ConocoPhillips (COP)
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 | 55,276,000 | 55,684,000 | 56,330,000 | 55,093,000 | 56,056,000 | 59,970,000 | 66,733,000 | 75,543,000 | 78,494,000 | 75,056,000 | 65,369,000 | 53,764,000 | 45,828,000 | 36,199,000 | 29,259,000 | 22,452,000 | 18,784,000 | 21,001,000 | 24,371,000 | 29,575,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $55,276,000K ÷ $—K
= —
Based on the data provided, ConocoPhillips' receivables turnover ratio is not available for any of the periods mentioned, as indicated by the dash symbol ("\u2014") for each reporting date.
A receivables turnover ratio reflects how efficiently a company is collecting payments on its credit sales and converting its accounts receivable into cash. Without specific values for the receivables turnover, it is challenging to assess ConocoPhillips' effectiveness in managing its accounts receivable and collecting payment from customers over the mentioned periods.
It is important to note that a higher receivables turnover ratio typically indicates a faster collection of receivables, which could signify better cash flow management. Conversely, a lower ratio might suggest potential issues with collecting payments timely.
Given the lack of data, further analysis of ConocoPhillips' receivables turnover performance and its implications on the company's liquidity and overall financial health cannot be conducted at this time.
Peer comparison
Dec 31, 2024