Rex International Holding (STU:RXI) Receivables Turnover : 1.08 (As of Dec. 2023)

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What is Rex International Holding 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. Rex International Holding's Revenue for the six months ended in Dec. 2023 was €91.8 Mil. Rex International Holding's average Accounts Receivable for the six months ended in Dec. 2023 was €85.3 Mil. Hence, Rex International Holding's Receivables Turnover for the six months ended in Dec. 2023 was 1.08.

Rex International Holding Receivables Turnover Historical Data

The historical data trend for Rex International Holding'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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Rex International Holding Receivables Turnover Chart

Rex International Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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0.91

2.50

2.45

1.92

2.70

Rex International Holding 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															0.97	1.24	0.89	1.00	1.08

Competitive Comparison of Rex International Holding's Receivables Turnover

For the Oil & Gas E&P subindustry, Rex International Holding'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.

Rex International Holding's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Rex International Holding's Receivables Turnover falls into.

Rex International Holding Receivables Turnover Calculation

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

Rex International Holding'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 )
=	189.833	/ (	(83.131	+	57.232)	/	2 )
=	189.833	/	70.1815
=	2.70

Rex International Holding'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 )
=	91.791	/ (	(113.365	+	57.232)	/	2 )
=	91.791	/	85.2985
=	1.08

Rex International Holding (STU:RXI) 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.

Rex International Holding Receivables Turnover Related Terms

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Rex International Holding (STU:RXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rex International Holding Ltd (STU:RXI) » Definitions » Receivables Turnover

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Traded in Other Exchanges

REXHF:USA 5WH:Singapore

Address

1 George Street No. 14-01, Singapore, SGP, 049145

Website

https://www.rexih.com

Rex International Holding Ltd is a Singapore-based oil exploration and production company. It operates through three business segments namely Oil and Gas, Non-Oil and Gas, and Corporate. The Oil and Gas segment is involved in oil and gas exploration and production with concessions located in Oman, and Norway. The Non-Oil and Gas segment relates to technology for commercial oil well stimulation. The Corporate segment covers the administration functions of the company. The majority of the company's revenue comes from the Oil and Gas segment.