PetroChina (PTR)
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PetroChina Receivables Turnover Quarterly Chart
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PetroChina Historical Receivables Turnover Quarterly Data
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About Receivables Turnover Ratio
The receivable turnover ratio quantifies a company's ability to collect liabilities/debts. It helps investors gauge the efficiency of a company's collection and credit policies.
A high ratio value indicates an efficient and effective credit policy, and a low ratio indicates a debt collection problem.
The way to read the receivables turnover ratio is as follows. Assume that a company has a receivables turnover ratio of 10. We say that "the company turns over its receivables 10 times during the year." In other words, on average the company collects its outstanding receivables 10 times per year.
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PTR Receivables Turnover Quarterly Benchmarks
| Companies | |
|---|---|
| China Petroleum & Chemical Corporation | Go Pro |
| Exxon Mobil Corporation | Go Pro |
| CNOOC | Go Pro |
PTR Receivables Turnover Quarterly Rankings
| Overall |
95th percentile 349 of 7963 |
| Sector |
95th percentile 17 of 411 in Energy |
| Industry |
93rd percentile 2 of 33 in Oil & Gas Integrated |
PTR Receivables Turnover Quarterly Range, Past 5 Years
| Minimum | Go Pro | Jun 2012 |
| Maximum | Go Pro | Dec 2009 |
| Average | Go Pro |