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Nova Empire PCLBKK:NOVA +3.70%45 Receivables Turnover is 2.37 as of Jun. 2026. GuruFocus rates BKK:NOVA with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 896 Oil & Gas companies, Nova Empire PCL ranks better than 66.41% on this metric.
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. Nova Empire PCL's Revenue for the
three
months ended in Jun. 2026 was ฿184.6 Mil. Nova Empire PCL's average Accounts Receivable for the
three
months ended in Jun. 2026 was ฿77.8 Mil.
Hence, Nova Empire PCL's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.37.
Nova Empire PCL (BKK:NOVA) 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.
Nova Empire PCL Receivables Turnover Related Terms
Nova Empire PCL Receivables Turnover Historical Data
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The historical data trend for Nova Empire PCL'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.
BKK:NOVA vs WMB, EPD, ET: Receivables Turnover Comparison
For the Oil & Gas Midstream subindustry, Nova Empire PCL'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.
Nova Empire PCL Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nova Empire PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nova Empire PCL's Receivables Turnover falls into.
* 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.
Nova Empire PCL (BKK:NOVA) has a Receivables Turnover of 2.37 as of Jun. 2026. The accounts 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. View historical data on Nova Empire PCL and its competitors. According to the industry distribution chart, Nova Empire PCL ranks #301 out of 896 companies in the Oil & Gas industry, placing it in the top 33.6%.
Is Nova Empire PCL's Receivables Turnover too high?
Nova Empire PCL's current Receivables Turnover is 2.37. The Oil & Gas industry median Receivables Turnover is 8.05. Nova Empire PCL's value of 2.37 is 70.5% below this industry median. Based on the distribution chart, Nova Empire PCL ranks #301 out of 896 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Nova Empire PCL has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Nova Empire PCL's Receivables Turnover compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Nova Empire PCL ranks #301 out of 896 companies for Receivables Turnover. This puts Nova Empire PCL in the upper half of its industry. The industry median Receivables Turnover is 8.05. Nova Empire PCL's value of 2.37 is 70.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.05, based on 896 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nova Empire PCL's current Receivables Turnover of 2.37 is 70.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Nova Empire PCL and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Empire PCL's current Receivables Turnover is 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Empire PCL stock overvalued right now?
Nova Empire PCL (BKK:NOVA) has a current Receivables Turnover of 2.37. The current Receivables Turnover is 2.37 and 70.5% below the Oil & Gas industry median of 8.05. Nova Empire PCL's overall GF Score™ is 45/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Nova Empire PCL (BKK:NOVA), the current Receivables Turnover is 2.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Nova Empire PCL operates in the investment activity. The company has two operating segments: the solar power segment and the offshore services segment in the oil and natural gas industry. The company operates in Thailand only.
45GF Score
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