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Dafora (BSE:DAFR) Receivables Turnover : 0.13 (As of Jun. 2023)


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What is Dafora Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Dafora's Revenue for the three months ended in Jun. 2023 was lei3.08 Mil. Dafora's average Accounts Receivable for the three months ended in Jun. 2023 was lei24.64 Mil. Hence, Dafora's Receivables Turnover for the three months ended in Jun. 2023 was 0.13.


Dafora Receivables Turnover Historical Data

The historical data trend for Dafora's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dafora Receivables Turnover Chart

Dafora Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.07 14.61 8.48 28.28 1.97

Dafora Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.11 0.28 0.32 0.13

Competitive Comparison of Dafora's Receivables Turnover

For the Oil & Gas Drilling subindustry, Dafora's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dafora's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dafora's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dafora's Receivables Turnover falls into.



Dafora Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Dafora's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=11.909 / ((1.928 + 10.168) / 2 )
=11.909 / 6.048
=1.97

Dafora's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=3.083 / ((38.316 + 10.954) / 2 )
=3.083 / 24.635
=0.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dafora  (BSE:DAFR) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Dafora Receivables Turnover Related Terms

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Dafora (BSE:DAFR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Str. Regele Ferdinand I, No.15, Medias, ROU, 551002
Dafora Ord provides drilling and construction services. The company's services include onshore drilling services for oil, natural gas and geothermal water, well testing and workover, transport and maintenance for drilling equipment. It provides services in South Africa, Tanzania, Uganda, Mozambique, Sudan, France, Bulgaria, Ukraine, Hungary, and Israel.

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