Concentra Group Holdings Parent, Inc. (CON)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,900,150 | 1,838,080 | 1,724,360 | 1,732,040 |
| Receivables | US$ in thousands | 217,719 | — | — | — |
| Receivables turnover | 8.73 | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,900,150K ÷ $217,719K
= 8.73
The receivables turnover ratio for Concentra Group Holdings Parent, Inc. is as follows:
- December 31, 2021: Information not provided
- December 31, 2022: Information not provided
- December 31, 2023: Information not provided
- December 31, 2024: 8.73
The receivables turnover ratio of 8.73 for December 31, 2024 indicates that the company collected its accounts receivable approximately 8.73 times during the year. A higher receivables turnover ratio generally suggests that the company is efficient in collecting payments from its customers. It signifies that Concentra Group Holdings Parent, Inc. is able to effectively manage its accounts receivable and convert them into cash quickly. However, without data for the previous years, it is challenging to track the trend and assess the overall efficiency of the company in managing its receivables over time.
Peer comparison
Dec 31, 2024