SM Energy Co (SM)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,671,280 | 2,373,890 | 3,345,910 | 2,597,920 | 1,126,580 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $2,671,280K ÷ $—K
= —
Based on the provided data, it appears that the receivables turnover ratio for SM Energy Co is not available for the years spanning from December 31, 2020, to December 31, 2024. This lack of information on receivables turnover limits our ability to assess how efficiently the company is collecting payments from its customers during those years. A higher receivables turnover ratio generally indicates that a company is collecting its outstanding receivables more quickly, which is a positive sign of operational efficiency and effective credit management. However, without the specific values for the receivables turnover ratio, it is challenging to draw any concrete conclusions regarding SM Energy Co's performance in this aspect. Further information or data would be needed to conduct a more in-depth analysis of the company's receivables turnover.
Peer comparison
Dec 31, 2024