Core Natural Resources, Inc. (CNR)
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 | 2,148,698 | 2,213,263 | 2,204,294 | 2,371,335 | 2,506,635 | 2,509,437 | 2,530,409 | 2,481,302 | 2,339,875 | 2,037,760 | 1,768,138 | 1,466,444 | 1,261,034 | 1,194,772 | 2,130,006 | 1,948,080 | 1,892,420 | 1,949,596 | 1,043,790 | 1,293,676 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | 196,644 | 147,370 | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | 11.90 | 13.83 | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,148,698K ÷ $—K
= —
Core Natural Resources, Inc.'s receivables turnover ratio has shown fluctuations over the years based on the available data. As of September 30, 2022, the receivables turnover ratio stood at 13.83, indicating that the company converted its accounts receivable into cash nearly 14 times during that period. However, in the following quarter, the turnover ratio decreased to 11.90 by December 31, 2022.
The receivables turnover ratio measures how efficiently a company is able to collect payments from its customers. A higher turnover ratio is generally favorable as it suggests that the company is collecting payments quickly, thereby improving its cash flow and liquidity. Conversely, a lower turnover ratio may indicate issues with collecting payments in a timely manner or potential inefficiencies in the accounts receivable management process.
It is important for Core Natural Resources, Inc. to monitor its receivables turnover ratio regularly to ensure efficient management of its accounts receivable and maintain healthy cash flows. Further analysis and comparison with industry benchmarks would provide a more holistic view of the company's performance in this aspect.
Peer comparison
Dec 31, 2024