Xpel Inc (XPEL)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 420,400 | 396,293 | 323,993 | 259,263 | 158,924 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $420,400K ÷ $—K
= —
The data provided indicates that the receivables turnover for Xpel Inc is not available for the years ending December 31, 2020 to December 31, 2024. Without specific values for receivables turnover, it is difficult to assess the efficiency of Xpel Inc in collecting its accounts receivable during these periods. Receivables turnover is a critical metric that helps determine how quickly a company is converting its credit sales into cash. A higher turnover ratio typically indicates that a company is efficiently managing its accounts receivable, while a lower ratio may suggest potential issues with collections or credit policies. In the absence of this data, further analysis of Xpel Inc's liquidity and cash flow management may be necessary to gain a more comprehensive understanding of its financial performance.