Chesapeake Utilities Corporation (CPK)

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 787,291 757,626 729,035 698,526 670,604 672,569 672,075 675,952 680,703 653,768 630,050 601,662 569,969 546,642 540,726 526,695 488,218 483,153 474,360 508,212
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $787,291K ÷ $—K
= —

The receivables turnover ratio for Chesapeake Utilities Corporation is not available for the periods provided in the data. This ratio is calculated by dividing the total credit sales by the average accounts receivable balance. It is a measure of how efficiently a company is able to collect payment from its customers.

Without the specific data on credit sales and accounts receivable, it is not possible to analyze the trend or the level of efficiency in collecting receivables for Chesapeake Utilities Corporation over the given periods. However, a low receivables turnover ratio could indicate potential issues with collections, credit policies, or the quality of customers, while a high ratio may signify effective credit management and timely collections.

In order to provide a more detailed analysis of the receivables turnover ratio for Chesapeake Utilities Corporation, it would be necessary to have access to the actual figures for credit sales and accounts receivable for each reporting period.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Chesapeake Utilities Corporation
CPK
ONEOK Inc
OKE
9.30
Southwest Gas Holdings Inc
SWX