Vulcan Materials Company (VMC)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 7,417,700 | 7,781,900 | 7,315,200 | 5,552,200 | 4,856,830 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $7,417,700K ÷ $—K
= —
The data provided for Vulcan Materials Company's receivables turnover from December 31, 2020, to December 31, 2024, indicates that the receivables turnover ratio is not available or has not been provided in the financial statements for these periods. Receivables turnover is a key financial ratio that reflects how efficiently a company is managing its accounts receivable by measuring the number of times a company collects its average accounts receivable balance during a specific period.
Without data on the receivables turnover ratio for these years, it is challenging to assess Vulcan Materials Company's effectiveness in collecting outstanding receivables promptly. Monitoring the receivables turnover ratio over time can provide insights into the company's credit policies, collection procedures, and overall liquidity management. It is essential for investors and stakeholders to have access to this ratio to better understand the company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024