Nexstar Broadcasting Group Inc (NXST)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 5,407,000 | 4,933,000 | 5,211,000 | 4,648,370 | 4,501,270 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $5,407,000K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for Nexstar Broadcasting Group Inc is not available for the years 2020 to 2024. The absence of this ratio may indicate a lack of specific financial information related to accounts receivable turnover, making it challenging to evaluate how effectively the company is collecting payments from its customers within a given period. The receivables turnover ratio is a key metric that helps assess the efficiency of a company's credit and collection policies. Without this information, it becomes difficult to gauge the company's management of accounts receivable and its impact on cash flow and overall financial performance. Further data or context would be necessary to provide a more in-depth analysis of Nexstar Broadcasting Group Inc's receivables turnover.
Peer comparison
Dec 31, 2024