Freeport-McMoran Copper & Gold Inc (FCX)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 25,455,000 | 22,855,000 | 22,780,000 | 22,845,000 | 14,198,000 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $25,455,000K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for Freeport-McMoran Copper & Gold Inc is not available for the years ending on December 31st, 2020, 2021, 2022, 2023, and 2024. The absence of this information makes it challenging to assess the efficiency of the company in collecting its accounts receivable during these years. Receivables turnover is a key metric that indicates how many times a company converts its accounts receivable into cash over a specific period, reflecting its effectiveness in managing credit sales and collecting outstanding payments. Without the receivables turnover figures, it is difficult to evaluate Freeport-McMoran's performance in this aspect and draw conclusions regarding its liquidity and credit management practices.
Peer comparison
Dec 31, 2024