GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Niko Resources Ltd (OTCPK:NKRSF) » Definitions » Receivables Turnover

Niko Resources (Niko Resources) Receivables Turnover : 0.00 (As of Dec. 2018)


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

What is Niko 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. Niko Resources's Revenue for the three months ended in Dec. 2018 was $0.00 Mil. Niko Resources's average Accounts Receivable for the three months ended in Dec. 2018 was $1.37 Mil.


Niko Resources Receivables Turnover Historical Data

The historical data trend for Niko 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.

Niko Resources Receivables Turnover Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.45 9.68 9.79 8.00 15.63

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 4.57 4.88 1.42 1.25 -

Competitive Comparison of Niko Resources's Receivables Turnover

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


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

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

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



Niko Resources Receivables Turnover Calculation

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

Niko Resources's Receivables Turnover for the fiscal year that ended in Mar. 2018 is calculated as

Receivables Turnover (A: Mar. 2018 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2018 ) / ((Accounts Receivable (A: Mar. 2017 ) + Accounts Receivable (A: Mar. 2018 )) / count )
=22.931 / ((2.118 + 0.816) / 2 )
=22.931 / 1.467
=15.63

Niko Resources's Receivables Turnover for the quarter that ended in Dec. 2018 is calculated as

Receivables Turnover (Q: Dec. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2018 ) / ((Accounts Receivable (Q: Sep. 2018 ) + Accounts Receivable (Q: Dec. 2018 )) / count )
=0 / ((2.586 + 0.147) / 2 )
=0 / 1.3665
=N/A

* 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.


Niko Resources  (OTCPK:NKRSF) 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.


Niko Resources Receivables Turnover Related Terms

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


Niko Resources (Niko Resources) Business Description

Traded in Other Exchanges
N/A
Address
205 - 5th Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 2V7
Niko Resources Ltd is an oil and natural gas exploration and production company.

Niko Resources (Niko Resources) Headlines

From GuruFocus

Niko Reports Results for the Quarter Ended December 31, 2018

By GlobeNewswire GlobeNewswire 02-13-2019

Niko Reports Results for the Quarter Ended September 30, 2018

By GlobeNewswire GlobeNewswire 11-13-2018