Helix Energy Solutions Group Inc (HLX)
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 | 1,358,560 | 1,338,584 | 1,391,835 | 1,335,855 | 1,289,728 | 1,242,387 | 1,119,264 | 973,059 | 873,100 | 753,940 | 662,109 | 661,438 | 674,728 | 665,969 | 678,743 | 715,949 | 733,555 | 744,407 | 763,526 | 766,107 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,358,560K ÷ $—K
= —
The data provided for Helix Energy Solutions Group Inc's receivables turnover indicates that the specific turnover ratios are unavailable for the periods from March 31, 2020, to December 31, 2024. The absence of receivables turnover ratios restricts our ability to assess the efficiency with which the company is able to collect its accounts receivable within a given period.
Receivables turnover is a vital ratio that measures how many times a company is able to collect its average accounts receivable balance during a specific period. A high turnover ratio signifies a shorter collection period and a more efficient management of receivables, while a low ratio may indicate potential issues with credit policies, collection procedures, or the financial health of customers.
Without the receivables turnover data, it becomes challenging to evaluate Helix Energy Solutions Group Inc's effectiveness in managing its receivables, the impact of its credit policies on cash flows, and the overall health of its accounts receivable management. It is recommended that the company provides updated financial information including receivables turnover ratios for a more thorough analysis of its financial performance and efficiency in managing working capital.
Peer comparison
Dec 31, 2024