Australian Oil Co (FRA:21K0) Receivables Turnover : 0.25 (As of Dec. 2024)

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What is Australian Oil Co 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. Australian Oil Co's Revenue for the six months ended in Dec. 2024 was €0.14 Mil. Australian Oil Co's average Accounts Receivable for the six months ended in Dec. 2024 was €0.57 Mil. Hence, Australian Oil Co's Receivables Turnover for the six months ended in Dec. 2024 was 0.25.

Australian Oil Co Receivables Turnover Historical Data

The historical data trend for Australian Oil Co'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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Australian Oil Co Receivables Turnover Chart

Australian Oil Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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1.76

44.43

21.85

11.70

3.32

Australian Oil Co Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															7.97	1.57	1.99	0.32	0.25

Competitive Comparison of Australian Oil Co's Receivables Turnover

For the Oil & Gas E&P subindustry, Australian Oil Co'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.

Australian Oil Co's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Australian Oil Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Australian Oil Co's Receivables Turnover falls into.

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Australian Oil Co Receivables Turnover Calculation

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

Australian Oil Co'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 )
=	0.319	/ (	(0.09	+	0.102)	/	2 )
=	0.319	/	0.096
=	3.32

Australian Oil Co'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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	0.142	/ (	(1.039	+	0.102)	/	2 )
=	0.142	/	0.5705
=	0.25

Australian Oil Co (FRA:21K0) 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.

Australian Oil Co Receivables Turnover Related Terms

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Australian Oil Co Business Description

Industry

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AOK:Australia

Address

31 Cliff Street, Level 1, Subiaco, WA, AUS, 6160

Website

https://www.australisoil.com

Australian Oil Co Ltd is an Australia-based energy company focused on under-explored, recently over-looked, oil and gas opportunities near under-supplied markets. The Company is focused on conventional oil and gas exploration and production in the Sacramento Basin in California. The Company operates through two segments: oil and gas exploration and appraisal, and oil production. It has a portfolio of natural gas and oil producing wells in addition to prospects and discoveries at various exploration and appraisal stages. The Company is also engaged in the process of evaluating the acquisition of oil and gas producing and exploration assets.

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