Westgate Energy (FRA:J3S) Receivables Turnover: 2.83 (As of Mar. 2026)

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FRA:J3S Westgate Energy Inc FRA:J3S
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Price €0.17
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What is Westgate Energy Receivables Turnover?

Westgate Energy FRA:J3S -2.89% 10 Receivables Turnover is 2.83 as of Mar. 2026. GuruFocus rates FRA:J3S with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 899 Oil & Gas companies, Westgate Energy ranks better than 57.84% 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. Westgate Energy's Revenue for the three months ended in Mar. 2026 was €2.43 Mil. Westgate Energy's average Accounts Receivable for the three months ended in Mar. 2026 was €0.86 Mil. Hence, Westgate Energy's Receivables Turnover for the three months ended in Mar. 2026 was 2.83.


Westgate Energy  (FRA:J3S) 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.


Westgate Energy Receivables Turnover Related Terms


Westgate Energy Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Westgate 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.

Westgate Energy Receivables Turnover Chart

Westgate Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Receivables Turnover
31.50 14.02 13.75 10.15

Westgate Energy Quarterly Data
Dec22 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 2.91 1.99 2.03 2.16 2.83

FRA:J3S vs NE, RIG, VAL: Receivables Turnover Comparison

For the Oil & Gas Drilling subindustry, Westgate 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.


Westgate Energy Receivables Turnover vs Oil & Gas Industry

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

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


FRA:J3S
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Westgate Energy Inc FRA:J3S
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Westgate Energy Receivables Turnover Calculation

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

Westgate Energy's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=4.038 / ((0.235 + 0.561) / 2 )
=4.038 / 0.398
=10.15

Westgate Energy'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 )
=2.429 / ((0.561 + 1.154) / 2 )
=2.429 / 0.8575
=2.83

* 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 2.83 mean?
Westgate Energy (FRA:J3S) has a Receivables Turnover of 2.83 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 Westgate Energy and its competitors. According to the industry distribution chart, Westgate Energy ranks #379 out of 899 companies in the Oil & Gas industry, placing it in the top 42.2%.
Is Westgate Energy's Receivables Turnover too high?
Westgate Energy's current Receivables Turnover is 2.83. The Oil & Gas industry median Receivables Turnover is 8.04. Westgate Energy's value of 2.83 is 64.8% below this industry median. Based on the distribution chart, Westgate Energy ranks #379 out of 899 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Westgate Energy has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Westgate Energy's Receivables Turnover compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Westgate Energy ranks #379 out of 899 companies for Receivables Turnover. This puts Westgate Energy in the upper half of its industry. The industry median Receivables Turnover is 8.04. Westgate Energy's value of 2.83 is 64.8% 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 8.04, 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. Westgate Energy's current Receivables Turnover of 2.83 is 64.8% 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 Westgate Energy 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. Westgate Energy's current Receivables Turnover is 2.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westgate Energy stock overvalued right now?
Westgate Energy (FRA:J3S) has a current Receivables Turnover of 2.83. The current Receivables Turnover is 2.83 and 64.8% below the Oil & Gas industry median of 8.04. Westgate Energy's overall GF Score™ is 10/100 with 4 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 Westgate Energy (FRA:J3S), the current Receivables Turnover is 2.83 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.

Westgate Energy Business Description

Industry EnergyOil & Gas
Other Exchanges WGTFF:USAWGT:Canada
Address 2020 4th Street SW, Suite 420, Calgary, AB, CAN, T2S 1W3
Westgate Energy Inc is an oil, natural gas and natural gas liquids (NGL or NGLs) exploration, development and production company with properties located in Western Canada. It is focused on the emerging Mannville Stack fairway, characterized by known accumulations of medium and heavy oil which are being unlocked with inventive drilling techniques that utilize multi-lateral horizontal drilling.
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