TGC No 2 PJSC (MIC:TGKB) Receivables Turnover : 5.46 (As of Jun. 2023)

TGC No 2 PJSC Receivables Turnover Chart

TGC No 2 PJSC Annual Data
	Trend	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Receivables Turnover		Get a 7-Day Free Trial					6.61	7.37	7.02	7.15	7.27

TGC No 2 PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Receivables Turnover	Get a 7-Day Free Trial															4.85	3.49	4.71	4.08	5.46

Competitive Comparison of TGC No 2 PJSC's Receivables Turnover

For the Utilities - Independent Power Producers subindustry, TGC No 2 PJSC'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.

TGC No 2 PJSC's Receivables Turnover Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TGC No 2 PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where TGC No 2 PJSC's Receivables Turnover falls into.

TGC No 2 PJSC Receivables Turnover Calculation

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

TGC No 2 PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

TGC No 2 PJSC's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

* 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.

TGC No 2 PJSC  (MIC:TGKB) 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.

TGC No 2 PJSC Receivables Turnover Related Terms

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TGC No 2 PJSC (MIC:TGKB) Business Description