Metis Energy (SGX:L02) Receivables Turnover : 0.32 (As of Dec. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Metis 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. Metis Energy's Revenue for the six months ended in Dec. 2024 was S$2.28 Mil. Metis Energy's average Accounts Receivable for the six months ended in Dec. 2024 was S$7.03 Mil. Hence, Metis Energy's Receivables Turnover for the six months ended in Dec. 2024 was 0.32.

Metis Energy Receivables Turnover Historical Data

The historical data trend for Metis 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.

Metis Energy Receivables Turnover Chart

Metis Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

Get a 7-Day Free Trial

6.76

5.82

7.34

3.67

10.50

Metis Energy Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Receivables Turnover	Get a 7-Day Free Trial															2.00	0.33	0.45	0.35	0.32

Competitive Comparison of Metis Energy's Receivables Turnover

For the Utilities - Regulated Electric subindustry, Metis 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.

Metis Energy's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Metis Energy's Receivables Turnover distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Metis Energy Receivables Turnover Calculation

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

Metis Energy'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 )
=	4.79	/ (	(0.582	+	0.33)	/	2 )
=	4.79	/	0.456
=	10.50

Metis Energy'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: Jun. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	2.275	/ (	(13.733	+	0.33)	/	2 )
=	2.275	/	7.0315
=	0.32

Metis Energy (SGX:L02) 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.

Metis Energy Receivables Turnover Related Terms

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

Metis Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Metis Energy Ltd (SGX:L02) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 New Bridge Road, No. 18-09 Chinatown Point, Singapore, SGP, 059413

Website

https://www.metisenergy.com

Metis Energy Ltd is a renewable energy and infrastructure developer. It operates through five segments: the Power Plant segment relates to the construction, acquisition, operations, and maintenance of power plants and the production and sale of electric power in Indonesia; the Renewable Energy segment relates to the construction, acquisition, operations, and maintenance of renewable generation facilities and the production and sale of renewable energy in Vietnam; the Shipping segment relates to ship chartering and provision of freight services in Indonesia, mainly for coal-carrying activities. the corporate and Others segment is involved in Group-level corporate services, treasury functions, investments in properties, and others. The Power Plant segment derives the majority of revenue.

Metis Energy Headlines

No Headlines