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. Caspian Services's Revenue for the
three
months ended in Jun. 2016 was $5.01 Mil. Caspian Services's average Accounts Receivable for the
three
months ended in Jun. 2016 was $4.26 Mil.
Hence, Caspian Services's Receivables Turnover for the
three
months ended in Jun. 2016 was 1.18.
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.
Caspian Services Receivables Turnover Related Terms
Caspian Services Receivables Turnover Historical Data
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The historical data trend for Caspian Services'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.
CSSV vs GLRI, TIRTZ, GLFH: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.
Caspian Services Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Caspian Services's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Caspian Services'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.
Caspian Services (CSSV) has a Receivables Turnover of 1.18 as of Jun. 2016. 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 Caspian Services and its competitors.
Is Caspian Services' Receivables Turnover too high?
Caspian Services' current Receivables Turnover is 1.18. The Oil & Gas industry median Receivables Turnover is 7.94. Caspian Services' value of 1.18 is 85.1% below this industry median.
How does Caspian Services' Receivables Turnover compare to GLRI and TIRTZ?
Caspian Services' Receivables Turnover of 1.18 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.94. Caspian Services' value of 1.18 is 85.1% 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 7.94, based on 891 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. Caspian Services's current Receivables Turnover of 1.18 is 85.1% 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 Caspian Services and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caspian Services's current Receivables Turnover is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current Receivables Turnover of 1.18. The current Receivables Turnover is 1.18 and 85.1% below the Oil & Gas industry median of 7.94. 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 Caspian Services (CSSV), the current Receivables Turnover is 1.18 as of Jun. 2016. 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.
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.
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