GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Channel Infrastructure NZ Ltd (NZSE:CHI) » Definitions » Receivables Turnover

Channel Infrastructure NZ (NZSE:CHI) Receivables Turnover : 3.57 (As of Dec. 2023)


View and export this data going back to 1962. Start your Free Trial

What is Channel Infrastructure NZ 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. Channel Infrastructure NZ's Revenue for the six months ended in Dec. 2023 was NZ$69.5 Mil. Channel Infrastructure NZ's average Accounts Receivable for the six months ended in Dec. 2023 was NZ$19.5 Mil. Hence, Channel Infrastructure NZ's Receivables Turnover for the six months ended in Dec. 2023 was 3.57.


Channel Infrastructure NZ Receivables Turnover Historical Data

The historical data trend for Channel Infrastructure NZ'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.

Channel Infrastructure NZ Receivables Turnover Chart

Channel Infrastructure NZ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.64 7.10

Channel Infrastructure NZ 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 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 0.84 1.10 2.68 3.05 3.57

Competitive Comparison of Channel Infrastructure NZ's Receivables Turnover

For the Oil & Gas Refining & Marketing subindustry, Channel Infrastructure NZ'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.


Channel Infrastructure NZ's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Channel Infrastructure NZ's Receivables Turnover falls into.



Channel Infrastructure NZ Receivables Turnover Calculation

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

Channel Infrastructure NZ'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 )
=130.703 / ((19.005 + 17.792) / 2 )
=130.703 / 18.3985
=7.10

Channel Infrastructure NZ'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 )
=69.531 / ((21.118 + 17.792) / 2 )
=69.531 / 19.455
=3.57

* 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.


Channel Infrastructure NZ  (NZSE:CHI) 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.


Channel Infrastructure NZ Receivables Turnover Related Terms

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


Channel Infrastructure NZ (NZSE:CHI) Business Description

Traded in Other Exchanges
Address
Private Bag 9024, Ruakaka, Whangarei, NTL, NZL, 0148
Channel Infrastructure NZ Ltd is an independent fuel infrastructure company. The company utilizes the deep-water harbour and jetty infrastructure at Marsden Point to receive, store and distribute imported refined fuel, which is owned by customers.

Channel Infrastructure NZ (NZSE:CHI) Headlines