TXNM Energy, Inc. (TXNM)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,971,200 | 1,939,200 | 2,249,560 | 1,779,870 | 1,523,010 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,971,200K ÷ $—K
= —
The data provided for TXNM Energy, Inc. does not include the receivables turnover ratio for the years ending December 31, from 2020 to 2024. The absence of this information makes it challenging to assess the efficiency of the company in collecting its accounts receivable during these periods. Ideally, a higher receivables turnover ratio indicates a shorter average collection period, reflecting better liquidity and operational efficiency. Conversely, a low turnover ratio may suggest potential issues with collecting payments from customers on time. Without the specific receivables turnover figures, a detailed analysis of TXNM Energy, Inc.'s receivables turnover performance cannot be provided.
Peer comparison
Dec 31, 2024