BlackPearl Resources (BlackPearl Resources) Receivables Turnover : 2.58 (As of Sep. 2018)

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

What is BlackPearl Resources 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. BlackPearl Resources's Revenue for the three months ended in Sep. 2018 was $39.7 Mil. BlackPearl Resources's average Accounts Receivable for the three months ended in Sep. 2018 was $15.4 Mil. Hence, BlackPearl Resources's Receivables Turnover for the three months ended in Sep. 2018 was 2.58.

BlackPearl Resources Receivables Turnover Historical Data

The historical data trend for BlackPearl Resources'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.

BlackPearl Resources Receivables Turnover Chart

BlackPearl Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Receivables Turnover

Get a 7-Day Free Trial

14.76

15.12

9.24

11.30

BlackPearl Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Receivables Turnover	Get a 7-Day Free Trial															1.99	2.71	1.78	1.93	2.58

Competitive Comparison of BlackPearl Resources's Receivables Turnover

For the Oil & Gas E&P subindustry, BlackPearl Resources'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.

BlackPearl Resources's Receivables Turnover Distribution in the Oil & Gas Industry

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

* The bar in red indicates where BlackPearl Resources's Receivables Turnover falls into.

BlackPearl Resources Receivables Turnover Calculation

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

BlackPearl Resources's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Receivables Turnover (A: Dec. 2017 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2017 )	/ (	(Accounts Receivable (A: Dec. 2016 )	+	Accounts Receivable (A: Dec. 2017 ))	/	count )
=	118.909	/ (	(9.9	+	11.14)	/	2 )
=	118.909	/	10.52
=	11.30

BlackPearl Resources's Receivables Turnover for the quarter that ended in Sep. 2018 is calculated as

	Receivables Turnover (Q: Sep. 2018 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Sep. 2018 )	/ (	(Accounts Receivable (Q: Jun. 2018 )	+	Accounts Receivable (Q: Sep. 2018 ))	/	count )
=	39.695	/ (	(16.372	+	14.407)	/	2 )
=	39.695	/	15.3895
=	2.58

BlackPearl Resources (OTCPK:BLKPF) 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.

BlackPearl Resources Receivables Turnover Related Terms

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

BlackPearl Resources (BlackPearl Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BlackPearl Resources Inc (OTCPK:BLKPF) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.blackpearlresources.ca

BlackPearl Resources Inc is a Canada-based oil and natural gas company, which is engaged in the business of oil and gas exploration, development and production in North America. Its core properties include Onion Lake, Saskatchewan, which is a conventional heavy oil property, as well as a thermal enhanced oil recovery project. It holds working interests, located in the Onion Lake area of Saskatchewan. It has ongoing operations and production in other areas of Alberta and Saskatchewan, including Reita Lake, Portage, Fishing Lake, Salt Lake, and Unity.

BlackPearl Resources (BlackPearl Resources) Headlines

From GuruFocus

Updated Share Capital and Voting Rights for BlackPearl

By GlobeNewswire GlobeNewswire • 03-29-2018