International Seaways Inc (INSW)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 951,613 1,071,780 864,665 272,546 421,648
Receivables US$ in thousands — — — — —
Receivables turnover — — — — —

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $951,613K ÷ $—K
= —

Based on the provided data, the receivables turnover ratio for International Seaways Inc is not available for the years from December 31, 2020, to December 31, 2024. This ratio is usually used to evaluate how efficiently a company is managing its receivables, indicating how many times during a period the company collects its average accounts receivable balance. Without this data, it is challenging to assess the company's effectiveness in collecting payments from its customers and how quickly it is converting its receivables into cash.