Kirby Corporation (KEX)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 3,265,880 3,091,640 2,784,750 2,246,660 2,171,410
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $3,265,880K ÷ $—K
= —

The receivables turnover ratio for Kirby Corporation for the years 2020 to 2024 is not provided, as indicated by the dashes in the data. The receivables turnover ratio is a measure of how efficiently a company is collecting its accounts receivable during a specific period. It helps assess the effectiveness of a company's credit and collection policies.

In the absence of the receivables turnover data, it is challenging to evaluate Kirby Corporation's effectiveness in collecting its receivables relative to its sales. To gain a comprehensive understanding of the company's performance in managing its receivables, it is crucial to have access to this information. The receivables turnover ratio is a key metric that can provide insights into the company's liquidity, credit policies, and overall financial health.