Xstate Resources (Xstate Resources) Receivables Turnover : 39.63 (As of Dec. 2023)

Xstate Resources Receivables Turnover Chart

Xstate Resources Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Receivables Turnover		Get a 7-Day Free Trial					-	9.20	19.01	20.82	-

Xstate Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Receivables Turnover	Get a 7-Day Free Trial															11.77	22.45	691.22	40.37	39.63

Competitive Comparison of Xstate Resources's Receivables Turnover

For the Oil & Gas E&P subindustry, Xstate Resources'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.

Xstate Resources's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Xstate Resources's Receivables Turnover falls into.

Xstate Resources Receivables Turnover Calculation

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

Xstate Resources's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

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

* 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.

Xstate Resources  (OTCPK:XSTLF) 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.

Xstate Resources Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Xstate Resources's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Xstate Resources (Xstate Resources) Business Description