S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) Receivables Turnover: 28.86 (As of Jun. 2023)

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MIC:RKKE S.P. Korolev Rocket and Space Public Corporation Energia OJC MIC:RKKE
17 GF Score
Price ₽11,810.00
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What is S.P. Korolev Rocket and Space Public Energia OJC Receivables Turnover?

S.P. Korolev Rocket and Space Public Energia OJC MIC:RKKE +3.69% 17 Receivables Turnover is 28.86 as of Jun. 2023. GuruFocus rates MIC:RKKE with a GF Score™ of 17/100.

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. S.P. Korolev Rocket and Space Public Energia OJC's Revenue for the six months ended in Jun. 2023 was ₽17,114 Mil. S.P. Korolev Rocket and Space Public Energia OJC's average Accounts Receivable for the six months ended in Jun. 2023 was ₽593 Mil. Hence, S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover for the six months ended in Jun. 2023 was 28.86.


S.P. Korolev Rocket and Space Public Energia OJC  (MIC:RKKE) 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.


S.P. Korolev Rocket and Space Public Energia OJC Receivables Turnover Related Terms


S.P. Korolev Rocket and Space Public Energia OJC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for S.P. Korolev Rocket and Space Public Energia OJC'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.

S.P. Korolev Rocket and Space Public Energia OJC Receivables Turnover Chart

S.P. Korolev Rocket and Space Public Energia OJC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.28 7.71 27.81 43.78 46.63

S.P. Korolev Rocket and Space Public Energia OJC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Jun23
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 19.86 37.38 26.05 36.48 28.86

MIC:RKKE vs RTX, LMT, BA: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, S.P. Korolev Rocket and Space Public Energia OJC'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.


S.P. Korolev Rocket and Space Public Energia OJC Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover falls into.


MIC:RKKE
17GF Score
S.P. Korolev Rocket and Space Public Corporation Energia OJC MIC:RKKE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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S.P. Korolev Rocket and Space Public Energia OJC Receivables Turnover Calculation

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

S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=41601.795 / ((1095.219 + 688.938) / 2 )
=41601.795 / 892.0785
=46.63

S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=17114.465 / ((0 + 593.031) / 1 )
=17114.465 / 593.031
=28.86

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 28.86 mean?
S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a Receivables Turnover of 28.86 as of Jun. 2023. The accounts 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. View historical data on S.P. Korolev Rocket and Space Public Energia OJC and its competitors.
Is S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover too high?
S.P. Korolev Rocket and Space Public Energia OJC's current Receivables Turnover is 28.86. The Aerospace & Defense industry median Receivables Turnover is 5.69. S.P. Korolev Rocket and Space Public Energia OJC's value of 28.86 is 407.2% above this industry median. Overall, S.P. Korolev Rocket and Space Public Energia OJC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover compare to RTX and LMT?
S.P. Korolev Rocket and Space Public Energia OJC's Receivables Turnover of 28.86 can be compared against companies in the Aerospace & Defense industry. The industry median Receivables Turnover is 5.69. S.P. Korolev Rocket and Space Public Energia OJC's value of 28.86 is 407.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.69, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. S.P. Korolev Rocket and Space Public Energia OJC's current Receivables Turnover of 28.86 is 407.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on S.P. Korolev Rocket and Space Public Energia OJC and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S.P. Korolev Rocket and Space Public Energia OJC's current Receivables Turnover is 28.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S.P. Korolev Rocket and Space Public Energia OJC stock overvalued right now?
S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE) has a current Receivables Turnover of 28.86. The current Receivables Turnover is 28.86 and 407.2% above the Aerospace & Defense industry median of 5.69. S.P. Korolev Rocket and Space Public Energia OJC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For S.P. Korolev Rocket and Space Public Energia OJC (MIC:RKKE), the current Receivables Turnover is 28.86 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

S.P. Korolev Rocket and Space Public Energia OJC Business Description

Address 4A Lenin Street, Korolev, Moscow, RUS, 141070
S.P. Korolev Rocket and Space Public Corporation Energia OJC engaged in research and development of space technologies. It develops & manufactures operational use of manned space systems, rocket systems, armament & military equipment.
17GF Score

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