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Oronova Energy (TSXV:ONV.H) Receivables Turnover : 0.00 (As of Jan. 2024)


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What is Oronova 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. Oronova Energy's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Oronova Energy's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.00 Mil.


Oronova Energy Receivables Turnover Historical Data

The historical data trend for Oronova 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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Oronova Energy Receivables Turnover Chart

Oronova Energy Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Receivables Turnover
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Oronova Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Oronova Energy's Receivables Turnover

For the Oil & Gas E&P subindustry, Oronova 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.


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

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

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



Oronova Energy Receivables Turnover Calculation

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

Oronova Energy's Receivables Turnover for the fiscal year that ended in Jan. 2024 is calculated as

Receivables Turnover (A: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Jan. 2024 ) / ((Accounts Receivable (A: Jan. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Oronova Energy's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Oronova Energy  (TSXV:ONV.H) 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.


Oronova Energy Receivables Turnover Related Terms

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Oronova Energy (TSXV:ONV.H) Business Description

Traded in Other Exchanges
N/A
Address
3123 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1J1
Website
Oronova Energy Inc is an international oil and gas exploration and production company. The firm engages in the acquisition, exploration, development, and production of crude oil and natural gas reserves in strategic countries.

Oronova Energy (TSXV:ONV.H) Headlines

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