Vulcan Materials Company (VMC)
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 | 7,417,600 | 7,398,300 | 7,580,200 | 7,678,700 | 7,782,000 | 7,679,600 | 7,582,100 | 7,423,500 | 7,315,200 | 7,189,600 | 6,617,810 | 6,024,560 | 5,552,200 | 5,121,020 | 4,914,400 | 4,875,930 | 4,856,830 | 4,867,860 | 4,976,730 | 4,981,830 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $7,417,600K ÷ $—K
= —
The receivables turnover ratio for Vulcan Materials Company is not available for any of the specified periods from March 31, 2020, to December 31, 2024. The absence of this information indicates that we cannot assess the efficiency with which the company is collecting its accounts receivable during those periods. Receivables turnover is a crucial financial metric that reflects how many times a company collects its average accounts receivable balance during a specific period.
A higher receivables turnover ratio generally suggests that a company efficiently collects payments from its customers, while a lower ratio may indicate issues with collections or an overly lenient credit policy. Without the receivables turnover data for Vulcan Materials Company, it is challenging to evaluate the effectiveness of its accounts receivable management and the impact on its overall liquidity and cash flow.
In practice, investors and analysts would typically look for trends in receivables turnover over time to understand the company's ability to convert credit sales into cash. It would be valuable for the company to disclose this information in future financial reporting to provide stakeholders with a more comprehensive view of its financial performance and efficiency in managing receivables.
Peer comparison
Dec 31, 2024