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New Zealand Oil & Gas (ASX:NZO) Receivables Turnover : 0.00 (As of Dec. 2023)


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What is New Zealand Oil & Gas 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. New Zealand Oil & Gas's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. New Zealand Oil & Gas's average Accounts Receivable for the six months ended in Dec. 2023 was A$13.99 Mil.


New Zealand Oil & Gas Receivables Turnover Historical Data

The historical data trend for New Zealand Oil & Gas'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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New Zealand Oil & Gas Receivables Turnover Chart

New Zealand Oil & Gas Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.77 6.94 9.74 17.24 14.61

New Zealand Oil & Gas Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.35 5.36 3.74 4.02 -

Competitive Comparison of New Zealand Oil & Gas's Receivables Turnover

For the Oil & Gas E&P subindustry, New Zealand Oil & Gas'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.


New Zealand Oil & Gas's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where New Zealand Oil & Gas's Receivables Turnover falls into.



New Zealand Oil & Gas Receivables Turnover Calculation

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

New Zealand Oil & Gas's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=90.299 / ((5.781 + 6.578) / 2 )
=90.299 / 6.1795
=14.61

New Zealand Oil & Gas'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: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=0 / ((6.578 + 21.41) / 2 )
=0 / 13.994
=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.


New Zealand Oil & Gas  (ASX:NZO) 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.


New Zealand Oil & Gas Receivables Turnover Related Terms

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New Zealand Oil & Gas (ASX:NZO) Business Description

Traded in Other Exchanges
Address
36 Tennyson Street, Level 1, Wellington, NZL, 6011
New Zealand Oil & Gas Ltd is an oil and gas exploration and production company with producing assets in New Zealand. It operates through Kupe Oil and Gas Field, Oil and Gas Exploration, and Cue Energy Resources Limited segments. The company generates maximum revenue from Cue Energy Resources Limited. It has a presence in Indonesia and Australia.

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