Crescent Energy Co (CRGY)

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
Revenue (ttm) US$ in thousands 2,930,919 2,713,358 2,610,882 2,449,938 2,382,602 2,409,636 2,632,195 3,048,290 3,057,063 2,835,560 2,336,331 1,758,026 1,476,977 1,204,330 942,108 819,828
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,930,919K ÷ $—K
= —

The receivables turnover ratio for Crescent Energy Co is not available for the periods provided in the data. Receivables turnover ratio is a measure of how efficiently a company is managing its receivables by showing how many times a company collects its average accounts receivable balance during a specific period.

Without the specific values for accounts receivable and sales for each period, it is not possible to calculate the receivables turnover ratio. It is important to note that a high receivables turnover ratio indicates that the company is efficient in collecting payments from its customers, while a low ratio may suggest potential issues with credit policies or collection efforts.

It would be beneficial for Crescent Energy Co to track and monitor their receivables turnover ratio over time to assess any changes in their collection efficiency and possibly take proactive measures to improve their receivables management.