Oceanpact Servicos Maritimos (BSP:OPCT3) Receivables Turnover : 1.33 (As of Dec. 2023)

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What is Oceanpact Servicos Maritimos 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. Oceanpact Servicos Maritimos's Revenue for the three months ended in Dec. 2023 was R$463 Mil. Oceanpact Servicos Maritimos's average Accounts Receivable for the three months ended in Dec. 2023 was R$347 Mil. Hence, Oceanpact Servicos Maritimos's Receivables Turnover for the three months ended in Dec. 2023 was 1.33.

Oceanpact Servicos Maritimos Receivables Turnover Historical Data

The historical data trend for Oceanpact Servicos Maritimos'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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Oceanpact Servicos Maritimos Receivables Turnover Chart

Oceanpact Servicos Maritimos Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.30

5.75

5.67

5.23

5.51

Oceanpact Servicos Maritimos Quarterly Data
	Dec17	Dec18	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															1.42	1.32	1.50	1.42	1.33

Competitive Comparison of Oceanpact Servicos Maritimos's Receivables Turnover

For the Specialty Business Services subindustry, Oceanpact Servicos Maritimos'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.

Oceanpact Servicos Maritimos's Receivables Turnover Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Oceanpact Servicos Maritimos's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Oceanpact Servicos Maritimos's Receivables Turnover falls into.

Oceanpact Servicos Maritimos Receivables Turnover Calculation

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

Oceanpact Servicos Maritimos'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 )
=	1648.883	/ (	(257.155	+	341.116)	/	2 )
=	1648.883	/	299.1355
=	5.51

Oceanpact Servicos Maritimos'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 )
=	462.553	/ (	(353.381	+	341.116)	/	2 )
=	462.553	/	347.2485
=	1.33

Oceanpact Servicos Maritimos (BSP:OPCT3) 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.

Oceanpact Servicos Maritimos Receivables Turnover Related Terms

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Oceanpact Servicos Maritimos (BSP:OPCT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Oceanpact Servicos Maritimos SA (BSP:OPCT3) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Rua da Gloria, 122 - 11 Andar, Gloria, Rio de Janeiro, BRA, 20241-180

Website

https://www.oceanpact.com

Oceanpact Servicos Maritimos SA specialized in the management and response to emergency situations occurring in marine and coastal environments. It develops and implements safe, efficient and innovative solutions in the areas of the environment, subsea operations and logistical and engineering support. The company offers services for the study, protection, monitoring and sustainable use of the sea, the coast and marine resources for customers from different sectors of the economy, such as oil and gas, energy, mining, telecommunications, port, navigation, tourism, fishing and aquaculture.

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