NOV Inc. (NOV)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,870,000 | 8,583,000 | 7,237,000 | 5,524,000 | 6,090,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $8,870,000K ÷ $—K
= —
The receivables turnover ratio for NOV Inc. for the years ending December 31, 2020 through December 31, 2024 is not available as indicated by the dashes ("—"). This signifies that the necessary data to calculate the receivables turnover ratio is missing or not provided in the financial statements. Receivables turnover ratio is a critical indicator of how effectively a company is managing its receivables, collecting cash from credit customers, and converting credit sales into cash. Without this information, it is difficult to assess the efficiency of NOV Inc.'s accounts receivable management over the specified years.
Peer comparison
Dec 31, 2024