NewMarket Corporation (NEU)

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 2,786,558 2,775,261 2,717,464 2,692,366 2,698,419 2,737,628 2,766,527 2,805,036 2,764,799 2,658,807 2,584,965 2,452,047 2,356,110 2,307,324 2,197,986 2,018,129 2,010,931 2,017,595 2,060,543 2,213,096
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,786,558K ÷ $—K
= —

The receivables turnover ratio for NewMarket Corporation for the periods provided is not available, as the values are indicated as "—". The receivables turnover ratio is a measure of how efficiently a company is managing its accounts receivable and collecting cash from its customers.

A higher receivables turnover ratio generally indicates that a company is more efficiently collecting cash from its customers, while a lower ratio may suggest that the company's collection process is less effective.

Without the specific values for the receivables turnover ratio, it is difficult to assess NewMarket Corporation's performance in managing its accounts receivable over the given time periods. Further details or historical data would be needed to provide a more in-depth analysis of the company's receivables turnover and its implications for its overall financial health and operational efficiency.