ZaZa Energy (ZaZa Energy) Receivables Turnover : 1.84 (As of Jun. 2015)

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What is ZaZa 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. ZaZa Energy's Revenue for the three months ended in Jun. 2015 was $1.07 Mil. ZaZa Energy's average Accounts Receivable for the three months ended in Jun. 2015 was $0.58 Mil. Hence, ZaZa Energy's Receivables Turnover for the three months ended in Jun. 2015 was 1.84.

ZaZa Energy Receivables Turnover Historical Data

The historical data trend for ZaZa 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.

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ZaZa Energy Receivables Turnover Chart

ZaZa Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Receivables Turnover

3.70

0.86

10.47

5.59

7.79

ZaZa Energy Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Receivables Turnover	Get a 7-Day Free Trial															1.49	1.30	1.47	1.23	1.84

Competitive Comparison of ZaZa Energy's Receivables Turnover

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

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

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

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

ZaZa Energy Receivables Turnover Calculation

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

ZaZa Energy's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Receivables Turnover (A: Dec. 2014 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2014 )	/ (	(Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )
=	11.48	/ (	(1.822	+	1.124)	/	2 )
=	11.48	/	1.473
=	7.79

ZaZa Energy's Receivables Turnover for the quarter that ended in Jun. 2015 is calculated as

	Receivables Turnover (Q: Jun. 2015 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2015 )	/ (	(Accounts Receivable (Q: Mar. 2015 )	+	Accounts Receivable (Q: Jun. 2015 ))	/	count )
=	1.073	/ (	(0.947	+	0.221)	/	2 )
=	1.073	/	0.584
=	1.84

ZaZa Energy (GREY:ZAZA) 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.

ZaZa Energy Receivables Turnover Related Terms

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ZaZa Energy (ZaZa Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ZaZa Energy Corp (GREY:ZAZA) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

1301 McKinney Street, Suite 2800, Houston, TX, USA, 77010

Website

http://www.zazaenergy.com

ZaZa Energy Corp is an independent oil and gas company. The Company is focused on the exploration and production of unconventional and conventional oil and gas assets. It operates primarily through joint ventures in the Eagle Ford East trend in East Texas and the Eagle Ford trend in South Texas.

ZaZa Energy (ZaZa Energy) Headlines

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