What is National Fuel Gas Co 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. National Fuel Gas Co's Revenue for the
three
months ended in Dec. 2023 was $525 Mil. National Fuel Gas Co's average Accounts Receivable for the
three
months ended in Dec. 2023 was $175 Mil.
Hence, National Fuel Gas Co's Receivables Turnover for the
three
months ended in Dec. 2023 was 3.00.
National Fuel Gas Co Receivables Turnover Historical Data
The historical data trend for National Fuel Gas Co'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 National Fuel Gas Co's Receivables Turnover
For the Oil & Gas Integrated subindustry, National Fuel Gas Co'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.
National Fuel Gas Co's Receivables Turnover Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Fuel Gas Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where National Fuel Gas Co's Receivables Turnover falls into.
National Fuel Gas Co Receivables Turnover Calculation
Receivables Turnover measures the number of times a company collects its average accounts receivable balance.
National Fuel Gas Co's Receivables Turnover for the fiscal year that ended in Sep. 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.
National Fuel Gas Co (NYSE:NFG) 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.
National Fuel Gas Co Receivables Turnover Related Terms
Thank you for viewing the detailed overview of National Fuel Gas Co's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
National Fuel Gas Co (National Fuel Gas Co) Business Description
National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. Geographically it generates revenue from the United States and majorly it generates revenue from Exploration and Production segment.
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