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Interra Resources (SGX:5GI) Receivables Turnover : 3.09 (As of Dec. 2023)


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What is Interra Resources 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. Interra Resources's Revenue for the six months ended in Dec. 2023 was S$12.65 Mil. Interra Resources's average Accounts Receivable for the six months ended in Dec. 2023 was S$4.10 Mil. Hence, Interra Resources's Receivables Turnover for the six months ended in Dec. 2023 was 3.09.


Interra Resources Receivables Turnover Historical Data

The historical data trend for Interra Resources'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.

Interra Resources Receivables Turnover Chart

Interra Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 4.70 3.79 5.66 5.47

Interra Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.14 2.57 2.31 2.33 3.09

Competitive Comparison of Interra Resources's Receivables Turnover

For the Oil & Gas E&P subindustry, Interra Resources'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.


Interra Resources's Receivables Turnover Distribution in the Oil & Gas Industry

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

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



Interra Resources Receivables Turnover Calculation

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

Interra Resources'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 )
=25.479 / ((6.132 + 3.184) / 2 )
=25.479 / 4.658
=5.47

Interra Resources'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 )
=12.65 / ((5.007 + 3.184) / 2 )
=12.65 / 4.0955
=3.09

* 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.


Interra Resources  (SGX:5GI) 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.


Interra Resources Receivables Turnover Related Terms

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Interra Resources (SGX:5GI) Business Description

Traded in Other Exchanges
N/A
Address
1 Grange Road, No. 05-04 Orchard Building, Singapore, SGP, 239693
Interra Resources Ltd is engaged in the business of petroleum exploration and production. Its activities include petroleum production, field development, and exploration. Its segment includes exploration and operation of oil fields for crude petroleum production and others. The company operates in two geographical areas, namely Indonesia and Myanmar out of which Myanmar drives the majority of revenue.

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