PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Receivables Turnover : 12.28 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is PJSC Mining & Metallurgical Co Norilsk Nickel 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. PJSC Mining & Metallurgical Co Norilsk Nickel's Revenue for the six months ended in Dec. 2023 was €6,646 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's average Accounts Receivable for the six months ended in Dec. 2023 was €541 Mil. Hence, PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover for the six months ended in Dec. 2023 was 12.28.

PJSC Mining & Metallurgical Co Norilsk Nickel Receivables Turnover Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Receivables Turnover Chart

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

65.10

42.23

49.34

33.80

21.18

PJSC Mining & Metallurgical Co Norilsk Nickel 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															23.23	17.68	11.53	11.92	12.28

Competitive Comparison of PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover

For the Other Industrial Metals & Mining subindustry, PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover falls into.

PJSC Mining & Metallurgical Co Norilsk Nickel Receivables Turnover Calculation

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

PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	13213.053	/ (	(637.2	+	610.722)	/	2 )
=	13213.053	/	623.961
=	21.18

PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

	Receivables Turnover (Q: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Dec. 2023 )	/ (	(Accounts Receivable (Q: Jun. 2023 )	+	Accounts Receivable (Q: Dec. 2023 ))	/	count )
=	6646.416	/ (	(471.653	+	610.722)	/	2 )
=	6646.416	/	541.1875
=	12.28

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) 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.

PJSC Mining & Metallurgical Co Norilsk Nickel Receivables Turnover Related Terms

Thank you for viewing the detailed overview of PJSC Mining & Metallurgical Co Norilsk Nickel's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

GMKN:Russia

Address

15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100

Website

https://www.nornickel.com

PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Headlines

No Headlines