USAC (USA Compression Partners LP) Receivables Turnover : 2.34 (As of Sep. 2024)

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What is USA Compression Partners LP 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. USA Compression Partners LP's Revenue for the three months ended in Sep. 2024 was $240.0 Mil. USA Compression Partners LP's average Accounts Receivable for the three months ended in Sep. 2024 was $102.6 Mil. Hence, USA Compression Partners LP's Receivables Turnover for the three months ended in Sep. 2024 was 2.34.

USA Compression Partners LP Receivables Turnover Historical Data

The historical data trend for USA Compression Partners LP'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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USA Compression Partners LP Receivables Turnover Chart

USA Compression Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

8.96

9.27

9.59

9.27

9.44

USA Compression Partners LP Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Receivables Turnover	Get a 7-Day Free Trial															2.36	2.34	2.34	2.28	2.34

Competitive Comparison of USA Compression Partners LP's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, USA Compression Partners LP'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.

USA Compression Partners LP's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where USA Compression Partners LP's Receivables Turnover falls into.

USA Compression Partners LP Receivables Turnover Calculation

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

USA Compression Partners LP's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	846.178	/ (	(83.822	+	95.421)	/	2 )
=	846.178	/	89.6215
=	9.44

USA Compression Partners LP's Receivables Turnover for the quarter that ended in Sep. 2024 is calculated as

	Receivables Turnover (Q: Sep. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2024 )	/ (	(Accounts Receivable (Q: Jun. 2024 )	+	Accounts Receivable (Q: Sep. 2024 ))	/	count )
=	239.968	/ (	(106.045	+	99.095)	/	2 )
=	239.968	/	102.57
=	2.34

USA Compression Partners LP (NYSE:USAC) 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.

USA Compression Partners LP Receivables Turnover Related Terms

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USA Compression Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » USA Compression Partners LP (NYSE:USAC) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Congress Avenue, Suite 2400, Austin, TX, USA, 78701

Website

https://www.usacompression.com

USA Compression Partners LP provides compression services in the United States in terms of total compression fleet horsepower to customers relating to infrastructure applications, including both allowing for the processing and transportation of natural gas through the domestic pipeline system and enhancing crude oil production through artificial lift processes. It engineers, designs, operates, services, and repairs its compression units and maintains related support inventory and equipment. The company provides compression services in several shale plays throughout the U.S., including the Utica, Marcellus, Permian Basin, Delaware Basin, Eagle Ford, and others.

Executives

Eric D Long	director, officer: See Remarks	111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Eig Veteran Equity Aggregator, L.p.	director	1700 PENNSYLVANIA AVENUE, NW, SUITE 800, WASHINGTON DC 20006
Bradford D. Whitehurst	director, See Remarks	100 CONGRESS AVENUE, SUITE 450, AUSTIN TX 78701
Sean T Kimble	officer: SEE REMARKS	111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Christopher W Porter	officer: SEE REMARKS	111 CONGRESS AVE., SUITE 2400, AUSTIN TX 78701
Michael C Pearl	officer: See Remarks	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380-7046
W Brett Smith	director	508 W WALL AVE., SUITE 500, MIDLAND TX 79701
Eric A Scheller	officer: See Remarks	111 CONGRESS AVE, SUITE 2400, AUSTIN TX 78701
Energy Transfer Partners Gp, L.p.	10 percent owner	3738 OAK LAWN AVE., DALLAS TX 75219
Kelcy L Warren	10 percent owner
Energy Transfer Operating, L.p.	10 percent owner	8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Energy Transfer Partners, L.l.c.	10 percent owner	3738 OAK LAWN AVE., DALLAS TX 75219
Energy Transfer Lp	10 percent owner	8111 WESTCHESTER DRIVE, SUITE 600, DALLAS TX 75225
Le Gp Llc	10 percent owner
William G Manias	director	GULFTERRA ENERGY PARTNERS, 4 GREENWAY PLAZA, HOUSTON TX 77046