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Blackbird Energy (FRA:4BB) Receivables Turnover : 4.51 (As of Oct. 2018)


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What is Blackbird 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. Blackbird Energy's Revenue for the three months ended in Oct. 2018 was €4.95 Mil. Blackbird Energy's average Accounts Receivable for the three months ended in Oct. 2018 was €1.10 Mil. Hence, Blackbird Energy's Receivables Turnover for the three months ended in Oct. 2018 was 4.51.


Blackbird Energy Receivables Turnover Historical Data

The historical data trend for Blackbird 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.

* Premium members only.

Blackbird Energy Receivables Turnover Chart

Blackbird Energy Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.54 0.16 17.78 29.17

Blackbird Energy Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 1.41 2.07 2.34 3.15 4.51

Competitive Comparison of Blackbird Energy's Receivables Turnover

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


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

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

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



Blackbird Energy Receivables Turnover Calculation

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

Blackbird Energy's Receivables Turnover for the fiscal year that ended in Jul. 2018 is calculated as

Receivables Turnover (A: Jul. 2018 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2018 ) / ((Accounts Receivable (A: Jul. 2017 ) + Accounts Receivable (A: Jul. 2018 )) / count )
=13.272 / ((0.424 + 0.486) / 2 )
=13.272 / 0.455
=29.17

Blackbird Energy's Receivables Turnover for the quarter that ended in Oct. 2018 is calculated as

Receivables Turnover (Q: Oct. 2018 )
=Revenue / Average Total Inventories
=Revenue (Q: Oct. 2018 ) / ((Accounts Receivable (Q: Jul. 2018 ) + Accounts Receivable (Q: Oct. 2018 )) / count )
=4.949 / ((0.486 + 1.71) / 2 )
=4.949 / 1.098
=4.51

* 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.


Blackbird Energy  (FRA:4BB) 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.


Blackbird Energy Receivables Turnover Related Terms

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Blackbird Energy (FRA:4BB) Business Description

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Blackbird Energy Inc is an oil and gas exploration and development company. It focuses on the condensate and liquids-rich Montney fairway at Pipestone / Elmworth, near Grande Prairie, Alberta. The company operates in the upstream oil and natural gas industry with operations in Canada. All revenues are derived from operations within Canada.

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