APA Corporation (APA)
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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 9,737,000 | 9,192,000 | 8,969,000 | 8,222,000 | 8,279,000 | 8,584,000 | 9,163,000 | 10,414,000 | 11,075,000 | 10,902,000 | 10,074,000 | 8,783,000 | 7,985,000 | 6,905,000 | 5,966,000 | 4,962,000 | 4,435,000 | 4,841,000 | 5,159,000 | 6,005,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $9,737,000K ÷ $—K
= —
The data provided for APA Corporation's receivables turnover shows that the turnover ratio is not available for any period indicated. This lack of information could stem from various reasons such as incomplete data, a change in accounting practices, or a delay in financial reporting.
Without specific values for the receivables turnover ratio, it is challenging to assess how effectively APA Corporation is managing its accounts receivable. Receivables turnover is a critical ratio that helps evaluate the efficiency of a company in collecting outstanding credit sales from its customers.
A high receivables turnover ratio typically indicates that the company is efficient in collecting payments from customers, while a low ratio may suggest potential issues with collections or credit policies. By monitoring changes in the receivables turnover over time, investors and analysts can gain insights into the company's credit and collection practices, as well as its overall financial performance.
In this case, without concrete data points to analyze, a thorough evaluation of APA Corporation's receivables turnover performance is not feasible. It would be advisable to await the availability of accurate and complete financial information to conduct a more in-depth analysis of the company's receivables turnover and its implications for financial management and operational efficiency.
Peer comparison
Dec 31, 2024