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.
Peer comparison
Dec 31, 2024