Murphy USA (FRA:1MU) Receivables Turnover : 13.53 (As of Mar. 2024)

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What is Murphy USA 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. Murphy USA's Revenue for the three months ended in Mar. 2024 was €4,456 Mil. Murphy USA's average Accounts Receivable for the three months ended in Mar. 2024 was €329 Mil. Hence, Murphy USA's Receivables Turnover for the three months ended in Mar. 2024 was 13.53.

Murphy USA Receivables Turnover Historical Data

The historical data trend for Murphy USA'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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Murphy USA Receivables Turnover Chart

Murphy USA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

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91.00

62.91

98.50

100.81

68.71

Murphy USA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															18.48	20.74	18.98	14.73	13.53

Competitive Comparison of Murphy USA's Receivables Turnover

For the Specialty Retail subindustry, Murphy USA'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.

Murphy USA's Receivables Turnover Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Murphy USA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Murphy USA's Receivables Turnover falls into.

Murphy USA Receivables Turnover Calculation

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

Murphy USA'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 )
=	19742.46	/ (	(265.925	+	308.754)	/	2 )
=	19742.46	/	287.3395
=	68.71

Murphy USA's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	4456.204	/ (	(308.754	+	350.06)	/	2 )
=	4456.204	/	329.407
=	13.53

Murphy USA (FRA:1MU) 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.

Murphy USA Receivables Turnover Related Terms

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Murphy USA (FRA:1MU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Murphy USA Inc (FRA:1MU) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

MUSA:USA

Address

200 Peach Street, El Dorado, AR, USA, 71730-5836

Website

https://www.murphyusa.com

Murphy USA Inc is an American retailer of gasoline products and convenience-store merchandise operating in the United States. The stores are 100% company-operated and 90% company-owned; most are adjacent to Walmart stores. The business also contains product supply and wholesale assets, such as product distribution terminals and pipelines. Murphy is positioned in the market as a low-price, high-volume fuel retailer selling through low-cost kiosks and small stores. The stores adjacent to Walmart offer a discount program. The amount of the discount offered can vary based on many factors, including state laws.

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