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. Seacrest Petroleo Bermuda's Revenue for the
three
months ended in Sep. 2024 was kr443 Mil. Seacrest Petroleo Bermuda's average Accounts Receivable for the
three
months ended in Sep. 2024 was kr0 Mil.
Hence, Seacrest Petroleo Bermuda's Receivables Turnover for the
three
months ended in Sep. 2024 was 2,531.34.
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.
Seacrest Petroleo Bermuda Receivables Turnover Related Terms
Seacrest Petroleo Bermuda Receivables Turnover Historical Data
* 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.
CHIX:SEAPTO vs COP, EOG, OXY: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Seacrest Petroleo Bermuda'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.
Seacrest Petroleo Bermuda Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Seacrest Petroleo Bermuda's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Seacrest Petroleo Bermuda'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.
What does a Receivables Turnover of 2,531.34 mean?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a Receivables Turnover of 2,531.34 as of Sep. 2024. 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 Seacrest Petroleo Bermuda and its competitors.
Is Seacrest Petroleo Bermuda's Receivables Turnover too high?
Seacrest Petroleo Bermuda's current Receivables Turnover is 2,531.34. The Oil & Gas industry median Receivables Turnover is 7.97. Seacrest Petroleo Bermuda's value of 2,531.34 is 31680.8% above this industry median. Overall, Seacrest Petroleo Bermuda has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Seacrest Petroleo Bermuda's Receivables Turnover compare to COP and EOG?
Seacrest Petroleo Bermuda's Receivables Turnover of 2,531.34 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.97. Seacrest Petroleo Bermuda's value of 2,531.34 is 31680.8% 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 7.97, based on 890 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. Seacrest Petroleo Bermuda's current Receivables Turnover of 2,531.34 is 31680.8% 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 Seacrest Petroleo Bermuda and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seacrest Petroleo Bermuda's current Receivables Turnover is 2,531.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seacrest Petroleo Bermuda stock overvalued right now?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a current Receivables Turnover of 2,531.34. The current Receivables Turnover is 2,531.34 and 31680.8% above the Oil & Gas industry median of 7.97. Seacrest Petroleo Bermuda's overall GF Score™ is 6/100. 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 Seacrest Petroleo Bermuda (CHIX:SEAPTO), the current Receivables Turnover is 2,531.34 as of Sep. 2024. 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.
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).
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