Hess Corporation (HES)
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 | 12,843,000 | 12,713,000 | 12,322,000 | 11,409,000 | 10,511,000 | 10,434,000 | 10,756,000 | 11,422,000 | 11,324,000 | 10,627,000 | 9,264,000 | 7,888,000 | 7,473,000 | 6,557,000 | 5,957,000 | 5,211,000 | 4,667,000 | 5,029,000 | 5,450,000 | 6,277,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $12,843,000K ÷ $—K
= —
The data provided does not include specific figures for Hess Corporation's receivables turnover for the given dates. Receivables turnover is a financial ratio that measures how efficiently a company is able to collect its outstanding accounts receivable during a specific period.
Typically, a higher receivables turnover ratio indicates that the company is collecting its receivables more quickly, which is generally a positive sign as it implies good credit control and efficient operations. Conversely, a low receivables turnover ratio might suggest potential issues with collecting receivables in a timely manner.
Without the specific data points for Hess Corporation's receivables turnover, it is not possible to provide a detailed analysis of how the company's efficiency in collecting accounts receivable has been trending over time. It would be beneficial to obtain the actual figures for the receivables turnover ratio in order to assess the company's performance in this area accurately.
Peer comparison
Dec 31, 2024