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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. CoJax Oil & Gas's Revenue for the
three
months ended in Mar. 2026 was $0.11 Mil. CoJax Oil & Gas's average Accounts Receivable for the
three
months ended in Mar. 2026 was $0.12 Mil.
Hence, CoJax Oil & Gas's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.94.
CoJax Oil & Gas (OTCPK:CJAX) 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.
CoJax Oil & Gas Receivables Turnover Related Terms
CoJax Oil & Gas Receivables Turnover Historical Data
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The historical data trend for CoJax Oil & Gas'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.
CJAX vs VOC, PRT, CRT: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, CoJax Oil & Gas'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.
CoJax Oil & Gas Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CoJax Oil & Gas's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CoJax Oil & Gas'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.
CoJax Oil & Gas (CJAX) has a Receivables Turnover of 0.94 as of Mar. 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 CoJax Oil & Gas and its competitors.
Is CoJax Oil & Gas' Receivables Turnover too high?
CoJax Oil & Gas' current Receivables Turnover is 0.94. The Oil & Gas industry median Receivables Turnover is 7.95. CoJax Oil & Gas' value of 0.94 is 88.2% below this industry median. Overall, CoJax Oil & Gas has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does CoJax Oil & Gas' Receivables Turnover compare to VOC and PRT?
CoJax Oil & Gas' Receivables Turnover of 0.94 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.95. CoJax Oil & Gas' value of 0.94 is 88.2% 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 7.95, 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. CoJax Oil & Gas's current Receivables Turnover of 0.94 is 88.2% 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 CoJax Oil & Gas and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CoJax Oil & Gas's current Receivables Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoJax Oil & Gas stock overvalued right now?
CoJax Oil & Gas (CJAX) has a current Receivables Turnover of 0.94. The stock's GF Value™ is $1.74, compared to a current price of $3.55 — trading 104% above its estimated fair value. The current Receivables Turnover is 0.94 and 88.2% below the Oil & Gas industry median of 7.95. CoJax Oil & Gas' overall GF Score™ is 9/100 with 4 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 CoJax Oil & Gas (CJAX), the current Receivables Turnover is 0.94 as of Mar. 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.
Is CoJax Oil & Gas (CJAX) Overvalued in 2026?
Based on GuruFocus' analysis, CoJax Oil & Gas stock appears to be overvalued.
The current stock price of $3.55 is trading 104% above its estimated GF Value™ of $1.74.
Key valuation signals for CJAX:
Receivables Turnover: 0.94
GF Value™: $1.74 vs. price of $3.55 (104% above fair value)
Industry Position: 88.2% below the Oil & Gas median
No single metric tells the full story. See the CJAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States. It generates maximum revenue from Crude oil.
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