PJSC Lukoil (PJSC Lukoil) Receivables Turnover : 1.05 (As of Sep. 2023)

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What is PJSC Lukoil 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. PJSC Lukoil's Revenue for the three months ended in Sep. 2023 was $8,441.40 Mil. PJSC Lukoil's average Accounts Receivable for the three months ended in Sep. 2023 was $8,053.64 Mil. Hence, PJSC Lukoil's Receivables Turnover for the three months ended in Sep. 2023 was 1.05.

PJSC Lukoil Receivables Turnover Historical Data

The historical data trend for PJSC Lukoil'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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PJSC Lukoil Receivables Turnover Chart

PJSC Lukoil Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Receivables Turnover

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16.88

18.66

14.16

6.65

5.82

PJSC Lukoil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Receivables Turnover	Get a 7-Day Free Trial															1.05	1.00	0.73	1.30	1.05

Competitive Comparison of PJSC Lukoil's Receivables Turnover

For the Oil & Gas Integrated subindustry, PJSC Lukoil'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.

PJSC Lukoil's Receivables Turnover Distribution in the Oil & Gas Industry

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

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

PJSC Lukoil Receivables Turnover Calculation

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

PJSC Lukoil'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 )
=	46961.392	/ (	(6788.289	+	9342.009)	/	2 )
=	46961.392	/	8065.149
=	5.82

PJSC Lukoil's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

	Receivables Turnover (Q: Sep. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Sep. 2023 ))	/	count )
=	8441.401	/ (	(7735.988	+	8371.3)	/	2 )
=	8441.401	/	8053.644
=	1.05

PJSC Lukoil (OTCPK:LUKFY) 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.

PJSC Lukoil Receivables Turnover Related Terms

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PJSC Lukoil (PJSC Lukoil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PJSC Lukoil (OTCPK:LUKFY) » Definitions » Receivables Turnover

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LKOH:Russia

Address

11, Sretensky Boulevard, Moscow, RUS, 101000

Website

https://www.lukoil.com

PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.