KLX Energy Services Holdings (FRA:KX4A) Receivables Turnover : 1.41 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is KLX Energy Services Holdings 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. KLX Energy Services Holdings's Revenue for the three months ended in Mar. 2024 was €160.7 Mil. KLX Energy Services Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €113.7 Mil. Hence, KLX Energy Services Holdings's Receivables Turnover for the three months ended in Mar. 2024 was 1.41.

KLX Energy Services Holdings Receivables Turnover Historical Data

The historical data trend for KLX Energy Services Holdings'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.

KLX Energy Services Holdings Receivables Turnover Chart

KLX Energy Services Holdings Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

5.25

5.57

3.60

7.35

6.22

KLX Energy Services Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															1.37	1.31	1.40	1.36	1.41

Competitive Comparison of KLX Energy Services Holdings's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, KLX Energy Services Holdings'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.

KLX Energy Services Holdings's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where KLX Energy Services Holdings's Receivables Turnover falls into.

KLX Energy Services Holdings Receivables Turnover Calculation

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

KLX Energy Services Holdings'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 )
=	814.663	/ (	(145.659	+	116.459)	/	2 )
=	814.663	/	131.059
=	6.22

KLX Energy Services Holdings'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 )
=	160.724	/ (	(116.459	+	110.86)	/	2 )
=	160.724	/	113.6595
=	1.41

KLX Energy Services Holdings (FRA:KX4A) 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.

KLX Energy Services Holdings Receivables Turnover Related Terms

Thank you for viewing the detailed overview of KLX Energy Services Holdings's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

KLX Energy Services Holdings (FRA:KX4A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » KLX Energy Services Holdings Inc (FRA:KX4A) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

KLXE:USA KX4A:Germany

Address

3040 Post Oak Boulevard, 15th Floor, Houston, TX, USA, 77056

Website

https://www.klxenergy.com

KLX Energy Services Holdings Inc is a provider of completion, intervention and production services and products to the onshore oil and gas producing regions of the United States. It serves the companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves. Its products and services offerings include surface facilities and equipment, pressure control services, wireline services, fishing services, and engineered products. The company's segments include Southwest; Rocky Mountains and Northeast/Mid-Con region.

KLX Energy Services Holdings (FRA:KX4A) Headlines

No Headlines