US Silica Holdings (FRA:USI) Receivables Turnover : 1.75 (As of Mar. 2024)

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What is US Silica Holdings 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. US Silica Holdings's Revenue for the three months ended in Mar. 2024 was €300 Mil. US Silica Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €172 Mil. Hence, US Silica Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 1.75.

US Silica Holdings Receivables Turnover Historical Data

The historical data trend for US Silica Holdings'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.

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US Silica Holdings Receivables Turnover Chart

US Silica Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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8.27

4.84

6.68

8.23

7.86

US Silica Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															2.07	1.95	1.98	1.81	1.75

Competitive Comparison of US Silica Holdings's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, US Silica Holdings'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.

US Silica Holdings's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where US Silica Holdings's Receivables Turnover falls into.

US Silica Holdings Receivables Turnover Calculation

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

US Silica Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1423.204	/ (	(192.568	+	169.522)	/	2 )
=	1423.204	/	181.045
=	7.86

US Silica Holdings's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	299.867	/ (	(169.522	+	173.58)	/	2 )
=	299.867	/	171.551
=	1.75

US Silica Holdings (FRA:USI) 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.

US Silica Holdings Receivables Turnover Related Terms

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US Silica Holdings (FRA:USI) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » US Silica Holdings Inc (FRA:USI) » Definitions » Receivables Turnover

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SLCA:USA

Address

24275 Katy Freeway, Suite 600, Katy, TX, USA, 77494

Website

https://www.ussilica.com

US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.

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