Texas Pacific Land Trust (TPL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 705,823 | 686,696 | 671,100 | 659,375 | 631,595 | 617,644 | 650,788 | 666,449 | 667,422 | 661,894 | 594,476 | 514,138 | 450,958 | 378,084 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $705,823K ÷ $—K
= —
The receivables turnover ratio for Texas Pacific Land Trust is not available for the period from September 30, 2021, to December 31, 2024, as indicated by the data provided. This means that we do not have specific information on how many times the company collected its outstanding receivables during these periods to assess its efficiency in collecting payments from customers. Receivables turnover ratio is a key liquidity metric that provides insights into how effectively a company is managing its accounts receivable. A higher turnover ratio generally indicates that the company is efficient in collecting payments from customers, while a lower ratio may suggest potential issues with credit policies or collection efforts. Without the specific data on receivables turnover, it is challenging to evaluate the company's performance in this aspect.
See also:
Texas Pacific Land Trust Receivables Turnover (Quarterly Data)