ProPetro Holding Corp (PUMP)

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	1,444,286	1,471,508	1,534,444	1,612,672	1,630,399	1,631,548	1,540,758	1,420,592	1,279,702	1,176,847	1,093,932	995,736	874,514	782,788	666,399	555,621	828,956	1,109,405	1,517,542	1,940,927
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,444,286K ÷ $—K
= —

The data provided for ProPetro Holding Corp's receivables turnover from March 31, 2020, to December 31, 2024, indicates that the receivables turnover ratio is not available during this period.

Receivables turnover is a financial ratio that measures how efficiently a company is managing its receivables by assessing how many times during a period the company collects its average accounts receivable balance. A higher receivables turnover ratio generally indicates that the company is efficient in collecting payments from its customers, while a lower ratio may suggest potential issues with collecting receivables or ineffective credit policies.

Without specific receivables turnover data for ProPetro Holding Corp during the period mentioned, it is not possible to evaluate the efficiency of the company in collecting payments from its customers and managing its accounts receivable. It would be beneficial for stakeholders to monitor this ratio in the future to assess the company's financial performance and liquidity.