Master Drilling Group (JSE:MDI) Receivables Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Master Drilling Group 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. Master Drilling Group's Revenue for the six months ended in Dec. 2023 was R0 Mil. Master Drilling Group's average Accounts Receivable for the six months ended in Dec. 2023 was R1,163 Mil.

Master Drilling Group Receivables Turnover Historical Data

The historical data trend for Master Drilling Group'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.

Master Drilling Group Receivables Turnover Chart

Master Drilling Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.85

3.26

4.45

4.58

4.16

Master Drilling Group 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															2.63	2.18	2.55	-	-

Competitive Comparison of Master Drilling Group's Receivables Turnover

For the Engineering & Construction subindustry, Master Drilling Group'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.

Master Drilling Group's Receivables Turnover Distribution in the Construction Industry

For the Construction industry and Industrials sector, Master Drilling Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Master Drilling Group's Receivables Turnover falls into.

Master Drilling Group Receivables Turnover Calculation

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

Master Drilling Group'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 )
=	4524.007	/ (	(1036.333	+	1138.203)	/	2 )
=	4524.007	/	1087.268
=	4.16

Master Drilling Group'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 )
=	0	/ (	(1187.427	+	1138.203)	/	2 )
=	0	/	1162.815
=	N/A

Master Drilling Group (JSE:MDI) 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.

Master Drilling Group Receivables Turnover Related Terms

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

Master Drilling Group (JSE:MDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Master Drilling Group Ltd (JSE:MDI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Bosman Street, PO Box 902, Fochville, GT, ZAF, 2515

Website

https://www.masterdrilling.com

Master Drilling Group Ltd is a drilling services company. It offers drilling services to mid-tier and junior mining companies across a range of commodities and resources. The company comprises of two main operational sub-groups - South African operations and international operations. Its services offering include Raiseboring, Boxhole borning, Exploration drilling, and value-added services. Geographically, the company generates a majority share of its revenue from Africa and America.

Master Drilling Group (JSE:MDI) Headlines

No Headlines