LNG Energy Group (FRA:E26) Receivables Turnover: 1.98 (As of Sep. 2024)

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What is LNG Energy Group Receivables Turnover?

LNG Energy Group FRA:E26 Receivables Turnover is 1.98 as of Sep. 2024.

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. LNG Energy Group's Revenue for the three months ended in Sep. 2024 was €9.15 Mil. LNG Energy Group's average Accounts Receivable for the three months ended in Sep. 2024 was €4.61 Mil. Hence, LNG Energy Group's Receivables Turnover for the three months ended in Sep. 2024 was 1.98.


LNG Energy Group  (FRA:E26) 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.


LNG Energy Group Receivables Turnover Related Terms


LNG Energy Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for LNG Energy Group'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.

LNG Energy Group Receivables Turnover Chart

LNG Energy Group Annual Data
Trend May22 May23
Receivables Turnover
0.00 0.00

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 1.25 1.53 1.98

FRA:E26 vs ALTX, CRCE, FECOF: Receivables Turnover Comparison

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


LNG Energy Group Receivables Turnover vs Oil & Gas Industry

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

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



LNG Energy Group Receivables Turnover Calculation

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

LNG Energy Group's Receivables Turnover for the fiscal year that ended in May. 2023 is calculated as

Receivables Turnover (A: May. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: May. 2023 ) / ((Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count )
=0 / ((0.071 + 0.011) / 2 )
=0 / 0.041
=N/A

LNG Energy Group's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

Receivables Turnover (Q: Sep. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2024 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Sep. 2024 )) / count )
=9.145 / ((6.615 + 2.601) / 2 )
=9.145 / 4.608
=1.98

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.98 mean?
LNG Energy Group (FRA:E26) has a Receivables Turnover of 1.98 as of Sep. 2024. The accounts 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. View historical data on LNG Energy Group and its competitors.
Is LNG Energy Group's Receivables Turnover too high?
LNG Energy Group's current Receivables Turnover is 1.98. The Oil & Gas industry median Receivables Turnover is 7.98. LNG Energy Group's value of 1.98 is 75.2% below this industry median.
How does LNG Energy Group's Receivables Turnover compare to ALTX and CRCE?
LNG Energy Group's Receivables Turnover of 1.98 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. LNG Energy Group's value of 1.98 is 75.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 893 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. LNG Energy Group's current Receivables Turnover of 1.98 is 75.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on LNG Energy Group and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LNG Energy Group's current Receivables Turnover is 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (FRA:E26) has a current Receivables Turnover of 1.98. The current Receivables Turnover is 1.98 and 75.2% below the Oil & Gas industry median of 7.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For LNG Energy Group (FRA:E26), the current Receivables Turnover is 1.98 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.