California Water Service Group (CWT)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,036,810 | 794,632 | 846,431 | 790,909 | 794,307 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,036,810K ÷ $—K
= —
The data provided indicates that the receivables turnover ratio for California Water Service Group is not available for the years 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is a measure of how efficiently a company is collecting its accounts receivable. A higher turnover ratio typically indicates that the company is collecting payments from customers more quickly.
Without specific values for the receivables turnover ratio, it is challenging to assess the company's effectiveness in collecting outstanding receivables during the mentioned years. Ideally, a higher turnover ratio is favorable as it suggests that the company is efficiently managing its credit policies and collecting payments promptly, thus improving its cash flow position.
Given the absence of data, it is recommended to look for further information or historical trends to evaluate the company's performance in managing its receivables effectively over time.
Peer comparison
Dec 31, 2024