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. Delek US Holdings's Revenue for the
three
months ended in Dec. 2023 was $4,049 Mil. Delek US Holdings's average Accounts Receivable for the
three
months ended in Dec. 2023 was $975 Mil.
Hence, Delek US Holdings's Receivables Turnover for the
three
months ended in Dec. 2023 was 4.15.
Delek US Holdings Receivables Turnover Historical Data
The historical data trend for Delek US Holdings'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.
Competitive Comparison of Delek US Holdings's Receivables Turnover
For the Oil & Gas Refining & Marketing subindustry, Delek US Holdings'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.
Delek US Holdings's Receivables Turnover Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Delek US Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Delek US Holdings's Receivables Turnover falls into.
Delek US Holdings Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
Delek US Holdings's Receivables Turnover for the fiscal year that ended in Dec. 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.
Delek US Holdings (NYSE:DK) 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.
Delek US Holdings Receivables Turnover Related Terms
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Delek US Holdings (Delek US Holdings) Business Description
Delek US Holdings Inc is an integrated energy business focused on petroleum refining, transportation, and storage; wholesale crude oil, intermediate, and refined products, and convenience store retailing. The company owns and operates independent refineries that produce a variety of petroleum products for transportation and industrial markets in the United States. Delek's logistics segment sells portions of the petroleum products its refineries produce. The logistics segment generates revenue through gathering, transporting, and storing crude oil and intermediate products, as well as by marketing, storing, and distributing refined products. The company also offers a collection of retail fuel and convenience stores operating in the Southeast region of the United States.
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