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Lion Energy (ASX:LIO) Receivables Turnover : 0.35 (As of Jun. 2024)


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What is Lion Energy 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. Lion Energy's Revenue for the six months ended in Jun. 2024 was A$0.30 Mil. Lion Energy's average Accounts Receivable for the six months ended in Jun. 2024 was A$0.86 Mil. Hence, Lion Energy's Receivables Turnover for the six months ended in Jun. 2024 was 0.35.


Lion Energy Receivables Turnover Historical Data

The historical data trend for Lion Energy'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.

Lion Energy Receivables Turnover Chart

Lion Energy Annual Data
Trend Jun13 Jun14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 5.60 2.60 2.77 1.77

Lion Energy Semi-Annual Data
Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 1.21 0.69 0.36 0.45 0.35

Competitive Comparison of Lion Energy's Receivables Turnover

For the Oil & Gas E&P subindustry, Lion Energy'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.


Lion Energy's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Lion Energy's Receivables Turnover falls into.



Lion Energy Receivables Turnover Calculation

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

Lion Energy'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 )
=0.911 / ((0.526 + 0.502) / 2 )
=0.911 / 0.514
=1.77

Lion Energy's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=0.298 / ((0.502 + 1.215) / 2 )
=0.298 / 0.8585
=0.35

* 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.


Lion Energy  (ASX:LIO) 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.


Lion Energy Receivables Turnover Related Terms

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Lion Energy Business Description

Traded in Other Exchanges
N/A
Address
295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008
Lion Energy Ltd is engaged in oil and gas exploration, development and production, and investment in the oil & gas industry and progressing its green hydrogen. It operates in single-segment oil and gas exploration, development, and production. It has two reporting segments Oil & Gas and Green Hydrogen. It generates the majority of its revenue from Oil & Gas.

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