Oman Cables Industryog (MUS:OCAI) Receivables Turnover : 1.20 (As of Dec. 2024)

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What is Oman Cables Industryog 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. Oman Cables Industryog's Revenue for the three months ended in Dec. 2024 was ر.ع71.4 Mil. Oman Cables Industryog's average Accounts Receivable for the three months ended in Dec. 2024 was ر.ع59.7 Mil. Hence, Oman Cables Industryog's Receivables Turnover for the three months ended in Dec. 2024 was 1.20.

Oman Cables Industryog Receivables Turnover Historical Data

The historical data trend for Oman Cables Industryog'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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Oman Cables Industryog Receivables Turnover Chart

Oman Cables Industryog Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

3.03

4.28

4.86

5.02

Oman Cables Industryog 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															1.09	1.21	1.24	1.33	1.20

Competitive Comparison of Oman Cables Industryog's Receivables Turnover

For the Electrical Equipment & Parts subindustry, Oman Cables Industryog'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.

Oman Cables Industryog's Receivables Turnover Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Oman Cables Industryog's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Oman Cables Industryog's Receivables Turnover falls into.

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Oman Cables Industryog Receivables Turnover Calculation

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

Oman Cables Industryog'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 )
=	268.783	/ (	(49.069	+	57.974)	/	2 )
=	268.783	/	53.5215
=	5.02

Oman Cables Industryog'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 )
=	71.438	/ (	(61.442	+	57.974)	/	2 )
=	71.438	/	59.708
=	1.20

Oman Cables Industryog (MUS:OCAI) 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.

Oman Cables Industryog Receivables Turnover Related Terms

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Oman Cables Industryog Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Oman Cables Industry Saog (MUS:OCAI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O Box 25, Rusayl, OMN, 124

Website

https://www.omancables.com

Oman Cables Industry Saog develops, manufactures, and markets a totally integrated variety of electrical cables and conductors for diverse applications, including medium voltage power cables, low voltage power, and control cables, instrumentation cables, pilot cables, overhead power transmission line conductors, and building wires. The Company's principal activity is the manufacture and sale of electrical cables and conductors. The company earns the majority of its revenue from Local Sales and followed by Middle East and North Africa (MENA) region, others.

Oman Cables Industryog Headlines

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