Northern Oil & Gas Inc (NOG)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,163,760 | 1,907,010 | 1,985,800 | 975,092 | 324,069 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,163,760K ÷ $—K
= —
The receivables turnover ratio for Northern Oil & Gas Inc for the years 2020, 2021, 2022, 2023, and 2024 is not available ("—"). Receivables turnover ratio is a key indicator of how efficiently a company is collecting its accounts receivable from customers during a specific period. Without the specific data for receivables turnover, it is challenging to assess the company's effectiveness in managing its credit sales and collecting outstanding payments within a given timeframe. It is recommended to obtain this information to evaluate the company's liquidity and operational efficiency further.
Peer comparison
Dec 31, 2024