Gaztransport et technigaz (Gaztransport et technigaz) Receivables Turnover : 2.54 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Gaztransport et technigaz 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. Gaztransport et technigaz's Revenue for the six months ended in Dec. 2023 was $272.5 Mil. Gaztransport et technigaz's average Accounts Receivable for the six months ended in Dec. 2023 was $107.3 Mil. Hence, Gaztransport et technigaz's Receivables Turnover for the six months ended in Dec. 2023 was 2.54.

Gaztransport et technigaz Receivables Turnover Historical Data

The historical data trend for Gaztransport et technigaz'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.

Gaztransport et technigaz Receivables Turnover Chart

Gaztransport et technigaz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.17

6.03

6.22

4.33

4.18

Gaztransport et technigaz Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															1.92	2.30	1.83	1.94	2.54

Competitive Comparison of Gaztransport et technigaz's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Gaztransport et technigaz'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.

Gaztransport et technigaz's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gaztransport et technigaz's Receivables Turnover falls into.

Gaztransport et technigaz Receivables Turnover Calculation

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

Gaztransport et technigaz'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 )
=	466.417	/ (	(103.304	+	119.728)	/	2 )
=	466.417	/	111.516
=	4.18

Gaztransport et technigaz's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	272.523	/ (	(94.87	+	119.728)	/	2 )
=	272.523	/	107.299
=	2.54

Gaztransport et technigaz (OTCPK:GZPZY) 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.

Gaztransport et technigaz Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Gaztransport et technigaz's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Gaztransport et technigaz (Gaztransport et technigaz) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gaztransport et technigaz SA (OTCPK:GZPZY) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GZPZF:USA GTTp:UK 0QT5:UK GTT:France 9TG:Germany

Address

1, Route de Versailles, Saint-Remy-les-Chevreuse, FRA, 78470

Website

https://www.gtt.fr

Gaztransport et technigaz SA is a France-based company that provides services relating to the building of liquefied natural gas storage and transport facilities. The company owns its proprietary testing laboratories and conducts research through its partnerships with research institutions, engineering companies, laboratories and universities. The company's clients mainly comprise liquefied natural gas carriers. The company generated almost all its revenue from South Korea and China.

Gaztransport et technigaz (Gaztransport et technigaz) Headlines

From GuruFocus

GTT Is a Great Play on LNG

By The City Letter • 08-23-2023

Gaztransport et technigaz SA's Dividend Analysis

By GuruFocus Research • 12-08-2023

Gaztransport et Technigaz: A Pick-and-Shovel Play on Natural Gas

By Steven Chen Steven Chen • 02-16-2020