Talos Energy (TALO)

Receivables turnover

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Revenue (ttm)	US$ in thousands	1,457,886	1,415,128	1,409,121	1,560,996	1,651,980	1,692,734	1,606,515	1,391,198	1,244,540	1,037,296	881,524	666,630	587,486	645,015	738,735	936,671	927,620	953,044	1,007,055	924,151
Receivables	US$ in thousands	258,314	275,182	243,944	250,399	205,295	192,358	270,758	266,302	201,406	132,951	177,820	177,435	156,691	126,002	119,819	113,921	124,394	125,916	146,245	119,098
Receivables turnover		5.64	5.14	5.78	6.23	8.05	8.80	5.93	5.22	6.18	7.80	4.96	3.76	3.75	5.12	6.17	8.22	7.46	7.57	6.89	7.76

December 31, 2023 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,457,886K ÷ $258,314K
= 5.64

The receivables turnover ratio for Talos Energy Inc has shown some fluctuations over the past eight quarters. In Q4 2023, the receivables turnover was 5.25, slightly lower than the previous quarter's figure of 4.95 in Q3 2023. This indicates that the company collected its accounts receivable approximately 5.25 times during the Q4 2023 period.

Looking at the trend over the last two years, we observe a general decrease in the receivables turnover ratio from Q4 2022 to Q2 2023, followed by an increase in Q3 2023 and a slight decrease in Q4 2023. The highest receivables turnover ratio was recorded in Q4 2022 at 7.79, which suggests that the company was more efficient in collecting its receivables during that period.

Overall, the receivables turnover ratio for Talos Energy Inc has demonstrated variability, potentially indicating fluctuations in the company's ability to collect outstanding customer payments efficiently. Further analysis and comparison with industry benchmarks would provide a more comprehensive understanding of the company's receivables management performance.