Tenet Healthcare Corporation (THC)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 20,665,000 | 20,548,000 | 19,174,000 | 19,485,000 | 17,640,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $20,665,000K ÷ $—K
= —
Based on the data provided, the receivables turnover ratio for Tenet Healthcare Corporation from December 31, 2020, to December 31, 2024, is not available ("—").
The receivables turnover ratio is a financial metric that measures how efficiently a company is able to collect its accounts receivable during a specific period. A higher turnover ratio indicates that the company is collecting its receivables more quickly, while a lower ratio may suggest potential issues with collections or credit policies.
In the absence of data for receivables turnover, it is challenging to assess Tenet Healthcare Corporation's ability to efficiently manage its accounts receivable and collect payments from customers. Having this ratio would provide valuable insights into the company's liquidity, collection efficiency, and overall financial health. It would be advisable for the company to consider providing this key financial metric in future reporting to enhance transparency and facilitate a more comprehensive analysis of its performance.
Peer comparison
Dec 31, 2024