Laugfs Gas (COL:LGL.X0000) Receivables Turnover : 3.19 (As of Mar. 2025)

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What is Laugfs Gas 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. Laugfs Gas's Revenue for the three months ended in Mar. 2025 was රු13,261 Mil. Laugfs Gas's average Accounts Receivable for the three months ended in Mar. 2025 was රු4,156 Mil. Hence, Laugfs Gas's Receivables Turnover for the three months ended in Mar. 2025 was 3.19.

Laugfs Gas Receivables Turnover Historical Data

The historical data trend for Laugfs Gas'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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Laugfs Gas Receivables Turnover Chart

Laugfs Gas Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Receivables Turnover

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26.37

20.85

23.13

17.58

7.53

Laugfs Gas Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															3.14	2.33	2.20	1.86	3.19

Competitive Comparison of Laugfs Gas's Receivables Turnover

For the Utilities - Regulated Gas subindustry, Laugfs Gas'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.

Laugfs Gas's Receivables Turnover Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Laugfs Gas's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Laugfs Gas's Receivables Turnover falls into.

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Laugfs Gas Receivables Turnover Calculation

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

Laugfs Gas's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

	Receivables Turnover (A: Mar. 2025 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Mar. 2025 )	/ (	(Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )
=	31199.517	/ (	(3883.889	+	4405.413)	/	2 )
=	31199.517	/	4144.651
=	7.53

Laugfs Gas's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	13260.751	/ (	(3907.545	+	4405.413)	/	2 )
=	13260.751	/	4156.479
=	3.19

Laugfs Gas (COL:LGL.X0000) 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.

Laugfs Gas Receivables Turnover Related Terms

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Laugfs Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Laugfs Gas PLC (COL:LGL.X0000) » Definitions » Receivables Turnover

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LGL.N0000:Sri Lanka

Address

No. 101, Maya Avenue, Colombo, LKA, 06

Website

https://www.laugfsgas.lk

Laugfs Gas PLC is engaged in the sale of liquefied petroleum gas. The company offers LPG for industrial, commercial, and domestic purposes in Sri Lanka. It operates through the following business segments: Energy, Property, Trading, and Transportation & Logistics. It generates the majority of revenue from the Energy segment. The energy segment includes the Selling of Liquefied Petroleum Gas and other related products. The property segment includes the Operation of a commercial property given on rent at Kirullapone. The transportation & Logistics segment includes the Operation of vessels and providing marine cargo services and the Operation of an LPG storage terminal. Geographically it operates in Sri Lanka and Bangladesh, out of which the majority is from Sri Lanka.

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