Nucor Corp (NUE)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 30,734,000 | 34,713,500 | 41,512,500 | 36,483,900 | 20,139,700 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $30,734,000K ÷ $—K
= —
The data provided indicates that the receivables turnover ratio for Nucor Corp is not available for the years 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is a key financial metric that measures how efficiently a company is managing its receivables by comparing its credit sales to average accounts receivable. In the absence of this data, it is difficult to assess the effectiveness of Nucor Corp's credit management and the speed at which it is collecting payments from its customers. Monitoring the receivables turnover over time can provide insights into the company's liquidity, collection policies, and overall financial health. Therefore, it is recommended for Nucor Corp to disclose this information in their financial reports for better transparency and analysis by stakeholders.
Peer comparison
Dec 31, 2024