Steel Dynamics Inc (STLD)
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 | ||
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Revenue (ttm) | US$ in thousands | 17,540,390 | 17,901,670 | 18,147,110 | 18,596,110 | 18,795,320 | 19,388,190 | 20,452,840 | 21,584,090 | 22,260,780 | 22,745,150 | 22,181,730 | 20,434,160 | 18,408,860 | 15,699,440 | 12,941,980 | 10,570,970 | 9,601,470 | 9,370,720 | 9,566,730 | 10,242,950 |
Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $17,540,390K ÷ $—K
= —
The receivables turnover ratio for Steel Dynamics Inc is not available for the periods provided in the data. The receivables turnover ratio is a financial metric that indicates how many times a company collects its average accounts receivable balance during a period. This ratio helps evaluate how efficiently a company is managing its accounts receivable and collecting payments from its customers.
Without the specific receivables turnover values for Steel Dynamics Inc, it's challenging to assess the effectiveness of the company in collecting payments from customers and managing its accounts receivable efficiently. Ideally, a higher receivables turnover ratio signifies that a company is collecting its outstanding receivables quickly, which is a positive indicator of strong cash flow management.
Given the absence of receivables turnover data, it is essential for stakeholders to monitor this ratio over time to track changes in the company's collection efficiency and assess its credit policies. A declining receivables turnover ratio could indicate potential issues with customer creditworthiness, collection processes, or inefficient management of accounts receivable, while an increasing ratio may signal improvements in these areas.
Peer comparison
Dec 31, 2024