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Hemisphere Energy (FRA:N4Q1) Receivables Turnover : 12.10 (As of Dec. 2024)


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What is Hemisphere 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. Hemisphere Energy's Revenue for the three months ended in Dec. 2024 was €15.66 Mil. Hemisphere Energy's average Accounts Receivable for the three months ended in Dec. 2024 was €1.29 Mil. Hence, Hemisphere Energy's Receivables Turnover for the three months ended in Dec. 2024 was 12.10.


Hemisphere Energy Receivables Turnover Historical Data

The historical data trend for Hemisphere 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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Hemisphere Energy Receivables Turnover Chart

Hemisphere Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 215.77 245.49 562.30 125.11 41.26

Hemisphere Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 34.87 27.58 100.59 102.56 12.10

Competitive Comparison of Hemisphere Energy's Receivables Turnover

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


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

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

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


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Hemisphere Energy Receivables Turnover Calculation

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

Hemisphere Energy's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=66.988 / ((0.824 + 2.423) / 2 )
=66.988 / 1.6235
=41.26

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

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=15.659 / ((0.165 + 2.423) / 2 )
=15.659 / 1.294
=12.10

* 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.


Hemisphere Energy  (FRA:N4Q1) 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.


Hemisphere Energy Receivables Turnover Related Terms

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Hemisphere Energy Business Description

Traded in Other Exchanges
Address
905 West Pender Street, Suite 501, Vancouver, BC, CAN, V6C 1L6
Hemisphere Energy Corp is a Canadian oil company focused on the sustainable growth of its high netback, low decline conventional heavy oil assets through water and polymer flood-enhanced recovery methods. It specializes in the development of conventional oil pools using enhanced oil recoveries methods such as waterflood and polymer flood to maximize production and oil recovery. The company's oil assets are in the Manville oil play in the Atlee Buffalo and Jenner areas of southeastern Alberta.

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