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Peninsula Energy (Peninsula Energy) Receivables Turnover : 7.41 (As of Dec. 2023)


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What is Peninsula Energy 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. Peninsula Energy's Revenue for the six months ended in Dec. 2023 was $11.87 Mil. Peninsula Energy's average Accounts Receivable for the six months ended in Dec. 2023 was $1.60 Mil. Hence, Peninsula Energy's Receivables Turnover for the six months ended in Dec. 2023 was 7.41.


Peninsula Energy Receivables Turnover Historical Data

The historical data trend for Peninsula Energy'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.

Peninsula Energy Receivables Turnover Chart

Peninsula Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.99 1.85 -

Peninsula Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.76 15.47 16.38 37.42 7.41

Competitive Comparison of Peninsula Energy's Receivables Turnover

For the Uranium subindustry, Peninsula Energy'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.


Peninsula Energy's Receivables Turnover Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Peninsula Energy's Receivables Turnover distribution charts can be found below:

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



Peninsula Energy Receivables Turnover Calculation

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

Peninsula Energy's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=40.4 / ((0 + 0) / 1 )
=40.4 / 0
=N/A

Peninsula Energy's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=11.872 / ((0 + 1.602) / 1 )
=11.872 / 1.602
=7.41

* 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.


Peninsula Energy  (OTCPK:PENMF) 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.


Peninsula Energy Receivables Turnover Related Terms

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Peninsula Energy (Peninsula Energy) Business Description

Traded in Other Exchanges
Address
22 Railway Road, Units 32/33, Level 3, Subiaco, WA, AUS, 6008
Peninsula Energy Ltd is a uranium mining and development company. It has three reportable operating segments, Lance Uranium projects, Wyoming USA; Karoo Uranium projects, South Africa; and Corporate/Other. The majority of its revenue comes from the Lance Uranium project.

Peninsula Energy (Peninsula Energy) Headlines