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Sidi Kerir Petrochemicals (CAI:SKPC) Receivables Turnover : 16.76 (As of Dec. 2024)


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What is Sidi Kerir Petrochemicals 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. Sidi Kerir Petrochemicals's Revenue for the three months ended in Dec. 2024 was E£4,134 Mil. Sidi Kerir Petrochemicals's average Accounts Receivable for the three months ended in Dec. 2024 was E£247 Mil. Hence, Sidi Kerir Petrochemicals's Receivables Turnover for the three months ended in Dec. 2024 was 16.76.


Sidi Kerir Petrochemicals Receivables Turnover Historical Data

The historical data trend for Sidi Kerir Petrochemicals'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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Sidi Kerir Petrochemicals Receivables Turnover Chart

Sidi Kerir Petrochemicals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.11 15.33 52.22

Sidi Kerir Petrochemicals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 10.30 11.37 9.46 10.62 16.76

Competitive Comparison of Sidi Kerir Petrochemicals's Receivables Turnover

For the Specialty Chemicals subindustry, Sidi Kerir Petrochemicals'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.


Sidi Kerir Petrochemicals's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sidi Kerir Petrochemicals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Sidi Kerir Petrochemicals's Receivables Turnover falls into.


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Sidi Kerir Petrochemicals Receivables Turnover Calculation

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

Sidi Kerir Petrochemicals's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=14152.609 / ((304.633 + 237.421) / 2 )
=14152.609 / 271.027
=52.22

Sidi Kerir Petrochemicals's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=4134.252 / ((256.072 + 237.421) / 2 )
=4134.252 / 246.7465
=16.76

* 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.


Sidi Kerir Petrochemicals  (CAI:SKPC) 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.


Sidi Kerir Petrochemicals Receivables Turnover Related Terms

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Sidi Kerir Petrochemicals Business Description

Traded in Other Exchanges
N/A
Address
KM 36 Alexandria/Cairo Desert Road El-Amerya, El-Nahda Territory, Industrial Zone, Alexandria, EGY
Sidi Kerir Petrochemicals is an Egyptian joint stock company engaged in the production and distribution of petrochemical products. Its products are Film Grades, Blow Moulding Grades, Injection Moulding Grades, Roto Moulding Grades, International Standards, Butene-1 and Ethylene. Its portfolio includes linear low-density polyethylene and high-density polyethylene.

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