DPM (Desert Peak Minerals) Receivables Turnover: 0.00 (As of Jun. 2021)


What is Desert Peak Minerals Receivables Turnover?

Desert Peak Minerals DPM Receivables Turnover is 0.00 as of Jun. 2021.

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. Desert Peak Minerals's Revenue for the three months ended in Jun. 2021 was $0.00 Mil. Desert Peak Minerals's average Accounts Receivable for the three months ended in Jun. 2021 was $9.85 Mil.

Desert Peak Minerals  (NYSE:DPM) 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.

Desert Peak Minerals Receivables Turnover Related Terms

Desert Peak Minerals Receivables Turnover Historical Data

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The historical data trend for Desert Peak Minerals'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.

Desert Peak Minerals Receivables Turnover Chart

Desert Peak Minerals Annual Data
Trend Dec19 Dec20
Receivables Turnover
4.66 4.05

Desert Peak Minerals Quarterly Data
Dec19 Dec20 Jun21
Receivables Turnover 0.00 0.00 0.00

DPM vs : Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Desert Peak Minerals'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.

Desert Peak Minerals Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Desert Peak Minerals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Desert Peak Minerals's Receivables Turnover falls into.


Desert Peak Minerals Receivables Turnover Calculation

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

Desert Peak Minerals's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=43.126 / ((12.805 + 8.505) / 2 )
=43.126 / 10.655
=4.05

Desert Peak Minerals's Receivables Turnover for the quarter that ended in Jun. 2021 is calculated as

Receivables Turnover (Q: Jun. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Jun. 2021 )) / count )
=0 / ((8.505 + 11.201) / 2 )
=0 / 9.853
=N/A

* 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 0.00 mean?
Desert Peak Minerals (DPM) has a Receivables Turnover of 0.00 as of Jun. 2021. 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 Desert Peak Minerals and its competitors.
Is Desert Peak Minerals' Receivables Turnover too high?
Desert Peak Minerals' current Receivables Turnover is 0.00.
How does Desert Peak Minerals' Receivables Turnover compare to ?
Desert Peak Minerals' Receivables Turnover of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. 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 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. 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 Desert Peak Minerals 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. Desert Peak Minerals's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desert Peak Minerals stock overvalued right now?
Desert Peak Minerals (DPM) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Desert Peak Minerals (DPM), the current Receivables Turnover is 0.00 as of Jun. 2021. 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.

Desert Peak Minerals Business Description

Industry EnergyOil & Gas
Comparable Companies
Desert Peak Minerals Inc acquires, owns, and manages mineral and royalty interests in the Permian Basin. Its mineral and royalty interests entitle the company to receive a fixed percentage of the revenue from crude oil, natural gas, and NGLs produced from the acreage.