Freeport-McMoran Copper & Gold Inc (FCX)
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 | 25,344,000 | 25,423,000 | 24,457,000 | 23,570,000 | 22,749,000 | 22,708,000 | 21,887,000 | 21,566,000 | 22,780,000 | 23,186,000 | 24,266,000 | 24,598,000 | 22,845,000 | 21,176,000 | 18,944,000 | 16,250,000 | 14,198,000 | 13,614,000 | 13,071,000 | 13,563,000 |
Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $25,344,000K ÷ $—K
= —
The data provided indicates that the receivables turnover ratio for Freeport-McMoran Copper & Gold Inc is not available for the periods from March 31, 2020, through December 31, 2024. A receivables turnover ratio is used to assess how efficiently a company is collecting its outstanding accounts receivable during a specific period.
Without the specific values for the receivables turnover ratio for the mentioned periods, it is challenging to evaluate the effectiveness of Freeport-McMoran's credit and collection policies, as well as its overall liquidity position. A higher receivables turnover typically indicates that the company is collecting its outstanding receivables quickly, which may be a positive sign of efficient operations.
It would be beneficial to have the actual receivables turnover ratio values for these periods to conduct a detailed analysis of Freeport-McMoran's accounts receivable management and performance in terms of collecting outstanding debts from customers. A continuous monitoring of this ratio over time could provide insights into the company's financial health and efficiency in managing its receivables.
Peer comparison
Dec 31, 2024
See also:
Freeport-McMoran Copper & Gold Inc Receivables Turnover (Quarterly Data)