Southern Company (SO)
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 | 26,724,000 | 26,428,000 | 26,134,000 | 25,419,000 | 25,253,000 | 26,255,000 | 27,653,000 | 29,111,000 | 29,279,000 | 27,999,000 | 25,859,000 | 23,851,000 | 23,113,000 | 22,463,000 | 21,845,000 | 21,267,000 | 20,375,000 | 20,172,000 | 20,547,000 | 21,025,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $26,724,000K ÷ $—K
= —
The data provided for Southern Company's receivables turnover indicates that the turnover ratio is not available for the periods from March 31, 2020, to December 31, 2024. A receivables turnover ratio is a measure of how efficiently a company is able to collect its outstanding receivables from customers. Without specific turnover figures, it is challenging to assess the efficiency of Southern Company in collecting payments from its customers within a specific period.
A high receivables turnover ratio typically suggests that a company efficiently collects payments from customers, while a low ratio may indicate potential issues with credit policies, collection efforts, or the financial health of customers. Given the absence of data for Southern Company's receivables turnover, it is not possible to evaluate these aspects or track any trends over time.
In conclusion, without the receivables turnover figures for Southern Company, a detailed analysis of its efficiency in managing accounts receivable and collecting payments cannot be conducted. It would be beneficial for investors and analysts to monitor and assess this metric in the company's future financial reports to better understand its financial performance and operational effectiveness.
Peer comparison
Dec 31, 2024