Brooge Energy (FRA:3SF) Receivables Turnover: 28.67 (As of Dec. 2024)

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FRA:3SF Brooge Energy Ltd FRA:3SF
16 GF Score
Price €2.22
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What is Brooge Energy Receivables Turnover?

Brooge Energy FRA:3SF 16 Receivables Turnover is 28.67 as of Dec. 2024. GuruFocus rates FRA:3SF with a GF Score™ of 16/100.

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. Brooge Energy's Revenue for the six months ended in Dec. 2024 was €44.15 Mil. Brooge Energy's average Accounts Receivable for the six months ended in Dec. 2024 was €1.54 Mil. Hence, Brooge Energy's Receivables Turnover for the six months ended in Dec. 2024 was 28.67.


Brooge Energy  (FRA:3SF) 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.


Brooge Energy Receivables Turnover Related Terms


Brooge Energy Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Brooge Energy'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.

Brooge Energy Receivables Turnover Chart

Brooge Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 25.34 11.08 18.51 38.62 46.97

Brooge Energy Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.07 5.54 4.90 1,170.42 28.67

FRA:3SF vs CWPE, WMB, EPD: Receivables Turnover Comparison

For the Oil & Gas Midstream subindustry, Brooge Energy'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.


Brooge Energy Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Brooge Energy's Receivables Turnover falls into.


FRA:3SF
16GF Score
Brooge Energy Ltd FRA:3SF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Brooge Energy Receivables Turnover Calculation

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

Brooge Energy's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=73.031 / ((0.039 + 3.071) / 2 )
=73.031 / 1.555
=46.97

Brooge Energy's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Jun. 2024 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=44.154 / ((0.009 + 3.071) / 2 )
=44.154 / 1.54
=28.67

* 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 28.67 mean?
Brooge Energy (FRA:3SF) has a Receivables Turnover of 28.67 as of Dec. 2024. 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 Brooge Energy and its competitors.
Is Brooge Energy's Receivables Turnover too high?
Brooge Energy's current Receivables Turnover is 28.67. The Oil & Gas industry median Receivables Turnover is 7.98. Brooge Energy's value of 28.67 is 259.3% above this industry median. Overall, Brooge Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Brooge Energy's Receivables Turnover compare to CWPE and WMB?
Brooge Energy's Receivables Turnover of 28.67 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. Brooge Energy's value of 28.67 is 259.3% 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 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. Brooge Energy's current Receivables Turnover of 28.67 is 259.3% 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 Brooge Energy 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. Brooge Energy's current Receivables Turnover is 28.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brooge Energy stock overvalued right now?
Brooge Energy (FRA:3SF) has a current Receivables Turnover of 28.67. The current Receivables Turnover is 28.67 and 259.3% above the Oil & Gas industry median of 7.98. Brooge Energy's overall GF Score™ is 16/100. 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 Brooge Energy (FRA:3SF), the current Receivables Turnover is 28.67 as of Dec. 2024. 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.

Brooge Energy Business Description

Industry EnergyOil & Gas
Address c/o Brooge Petroleum and Gas Investment Company FZE, P.O. Box 50170, Fujairah, ARE
Brooge Energy Ltd is an Oil Refinery & Storage Company in the United Arab Emirates. The company generates revenue from its only one reportable segment which is oil storage and related services.
16GF Score

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

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