Warrior Met Coal Inc (HCC)
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 | 1,532,254 | 1,639,102 | 1,722,717 | 1,705,199 | 1,703,690 | 1,643,400 | 1,621,481 | 1,866,718 | 1,722,254 | 1,783,131 | 1,595,163 | 1,197,238 | 1,045,656 | 853,009 | 831,310 | 768,151 | 783,157 | 775,805 | 888,048 | 1,139,650 |
| Receivables | US$ in thousands | 141,595 | 152,627 | 182,710 | 213,400 | 110,437 | 268,124 | 207,532 | 208,629 | 155,463 | 215,172 | 295,003 | 260,477 | 130,141 | 73,270 | 65,158 | 76,120 | 88,440 | 81,417 | 101,283 | 155,800 |
| Receivables turnover | 10.82 | 10.74 | 9.43 | 7.99 | 15.43 | 6.13 | 7.81 | 8.95 | 11.08 | 8.29 | 5.41 | 4.60 | 8.03 | 11.64 | 12.76 | 10.09 | 8.86 | 9.53 | 8.77 | 7.31 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,532,254K ÷ $141,595K
= 10.82
Warrior Met Coal Inc's receivables turnover has shown fluctuations over the periods analyzed. The receivables turnover ratio measures how efficiently a company is able to collect payments on credit sales during a specific time frame. Generally, a higher turnover ratio indicates better efficiency in collecting receivables.
From March 31, 2020, to March 31, 2021, the receivables turnover steadily increased from 7.31 to 10.09, suggesting an improvement in the company's collection efforts. However, in the subsequent quarters, the turnover ratio fluctuated, reaching a peak of 15.43 on December 31, 2023, before dropping to 7.99 by March 31, 2024.
The analysis indicates that Warrior Met Coal Inc experienced periods of efficient collection of receivables, particularly in December 2023, but also faced challenges, as reflected in the lower turnover ratios in some quarters. It is important for the company to continue monitoring and managing its receivables turnover to ensure a healthy balance between extending credit to customers and collecting payments timely.
Peer comparison
Dec 31, 2024