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Perpetual Energy (FRA:AGG) Receivables Turnover : 0.65 (As of Mar. 2024)


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What is Perpetual Energy 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. Perpetual Energy's Revenue for the three months ended in Mar. 2024 was €6.04 Mil. Perpetual Energy's average Accounts Receivable for the three months ended in Mar. 2024 was €9.30 Mil. Hence, Perpetual Energy's Receivables Turnover for the three months ended in Mar. 2024 was 0.65.


Perpetual Energy Receivables Turnover Historical Data

The historical data trend for Perpetual Energy'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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Perpetual Energy Receivables Turnover Chart

Perpetual Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.06 6.46 7.98 7.95 3.88

Perpetual Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.23 1.43 1.61 0.86 0.65

Competitive Comparison of Perpetual Energy's Receivables Turnover

For the Oil & Gas E&P subindustry, Perpetual Energy'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.


Perpetual Energy's Receivables Turnover Distribution in the Oil & Gas Industry

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

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



Perpetual Energy Receivables Turnover Calculation

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

Perpetual Energy's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=43.215 / ((10.982 + 11.27) / 2 )
=43.215 / 11.126
=3.88

Perpetual Energy's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=6.042 / ((11.27 + 7.337) / 2 )
=6.042 / 9.3035
=0.65

* 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.


Perpetual Energy  (FRA:AGG) 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.


Perpetual Energy Receivables Turnover Related Terms

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Perpetual Energy (FRA:AGG) Business Description

Traded in Other Exchanges
Address
605 - 5th Avenue South west, Suite 3200, Calgary, AB, CAN, T2P 3H5
Perpetual Energy Inc is an oil and natural gas exploration, production, and marketing company, It owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta, heavy crude oil and shallow conventional natural gas in Eastern Alberta, and undeveloped bitumen leases in Northern Alberta. The company derives key revenue from the sale of oil and natural gas.

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