Comstock Resources Inc (CRK)

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 1,253,580 1,293,550 1,365,815 1,407,196 1,561,002 2,076,910 2,890,173 3,548,216 3,583,479 3,316,471 2,637,647 2,035,086 1,850,730 1,470,125 1,136,960 972,802 858,195 872,672 919,105 867,686
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,253,580K ÷ $—K
= —

The data provided indicates that Comstock Resources Inc did not have specific figures available for receivables turnover for the periods up to December 31, 2024.

Receivables turnover is a financial ratio that measures how efficiently a company is able to convert its accounts receivable into cash during a specific period. A high receivables turnover ratio generally indicates that the company is efficient in collecting payments from its customers, while a low ratio may suggest potential issues with collections or credit policies.

In the absence of the actual figures for Comstock Resources Inc's receivables turnover, it is challenging to provide a precise analysis of this ratio and its implications for the company's operations and financial health. To evaluate the company's performance in managing its receivables effectively, it would be essential to have access to the actual data for the respective periods.

Therefore, without the specific values for receivables turnover, a detailed assessment of the efficiency of Comstock Resources Inc in collecting payments from customers cannot be conducted based on the available information.