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The Drilling Company of 1972 A/S (The Drilling Company of 1972 A/S) Receivables Turnover : 0.00 (As of Jun. 2022)


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What is The Drilling Company of 1972 A/S 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. The Drilling Company of 1972 A/S's Revenue for the three months ended in Jun. 2022 was $0.0 Mil. The Drilling Company of 1972 A/S's average Accounts Receivable for the three months ended in Jun. 2022 was $226.0 Mil.


The Drilling Company of 1972 A/S Receivables Turnover Historical Data

The historical data trend for The Drilling Company of 1972 A/S'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.

The Drilling Company of 1972 A/S Receivables Turnover Chart

The Drilling Company of 1972 A/S Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial 4.92 4.49 4.05 4.62 5.66

The Drilling Company of 1972 A/S Quarterly Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Jun22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 - 1.28 1.29 -

Competitive Comparison of The Drilling Company of 1972 A/S's Receivables Turnover

For the Oil & Gas Drilling subindustry, The Drilling Company of 1972 A/S'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.


The Drilling Company of 1972 A/S's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, The Drilling Company of 1972 A/S's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Drilling Company of 1972 A/S's Receivables Turnover falls into.



The Drilling Company of 1972 A/S Receivables Turnover Calculation

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

The Drilling Company of 1972 A/S's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=1267 / ((210 + 238) / 2 )
=1267 / 224
=5.66

The Drilling Company of 1972 A/S's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=0 / ((238 + 214) / 2 )
=0 / 226
=N/A

* 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.


The Drilling Company of 1972 A/S  (GREY:DDRLF) 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.


The Drilling Company of 1972 A/S Receivables Turnover Related Terms

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The Drilling Company of 1972 A/S (The Drilling Company of 1972 A/S) Business Description

Traded in Other Exchanges
N/A
Address
Lyngby Hovedgade 85, Kgs. Lyngby, Copenhagen, DNK, DK-2800
The Drilling Company of 1972 A/S is an offshore drilling services company. The firm's operating segments include the North Sea Jack-up rigs segment and the International Floaters segment. It generates a majority of its revenue from the North Sea segment. Geographically, the firm has operational footprints in the Americas, Africa, Asia, the North Sea, and the Rest of the world.

The Drilling Company of 1972 A/S (The Drilling Company of 1972 A/S) Headlines

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