BMMCF (Kbridge Energy) Receivables Turnover: 10.29 (As of Dec. 2021)

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What is Kbridge Energy Receivables Turnover?

Kbridge Energy BMMCF Receivables Turnover is 10.29 as of Dec. 2021.

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. Kbridge Energy's Revenue for the six months ended in Dec. 2021 was $0.72 Mil. Kbridge Energy's average Accounts Receivable for the six months ended in Dec. 2021 was $0.07 Mil. Hence, Kbridge Energy's Receivables Turnover for the six months ended in Dec. 2021 was 10.29.


Kbridge Energy  (OTCPK:BMMCF) 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.


Kbridge Energy Receivables Turnover Related Terms


Kbridge Energy Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Kbridge Energy'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.

Kbridge Energy Receivables Turnover Chart

Kbridge Energy Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.33 6.63 11.16 9.28 10.29

Kbridge Energy Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.33 6.63 11.16 9.28 10.29

BMMCF vs NOBH, FRME, FFBC: Receivables Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Kbridge Energy'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.


Kbridge Energy Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Kbridge Energy's Receivables Turnover falls into.



Kbridge Energy Receivables Turnover Calculation

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

Kbridge Energy's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=0.715 / ((0.046 + 0.093) / 2 )
=0.715 / 0.0695
=10.29

Kbridge Energy's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=0.715 / ((0.046 + 0.093) / 2 )
=0.715 / 0.0695
=10.29

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 10.29 mean?
Kbridge Energy (BMMCF) has a Receivables Turnover of 10.29 as of Dec. 2021. 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 Kbridge Energy and its competitors.
Is Kbridge Energy's Receivables Turnover too high?
Kbridge Energy's current Receivables Turnover is 10.29. The Oil & Gas industry median Receivables Turnover is 7.98. Kbridge Energy's value of 10.29 is 28.9% above this industry median.
How does Kbridge Energy's Receivables Turnover compare to NOBH and FRME?
Kbridge Energy's Receivables Turnover of 10.29 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. Kbridge Energy's value of 10.29 is 28.9% above 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 7.98, based on 893 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. Kbridge Energy's current Receivables Turnover of 10.29 is 28.9% above 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 Kbridge Energy and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kbridge Energy's current Receivables Turnover is 10.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kbridge Energy stock overvalued right now?
Kbridge Energy (BMMCF) has a current Receivables Turnover of 10.29. The current Receivables Turnover is 10.29 and 28.9% above the Oil & Gas industry median of 7.98. 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 Kbridge Energy (BMMCF), the current Receivables Turnover is 10.29 as of Dec. 2021. 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.

Kbridge Energy Business Description

Industry EnergyOil & Gas
Address 1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Website http://
Kbridge Energy Corp is an oil and gas producing company having operations in Alberta, Canada. It also focuses on providing consulting services to the resource sector.