GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mattr Corp (TSX:MATR) » Definitions » Receivables Turnover

Mattr (TSX:MATR) Receivables Turnover : 1.91 (As of Mar. 2025)


View and export this data going back to 1969. Start your Free Trial

What is Mattr 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. Mattr's Revenue for the three months ended in Mar. 2025 was C$320 Mil. Mattr's average Accounts Receivable for the three months ended in Mar. 2025 was C$168 Mil. Hence, Mattr's Receivables Turnover for the three months ended in Mar. 2025 was 1.91.

Mattr Receivables Turnover Historical Data

The historical data trend for Mattr'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.

Mattr Receivables Turnover Chart

Mattr Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.10 6.89 4.79 5.26 6.37

Mattr 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 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 1.27 1.30 1.14 1.24 1.91

Competitive Comparison of Mattr's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Mattr'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.

Mattr's Receivables Turnover Distribution in the Oil & Gas Industry

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

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


;
;

Mattr Receivables Turnover Calculation

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

Mattr's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=885.317 / ((139.035 + 138.803) / 2 )
=885.317 / 138.919
=6.37

Mattr'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 )
=320.12 / ((138.803 + 196.638) / 2 )
=320.12 / 167.7205
=1.91

* 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.

Mattr  (TSX:MATR) 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.

Mattr Receivables Turnover Related Terms

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

Mattr Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mattr Corp (TSX:MATR) » Definitions » Receivables Turnover
Comparable Companies
TSX:NOA TSX:TCW TSX:PSI TSX:TOT TSX:STEP TSX:CFW TSX:SHLE TSX:EFX TSX:PSD TSX:E SLB BKR MIL:TEN HAL FTI XPAR:TE XPAR:GTT SHSE:601808 SHSE:600968 OSL:SUBC
Traded in Other Exchanges
MTTRF:USA Y6R:Germany Y6R:Germany
Address
25 Bethridge Road, Toronto, ON, CAN, M9W 1M7
Website
https://www.mattr.com
Mattr Corp is a materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed manufacturing and service facilities. Its business segments are Composite Technologies and Connection Technologies. A majority of its revenue is generated from the Composite Technologies segment which manufactures flexible composite pipes used predominantly for oil and gas gathering lines, and other applications operating under the Flexpipe brand. Under the Xerxes brand, this segment also manufactures FRP underground storage tanks for retail fuel and other markets. Geographically, the company derives maximum revenue from the United States of America.
Executives
Laura Ann Cillis Director
Alan Roy Hibben Director
Kevin Nugent Director
Shannon Kara Glover Senior Officer
Thomas Ray Holloway Senior Officer
Michael Edward Reeves Senior Officer
Frank Cistrone Senior Officer