Lamprell (LSE:LAMN) Receivables Turnover : 6.27 (As of Dec. 2021)

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What is Lamprell 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. Lamprell's Revenue for the six months ended in Dec. 2021 was £163.3 Mil. Lamprell's average Accounts Receivable for the six months ended in Dec. 2021 was £26.0 Mil. Hence, Lamprell's Receivables Turnover for the six months ended in Dec. 2021 was 6.27.

Lamprell Receivables Turnover Historical Data

The historical data trend for Lamprell'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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Lamprell Receivables Turnover Chart

Lamprell Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Receivables Turnover

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1.65

2.32

7.72

9.48

9.92

Lamprell Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Receivables Turnover	Get a 7-Day Free Trial															6.39	3.14	3.03	3.48	6.27

Competitive Comparison of Lamprell's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Lamprell'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.

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

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

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

Lamprell Receivables Turnover Calculation

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

Lamprell's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Receivables Turnover (A: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2021 )	/ (	(Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )
=	292.384	/ (	(38.616	+	20.311)	/	2 )
=	292.384	/	29.4635
=	9.92

Lamprell's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

	Receivables Turnover (Q: Dec. 2021 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2021 )	/ (	(Accounts Receivable (Q: Jun. 2021 )	+	Accounts Receivable (Q: Dec. 2021 ))	/	count )
=	163.292	/ (	(31.742	+	20.311)	/	2 )
=	163.292	/	26.0265
=	6.27

Lamprell (LSE:LAMN) 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.

Lamprell Receivables Turnover Related Terms

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Lamprell (LSE:LAMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lamprell PLC (LSE:LAMN) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

Jebel Ali Free Zone, c/o. P.O. Box 33455, Dubai, ARE

Website

https://www.lamprell.com

Lamprell PLC is a provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries. Its services include fabricating packaged, pre-assembled and modularised units; constructing accommodation and complex process modules for onshore downstream projects; construction of complex living quarters, wellhead decks, topsides, jackets and other offshore fixed facilities; rig refurbishment; land rig services; engineering and construction and operations and maintenance. The operating business segments are Oil and Gas, Renewables and Digital.

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