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Scirocco Energy (LSE:SCIR) Receivables Turnover : 0.00 (As of Jun. 2023)


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What is Scirocco Energy 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. Scirocco Energy's Revenue for the six months ended in Jun. 2023 was £0.00 Mil. Scirocco Energy's average Accounts Receivable for the six months ended in Jun. 2023 was £0.00 Mil.


Scirocco Energy Receivables Turnover Historical Data

The historical data trend for Scirocco Energy'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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Scirocco Energy Receivables Turnover Chart

Scirocco Energy Annual Data
Trend Jun12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
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Scirocco Energy Semi-Annual Data
Jun13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Scirocco Energy's Receivables Turnover

For the Oil & Gas E&P subindustry, Scirocco Energy'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.


Scirocco Energy's Receivables Turnover Distribution in the Oil & Gas Industry

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

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



Scirocco Energy Receivables Turnover Calculation

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

Scirocco Energy's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Scirocco Energy's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Dec. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Scirocco Energy  (LSE:SCIR) 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.


Scirocco Energy Receivables Turnover Related Terms

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Scirocco Energy (LSE:SCIR) Business Description

Traded in Other Exchanges
N/A
Address
1 Park Row, Leeds, GBR, LS1 5AB
Scirocco Energy PLC, formerly Solo Oil PLC is an oil and gas exploration company. Its principal activities are to acquire a diverse portfolio of direct and indirect interests in the exploration, development and production of oil and gas assets which are based in the Americas, Europe, and Africa.

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