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Nido Petroleum (Nido Petroleum) Receivables Turnover : 0.00 (As of Dec. 2016)


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What is Nido Petroleum 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. Nido Petroleum's Revenue for the six months ended in Dec. 2016 was $28.43 Mil. Nido Petroleum's average Accounts Receivable for the six months ended in Dec. 2016 was $0.00 Mil.


Nido Petroleum Receivables Turnover Historical Data

The historical data trend for Nido Petroleum'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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Nido Petroleum Receivables Turnover Chart

Nido Petroleum Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
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Nido Petroleum Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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Competitive Comparison of Nido Petroleum's Receivables Turnover

For the Oil & Gas E&P subindustry, Nido Petroleum'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.


Nido Petroleum's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Nido Petroleum's Receivables Turnover falls into.



Nido Petroleum Receivables Turnover Calculation

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

Nido Petroleum's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=43.258 / ((0 + 0) / 1 )
=43.258 / 0
=N/A

Nido Petroleum's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Jun. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=28.426 / ((0 + 0) / 1 )
=28.426 / 0
=N/A

* 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.


Nido Petroleum  (OTCPK:NIDOY) 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.


Nido Petroleum Receivables Turnover Related Terms

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Nido Petroleum (Nido Petroleum) Business Description

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Nido Petroleum Ltd is an oil and gas production, development and exploration company with operations located in the Philippines.

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