Nexstar Broadcasting Group Inc (NXST)
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 | 5,406,000 | 5,223,000 | 4,989,000 | 4,960,000 | 4,933,000 | 5,115,700 | 5,252,800 | 5,257,900 | 5,211,000 | 4,970,140 | 4,858,050 | 4,744,540 | 4,648,370 | 4,779,140 | 4,740,330 | 4,523,373 | 4,501,263 | 4,224,743 | 3,770,118 | 3,504,497 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $5,406,000K ÷ $—K
= —
I'm sorry, but the provided data for Nexstar Broadcasting Group Inc's receivables turnover is not available. Without the necessary figures, I am unable to calculate or analyze the receivables turnover ratio for the company. This ratio is a crucial financial metric that indicates how efficiently a company is managing its accounts receivable.
The receivables turnover ratio is calculated by dividing the net credit sales by the average accounts receivable balance over a specific period. A high receivables turnover ratio generally suggests that the company is collecting its outstanding debts quickly, while a low ratio may indicate potential collection issues or an inefficient credit policy.
If you could provide the relevant data for the net credit sales and accounts receivable balances for Nexstar Broadcasting Group Inc, I would be happy to assist you in analyzing the company's receivables turnover ratio and providing insights into its financial performance.
Peer comparison
Dec 31, 2024