Mongolia Energy (Mongolia Energy) Receivables Turnover : 6.03 (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Mongolia Energy 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. Mongolia Energy's Revenue for the six months ended in Sep. 2023 was $198.9 Mil. Mongolia Energy's average Accounts Receivable for the six months ended in Sep. 2023 was $33.0 Mil. Hence, Mongolia Energy's Receivables Turnover for the six months ended in Sep. 2023 was 6.03.

Mongolia Energy Receivables Turnover Historical Data

The historical data trend for Mongolia Energy'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.

Mongolia Energy Receivables Turnover Chart

Mongolia Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Receivables Turnover

Get a 7-Day Free Trial

13.73

8.83

5.73

6.99

10.58

Mongolia Energy Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															10.15	3.03	6.92	5.00	6.03

Competitive Comparison of Mongolia Energy's Receivables Turnover

For the Coking Coal subindustry, Mongolia Energy'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.

Mongolia Energy's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mongolia Energy's Receivables Turnover distribution charts can be found below:

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

Mongolia Energy Receivables Turnover Calculation

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

Mongolia Energy's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Receivables Turnover (A: Mar. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Mar. 2023 )	/ (	(Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )
=	370.164	/ (	(42.852	+	27.124)	/	2 )
=	370.164	/	34.988
=	10.58

Mongolia Energy's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Mar. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	198.922	/ (	(27.124	+	38.844)	/	2 )
=	198.922	/	32.984
=	6.03

Mongolia Energy (OTCPK:MOAEY) 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.

Mongolia Energy Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Mongolia Energy's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Mongolia Energy (Mongolia Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mongolia Energy Corp Ltd (OTCPK:MOAEY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MOAEF:USA 00276:Hong Kong NWW:Germany

Address

118 Connaught Road West, 17th Floor, Hong Kong, HKG

Website

http://www.mongolia-energy.com

Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.

Mongolia Energy (Mongolia Energy) Headlines

No Headlines