Knife River Corporation (KNF)

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
Revenue (ttm) US$ in thousands 2,899,002 2,888,686 2,873,766 2,852,060 2,830,370 2,720,992 2,606,050 2,532,663 2,534,729
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,899,002K ÷ $—K
= —

The receivables turnover ratio for Knife River Corporation is not available based on the provided data spanning from December 31, 2022, to December 31, 2024. The receivables turnover ratio is a measure of how efficiently a company is able to collect its outstanding credit sales during a specific period. Without specific turnover figures, it is challenging to assess the company's effectiveness in managing its accounts receivables and the speed of converting credit sales into cash. A higher receivables turnover ratio typically indicates a shorter collection period for outstanding receivables, reflecting stronger liquidity and efficient credit management. Conversely, a lower turnover ratio may suggest potential issues with collections or credit policies that warrant further investigation. It would be beneficial to obtain more detailed financial information to evaluate Knife River Corporation's receivables turnover performance accurately.


Peer comparison

Dec 31, 2024

Company name
Symbol
Receivables turnover
Knife River Corporation
KNF
Martin Marietta Materials Inc
MLM
MDU Resources Group Inc
MDU
Vulcan Materials Company
VMC