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Amplitude Energy (FRA:CDP0) Receivables Turnover : 6.17 (As of Jun. 2024)


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What is Amplitude 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. Amplitude Energy's Revenue for the six months ended in Jun. 2024 was €69.8 Mil. Amplitude Energy's average Accounts Receivable for the six months ended in Jun. 2024 was €11.3 Mil. Hence, Amplitude Energy's Receivables Turnover for the six months ended in Jun. 2024 was 6.17.


Amplitude Energy Receivables Turnover Historical Data

The historical data trend for Amplitude 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.

* Premium members only.

Amplitude Energy Receivables Turnover Chart

Amplitude Energy 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 5.80 8.91 18.28 17.42 17.77

Amplitude Energy 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 6.79 6.17 5.65 6.05 6.17

Competitive Comparison of Amplitude Energy's Receivables Turnover

For the Oil & Gas E&P subindustry, Amplitude 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.


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

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

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



Amplitude Energy Receivables Turnover Calculation

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

Amplitude Energy'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 )
=135.123 / ((7.037 + 8.169) / 2 )
=135.123 / 7.603
=17.77

Amplitude Energy'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 )
=69.819 / ((14.456 + 8.169) / 2 )
=69.819 / 11.3125
=6.17

* 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.


Amplitude Energy  (FRA:CDP0) 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.


Amplitude Energy Receivables Turnover Related Terms

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Amplitude Energy Business Description

Traded in Other Exchanges
Address
70 Franklin Street, Level 8, Adelaide, SA, AUS, 5000
Amplitude Energy Ltd is engaged in exploring, developing, and producing natural gas and to produce low-cost oil. It is an exploration and production company that generates revenue from gas supply to Southeast Australia and low-cost Cooper Basin oil production. The company holds a portfolio of gas supply contracts and it has gas-focused acreage and assets in the Southeast Australian energy sector, including well-located reserves and resources in the Otway and Gippsland basins.

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