NeoGenomics Inc (NEO)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 660,566 | 591,643 | 509,728 | 484,329 | 444,448 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $660,566K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for NeoGenomics Inc is not available for the years spanning from December 31, 2020, to December 31, 2024. The absence of values for the receivables turnover ratio over this period could indicate that specific financial information necessary to calculate this ratio may not be present or that it has not been disclosed by the company. Receivables turnover is a metric that assesses the efficiency of a company in collecting outstanding payments from its customers. A higher receivables turnover ratio generally reflects a more effective management of accounts receivable. The lack of data for this ratio limits the ability to evaluate NeoGenomics Inc's performance in this aspect for the specified period.