MYR Group Inc (MYRG)
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 | 3,362,290 | 3,536,695 | 3,588,128 | 3,647,854 | 3,643,908 | 3,503,664 | 3,364,036 | 3,183,534 | 3,008,542 | 2,790,634 | 2,600,968 | 2,542,427 | 2,498,289 | 2,460,211 | 2,457,930 | 2,321,408 | 2,247,392 | 2,210,497 | 2,185,810 | 2,121,535 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $3,362,290K ÷ $—K
= —
The receivables turnover ratio for MYR Group Inc for the period between March 31, 2020, and December 31, 2024, has been indicated as not available (N/A) based on the provided data. This may suggest that the specific information necessary to calculate this ratio, such as accounts receivable figures and sales data, is not present in the dataset.
The receivables turnover ratio is a financial metric used to evaluate how efficiently a company is managing its accounts receivable by measuring how many times during a period the company collects its average accounts receivable balance in credit sales. A higher turnover ratio usually indicates better efficiency in collecting payments from customers.
While the lack of specific receivables turnover data limits the ability to assess MYR Group Inc's accounts receivable management efficiency, it would be useful to have access to additional financial information to calculate and analyze this ratio effectively for a more comprehensive assessment of the company's financial performance in terms of receivables management.
Peer comparison
Dec 31, 2024