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Edge Resources (LSE:EDG) Receivables Turnover : 4.49 (As of Dec. 2015)


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What is Edge Resources 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. Edge Resources's Revenue for the three months ended in Dec. 2015 was £0.49 Mil. Edge Resources's average Accounts Receivable for the three months ended in Dec. 2015 was £0.11 Mil. Hence, Edge Resources's Receivables Turnover for the three months ended in Dec. 2015 was 4.49.


Edge Resources Receivables Turnover Historical Data

The historical data trend for Edge Resources'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.

Edge Resources Receivables Turnover Chart

Edge Resources Annual Data
Trend Mar01 Mar02 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 5.39 8.32 7.11 8.17

Edge Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 3.27 - 2.09 1.82 4.49

Competitive Comparison of Edge Resources's Receivables Turnover

For the Oil & Gas E&P subindustry, Edge Resources'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.


Edge Resources's Receivables Turnover Distribution in the Oil & Gas Industry

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

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



Edge Resources Receivables Turnover Calculation

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

Edge Resources's Receivables Turnover for the fiscal year that ended in Mar. 2015 is calculated as

Receivables Turnover (A: Mar. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2015 ) / ((Accounts Receivable (A: Mar. 2014 ) + Accounts Receivable (A: Mar. 2015 )) / count )
=4.396 / ((0.712 + 0.364) / 2 )
=4.396 / 0.538
=8.17

Edge Resources's Receivables Turnover for the quarter that ended in Dec. 2015 is calculated as

Receivables Turnover (Q: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2015 ) / ((Accounts Receivable (Q: Sep. 2015 ) + Accounts Receivable (Q: Dec. 2015 )) / count )
=0.494 / ((0 + 0.11) / 1 )
=0.494 / 0.11
=4.49

* 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.


Edge Resources  (LSE:EDG) 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.


Edge Resources Receivables Turnover Related Terms

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Edge Resources (LSE:EDG) Business Description

Traded in Other Exchanges
N/A
Address
Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3
Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.

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