Comfort Systems USA Inc (FIX)

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 7,027,480 6,517,250 6,083,000 5,569,140 5,206,760 4,966,380 4,708,270 4,429,790 4,140,366 3,879,260 3,593,146 3,289,091 3,073,636 2,916,513 2,796,716 2,826,289 2,856,659 2,877,282 2,870,101 2,776,935
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,027,480K ÷ $—K
= —

The receivables turnover ratio for Comfort Systems USA Inc has not been provided in the data for the periods mentioned. Receivables turnover is an important ratio that measures how efficiently a company is collecting its accounts receivable from customers during a specific period.

A high receivables turnover ratio typically indicates that the company has strong collections practices and is efficient in converting its credit sales into cash. Conversely, a low turnover ratio may suggest inefficiencies in collecting outstanding receivables, which could lead to cash flow and liquidity issues.

Without the specific values for the receivables turnover ratio, it is not possible to assess Comfort Systems USA Inc's performance in managing its accounts receivable effectively. It is important for investors and analysts to monitor this ratio over time to understand changes in the company's ability to collect receivables promptly and efficiently.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Comfort Systems USA Inc
FIX
EMCOR Group Inc
EME
Quanta Services Inc
PWR