Inpex (IPXHF) Receivables Turnover : 2.16 (As of Dec. 2024)

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What is Inpex 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. Inpex's Revenue for the three months ended in Dec. 2024 was $3,370 Mil. Inpex's average Accounts Receivable for the three months ended in Dec. 2024 was $1,563 Mil. Hence, Inpex's Receivables Turnover for the three months ended in Dec. 2024 was 2.16.

Inpex Receivables Turnover Historical Data

The historical data trend for Inpex'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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Inpex Receivables Turnover Chart

Inpex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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9.07

9.57

10.28

8.62

8.79

Inpex 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															2.52	2.18	1.90	2.34	2.16

Competitive Comparison of Inpex's Receivables Turnover

For the Oil & Gas E&P subindustry, Inpex'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.

Inpex's Receivables Turnover Distribution in the Oil & Gas Industry

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

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

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Inpex Receivables Turnover Calculation

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

Inpex'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 )
=	14730.991	/ (	(1611.436	+	1738.954)	/	2 )
=	14730.991	/	1675.195
=	8.79

Inpex'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 )
=	3369.518	/ (	(1386.082	+	1738.954)	/	2 )
=	3369.518	/	1562.518
=	2.16

Inpex (OTCPK:IPXHF) 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.

Inpex Receivables Turnover Related Terms

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Inpex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

IPXHY:USA 1605:Japan I8U:Germany

Address

Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332

Website

https://www.inpex.co.jp

Headquartered in Tokyo, Inpex was founded in 2008 through a merger with Teikoku Oil. The precursor Inpex began life in 1966 as North Sumatra Offshore Petroleum Exploration and discovered the Attaka field in Indonesia in 1970 before acquiring the ADMA Block offshore the United Arab Emirates in 1973 and then discovering the Kashagan oilfield in Kazakhstan and Ichthys and Abadi gasfields in the Timor Sea in 2000. Teikoku Oil was founded in 1941 as a semigovernment entity and discovered Japan's largest natural gas reserves in Minami Nagaoka in 1979. Inpex is Japan's largest hydrocarbon producer, with oil and gas projects across multiple continents. It produces 230 million barrels of oil equivalent per year and has 6.2 billion barrels of oil equivalent in proven and probable reserves.