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East Pipes Integrated Co for Industry (SAU:1321) Receivables Turnover : 0.94 (As of Dec. 2024)


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What is East Pipes Integrated Co for Industry 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. East Pipes Integrated Co for Industry's Revenue for the three months ended in Dec. 2024 was ﷼528 Mil. East Pipes Integrated Co for Industry's average Accounts Receivable for the three months ended in Dec. 2024 was ﷼562 Mil. Hence, East Pipes Integrated Co for Industry's Receivables Turnover for the three months ended in Dec. 2024 was 0.94.


East Pipes Integrated Co for Industry Receivables Turnover Historical Data

The historical data trend for East Pipes Integrated Co for Industry'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.

East Pipes Integrated Co for Industry Receivables Turnover Chart

East Pipes Integrated Co for Industry Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Receivables Turnover
2.95 1.73 3.08 2.25

East Pipes Integrated Co for Industry Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.91 0.88 0.57 0.99 0.94

Competitive Comparison of East Pipes Integrated Co for Industry's Receivables Turnover

For the Steel subindustry, East Pipes Integrated Co for Industry'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.


East Pipes Integrated Co for Industry's Receivables Turnover Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, East Pipes Integrated Co for Industry's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where East Pipes Integrated Co for Industry's Receivables Turnover falls into.


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East Pipes Integrated Co for Industry Receivables Turnover Calculation

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

East Pipes Integrated Co for Industry's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=1543.168 / ((558.807 + 810.022) / 2 )
=1543.168 / 684.4145
=2.25

East Pipes Integrated Co for Industry'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 )
=527.903 / ((620.512 + 502.942) / 2 )
=527.903 / 561.727
=0.94

* 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.


East Pipes Integrated Co for Industry  (SAU:1321) 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.


East Pipes Integrated Co for Industry Receivables Turnover Related Terms

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East Pipes Integrated Co for Industry Business Description

Traded in Other Exchanges
N/A
Address
Street No 89, 2nd Industrial City, P.O Box 12943, P. Code 31483, Dammam, SAU
East Pipes Integrated Co for Industry is engaged in the manufacturing of pipes, tubes, and hollow shapes from iron and steel. The business activities of the Company are concentrated in the Kingdom of Saudi Arabia.

East Pipes Integrated Co for Industry Headlines

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