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Cvr Energy inc  (CVI)
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Cvr Energy Inc Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Cvr Energy Inc's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 30.02, above the company average. This is a clear sign of healthy business climate in the Oil & Gas Integrated Operations industry and improving liquidity at their respective customers, during the forth quarter 2023. Average collection period, for Cvr Energy Inc's accounts receivable remained unchanged at 12 days, in the Dec 31 2023 quarter.

If we take a look into Energy sector 6 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 70, from overall ranking in the third quarter 2023 at 452.

What is Receivable Turnover Ratio?
What is Cvr Energy Inc Selling?


What is Receivable Turnover Ratio?




CVI Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -20.11 % -1.25 % -28.23 % -6.52 % 19.73 %
Y / Y Revenue Change -17.8 % -6.56 % -28.88 % -3.67 % -49.99 %
Receivable Turnover Ratio (TTM) 30.02 29.83 30.28 30.32 30.08
CVI's Total Ranking # 70 # 452 # 380 # 72 # 183
Average receivable collection period 12 12 12 12 12
Seq. Receivable Change -9.49 % 5.33 % -9.09 % -7.82 % 11.88 %
Seq. Revenue Change -12.65 % 12.79 % -2.19 % -14.7 % -0.7 %


Receivable Turnover Company Ranking
Within: No.
Oil & Gas Integrated Operations Industry # 4
Energy Sector # 7
Overall Market # 70

Receivable Turnover Ratio Statistics
High Average Low
3.17 1.9 1.2
(Sep 30 2022)   (Dec 31 2017)






Financial Statements
Cvr Energy Inc's Accounts Receivable $ 286 Millions Visit CVI's Balance sheet
Cvr Energy Inc's Sales TTM $ 9,247 Millions Visit CVI's Income Statement
Where are CVI's Sales coming from? Visit CVI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Oil & Gas Integrated Operations Industry Accounts Receivable Turnover Trends and Statistics
Energy Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CVI's Receivable Turnover Ratio versus Oil & Gas Integrated Operations Industry, Energy Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for CVI's Competitors
Receivables Turnover Ratio for CVI's Suppliers
Accounts Receivables Turnover Ratio for CVI's Customers

You may also want to know
CVI's Growth Rates CVI's Roa CVI's Inventory Turnover Ratio CVI's Dividend Comparisons
CVI's Profitability Ratios CVI's Roi CVI's Asset Turnover Ratio CVI's Dividend Growth
CVI's Valuation Ratios CVI's Roe CVI's Financial Strength Ratios CVI's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Energy Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Vertex Energy Inc   69.26 $ 3,149.173  Millions$ 45.471  Millions
Hess Corporation  68.03 $ 10,511.000  Millions$ 154.500  Millions
Gran Tierra Energy Inc   49.10 $ 636.643  Millions$ 12.966  Millions
Global Partners lp  33.50 $ 16,492.174  Millions$ 492.289  Millions
Cvr Energy inc  30.02 $ 9,247.000  Millions$ 308.000  Millions
Sunoco Lp  29.60 $ 23,068.000  Millions$ 779.250  Millions
Cnx Resources Corporation  28.71 $ 3,434.948  Millions$ 119.660  Millions
Equinor Asa  28.10 $ 107,174.000  Millions$ 3,814.000  Millions
Pbf Energy Inc   27.88 $ 38,324.800  Millions$ 1,374.650  Millions
Woodside Energy Group Ltd  27.23 $ 13,994.000  Millions$ 514.000  Millions
Hallador Energy Co  26.65 $ 634.480  Millions$ 23.804  Millions
Par Pacific Holdings Inc   20.91 $ 8,231.955  Millions$ 393.619  Millions
Ckx Lands Inc   17.90 $ 1.486  Millions$ 0.083  Millions
Delek Us Holdings Inc   17.80 $ 16,917.400  Millions$ 950.475  Millions
World Kinect Corporation  17.21 $ 47,710.600  Millions$ 2,772.050  Millions
Consol Energy Inc   16.33 $ 2,568.877  Millions$ 157.286  Millions
Adams Resources and Energy Inc   15.66 $ 2,745.293  Millions$ 175.274  Millions
Phillips 66  15.29 $ 147,399.000  Millions$ 9,643.250  Millions
Kosmos Energy ltd   15.20 $ 1,701.608  Millions$ 111.951  Millions
Gulfport Energy Corp  13.86 $ 1,791.702  Millions$ 129.240  Millions
Peabody Energy Corp  13.57 $ 4,946.700  Millions$ 364.575  Millions
Tellurian Inc   13.43 $ 166.128  Millions$ 12.373  Millions
Marathon Petroleum Corporation  13.34 $ 148,379.000  Millions$ 11,126.250  Millions
Valero Energy Corp  12.68 $ 144,766.000  Millions$ 11,416.750  Millions
Chesapeake Energy Corporation  12.40 $ 8,721.000  Millions$ 703.250  Millions
Martin Midstream Partners L p   12.27 $ 797.963  Millions$ 65.047  Millions
Pioneer Natural Resources Co  12.21 $ 19,362.000  Millions$ 1,586.250  Millions
Shell Plc  12.17 $ 316,620.000  Millions$ 26,019.000  Millions
California Resources Corp  11.26 $ 2,801.000  Millions$ 248.750  Millions
Callon Petroleum Co  11.10 $ 2,342.984  Millions$ 211.000  Millions

Date modified: 2024-02-22T09:14:32+00:00



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