ConocoPhillips (COP)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 54,745,000 | 57,861,000 | 78,494,000 | 45,828,000 | 18,784,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $54,745,000K ÷ $—K
= —
Based on the provided data, ConocoPhillips' receivables turnover is not available or not specified for the years ending on December 31, 2020, 2021, 2022, 2023, and 2024. Receivables turnover ratio is a measure of how effectively a company is able to collect outstanding receivables from its customers during a specific period.
Without specific values for receivables turnover, it is challenging to evaluate the efficiency of ConocoPhillips in managing its accounts receivable. This ratio is important as it indicates the speed with which the company is able to turn its receivables into cash, which can directly impact the company's liquidity and cash flow.
It is recommended to provide the actual values of receivables turnover for a more in-depth analysis of the company's effectiveness in collecting payments from customers.
Peer comparison
Dec 31, 2024