DT Midstream Inc (DTM)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 981,000 | 922,000 | 920,000 | 840,000 | 754,000 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $981,000K ÷ $—K
= —
The data provided for DT Midstream Inc's receivables turnover ratio indicates that specific figures are not available for the years December 31, 2020 to December 31, 2024. Without the receivables turnover values, it is challenging to assess the efficiency of the company in collecting its accounts receivable during these periods. The receivables turnover ratio is a key indicator of a company's effectiveness in managing its credit sales and collecting payments from customers. A higher receivables turnover ratio generally suggests that the company is more efficient at converting its receivables into cash, while a lower ratio may indicate potential issues with credit policies or collection processes. In this case, with the absence of data points, a detailed analysis and evaluation of DT Midstream Inc's performance in this area cannot be provided. It is essential for companies to consistently monitor and analyze their receivables turnover ratio to ensure healthy cash flows and effective management of accounts receivable.
Peer comparison
Dec 31, 2024