Knight Transportation Inc (KNX)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,410,080 | 7,141,770 | 7,428,580 | 5,998,020 | 4,673,860 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,410,080K ÷ $—K
= —
Based on the provided data, Knight Transportation Inc's receivables turnover ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. The absence of this ratio makes it challenging to assess the company's efficiency in collecting its accounts receivable within a given period. A higher receivables turnover ratio generally indicates that the company is collecting its receivables more efficiently. Conversely, a lower ratio may suggest potential issues with collections or extending credit terms.
Without the specific values for the receivables turnover ratio, it is difficult to evaluate the trend over time or compare it to industry standards. It is important for Knight Transportation Inc to monitor this ratio regularly to ensure optimal management of its accounts receivable and maintain healthy cash flow.
Peer comparison
Dec 31, 2024