Crown Point Energy (TSXV:CWV) Receivables Turnover : 3.07 (As of Dec. 2024)

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What is Crown Point 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. Crown Point Energy's Revenue for the three months ended in Dec. 2024 was C$27.86 Mil. Crown Point Energy's average Accounts Receivable for the three months ended in Dec. 2024 was C$9.07 Mil. Hence, Crown Point Energy's Receivables Turnover for the three months ended in Dec. 2024 was 3.07.

Crown Point Energy Receivables Turnover Historical Data

The historical data trend for Crown Point 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.

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Crown Point Energy Receivables Turnover Chart

Crown Point Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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4.20

9.18

9.38

9.95

6.03

Crown Point Energy 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															2.72	2.78	2.40	2.50	3.07

Competitive Comparison of Crown Point Energy's Receivables Turnover

For the Oil & Gas E&P subindustry, Crown Point 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.

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

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

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

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Crown Point Energy Receivables Turnover Calculation

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

Crown Point 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 )
=	52.339	/ (	(2.371	+	14.986)	/	2 )
=	52.339	/	8.6785
=	6.03

Crown Point 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: Sep. 2024 )	+	Accounts Receivable (Q: Dec. 2024 ))	/	count )
=	27.86	/ (	(3.16	+	14.986)	/	2 )
=	27.86	/	9.073
=	3.07

Crown Point Energy (TSXV:CWV) 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.

Crown Point Energy Receivables Turnover Related Terms

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Crown Point Energy Business Description

Industry

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Address

Godoy Cruz 2769 Piso 4, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1425FQK

Website

https://www.crownpointenergy.com

Crown Point Energy Inc. is an oil and gas exploration and development company. The Company has one operating segment in Argentina where all natural gas, oil and condensate sales revenue is derived from upstream operations and E&E assets and all material property and equipment are located. The Company's exploration and development activities focus on three producing basins in Argentina, including the Austral basin in the province of Tierra del Fuego, and the Neuquen, Cuyo, and Cuyana basins in the region of M.ndoza.

Executives

William Ball Wheeler

10% Security Holder

Crown Point Energy Headlines

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