TMK PAO (MIC:TRMK) Receivables Turnover: 2.76 (As of Jun. 2022)

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MIC:TRMK TMK PAO MIC:TRMK
17 GF Score
Price ₽56.66
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What is TMK PAO Receivables Turnover?

TMK PAO MIC:TRMK -3.90% 17 Receivables Turnover is 2.76 as of Jun. 2022. GuruFocus rates MIC:TRMK 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. TMK PAO's Revenue for the six months ended in Jun. 2022 was ₽300,837 Mil. TMK PAO's average Accounts Receivable for the six months ended in Jun. 2022 was ₽108,824 Mil. Hence, TMK PAO's Receivables Turnover for the six months ended in Jun. 2022 was 2.76.


TMK PAO  (MIC:TRMK) 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.


TMK PAO Receivables Turnover Related Terms


TMK PAO Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TMK PAO'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.

TMK PAO Receivables Turnover Chart

TMK PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.69 4.83 4.97 3.25 4.81

TMK PAO Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 1.53 1.43 2.01 2.47 2.76

MIC:TRMK vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, TMK PAO'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.


TMK PAO Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, TMK PAO's Receivables Turnover distribution charts can be found below:

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


MIC:TRMK
17GF Score
TMK PAO MIC:TRMK
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TMK PAO Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=428981 / ((72753 + 105647) / 2 )
=428981 / 89200
=4.81

TMK PAO's Receivables Turnover for the quarter that ended in Jun. 2022 is calculated as

Receivables Turnover (Q: Jun. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Jun. 2022 )) / count )
=300837 / ((105647 + 112001) / 2 )
=300837 / 108824
=2.76

* 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 2.76 mean?
TMK PAO (MIC:TRMK) has a Receivables Turnover of 2.76 as of Jun. 2022. 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 TMK PAO and its competitors.
Is TMK PAO's Receivables Turnover too high?
TMK PAO's current Receivables Turnover is 2.76. The Steel industry median Receivables Turnover is 7.15. TMK PAO's value of 2.76 is 61.4% below this industry median. Overall, TMK PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does TMK PAO's Receivables Turnover compare to NUE and STLD?
TMK PAO's Receivables Turnover of 2.76 can be compared against companies in the Steel industry. The industry median Receivables Turnover is 7.15. TMK PAO's value of 2.76 is 61.4% below 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 a Steel company?
The median Receivables Turnover among Steel companies is 7.15, based on 606 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. TMK PAO's current Receivables Turnover of 2.76 is 61.4% below 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 TMK PAO and its competitors. For the Steel industry, the median Receivables Turnover is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TMK PAO's current Receivables Turnover is 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMK PAO stock overvalued right now?
TMK PAO (MIC:TRMK) has a current Receivables Turnover of 2.76. The current Receivables Turnover is 2.76 and 61.4% below the Steel industry median of 7.15. TMK PAO'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 TMK PAO (MIC:TRMK), the current Receivables Turnover is 2.76 as of Jun. 2022. 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.

TMK PAO Business Description

Address 40/2a, Pokrovka Street, Moscow, RUS, 101000
TMK PAO produces and supplies steel pipes for the oil and gas industry. The company integrates production assets in Russia, the United States, Canada, Oman, Romania, and Kazakhstan. TMK's core business is the production and sale of seamless and welded pipe, including large-diameter pipe, and pipe with premium connections, combined with an extensive range of services in heat treatment, protective coating, premium connections threading, pipe storage, and repair. Seamless pipe sales account for the majority of the company's revenue with the majority of sales generated in Russia.
17GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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