NOV Inc. (NOV)
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 | 8,869,000 | 8,899,000 | 8,893,000 | 8,770,000 | 8,578,000 | 8,313,000 | 8,017,000 | 7,651,000 | 7,237,000 | 6,681,000 | 6,133,000 | 5,823,000 | 5,524,000 | 5,334,000 | 5,377,000 | 5,456,000 | 6,090,000 | 7,044,000 | 7,786,000 | 8,422,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $8,869,000K ÷ $—K
= —
The receivables turnover for NOV Inc. is not provided for the periods from March 31, 2020, to December 31, 2024. Without the specific data on accounts receivable turnover, we are unable to analyze the efficiency of the company in collecting receivables during these periods. Receivables turnover is a key ratio that helps in assessing how many times a company's receivables are collected and converted into cash within a given period.
A high receivables turnover ratio indicates that the company is efficient in collecting outstanding receivables, which is a positive sign of effective credit management and liquidity. On the other hand, a low receivables turnover ratio might suggest possible issues with collecting payments from customers, potentially leading to cash flow problems.
Without the receivables turnover figures, we are unable to provide a more in-depth analysis of NOV Inc.'s receivables management performance and how it has evolved over time.
Peer comparison
Dec 31, 2024