EVOA (EVO Transportation & Energy Services) Receivables Turnover: 9.54 (As of Dec. 2022)

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EVOA EVO Transportation & Energy Services Inc EVOA
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What is EVO Transportation & Energy Services Receivables Turnover?

EVO Transportation & Energy Services EVOA 12 Receivables Turnover is 9.54 as of Dec. 2022. GuruFocus rates EVOA with a GF Score™ of 12/100.

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. EVO Transportation & Energy Services's Revenue for the three months ended in Dec. 2022 was $86.6 Mil. EVO Transportation & Energy Services's average Accounts Receivable for the three months ended in Dec. 2022 was $9.1 Mil. Hence, EVO Transportation & Energy Services's Receivables Turnover for the three months ended in Dec. 2022 was 9.54.


EVO Transportation & Energy Services  (OTCPK:EVOA) 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.


EVO Transportation & Energy Services Receivables Turnover Related Terms


EVO Transportation & Energy Services Receivables Turnover Historical Data

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The historical data trend for EVO Transportation & Energy 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.

EVO Transportation & Energy Services Receivables Turnover Chart

EVO Transportation & Energy Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.85 19.85 18.55 17.00 18.00

EVO Transportation & Energy Services Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 3.59 4.06 7.33 10.87 9.54

EVOA vs ATYG, CLTS, ETRXF: Receivables Turnover Comparison

For the Trucking subindustry, EVO Transportation & Energy 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.


EVO Transportation & Energy Services Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, EVO Transportation & Energy Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EVO Transportation & Energy Services's Receivables Turnover falls into.


EVOA
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EVO Transportation & Energy Services Inc EVOA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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EVO Transportation & Energy Services Receivables Turnover Calculation

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

EVO Transportation & Energy Services's Receivables Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Receivables Turnover (A: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2022 ) / ((Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count )
=309.617 / ((22.697 + 11.704) / 2 )
=309.617 / 17.2005
=18.00

EVO Transportation & Energy Services's Receivables Turnover for the quarter that ended in Dec. 2022 is calculated as

Receivables Turnover (Q: Dec. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2022 ) / ((Accounts Receivable (Q: Sep. 2022 ) + Accounts Receivable (Q: Dec. 2022 )) / count )
=86.595 / ((6.452 + 11.704) / 2 )
=86.595 / 9.078
=9.54

* 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 9.54 mean?
EVO Transportation & Energy Services (EVOA) has a Receivables Turnover of 9.54 as of Dec. 2022. 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 EVO Transportation & Energy Services and its competitors.
Is EVO Transportation & Energy Services' Receivables Turnover too high?
EVO Transportation & Energy Services' current Receivables Turnover is 9.54. The Transportation industry median Receivables Turnover is 7.73. EVO Transportation & Energy Services' value of 9.54 is 23.5% above this industry median. Overall, EVO Transportation & Energy Services has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does EVO Transportation & Energy Services' Receivables Turnover compare to ATYG and CLTS?
EVO Transportation & Energy Services' Receivables Turnover of 9.54 can be compared against companies in the Transportation industry. The industry median Receivables Turnover is 7.73. EVO Transportation & Energy Services' value of 9.54 is 23.5% above 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 a Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 998 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. EVO Transportation & Energy Services's current Receivables Turnover of 9.54 is 23.5% above 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 EVO Transportation & Energy Services and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EVO Transportation & Energy Services's current Receivables Turnover is 9.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVO Transportation & Energy Services stock overvalued right now?
EVO Transportation & Energy Services (EVOA) has a current Receivables Turnover of 9.54. The current Receivables Turnover is 9.54 and 23.5% above the Transportation industry median of 7.73. EVO Transportation & Energy Services' overall GF Score™ is 12/100. 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 EVO Transportation & Energy Services (EVOA), the current Receivables Turnover is 9.54 as of Dec. 2022. 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.

EVO Transportation & Energy Services Business Description

Address 2075 West Pinnacle Peak Road, Suite 130, Phoenix, AZ, USA, 85027
EVO Transportation & Energy Services Inc is a holding company based in Peoria, Arizona. The company along with its subsidiaries is engaged in the business of acquiring, building, and operating public and private CNG fueling stations. The company's operating segments include Trucking and CNG Fueling Stations. Trucking is comprised of domestic freight trucking and surface transportation services. It generates maximum revenue from the Trucking segment.
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