RPC Inc (RES)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,415,000 | 1,617,470 | 1,601,760 | 864,929 | 598,302 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,415,000K ÷ $—K
= —
The receivables turnover ratio for RPC Inc is not available for the years presented (2020 to 2024). This ratio is important as it indicates how efficiently the company is able to collect payments from its customers. Without the specific data, it is difficult to assess the effectiveness of RPC Inc's accounts receivable management over these years. It would be advisable for the company to disclose this information in order to provide a more comprehensive analysis of its financial performance and liquidity.
Peer comparison
Dec 31, 2024
Company name
Symbol
Receivables turnover
RPC Inc
RES
—
Core Laboratories NV
CLB
4.11
Halliburton Company
HAL
4.48
Helix Energy Solutions Group Inc
HLX
—
Liberty Oilfield Services Inc
LBRT
23.30
Oceaneering International Inc
OII
8.77
ProPetro Holding Corp
PUMP
—
Schlumberger NV
SLB
4.53