International Seaways Inc (INSW)
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 | 951,613 | 1,007,734 | 829,787 | 864,581 | 877,310 | 964,733 | 1,154,319 | 1,050,313 | 864,665 | 621,178 | 469,165 | 377,539 | 322,813 | 284,846 | 299,913 | 343,067 | 421,648 | 488,967 | 460,362 | 389,647 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $951,613K ÷ $—K
= —
The receivables turnover ratio is a measure of how efficiently a company is able to collect its accounts receivable during a specific period. It is calculated by dividing the net credit sales by the average accounts receivable for the period.
Based on the data provided, the receivables turnover ratio for International Seaways Inc is not available for the periods from March 2020 to December 2024. This lack of information makes it challenging to assess the company's effectiveness in collecting outstanding receivables and managing its credit sales.
A high receivables turnover ratio is generally indicative of a company's ability to efficiently collect cash from its customers, while a low ratio may suggest potential issues with collection efforts or credit policies. Without the specific values for the receivables turnover ratio, it is difficult to draw meaningful conclusions regarding International Seaways Inc's liquidity and collection efficiency over the specified periods.
In order to perform a more thorough analysis of International Seaways Inc's receivables turnover, it would be necessary to obtain the relevant financial data for the periods in question to calculate the ratio accurately and assess any trends or changes in the company's receivables management over time.
Peer comparison
Dec 31, 2024