Kistos Holdings (LSE:KIST) Receivables Turnover : 13.75 (As of Dec. 2023)

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What is Kistos 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. Kistos Holdings's Revenue for the six months ended in Dec. 2023 was £87.7 Mil. Kistos Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was £6.4 Mil. Hence, Kistos Holdings's Receivables Turnover for the six months ended in Dec. 2023 was 13.75.

Kistos Holdings Receivables Turnover Historical Data

The historical data trend for Kistos 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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Kistos Holdings Receivables Turnover Chart

Kistos Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Receivables Turnover

24.98

Kistos Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	-	-	16.05	13.75

Competitive Comparison of Kistos Holdings's Receivables Turnover

For the Oil & Gas E&P subindustry, Kistos 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.

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

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

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

Kistos Holdings Receivables Turnover Calculation

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

Kistos 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 )
=	178.329	/ (	(0	+	7.139)	/	1 )
=	178.329	/	7.139
=	24.98

Kistos Holdings's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	87.743	/ (	(5.623	+	7.139)	/	2 )
=	87.743	/	6.381
=	13.75

Kistos Holdings (LSE:KIST) 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.

Kistos Holdings Receivables Turnover Related Terms

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Kistos Holdings (LSE:KIST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kistos Holdings PLC (LSE:KIST) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KSTOF:USA LU0:Germany

Address

3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU

Website

https://www.kistosplc.com

Kistos Holdings PLC is a closed-ended investment company. The objective of the company is to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its segment includes Netherlands and UK. The company generates maximum revenue from the Netherlands segment. ? Netherlands segment comprising the production and sale of gas and other hydrocarbons from the Q10-A field, and the costs associated with exploration, appraisal and development of other Dutch licences.

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