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

Company name
Symbol
Receivables turnover
Freeport-McMoran Copper & Gold Inc
FCX
Cleveland-Cliffs Inc
CLF
12.17
MP Materials Corp
MP

See also:

Freeport-McMoran Copper & Gold Inc Receivables Turnover (Quarterly Data)