Murphy Oil Corporation (MUR)

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 3,019,984 3,193,222 3,393,819 3,405,662 3,450,782 3,592,703 3,805,347 4,188,737 4,220,143 3,996,334 3,517,473 3,080,062 2,801,215 2,478,987 2,216,762 1,743,678 1,751,709 2,068,611 2,393,624 2,753,993
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,019,984K ÷ $—K
= —

The data provided for Murphy Oil Corporation's receivables turnover ratio is not available for any of the specified dates from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect payments from its customers on credit sales.

Without the actual values for receivables turnover, it is challenging to provide a detailed analysis of this ratio for Murphy Oil Corporation. However, a high receivables turnover ratio typically indicates that the company is effectively managing its accounts receivables and collecting payments quickly. On the other hand, a low receivables turnover ratio may suggest potential issues with credit policies, collection practices, or the creditworthiness of customers.

In general, monitoring the trend of the receivables turnover ratio over time can offer insights into the company's liquidity, credit risk, and overall financial health. Analyzing this ratio alongside other financial metrics can provide a more complete picture of Murphy Oil Corporation's operational efficiency and effectiveness in managing its receivables.