What is International Paper Co Receivables Turnover?
The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. International Paper Co's Revenue for the
three
months ended in Mar. 2024 was $4,619 Mil. International Paper Co's average Accounts Receivable for the
three
months ended in Mar. 2024 was $3,054 Mil.
Hence, International Paper Co's Receivables Turnover for the
three
months ended in Mar. 2024 was 1.51.
International Paper Co Receivables Turnover Historical Data
The historical data trend for International Paper Co's Receivables Turnover can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of International Paper Co's Receivables Turnover
For the Packaging & Containers subindustry, International Paper Co's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
International Paper Co's Receivables Turnover Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, International Paper Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where International Paper Co's Receivables Turnover falls into.
International Paper Co Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
International Paper Co's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
International Paper Co (NYSE:IP) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
International Paper Co Receivables Turnover Related Terms
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International Paper Co (International Paper Co) Business Description
International Paper manufactures packaging products and cellulose fibers. It accounts for roughly one third of the North American corrugated packaging market. Though it has operations in Brazil, Russia, India, and China, more than three fourths of its sales come from North America. International Paper serves a variety of end markets, including industrial, consumer products, and manufacturing.
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