Bristow Group Inc (VTOL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,415,490 | 1,297,430 | 1,230,090 | 1,185,200 | 1,185,200 |
| Receivables | US$ in thousands | — | — | — | 1,800 | — |
| Receivables turnover | — | — | — | 658.44 | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,415,490K ÷ $—K
= —
The receivables turnover ratio for Bristow Group Inc shows a significant increase from 658.44 on March 31, 2022, compared to the absence of data in previous and subsequent periods (December 31, 2021, December 31, 2022, December 31, 2023, and December 31, 2024). This ratio indicates that Bristow Group efficiently collected cash from its accounts receivable during the period ending March 31, 2022, reflecting a potentially strong credit and collection process. However, the lack of data for other periods prevents a comprehensive trend analysis. Nonetheless, the positive receivables turnover ratio implies that Bristow Group managed its receivables effectively during the mentioned period.