Southcross Energy Partners LP (FRA:SCR) Receivables Turnover: 2.47 (As of Mar. 2019)


What is Southcross Energy Partners LP Receivables Turnover?

Southcross Energy Partners LP FRA:SCR Receivables Turnover is 2.47 as of Mar. 2019. The stock has 5 warning signs investors should review.

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. Southcross Energy Partners LP's Revenue for the three months ended in Mar. 2019 was €107.9 Mil. Southcross Energy Partners LP's average Accounts Receivable for the three months ended in Mar. 2019 was €43.7 Mil. Hence, Southcross Energy Partners LP's Receivables Turnover for the three months ended in Mar. 2019 was 2.47.

Southcross Energy Partners LP  (FRA:SCR) 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.

Southcross Energy Partners LP Receivables Turnover Related Terms

Southcross Energy Partners LP Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Southcross Energy Partners LP'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.

Southcross Energy Partners LP Receivables Turnover Chart

Southcross Energy Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 13.47 13.30 12.16 10.63 9.94

Southcross Energy Partners LP Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 3.12 4.90 6.06 4.10 2.47

FRA:SCR vs CNIG: Receivables Turnover Comparison

For the Utilities - Regulated Gas subindustry, Southcross Energy Partners LP'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.

Southcross Energy Partners LP Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southcross Energy Partners LP's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Southcross Energy Partners LP's Receivables Turnover falls into.


Southcross Energy Partners LP Receivables Turnover Calculation

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

Southcross Energy Partners LP's Receivables Turnover for the fiscal year that ended in Dec. 2018 is calculated as

Receivables Turnover (A: Dec. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2018 ) / ((Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count )
=543.339 / ((56.685 + 52.671) / 2 )
=543.339 / 54.678
=9.94

Southcross Energy Partners LP's Receivables Turnover for the quarter that ended in Mar. 2019 is calculated as

Receivables Turnover (Q: Mar. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2019 ) / ((Accounts Receivable (Q: Dec. 2018 ) + Accounts Receivable (Q: Mar. 2019 )) / count )
=107.906 / ((52.671 + 34.632) / 2 )
=107.906 / 43.6515
=2.47

* 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 2.47 mean?
Southcross Energy Partners LP (FRA:SCR) has a Receivables Turnover of 2.47 as of Mar. 2019. 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 Southcross Energy Partners LP and its competitors.
Is Southcross Energy Partners LP's Receivables Turnover too high?
Southcross Energy Partners LP's current Receivables Turnover is 2.47. The Utilities - Regulated industry median Receivables Turnover is 6.77. Southcross Energy Partners LP's value of 2.47 is 63.5% below this industry median.
How does Southcross Energy Partners LP's Receivables Turnover compare to CNIG?
Southcross Energy Partners LP's Receivables Turnover of 2.47 can be compared against companies in the Utilities - Regulated industry. The industry median Receivables Turnover is 6.77. Southcross Energy Partners LP's value of 2.47 is 63.5% 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 Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.77, based on 496 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. Southcross Energy Partners LP's current Receivables Turnover of 2.47 is 63.5% 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 Southcross Energy Partners LP and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southcross Energy Partners LP's current Receivables Turnover is 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southcross Energy Partners LP stock overvalued right now?
Southcross Energy Partners LP (FRA:SCR) has a current Receivables Turnover of 2.47. The current Receivables Turnover is 2.47 and 63.5% below the Utilities - Regulated industry median of 6.77. 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 Southcross Energy Partners LP (FRA:SCR), the current Receivables Turnover is 2.47 as of Mar. 2019. 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.

Southcross Energy Partners LP Business Description

Address 1717 Main Street, Suite 5200, Dallas, TX, USA, 75201
Southcross Energy Partners LP provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services. It also source, purchase transport and sell natural gas and NGLs. The company derives the majority of its revenues from sales of natural gas. Its assets are located in South Texas, Mississippi, and Alabama.