Cactus Inc (WHD)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,129,810 | 1,096,960 | 688,369 | 438,589 | 348,566 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $1,129,810K ÷ $—K
= —
Based on the provided data, the receivables turnover for Cactus Inc for the years ending December 31, 2020, 2021, 2022, 2023, and 2024 is not available ("\u2014"). The lack of data on receivables turnover makes it challenging to assess the efficiency of the company in collecting its receivables during these years. Ideally, a higher receivables turnover ratio indicates a shorter time period for the company to collect its outstanding receivables, reflecting better liquidity and efficiency in managing its accounts receivable. However, without specific numerical values for the receivables turnover, we are unable to draw any conclusions regarding this aspect of Cactus Inc's financial performance.
Peer comparison
Dec 31, 2024