What is CrossAmerica Partners LP 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. CrossAmerica Partners LP's Revenue for the
three
months ended in Sep. 2024 was $1,079 Mil. CrossAmerica Partners LP's average Accounts Receivable for the
three
months ended in Sep. 2024 was $35 Mil.
Hence, CrossAmerica Partners LP's Receivables Turnover for the
three
months ended in Sep. 2024 was 30.45.
CrossAmerica Partners LP Receivables Turnover Historical Data
The historical data trend for CrossAmerica Partners LP'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.
Competitive Comparison of CrossAmerica Partners LP's Receivables Turnover
For the Oil & Gas Refining & Marketing subindustry, CrossAmerica Partners LP'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.
CrossAmerica Partners LP's Receivables Turnover Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CrossAmerica Partners LP's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CrossAmerica Partners LP's Receivables Turnover falls into.
* 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.
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.
CrossAmerica Partners LP Receivables Turnover Related Terms
Thank you for viewing the detailed overview of CrossAmerica Partners LP's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
CrossAmerica Partners LP is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments namely Wholesale and Retail. The Wholesale segment is a key revenue driver, includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K and through company operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CAPL has been successfully added to your 