Coterra Energy (MEX:CTRA) Receivables Turnover : 2.06 (As of Dec. 2024)

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What is Coterra 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. Coterra Energy's Revenue for the three months ended in Dec. 2024 was MXN29,094 Mil. Coterra Energy's average Accounts Receivable for the three months ended in Dec. 2024 was MXN14,113 Mil. Hence, Coterra Energy's Receivables Turnover for the three months ended in Dec. 2024 was 2.06.

Coterra Energy Receivables Turnover Historical Data

The historical data trend for Coterra 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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Coterra Energy Receivables Turnover Chart

Coterra Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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7.08

6.10

8.89

6.07

7.75

Coterra Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.40	2.05	1.99	2.27	2.06

Competitive Comparison of Coterra Energy's Receivables Turnover

For the Oil & Gas E&P subindustry, Coterra 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.

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

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

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

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Coterra Energy Receivables Turnover Calculation

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

Coterra Energy's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	113830.411	/ (	(12272.381	+	17101.674)	/	2 )
=	113830.411	/	14687.0275
=	7.75

Coterra Energy's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

	Receivables Turnover (Q: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2024 )	/ (	(Accounts Receivable (Q: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	29093.701	/ (	(11125.02	+	17101.674)	/	2 )
=	29093.701	/	14113.347
=	2.06

Coterra Energy (MEX:CTRA) 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.

Coterra Energy Receivables Turnover Related Terms

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Coterra Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coterra Energy Inc (MEX:CTRA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

CTRA:USA 0HRZ:UK XCQ:Germany C1OG34:Brazil

Address

840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024

Website

https://www.coterra.com

Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.