Marten Transport Ltd (MRTN)

Receivables turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 963,708 1,131,460 1,263,880 973,644 874,374
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue ÷ Receivables
= $963,708K ÷ $—K
= —

Based on the information provided, it seems that the receivables turnover ratio for Marten Transport Ltd is not available for the years from 2020 to 2024. This lack of data prevents us from assessing how efficiently the company is collecting its accounts receivable during these periods. Receivables turnover is an important financial ratio that helps in evaluating a company's effectiveness in managing its credit sales and collecting outstanding payments. Without the receivables turnover ratio data, it is challenging to gauge the company's liquidity, credit risk, and overall financial health related to its accounts receivable management. In the absence of this ratio, it is advisable for stakeholders to seek additional financial information or inquire directly with the company to better understand its receivables turnover performance in the given years.