GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Organizacion Terpel SA (BOG:TERPEL) » Definitions » Receivables Turnover

Organizacion Terpel (BOG:TERPEL) Receivables Turnover : 5.98 (As of Mar. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Organizacion Terpel 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. Organizacion Terpel's Revenue for the three months ended in Mar. 2023 was COP9,148,909 Mil. Organizacion Terpel's average Accounts Receivable for the three months ended in Mar. 2023 was COP1,529,479 Mil. Hence, Organizacion Terpel's Receivables Turnover for the three months ended in Mar. 2023 was 5.98.


Organizacion Terpel Receivables Turnover Historical Data

The historical data trend for Organizacion Terpel'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.

Organizacion Terpel Receivables Turnover Chart

Organizacion Terpel Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.64 27.44 21.07 26.31 27.14

Organizacion Terpel Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 6.51 6.49 6.40 6.28 5.98

Competitive Comparison of Organizacion Terpel's Receivables Turnover

For the Oil & Gas Refining & Marketing subindustry, Organizacion Terpel'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.


Organizacion Terpel's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Organizacion Terpel's Receivables Turnover falls into.



Organizacion Terpel Receivables Turnover Calculation

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

Organizacion Terpel's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=35455548.572 / ((1064571.638 + 1548255.623) / 2 )
=35455548.572 / 1306413.6305
=27.14

Organizacion Terpel's Receivables Turnover for the quarter that ended in Mar. 2023 is calculated as

Receivables Turnover (Q: Mar. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Mar. 2023 )) / count )
=9148909.146 / ((1548255.623 + 1510703.125) / 2 )
=9148909.146 / 1529479.374
=5.98

* 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.


Organizacion Terpel  (BOG:TERPEL) 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.


Organizacion Terpel Receivables Turnover Related Terms

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


Organizacion Terpel (BOG:TERPEL) Business Description

Traded in Other Exchanges
N/A
Address
Carrera 7 No. 75-51, Bogota, COL
Organizacion Terpel SA is engaged in the business of dealing with lubricant oils, operating service stations and provide car wash services. The company also services the marine fuel market of cargo ships, dredgers, tugboats, offshore equipment's and barges that reach Colombian ports. Also, the company serves the aviation market with various types of fuels required. Geographically, the company operates in Colombia, Panama, and Other countries out of which Colombia generates maximum revenue.

Organizacion Terpel (BOG:TERPEL) Headlines

No Headlines