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Akita DrillingFRA:774 59 Receivables Turnover is 1.62 as of Mar. 2026. GuruFocus rates FRA:774 with a GF Score™ of 59/100 and a GF Value™ of €1.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 893 Oil & Gas companies, Akita Drilling ranks worse than 74.13% 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. Akita Drilling's Revenue for the
three
months ended in Mar. 2026 was €35.0 Mil. Akita Drilling's average Accounts Receivable for the
three
months ended in Mar. 2026 was €21.6 Mil.
Hence, Akita Drilling's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.62.
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.
Akita Drilling Receivables Turnover Related Terms
Akita Drilling Receivables Turnover Historical Data
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The historical data trend for Akita Drilling'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.
FRA:774 vs NE, RIG, VAL: Receivables Turnover Comparison
For the Oil & Gas Drilling subindustry, Akita Drilling'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.
Akita Drilling Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Akita Drilling's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Akita Drilling'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.
Akita Drilling (FRA:774) has a Receivables Turnover of 1.62 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 Akita Drilling and its competitors. According to the industry distribution chart, Akita Drilling ranks #662 out of 893 companies in the Oil & Gas industry, placing it in the top 74.1%.
Is Akita Drilling's Receivables Turnover too high?
Akita Drilling's current Receivables Turnover is 1.62. The Oil & Gas industry median Receivables Turnover is 8.00. Akita Drilling's value of 1.62 is 79.8% below this industry median. Based on the distribution chart, Akita Drilling ranks #662 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Akita Drilling has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akita Drilling's Receivables Turnover compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Akita Drilling ranks #662 out of 893 companies for Receivables Turnover. This places Akita Drilling in the lower half of its industry. The industry median Receivables Turnover is 8.00. Akita Drilling's value of 1.62 is 79.8% 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 8.00, 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. Akita Drilling's current Receivables Turnover of 1.62 is 79.8% 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 Akita Drilling and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akita Drilling's current Receivables Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akita Drilling stock overvalued right now?
Based on GuruFocus' analysis, Akita Drilling (FRA:774) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.10, compared to a current price of €2.12 — trading 92.7% above its estimated fair value. The current Receivables Turnover is 1.62 and 79.8% below the Oil & Gas industry median of 8.00. Akita Drilling's overall GF Score™ is 59/100 with 2 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 Akita Drilling (FRA:774), the current Receivables Turnover is 1.62 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.
Is Akita Drilling (FRA:774) Overvalued in 2026?
Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued.
The current stock price of €2.12 is trading 92.7% above its estimated GF Value™ of €1.10.
GuruFocus considers Akita Drilling to be Significantly Overvalued.
Key valuation signals for FRA:774:
Receivables Turnover: 1.62
GF Value™: €1.10 vs. price of €2.12 (92.7% above fair value)
Industry Position: 79.8% below the Oil & Gas median (#662 of 893)
No single metric tells the full story. See the FRA:774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.
59GF Score
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