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TerraCom (FRA:2GF) Receivables Turnover : 4.72 (As of Jun. 2024)


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What is TerraCom 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. TerraCom's Revenue for the six months ended in Jun. 2024 was €72.7 Mil. TerraCom's average Accounts Receivable for the six months ended in Jun. 2024 was €15.4 Mil. Hence, TerraCom's Receivables Turnover for the six months ended in Jun. 2024 was 4.72.


TerraCom Receivables Turnover Historical Data

The historical data trend for TerraCom'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.

TerraCom Receivables Turnover Chart

TerraCom Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.78 11.12 12.81 17.61 19.97

TerraCom Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 7.95 9.26 11.88 6.64 4.72

Competitive Comparison of TerraCom's Receivables Turnover

For the Thermal Coal subindustry, TerraCom'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.


TerraCom's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, TerraCom's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TerraCom's Receivables Turnover falls into.



TerraCom Receivables Turnover Calculation

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

TerraCom's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=159.856 / ((5.645 + 10.361) / 2 )
=159.856 / 8.003
=19.97

TerraCom's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=72.72 / ((20.478 + 10.361) / 2 )
=72.72 / 15.4195
=4.72

* 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.


TerraCom  (FRA:2GF) 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.


TerraCom Receivables Turnover Related Terms

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TerraCom Business Description

Traded in Other Exchanges
Address
Blair Athol Mine Access Road, Clermont, QLD, AUS, 4721
TerraCom Ltd is a miner of thermal and coking coal with development projects in Queensland, Australia. Its projects in Australia include Hughenden, Pentland, Northern Galilee, Berenice Project, Cygnus Project, Springsure and others. Business operating segments includes Australia, South Africa, and Unallocated segments. Geographically, the company generates maximum revenue from Australia. Firms' mainstream revenue is generated from customers like Eskom, Glencore, Vitol Asia and Others.

TerraCom Headlines

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