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.
Peer comparison
Dec 31, 2024