CVO Petrochemical Refinery (DHA:CVOPRL) Receivables Turnover: 2.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:CVOPRL CVO Petrochemical Refinery PLC DHA:CVOPRL
38 GF Score
Price BDT173.90
! 3 Warning Signs
View Full Analysis

What is CVO Petrochemical Refinery Receivables Turnover?

CVO Petrochemical Refinery DHA:CVOPRL +0.29% 38 Receivables Turnover is 2.00 as of Mar. 2026. GuruFocus rates DHA:CVOPRL with a GF Score™ of 38/100. The stock has 3 warning signs investors should review. Among 899 Oil & Gas companies, CVO Petrochemical Refinery ranks better than 77.98% 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. CVO Petrochemical Refinery's Revenue for the three months ended in Mar. 2026 was BDT268 Mil. CVO Petrochemical Refinery's average Accounts Receivable for the three months ended in Mar. 2026 was BDT134 Mil. Hence, CVO Petrochemical Refinery's Receivables Turnover for the three months ended in Mar. 2026 was 2.00.


CVO Petrochemical Refinery  (DHA:CVOPRL) 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.


CVO Petrochemical Refinery Receivables Turnover Related Terms


CVO Petrochemical Refinery Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CVO Petrochemical Refinery'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.

CVO Petrochemical Refinery Receivables Turnover Chart

CVO Petrochemical Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.00 3.36 7.58 26.97

CVO Petrochemical Refinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.11 3.51 6.64 3.12 2.00

DHA:CVOPRL vs MPC, VLO, PSX: Receivables Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, CVO Petrochemical Refinery'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.


CVO Petrochemical Refinery Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where CVO Petrochemical Refinery's Receivables Turnover falls into.


DHA:CVOPRL
38GF Score
CVO Petrochemical Refinery PLC DHA:CVOPRL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CVO Petrochemical Refinery Receivables Turnover Calculation

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

CVO Petrochemical Refinery's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=1153.19 / ((45.491 + 40.034) / 2 )
=1153.19 / 42.7625
=26.97

CVO Petrochemical Refinery's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=268.043 / ((159.789 + 107.904) / 2 )
=268.043 / 133.8465
=2.00

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.00 mean?
CVO Petrochemical Refinery (DHA:CVOPRL) has a Receivables Turnover of 2.00 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 CVO Petrochemical Refinery and its competitors. According to the industry distribution chart, CVO Petrochemical Refinery ranks #198 out of 899 companies in the Oil & Gas industry, placing it in the top 22%.
Is CVO Petrochemical Refinery's Receivables Turnover too high?
CVO Petrochemical Refinery's current Receivables Turnover is 2.00. The Oil & Gas industry median Receivables Turnover is 8.04. CVO Petrochemical Refinery's value of 2.00 is 75.1% below this industry median. Based on the distribution chart, CVO Petrochemical Refinery ranks #198 out of 899 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, CVO Petrochemical Refinery has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does CVO Petrochemical Refinery's Receivables Turnover compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, CVO Petrochemical Refinery ranks #198 out of 899 companies for Receivables Turnover. This places CVO Petrochemical Refinery in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 8.04. CVO Petrochemical Refinery's value of 2.00 is 75.1% 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 8.04, based on 899 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. CVO Petrochemical Refinery's current Receivables Turnover of 2.00 is 75.1% 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 CVO Petrochemical Refinery and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVO Petrochemical Refinery's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVO Petrochemical Refinery stock overvalued right now?
CVO Petrochemical Refinery (DHA:CVOPRL) has a current Receivables Turnover of 2.00. The current Receivables Turnover is 2.00 and 75.1% below the Oil & Gas industry median of 8.04. CVO Petrochemical Refinery's overall GF Score™ is 38/100 with 3 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 CVO Petrochemical Refinery (DHA:CVOPRL), the current Receivables Turnover is 2.00 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.

CVO Petrochemical Refinery Business Description

Industry EnergyOil & Gas
Address 37, Katalgonj, Panchlaish, Chattogram, BGD
CVO Petrochemical Refinery PLC is a petrochemical company. It is engaged in the production and sale of Hydrocarbon Solvent with the use of new raw material Naphtha and also supplies fuels like Motor Spirit (MS), Mineral Turpentine (MTT), HSD (High-Speed Diesel) which it produces from Natural Gas Condensate.
38GF Score

Get the complete analysis for DHA:CVOPRL

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT173.90
Price