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Cross Border Resources (Cross Border Resources) Receivables Turnover : 0.93 (As of Mar. 2015)


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What is Cross Border 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. Cross Border Resources's Revenue for the three months ended in Mar. 2015 was $1.45 Mil. Cross Border Resources's average Accounts Receivable for the three months ended in Mar. 2015 was $1.56 Mil. Hence, Cross Border Resources's Receivables Turnover for the three months ended in Mar. 2015 was 0.93.


Cross Border Resources Receivables Turnover Historical Data

The historical data trend for Cross Border 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.

Cross Border Resources Receivables Turnover Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 9.88 10.42 6.75 4.97 6.71

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 1.72 1.83 1.60 1.37 0.93

Competitive Comparison of Cross Border Resources's Receivables Turnover

For the Oil & Gas E&P subindustry, Cross Border 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.


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

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

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



Cross Border Resources Receivables Turnover Calculation

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

Cross Border Resources's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=12.352 / ((2.086 + 1.595) / 2 )
=12.352 / 1.8405
=6.71

Cross Border Resources's Receivables Turnover for the quarter that ended in Mar. 2015 is calculated as

Receivables Turnover (Q: Mar. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2015 ) / ((Accounts Receivable (Q: Dec. 2014 ) + Accounts Receivable (Q: Mar. 2015 )) / count )
=1.453 / ((1.595 + 1.524) / 2 )
=1.453 / 1.5595
=0.93

* 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.


Cross Border Resources  (OTCPK:XBOR) 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.


Cross Border Resources Receivables Turnover Related Terms

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Cross Border Resources (Cross Border Resources) Business Description

Traded in Other Exchanges
N/A
Address
2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.
Executives
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii other: Former Chief Executive Officer P. O. BOX 5375, MIDLAND TX 79704

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