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Schlumberger (BUE:SLB) Receivables Turnover : 1.05 (As of Mar. 2025)


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What is Schlumberger 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. Schlumberger's Revenue for the three months ended in Mar. 2025 was ARS9,050,654 Mil. Schlumberger's average Accounts Receivable for the three months ended in Mar. 2025 was ARS8,631,646 Mil. Hence, Schlumberger's Receivables Turnover for the three months ended in Mar. 2025 was 1.05.


Schlumberger Receivables Turnover Historical Data

The historical data trend for Schlumberger'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.

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Schlumberger Receivables Turnover Chart

Schlumberger Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.32 4.81 5.64 6.05 6.72

Schlumberger Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only 1.51 1.12 1.12 1.18 1.05

Competitive Comparison of Schlumberger's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, Schlumberger'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.


Schlumberger's Receivables Turnover Distribution in the Oil & Gas Industry

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

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


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Schlumberger Receivables Turnover Calculation

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

Schlumberger's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=36651890.367 / ((2820132.003 + 8091110.081) / 2 )
=36651890.367 / 5455621.042
=6.72

Schlumberger's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=9050653.598 / ((8091110.081 + 9172181.809) / 2 )
=9050653.598 / 8631645.945
=1.05

* 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.


Schlumberger  (BUE:SLB) 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.


Schlumberger Receivables Turnover Related Terms

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Schlumberger Business Description

Address
5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB is the world's premier oilfield-services company as measured by market share. While the industry is mostly fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies it operates in. Also known as Schlumberger, the company was founded in 1926 by two brothers bearing the same last name. Today it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: its core, digital, and new energy businesses. Over three fourths of its revenue base is tied to international markets, while the company boasts roughly $3 billion in digital-related revenue.