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Raysut Cement CoOG (MUS:RCCI) Receivables Turnover : 0.87 (As of Mar. 2022)


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What is Raysut Cement CoOG 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. Raysut Cement CoOG's Revenue for the three months ended in Mar. 2022 was ر.ع18.74 Mil. Raysut Cement CoOG's average Accounts Receivable for the three months ended in Mar. 2022 was ر.ع21.44 Mil. Hence, Raysut Cement CoOG's Receivables Turnover for the three months ended in Mar. 2022 was 0.87.


Raysut Cement CoOG Receivables Turnover Historical Data

The historical data trend for Raysut Cement CoOG'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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Raysut Cement CoOG Receivables Turnover Chart

Raysut Cement CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.43 3.79 3.99 4.71 5.61

Raysut Cement CoOG Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Dec22
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 0.78 0.87 0.72 0.87 -

Competitive Comparison of Raysut Cement CoOG's Receivables Turnover

For the Building Materials subindustry, Raysut Cement CoOG'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.


Raysut Cement CoOG's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Raysut Cement CoOG's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Raysut Cement CoOG's Receivables Turnover falls into.



Raysut Cement CoOG Receivables Turnover Calculation

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

Raysut Cement CoOG's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=69.045 / ((20.445 + 4.167) / 2 )
=69.045 / 12.306
=5.61

Raysut Cement CoOG's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=18.738 / ((20.445 + 22.434) / 2 )
=18.738 / 21.4395
=0.87

* 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.


Raysut Cement CoOG  (MUS:RCCI) 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.


Raysut Cement CoOG Receivables Turnover Related Terms

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Raysut Cement CoOG (MUS:RCCI) Business Description

Traded in Other Exchanges
N/A
Address
Raysut Industrial Area, P.O.Box 1020, Salalah, OMN, 211
Raysut Cement Co SAOG is engaged in the production and sale of cement in Oman. Its products include portland cement, sulphur resistant cement, oil well class cement and pozzolana well cement. The company sells its products in domestic and international markets including Oman, Yemen, Somalia, Mauritius, Qatar, Iraq, Tanzania and Sudan.

Raysut Cement CoOG (MUS:RCCI) Headlines

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