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United Energy (United Energy) Receivables Turnover : 0.56 (As of Dec. 2010)


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What is United 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. United Energy's Revenue for the three months ended in Dec. 2010 was $0.11 Mil. United Energy's average Accounts Receivable for the three months ended in Dec. 2010 was $0.20 Mil. Hence, United Energy's Receivables Turnover for the three months ended in Dec. 2010 was 0.56.


United Energy Receivables Turnover Historical Data

The historical data trend for United 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.

United Energy Receivables Turnover Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 1.12 10.41 6.68 6.20

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 1.93 2.18 1.39 1.17 0.56

Competitive Comparison of United Energy's Receivables Turnover

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


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

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

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



United Energy Receivables Turnover Calculation

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

United Energy's Receivables Turnover for the fiscal year that ended in Mar. 2009 is calculated as

Receivables Turnover (A: Mar. 2009 )
=Revenue / Average Total Inventories
=Revenue (A: Mar. 2009 ) / ((Accounts Receivable (A: Mar. 2008 ) + Accounts Receivable (A: Mar. 2009 )) / count )
=1.206 / ((0.248 + 0.141) / 2 )
=1.206 / 0.1945
=6.20

United Energy's Receivables Turnover for the quarter that ended in Dec. 2010 is calculated as

Receivables Turnover (Q: Dec. 2010 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2010 ) / ((Accounts Receivable (Q: Sep. 2010 ) + Accounts Receivable (Q: Dec. 2010 )) / count )
=0.11 / ((0.304 + 0.086) / 2 )
=0.11 / 0.195
=0.56

* 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.


United Energy  (OTCPK:UNRG) 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.


United Energy Receivables Turnover Related Terms

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United Energy (United Energy) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

United Energy (United Energy) Headlines

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