Marten Transport Ltd (MRTN)

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 963,708 1,001,498 1,043,670 1,083,104 1,131,455 1,185,817 1,230,727 1,274,620 1,263,878 1,208,170 1,135,002 1,037,879 973,644 934,101 898,832 878,774 874,374 864,226 863,188 862,894
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $963,708K ÷ $—K
= —

The receivables turnover ratio for Marten Transport Ltd is not available for the periods listed in the data provided. A company's receivables turnover ratio indicates how efficiently it is collecting payments from its customers. A higher receivables turnover ratio usually signifies a shorter time taken to collect outstanding receivables, which can be seen as a positive indicator of the company's liquidity and effectiveness in managing its accounts receivable. Conversely, a low receivables turnover ratio may indicate potential issues with collecting payments promptly or ineffective credit policies. Without the specific data points, it is challenging to provide a detailed analysis of Marten Transport Ltd's receivables turnover and its implications for the company's financial performance and operational efficiency.