Transportadora de Gas del Sur (Transportadora de Gas del Sur) Receivables Turnover : 5.23 (As of Dec. 2023)

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What is Transportadora de Gas del Sur 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. Transportadora de Gas del Sur's Revenue for the three months ended in Dec. 2023 was $611 Mil. Transportadora de Gas del Sur's average Accounts Receivable for the three months ended in Dec. 2023 was $117 Mil. Hence, Transportadora de Gas del Sur's Receivables Turnover for the three months ended in Dec. 2023 was 5.23.

Transportadora de Gas del Sur Receivables Turnover Historical Data

The historical data trend for Transportadora de Gas del Sur'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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Transportadora de Gas del Sur Receivables Turnover Chart

Transportadora de Gas del Sur Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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12.11

15.35

32.70

11.38

5.41

Transportadora de Gas del Sur 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															7.34	1.16	2.47	2.15	5.23

Competitive Comparison of Transportadora de Gas del Sur's Receivables Turnover

For the Oil & Gas Integrated subindustry, Transportadora de Gas del Sur'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.

Transportadora de Gas del Sur's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transportadora de Gas del Sur's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Transportadora de Gas del Sur's Receivables Turnover falls into.

Transportadora de Gas del Sur Receivables Turnover Calculation

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

Transportadora de Gas del Sur'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 )
=	1230.715	/ (	(314.645	+	140.724)	/	2 )
=	1230.715	/	227.6845
=	5.41

Transportadora de Gas del Sur'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 )
=	610.543	/ (	(92.743	+	140.724)	/	2 )
=	610.543	/	116.7335
=	5.23

Transportadora de Gas del Sur (NYSE:TGS) 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.

Transportadora de Gas del Sur Receivables Turnover Related Terms

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Transportadora de Gas del Sur (Transportadora de Gas del Sur) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Sur SA (NYSE:TGS) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TGS:Mexico T2K1:Germany TGSU2:Argentina

Address

Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF

Website

https://www.tgs.com.ar

Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.