Transnational (NSA:TRCNP) Receivables Turnover : 0.38 (As of Dec. 2024)

View and export this data going back to . Start your Free Trial

What is Transnational 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. Transnational's Revenue for the three months ended in Dec. 2024 was ₦110,252 Mil. Transnational's average Accounts Receivable for the three months ended in Dec. 2024 was ₦293,871 Mil. Hence, Transnational's Receivables Turnover for the three months ended in Dec. 2024 was 0.38.

Transnational Receivables Turnover Historical Data

The historical data trend for Transnational'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.

* Premium members only.

Transnational Receivables Turnover Chart

Transnational Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

0.86

1.49

1.69

1.79

1.80

Transnational 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															0.58	0.55	0.42	0.50	0.38

Competitive Comparison of Transnational's Receivables Turnover

For the Utilities - Independent Power Producers subindustry, Transnational'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.

Transnational's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Transnational Receivables Turnover Calculation

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

Transnational'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 )
=	407915.908	/ (	(132330.635	+	320643.269)	/	2 )
=	407915.908	/	226486.952
=	1.80

Transnational'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 )
=	110252.184	/ (	(267098.227	+	320643.269)	/	2 )
=	110252.184	/	293870.748
=	0.38

Transnational (NSA:TRCNP) 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.

Transnational Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Transnational's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Transnational Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Transnational Corp PLC (NSA:TRCNP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

38b Glover Road, Transnational House, Ikoyi, Lagos, NGA

Website

https://www.transcorpgroup.com

Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre, and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary, is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. The Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.

Transnational Headlines

No Headlines