Clear Secure Inc (YOU)

Receivables turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020
Revenue (ttm) US$ in thousands 770,488 735,183 697,146 660,272 613,579 570,867 526,399 479,251 437,434 389,840 341,479 293,934 253,953 226,449 215,266 220,066 230,796
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $770,488K ÷ $—K
= —

The data provided for Clear Secure Inc's receivables turnover shows that the turnover ratio was not available for any of the periods mentioned, from December 31, 2020, to December 31, 2024. The lack of information on receivables turnover makes it challenging to assess the efficiency of the company in collecting outstanding receivables from customers within a specific period. A higher receivables turnover ratio typically indicates a shorter time to collect outstanding payments, reflecting effective credit management practices. Conversely, a lower turnover ratio may suggest potential issues with accounts receivable collection or credit extension policies. However, without data on the receivables turnover for Clear Secure Inc, a detailed analysis of this particular metric is not feasible at this time.