Ovintiv Inc (OVV)
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 | 9,232,000 | 9,866,000 | 10,191,000 | 10,494,000 | 10,539,000 | 10,929,000 | 11,829,000 | 13,048,000 | 12,464,000 | 12,591,000 | 10,831,000 | 8,787,000 | 8,658,000 | 6,847,000 | 6,248,000 | 5,282,000 | 6,087,000 | 6,124,000 | 6,805,000 | 8,134,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $9,232,000K ÷ $—K
= —
The receivables turnover ratio for Ovintiv Inc is not provided for any of the reporting periods up to December 31, 2024. This ratio helps in assessing how efficiently a company is able to collect its outstanding receivables during a specific period. Without this information, it is challenging to evaluate Ovintiv's effectiveness in managing its accounts receivable and converting them into cash.
The receivables turnover ratio is a key indicator of a company's liquidity and its ability to efficiently collect payments from customers. A high turnover ratio indicates that the company is efficient in collecting payments, while a lower ratio could suggest potential issues with collections or credit policies.
Given the absence of data on the receivables turnover ratio, it is difficult to draw any specific conclusions regarding Ovintiv's performance in managing its accounts receivable. It would be advisable for stakeholders and investors to seek further information or clarification from the company to gain a better understanding of its accounts receivable management efficiency.
Peer comparison
Dec 31, 2024