Tenet Healthcare Corporation (THC)
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 | 20,665,000 | 20,972,000 | 20,916,000 | 20,895,000 | 20,548,000 | 20,159,000 | 19,894,000 | 19,450,000 | 19,174,000 | 19,040,000 | 19,133,000 | 19,449,000 | 19,485,000 | 19,544,000 | 19,207,000 | 17,901,000 | 17,640,000 | 17,531,000 | 17,542,000 | 18,454,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $20,665,000K ÷ $—K
= —
The receivables turnover ratio for Tenet Healthcare Corporation as of the available data has not been provided for the period from March 31, 2020, to December 31, 2024. This ratio is a measure of how efficiently a company is able to collect payments from its customers. Without the specific data points, it is not possible to analyze the trend or assess the company's effectiveness in managing its accounts receivable turnover.
However, in a typical analysis, a higher receivables turnover ratio indicates that the company is collecting payments from its customers more quickly, which could be a sign of strong financial health and efficient operations. On the other hand, a lower ratio may suggest inefficiencies in collecting payments and could potentially indicate liquidity or credit management issues.
It is important to monitor the receivables turnover ratio over time to identify any significant changes and evaluate the company's performance in managing its accounts receivable effectively.
Peer comparison
Dec 31, 2024