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Universal Energy (Universal Energy) Receivables Turnover : 1.38 (As of Sep. 2009)


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What is Universal 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. Universal Energy's Revenue for the three months ended in Sep. 2009 was $0.07 Mil. Universal Energy's average Accounts Receivable for the three months ended in Sep. 2009 was $0.05 Mil. Hence, Universal Energy's Receivables Turnover for the three months ended in Sep. 2009 was 1.38.


Universal Energy Receivables Turnover Historical Data

The historical data trend for Universal 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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Universal Energy Receivables Turnover Chart

Universal Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Receivables Turnover
Get a 7-Day Free Trial - - - 1.00 11.59

Universal Energy Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 2.09 2.34 1.49 1.60 1.38

Competitive Comparison of Universal Energy's Receivables Turnover

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


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

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

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



Universal Energy Receivables Turnover Calculation

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

Universal Energy's Receivables Turnover for the fiscal year that ended in Dec. 2008 is calculated as

Receivables Turnover (A: Dec. 2008 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2008 ) / ((Accounts Receivable (A: Dec. 2007 ) + Accounts Receivable (A: Dec. 2008 )) / count )
=0.678 / ((0.001 + 0.116) / 2 )
=0.678 / 0.0585
=11.59

Universal Energy's Receivables Turnover for the quarter that ended in Sep. 2009 is calculated as

Receivables Turnover (Q: Sep. 2009 )
=Revenue / Average Total Inventories
=Revenue (Q: Sep. 2009 ) / ((Accounts Receivable (Q: Jun. 2009 ) + Accounts Receivable (Q: Sep. 2009 )) / count )
=0.073 / ((0.07 + 0.036) / 2 )
=0.073 / 0.053
=1.38

* 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.


Universal Energy  (OTCPK:UVSE) 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.


Universal Energy Receivables Turnover Related Terms

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Universal Energy (Universal Energy) Business Description

Traded in Other Exchanges
N/A
Address
1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746
Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.

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