Century Aluminum Company (CENX)
Receivables turnover
| Dec 31, 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,222,300 | 2,115,300 | 2,134,400 | 2,676,000 | 3,086,000 | 3,954,300 | 5,317,700 | 5,722,400 | 6,099,900 | 5,800,200 | 4,820,100 | 4,157,500 | 3,208,300 | 2,521,800 | 1,964,500 | 1,605,100 | 1,651,500 | 1,696,600 | 1,767,800 | 1,836,600 |
| Receivables | US$ in thousands | 89,000 | 137,200 | 86,300 | 89,900 | 65,300 | 48,800 | 64,300 | 71,700 | 86,800 | 139,200 | 146,300 | 88,900 | 89,300 | 92,700 | 78,700 | 61,300 | 65,600 | 45,700 | 70,700 | 100,200 |
| Receivables turnover | 24.97 | 15.42 | 24.73 | 29.77 | 47.26 | 81.03 | 82.70 | 79.81 | 70.28 | 41.67 | 32.95 | 46.77 | 35.93 | 27.20 | 24.96 | 26.18 | 25.18 | 37.12 | 25.00 | 18.33 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,222,300K ÷ $89,000K
= 24.97
The receivables turnover of Century Aluminum Company has fluctuated over the years, ranging from a low of 15.42 in June 30, 2024, to a high of 82.70 in March 31, 2023. A higher receivables turnover ratio indicates that the company is collecting its accounts receivable more efficiently.
In the latest data available, as of December 31, 2024, the receivables turnover was reported at 24.97, showing an improvement from the previous period. This suggests that Century Aluminum Company has been better at converting its receivables into cash during that time frame.
It is essential to monitor the trend of the receivables turnover ratio over time to assess the effectiveness of the company's credit policies and collection efforts. Fluctuations in this ratio can provide insights into the company's liquidity, efficiency, and overall financial health.
Peer comparison
Dec 31, 2024