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

Company name
Symbol
Receivables turnover
Nexstar Broadcasting Group Inc
NXST
Fox Corp Class A
FOXA
5.92
Fox Corp Class B
FOX
5.92
Paramount Global Class B
PARA
Tegna Inc
TGNA