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Kaymus Resources (TSXV:KYS.H) Receivables Turnover : 1.43 (As of Jan. 2024)


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What is Kaymus Resources 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. Kaymus Resources's Revenue for the three months ended in Jan. 2024 was C$0.01 Mil. Kaymus Resources's average Accounts Receivable for the three months ended in Jan. 2024 was C$0.00 Mil. Hence, Kaymus Resources's Receivables Turnover for the three months ended in Jan. 2024 was 1.43.


Kaymus Resources Receivables Turnover Historical Data

The historical data trend for Kaymus Resources'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.

Kaymus Resources Receivables Turnover Chart

Kaymus Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.50 5.43 4.14 3.63 2.48

Kaymus Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.67 3.00 2.25 1.33 1.43

Competitive Comparison of Kaymus Resources's Receivables Turnover

For the Oil & Gas E&P subindustry, Kaymus Resources'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.


Kaymus Resources's Receivables Turnover Distribution in the Oil & Gas Industry

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

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



Kaymus Resources Receivables Turnover Calculation

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

Kaymus Resources's Receivables Turnover for the fiscal year that ended in Jul. 2023 is calculated as

Receivables Turnover (A: Jul. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Jul. 2023 ) / ((Accounts Receivable (A: Jul. 2022 ) + Accounts Receivable (A: Jul. 2023 )) / count )
=0.031 / ((0.018 + 0.007) / 2 )
=0.031 / 0.0125
=2.48

Kaymus Resources's Receivables Turnover for the quarter that ended in Jan. 2024 is calculated as

Receivables Turnover (Q: Jan. 2024 )
=Revenue / Average Total Inventories
=Revenue (Q: Jan. 2024 ) / ((Accounts Receivable (Q: Oct. 2023 ) + Accounts Receivable (Q: Jan. 2024 )) / count )
=0.005 / ((0.002 + 0.005) / 2 )
=0.005 / 0.0035
=1.43

* 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.


Kaymus Resources  (TSXV:KYS.H) 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.


Kaymus Resources Receivables Turnover Related Terms

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Kaymus Resources (TSXV:KYS.H) Business Description

Traded in Other Exchanges
N/A
Address
715 - 5th Avenue SW, Suite 1530, Calgary, AB, CAN, T2P 2X6
Kaymus Resources Inc is involved in the exploration, acquisition, and development of petroleum and natural gas projects in Alberta, Canada.

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