Werner Enterprises Inc (WERN)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 3,030,260 | 3,283,500 | 3,289,980 | 2,734,370 | 2,372,180 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $3,030,260K ÷ $—K
= —
Based on the provided data, Werner Enterprises Inc's receivables turnover ratio is not available for the years provided (2020 to 2024). This ratio typically measures how efficiently a company is able to collect on its credit sales within a certain time period. Without the specific turnover figures for the receivables, it is challenging to assess the company's effectiveness in managing its accounts receivable and collecting outstanding payments from customers.
The inability to calculate the receivables turnover ratio could be due to various reasons such as incomplete financial information, changes in accounting methods, or potentially slow collection processes. It is crucial for investors and stakeholders to have access to this ratio to better understand the company's liquidity position and its ability to convert sales into cash.
In conclusion, without the specific receivables turnover figures, a detailed analysis of Werner Enterprises Inc's efficiency in managing its accounts receivable and cash flow from credit sales cannot be provided for the years 2020 to 2024.
Peer comparison
Dec 31, 2024