Amcor PLC

NYSE AMCR

Data sourced from

and

Download Data

Amcor PLC Accounts Receivable Turnover Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -1.38%

Amcor PLC Accounts Receivable Turnover Ratio 2 year CAGR is -1.38% for the Trailing 12 Months (TTM) ending March 31, 2024, a -325.05% change year over year. The accounts receivable turnover ratio measures the efficiency of a company in collecting payments from its customers. It is calculated by dividing the company's revenue by its accounts receivable. This ratio provides insight into how quickly a company collects outstanding funds owed to it. A higher turnover ratio implies that the company efficiently converts credit sales into cash, while a lower ratio may indicate delays in collecting payments or potential issues with credit management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Amcor PLC Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 1.89, a 4.03% change year over year.
Amcor PLC Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 1.81, a -2.69% change year over year.
Amcor PLC Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 1.86, a 9.71% change year over year.
Amcor PLC Accounts Receivable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 1.70, a 3.33% change year over year.

NYSE: AMCR

Amcor PLC

CEO	Mr. Ronald Stephen Delia B.Sc., MBA
IPO Date	June 11, 2019
Location	Switzerland
Headquarters	Thurgauerstrasse 34, Zurich, Switzerland, 8050
Employees	41,000
Sector	Consumer Cyclical
Industry	Packaging & containers

Description

Amcor plc develops, produces, and sells packaging products in Europe, North America, Latin America, Africa, and the Asia Pacific regions. The company operates through two segments, Flexibles and Rigid Packaging. The Flexibles segment provides flexible and film packaging products in the food and beverage, medical and pharmaceutical, fresh produce, snack food, personal care, and other industries. The Rigid Packaging segment offers rigid containers for various beverage and food products, including carbonated soft drinks, water, juices, sports drinks, milk-based beverages, spirits and beer, sauces, dressings, spreads, and personal care items; and plastic caps for various applications. The company sells its products through its direct sales force. Amcor plc was incorporated in 2018 and is headquartered in Zurich, Switzerland.

Key trends