Star Group LP (Star Group LP) Receivables Turnover : 3.51 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Star Group LP 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. Star Group LP's Revenue for the three months ended in Dec. 2023 was $528 Mil. Star Group LP's average Accounts Receivable for the three months ended in Dec. 2023 was $151 Mil. Hence, Star Group LP's Receivables Turnover for the three months ended in Dec. 2023 was 3.51.

Star Group LP Receivables Turnover Historical Data

The historical data trend for Star Group LP'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.

Star Group LP Receivables Turnover Chart

Star Group LP Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Receivables Turnover

Get a 7-Day Free Trial

13.87

14.40

16.34

16.87

15.48

Star Group LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															3.31	2.88	1.51	2.11	3.51

Competitive Comparison of Star Group LP's Receivables Turnover

For the Oil & Gas Refining & Marketing subindustry, Star Group LP'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.

Star Group LP's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Star Group LP's Receivables Turnover falls into.

Star Group LP Receivables Turnover Calculation

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

Star Group LP's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

	Receivables Turnover (A: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Sep. 2023 )	/ (	(Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )
=	1952.862	/ (	(138.252	+	114.079)	/	2 )
=	1952.862	/	126.1655
=	15.48

Star Group LP'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: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	528.096	/ (	(114.079	+	187.122)	/	2 )
=	528.096	/	150.6005
=	3.51

Star Group LP (NYSE:SGU) 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.

Star Group LP Receivables Turnover Related Terms

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

Star Group LP (Star Group LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Star Group LP (NYSE:SGU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 West Broad Street, Suite 310, Stamford, CT, USA, 06902

Website

http://www.stargrouplp.com

Star Group LP is a company engaged in providing home heating products and services to residential and commercial customers. It offers heating and air conditioning equipment, as well as home security and plumbing services. The company also sells diesel fuel, gasoline, and home heating oil. Geographically, the company operates in U.S.

Executives

Bandera Partners Llc	10 percent owner	50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
Jeffrey M Woosnam	director, officer: CEO and President	9 W. BROAD ST., STE. 310, STAMFORD CT 06902
Richard Ambury	officer: CFO	9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902
Daniel P. Donovan	director	C/O STAR GAS PARTNERS, L.P., 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902
Vermylen Paul A Jr	director	C/O STAR GAS PARTNERS, L.P., 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902
Joseph R Mcdonald	officer: Chief Customer Officer	9 W. BROAD ST., STE. 310, STAMFORD CT 06902
Jeffrey S Hammond	officer: Chief Operating Officer	9 W BROAD ST STE 310, STAMFORD CT 06902
Henry D Babcock	director	9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902
Steven Jay Goldman	director, officer: President and CEO	C/O STAR GAS PARTNERS, L.P., 9 WEST BROAD STREET, SUITE 310, STAMFORD CT 06902
David Michael Bauer	director	833 E. MICHIGAN ST, SUITE 1500, MILWAUKEE WI 53202
Yorktown Vi Associates Llc	10 percent owner	410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Kestrel Energy Partners Llc	10 percent owner	2 COUNT RUMFORD LANE, HUNTINGTON NY 11743
Sheldon B Lubar	director	C/O C2 INC, 700 NORTH WATER ST SUITE 1200, MILWAUKEE WI 53202
Yorktown Energy Partners Vi Lp	10 percent owner	410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Bryan H Lawrence	director	C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201