Now Inc (DNOW)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,373,000 | 2,321,000 | 2,136,000 | 1,632,000 | 1,619,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,373,000K ÷ $—K
= —
Based on the data provided, Now Inc's receivables turnover ratio is not available for the years 2020 to 2024. The absence of this ratio information indicates that the company's efficiency in collecting its accounts receivable during these years cannot be determined. A higher receivables turnover ratio typically signifies that the company is collecting its outstanding receivables quickly, while a lower ratio may indicate potential issues with credit management or collections processes. Without specific data on the receivables turnover ratio, it is difficult to assess the effectiveness of Now Inc's accounts receivable management during the specified periods.
Peer comparison
Dec 31, 2024