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Distribuidora De Gas Cuyana (BUE:DGCU2) Receivables Turnover : 4.66 (As of Dec. 2023)


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What is Distribuidora De Gas Cuyana 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. Distribuidora De Gas Cuyana's Revenue for the three months ended in Dec. 2023 was ARS29,711 Mil. Distribuidora De Gas Cuyana's average Accounts Receivable for the three months ended in Dec. 2023 was ARS6,381 Mil. Hence, Distribuidora De Gas Cuyana's Receivables Turnover for the three months ended in Dec. 2023 was 4.66.


Distribuidora De Gas Cuyana Receivables Turnover Historical Data

The historical data trend for Distribuidora De Gas Cuyana'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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Distribuidora De Gas Cuyana Receivables Turnover Chart

Distribuidora De Gas Cuyana Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 5.11 9.60 17.12 12.61

Distribuidora De Gas Cuyana Quarterly Data
Mar19 Jun19 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 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 6.47 0.94 2.35 1.96 4.66

Competitive Comparison of Distribuidora De Gas Cuyana's Receivables Turnover

For the Utilities - Regulated Gas subindustry, Distribuidora De Gas Cuyana'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.


Distribuidora De Gas Cuyana's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Distribuidora De Gas Cuyana's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Distribuidora De Gas Cuyana's Receivables Turnover falls into.



Distribuidora De Gas Cuyana Receivables Turnover Calculation

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

Distribuidora De Gas Cuyana'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 )
=67468.328 / ((6900.446 + 3802.053) / 2 )
=67468.328 / 5351.2495
=12.61

Distribuidora De Gas Cuyana'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 )
=29710.621 / ((8959.636 + 3802.053) / 2 )
=29710.621 / 6380.8445
=4.66

* 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.


Distribuidora De Gas Cuyana  (BUE:DGCU2) 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.


Distribuidora De Gas Cuyana Receivables Turnover Related Terms

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Distribuidora De Gas Cuyana (BUE:DGCU2) Business Description

Traded in Other Exchanges
N/A
Address
5 Piso, Dpto: frente, Suipacha 10, Buenos Aires, ARG
Distribuidora De Gas Cuyana SA is a distributor of natural gas either directly or through third-party entities. Its customer base includes residential clients, industrial and commercial businesses and CNG stations.

Distribuidora De Gas Cuyana (BUE:DGCU2) Headlines

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