Nucor Corp (NUE)

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 30,734,410 31,362,940 32,694,510 34,140,600 34,713,500 35,732,930 37,458,000 39,729,240 41,512,560 43,153,000 42,965,400 39,960,060 36,483,900 31,379,560 25,994,320 21,532,470 20,139,670 20,011,360 20,547,900 22,116,580
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $30,734,410K ÷ $—K
= —

The data provided for Nucor Corp's receivables turnover ratio shows that the ratio is not available or not reported for the periods from March 31, 2020, to December 31, 2024. The receivables turnover ratio is a measure of how efficiently a company manages its accounts receivable by indicating how many times during a period the company collects its average accounts receivable balance.

Without the specific values for the receivables turnover ratio, it is challenging to assess Nucor Corp's effectiveness in collecting receivables over time. Typically, a high receivables turnover ratio indicates that a company is efficient in collecting outstanding receivables, while a low ratio may suggest potential issues with collecting payments from customers.

Given the absence of data, it is not possible to provide a detailed analysis of the trend, industry comparison, or implications for Nucor Corp's financial performance based on the receivables turnover ratio. It is important for investors and stakeholders to monitor this ratio in future financial reports to gain insights into the company's accounts receivable management and overall financial health.