Dana Gas PJSC (ADX:DANA) Receivables Turnover : 0.65 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Dana Gas PJSC 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. Dana Gas PJSC's Revenue for the three months ended in Mar. 2024 was د.إ356 Mil. Dana Gas PJSC's average Accounts Receivable for the three months ended in Mar. 2024 was د.إ549 Mil. Hence, Dana Gas PJSC's Receivables Turnover for the three months ended in Mar. 2024 was 0.65.

Dana Gas PJSC Receivables Turnover Historical Data

The historical data trend for Dana Gas PJSC'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.

Dana Gas PJSC Receivables Turnover Chart

Dana Gas PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

1.10

4.01

8.53

6.57

3.45

Dana Gas PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.17	0.79	0.71	0.64	0.65

Competitive Comparison of Dana Gas PJSC's Receivables Turnover

For the Oil & Gas E&P subindustry, Dana Gas PJSC'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.

Dana Gas PJSC's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dana Gas PJSC's Receivables Turnover falls into.

Dana Gas PJSC Receivables Turnover Calculation

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

Dana Gas PJSC'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 )
=	1553.687	/ (	(345.264	+	554.626)	/	2 )
=	1553.687	/	449.945
=	3.45

Dana Gas PJSC's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	356.283	/ (	(554.626	+	543.607)	/	2 )
=	356.283	/	549.1165
=	0.65

Dana Gas PJSC (ADX:DANA) 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.

Dana Gas PJSC Receivables Turnover Related Terms

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

Dana Gas PJSC (ADX:DANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dana Gas PJSC (ADX:DANA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Buhaira Corniche, P.O. Box 2011, Crescent Tower, 11th Floor, Sharjah, ARE

Website

https://www.danagas.com

Dana Gas PJSC is a Middle Eastern natural gas exploration and production company. It operates several assets in Egypt, the Kurdistan Region of Iraq, and the United Arab Emirates. The company's possession of assets includes both onshore and offshore assets. Assets are held through government concessions. Dana Gas operations are divided into several subsidiaries that either engage in exploration and production, gas sweetening, gas transmission, or gas processing. Traditionally, gas and condensate have contributed the largest portion of revenue.

Dana Gas PJSC (ADX:DANA) Headlines

No Headlines