OCI NV (XAMS:OCI) Receivables Turnover : 0.98 (As of Dec. 2023)

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What is OCI NV 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. OCI NV's Revenue for the three months ended in Dec. 2023 was €453 Mil. OCI NV's average Accounts Receivable for the three months ended in Dec. 2023 was €462 Mil. Hence, OCI NV's Receivables Turnover for the three months ended in Dec. 2023 was 0.98.

OCI NV Receivables Turnover Historical Data

The historical data trend for OCI NV'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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OCI NV Receivables Turnover Chart

OCI NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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5.99

6.00

8.96

4.59

3.24

OCI NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															0.89	1.80	2.08	1.73	0.98

Competitive Comparison of OCI NV's Receivables Turnover

For the Specialty Chemicals subindustry, OCI NV'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.

OCI NV's Receivables Turnover Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, OCI NV's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where OCI NV's Receivables Turnover falls into.

OCI NV Receivables Turnover Calculation

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

OCI NV'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 )
=	1799.704	/ (	(774.269	+	335.163)	/	2 )
=	1799.704	/	554.716
=	3.24

OCI NV's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Sep. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	453.456	/ (	(588.436	+	335.163)	/	2 )
=	453.456	/	461.7995
=	0.98

OCI NV (XAMS:OCI) 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.

OCI NV Receivables Turnover Related Terms

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OCI NV (XAMS:OCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » OCI NV (XAMS:OCI) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

OCINF:USA OCI:Mexico OCIa:UK 0QGH:UK OIC:Germany

Address

Honthorststraat 19, Amsterdam, NH, NLD, 1071

Website

https://oci-global.com

OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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