California Water Service Group (CWT)
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 | 1,036,806 | 1,029,123 | 984,536 | 934,281 | 794,632 | 781,057 | 792,388 | 804,538 | 846,431 | 818,820 | 809,236 | 816,165 | 790,909 | 806,735 | 854,120 | 816,481 | 794,307 | 782,033 | 710,462 | 714,009 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,036,806K ÷ $—K
= —
The receivables turnover ratio of California Water Service Group is not provided in the data provided for various financial reporting periods, from March 31, 2020, to December 31, 2024.
Receivables turnover ratio, a liquidity ratio, indicates how efficiently a company collects its outstanding receivables during a specific period. It is calculated by dividing net credit sales by the average accounts receivable for the period. A higher receivables turnover ratio is generally preferred as it suggests that the company is able to collect its outstanding receivables quickly.
Without the specific data on receivables turnover, it is not possible to assess how well California Water Service Group is managing its accounts receivable and collecting payments from its customers. Monitoring changes in the receivables turnover ratio over time would provide valuable insights into the effectiveness of the company's credit and collection policies.
Peer comparison
Dec 31, 2024