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Spartan DeltaDALXF +3.29%46 Receivables Turnover is 3.62 as of Jun. 2026. GuruFocus rates DALXF with a GF Score™ of 46/100 and a GF Value™ of $3.69 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 893 Oil & Gas companies, Spartan Delta ranks better than 79.51% on this metric.
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. Spartan Delta's Revenue for the
three
months ended in Jun. 2026 was $136.5 Mil. Spartan Delta's average Accounts Receivable for the
three
months ended in Jun. 2026 was $37.7 Mil.
Hence, Spartan Delta's Receivables Turnover for the
three
months ended in Jun. 2026 was 3.62.
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.
Spartan Delta Receivables Turnover Related Terms
Spartan Delta Receivables Turnover Historical Data
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The historical data trend for Spartan Delta'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.
DALXF vs COP, EOG, FANG: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Spartan Delta'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.
Spartan Delta Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Spartan Delta's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Spartan Delta'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.
Spartan Delta (DALXF) has a Receivables Turnover of 3.62 as of Jun. 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 Spartan Delta and its competitors. According to the industry distribution chart, Spartan Delta ranks #183 out of 893 companies in the Oil & Gas industry, placing it in the top 20.5%.
Is Spartan Delta's Receivables Turnover too high?
Spartan Delta's current Receivables Turnover is 3.62. The Oil & Gas industry median Receivables Turnover is 7.98. Spartan Delta's value of 3.62 is 54.6% below this industry median. Based on the distribution chart, Spartan Delta ranks #183 out of 893 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Spartan Delta has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spartan Delta's Receivables Turnover compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Spartan Delta ranks #183 out of 893 companies for Receivables Turnover. This places Spartan Delta in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.98. Spartan Delta's value of 3.62 is 54.6% 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 7.98, 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. Spartan Delta's current Receivables Turnover of 3.62 is 54.6% 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 Spartan Delta 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. Spartan Delta's current Receivables Turnover is 3.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spartan Delta stock overvalued right now?
Based on GuruFocus' analysis, Spartan Delta (DALXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.69, compared to a current price of $8.53 — trading 131.2% above its estimated fair value. The current Receivables Turnover is 3.62 and 54.6% below the Oil & Gas industry median of 7.98. Spartan Delta's overall GF Score™ is 46/100 with 5 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 Spartan Delta (DALXF), the current Receivables Turnover is 3.62 as of Jun. 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 Spartan Delta (DALXF) Overvalued in 2026?
Based on GuruFocus' analysis, Spartan Delta stock appears to be overvalued.
The current stock price of $8.53 is trading 131.2% above its estimated GF Value™ of $3.69.
GuruFocus considers Spartan Delta to be Significantly Overvalued.
Key valuation signals for DALXF:
Receivables Turnover: 3.62
GF Value™: $3.69 vs. price of $8.53 (131.2% above fair value)
Industry Position: 54.6% below the Oil & Gas median (#183 of 893)
No single metric tells the full story. See the DALXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spartan Delta Corp is an oil and gas exploration and production company. The company is engaged in the exploration, development, and production of crude oil and natural gas properties in western Canada. The company operates and focuses its activities in west central Alberta, the Deep Basin and in the West Shale Basin Duvernay. It is a differentiated energy company whose ESG-focused culture is centered on generating sustainable free cash flow through oil and gas exploration and development.
46GF Score
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