Stonehorse Energy (ASX:SHE) Receivables Turnover : 2.53 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Stonehorse 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. Stonehorse Energy's Revenue for the six months ended in Dec. 2023 was A$1.25 Mil. Stonehorse Energy's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.49 Mil. Hence, Stonehorse Energy's Receivables Turnover for the six months ended in Dec. 2023 was 2.53.

Stonehorse Energy Receivables Turnover Historical Data

The historical data trend for Stonehorse 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.

Stonehorse Energy Receivables Turnover Chart

Stonehorse Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Receivables Turnover

Get a 7-Day Free Trial

Stonehorse Energy 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															175.50	377.93	322.78	137.89	2.53

Competitive Comparison of Stonehorse Energy's Receivables Turnover

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

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

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

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

Stonehorse Energy Receivables Turnover Calculation

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

Stonehorse Energy's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Receivables Turnover (A: Jun. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Jun. 2023 )	/ (	(Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )
=	4.146	/ (	(0	+	0)	/	1 )
=	4.146	/	0
=	N/A

Stonehorse Energy'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 )
=	1.249	/ (	(0	+	0.494)	/	1 )
=	1.249	/	0.494
=	2.53

Stonehorse Energy (ASX:SHE) 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.

Stonehorse Energy Receivables Turnover Related Terms

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

Stonehorse Energy (ASX:SHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Stonehorse Energy Ltd (ASX:SHE) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

182 Claisebrook Road, Suite 4, Perth, WA, AUS, 6000

Website

https://www.stonehorseenergy.com

Stonehorse Energy Ltd is engaged in the oil and gas industry. The company operates in two segments: Oil & Gas Exploration, which is the key revenue generator, and the Corporate segment. Geographically, It is managed mainly on the basis of its oil & gas interests in the USA and its corporate activities in Australia.