GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (IST:MEPET) » Definitions » Receivables Turnover

Mepet Metro Petrol ve Tesislerinayi Ticaret AS (IST:MEPET) Receivables Turnover : 17.12 (As of Dec. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Mepet Metro Petrol ve Tesislerinayi Ticaret AS 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. Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Revenue for the three months ended in Dec. 2024 was ₺1,045 Mil. Mepet Metro Petrol ve Tesislerinayi Ticaret AS's average Accounts Receivable for the three months ended in Dec. 2024 was ₺61 Mil. Hence, Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Receivables Turnover for the three months ended in Dec. 2024 was 17.12.


Mepet Metro Petrol ve Tesislerinayi Ticaret AS Receivables Turnover Historical Data

The historical data trend for Mepet Metro Petrol ve Tesislerinayi Ticaret AS'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.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Receivables Turnover Chart

Mepet Metro Petrol ve Tesislerinayi Ticaret AS 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 13.66 14.73 64.44 68.38 50.63

Mepet Metro Petrol ve Tesislerinayi Ticaret AS 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 19.93 10.91 16.52 24.51 17.12

Competitive Comparison of Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Receivables Turnover

For the Oil & Gas Refining & Marketing subindustry, Mepet Metro Petrol ve Tesislerinayi Ticaret AS'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.


Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Receivables Turnover falls into.


;
;

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Receivables Turnover Calculation

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

Mepet Metro Petrol ve Tesislerinayi Ticaret AS'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 )
=4144.799 / ((79.212 + 84.504) / 2 )
=4144.799 / 81.858
=50.63

Mepet Metro Petrol ve Tesislerinayi Ticaret AS'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 )
=1045.038 / ((37.611 + 84.504) / 2 )
=1045.038 / 61.0575
=17.12

* 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.


Mepet Metro Petrol ve Tesislerinayi Ticaret AS  (IST:MEPET) 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.


Mepet Metro Petrol ve Tesislerinayi Ticaret AS Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Mepet Metro Petrol ve Tesislerinayi Ticaret AS's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Mepet Metro Petrol ve Tesislerinayi Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Resadiye Caddesi, Cumhuriyet Koyu No: 18 Kat: 1, Beykoz, Istanbul, TUR, 34800
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS is engaged in the operation of petrol and gas stations and road side restaurants in Turkey. Through its petrol stations, the company sells and stores petrol, fuel oil and liquefied gas.

Mepet Metro Petrol ve Tesislerinayi Ticaret AS Headlines

No Headlines