GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tuscany Energy Ltd (OTCPK:TSCAF) » Definitions » Receivables Turnover

Tuscany Energy (Tuscany Energy) Receivables Turnover : 0.76 (As of Mar. 2016)


View and export this data going back to 2013. Start your Free Trial

What is Tuscany 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. Tuscany Energy's Revenue for the three months ended in Mar. 2016 was $0.71 Mil. Tuscany Energy's average Accounts Receivable for the three months ended in Mar. 2016 was $0.94 Mil. Hence, Tuscany Energy's Receivables Turnover for the three months ended in Mar. 2016 was 0.76.


Tuscany Energy Receivables Turnover Historical Data

The historical data trend for Tuscany 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.

Tuscany Energy Receivables Turnover Chart

Tuscany Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 3.03 3.63 5.08 3.22

Tuscany Energy Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.74 1.29 1.06 0.95 0.76

Competitive Comparison of Tuscany Energy's Receivables Turnover

For the Oil & Gas Drilling subindustry, Tuscany 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.


Tuscany Energy's Receivables Turnover Distribution in the Oil & Gas Industry

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

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



Tuscany Energy Receivables Turnover Calculation

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

Tuscany Energy's Receivables Turnover for the fiscal year that ended in Dec. 2015 is calculated as

Receivables Turnover (A: Dec. 2015 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2015 ) / ((Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count )
=7.375 / ((3.307 + 1.276) / 2 )
=7.375 / 2.2915
=3.22

Tuscany Energy's Receivables Turnover for the quarter that ended in Mar. 2016 is calculated as

Receivables Turnover (Q: Mar. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2016 ) / ((Accounts Receivable (Q: Dec. 2015 ) + Accounts Receivable (Q: Mar. 2016 )) / count )
=0.706 / ((1.276 + 0.594) / 2 )
=0.706 / 0.935
=0.76

* 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.


Tuscany Energy  (OTCPK:TSCAF) 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.


Tuscany Energy Receivables Turnover Related Terms

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


Tuscany Energy (Tuscany Energy) Business Description

Traded in Other Exchanges
N/A
Address
1800, 633 – 6th Avenue South West, Calgary, AB, CAN, T2P 2Y5
Tuscany Energy Ltd is a heavy oil development and production company with reserves, land holdings and production in Canada. Its is engaged in the exploitation of oil resources in Alberta and Saskatchewan through horizontal drilling.

Tuscany Energy (Tuscany Energy) Headlines

No Headlines