Par Pacific Holdings Inc (PARR)
Receivables turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 7,974,460 | 8,231,960 | 7,321,780 | 4,710,090 | 3,124,870 |
Receivables | US$ in thousands | — | — | — | — | — |
Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,974,460K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for Par Pacific Holdings Inc is not available (denoted by "—") for the years 2020, 2021, 2022, 2023, and 2024. The receivables turnover ratio is a key metric that indicates how efficiently a company is managing its accounts receivable by measuring how many times a company collects its average accounts receivable balance during a particular period.
However, without the specific values for the accounts receivable and sales figures for the corresponding years, it is not possible to calculate the receivables turnover ratio. The lack of data for this ratio may limit the ability to evaluate the effectiveness of Par Pacific Holdings Inc in collecting its accounts receivable promptly. It is essential for companies to closely monitor their receivables turnover ratio to ensure efficient cash flow management and timely collection of outstanding payments.
Peer comparison
Dec 31, 2024