Essential Utilities Inc (WTRG)
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 | 2,086,113 | 1,961,149 | 1,937,149 | 1,939,443 | 2,053,824 | 2,279,788 | 2,303,151 | 2,315,207 | 2,288,032 | 2,118,336 | 2,045,578 | 1,993,854 | 1,878,144 | 1,816,455 | 1,803,242 | 1,790,678 | 1,462,698 | 1,214,742 | 1,109,721 | 944,145 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,086,113K ÷ $—K
= —
The receivables turnover ratio is a financial metric used to measure how effectively a company is managing its accounts receivable. It is calculated by dividing net credit sales by the average accounts receivable balance during a specific period. However, in the case of Essential Utilities Inc, the data provided shows that receivables turnover ratios are not available for any of the mentioned dates from March 31, 2020, to December 31, 2024.
Without specific values for net credit sales or accounts receivable, it is impossible to calculate the receivables turnover ratio to analyze the company's performance in collecting outstanding receivables. This missing information hinders a comprehensive assessment of Essential Utilities Inc's efficiency in managing its accounts receivable over time.
Furthermore, the absence of receivables turnover data for an extended period could indicate a lack of transparency in the financial reporting or possibly challenges in accurately tracking and managing accounts receivable within the company. As a financial analyst, it would be essential to work with the company to obtain the necessary data to calculate and analyze the receivables turnover ratio effectively, providing valuable insights into the company's cash flow management and collection practices.
Peer comparison
Dec 31, 2024