Clear Secure Inc (YOU)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 770,488 | 613,579 | 437,434 | 253,953 | 230,796 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $770,488K ÷ $—K
= —
The data provided shows that Clear Secure Inc has not reported any specific values for receivables turnover for the years spanning from December 31, 2020, to December 31, 2024. As a result, it is challenging to conduct a detailed analysis of the receivables turnover ratio for Clear Secure Inc based on the information available. Receivables turnover is a key financial ratio that indicates how efficiently a company is collecting its accounts receivable from customers.
In the absence of specific values for the receivables turnover ratio, it is not possible to assess the company's effectiveness in managing its credit sales and collecting payments from customers within a given period. A higher receivables turnover ratio typically indicates that a company is efficiently collecting payments from customers, while a lower ratio may suggest that the company is facing challenges in collecting accounts receivable promptly.
Without the actual values for receivables turnover, further analysis or comparison with industry averages or historical performance is not feasible. It is important for Clear Secure Inc to ensure transparent and timely reporting of financial information, including key ratios like receivables turnover, to provide stakeholders with a comprehensive understanding of the company's financial performance and liquidity management.
Peer comparison
Dec 31, 2024