Par Pacific Holdings Inc (PARR)

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 7,974,460 8,325,750 8,761,130 8,527,590 8,231,960 7,857,330 7,334,300 7,656,700 7,321,780 6,806,420 6,060,510 5,171,700 4,710,090 4,132,075 3,511,686 2,809,467 3,124,867 3,808,492 4,520,151 5,414,260
Receivables US$ in thousands
Receivables turnover

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,974,460K ÷ $—K
= —

The receivables turnover ratio for Par Pacific Holdings Inc from March 31, 2020, to December 31, 2024, has not been provided in the data. The receivables turnover ratio is a key financial metric that indicates how efficiently a company is managing its receivables. It shows how many times during a period, typically a year, a company collects its average accounts receivable balance.

Without specific data on the receivables turnover ratio for the mentioned periods, it is challenging to assess the company's efficiency in collecting outstanding receivables. A high turnover ratio generally implies that the company is collecting its receivables quickly, which can indicate strong credit policies and efficient collections practices. Conversely, a low turnover ratio may suggest issues with collections, credit extensions, or potential liquidity problems.

Therefore, without the actual figures for the receivables turnover ratio, it is not possible to provide a detailed analysis of this specific aspect of Par Pacific Holdings Inc's financial performance. It is recommended to obtain the necessary data to calculate the ratio and evaluate the company's effectiveness in managing its accounts receivable efficiently.