BPZ Resources (FRA:NA4) Receivables Turnover: 4.59 (As of Mar. 2015)

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What is BPZ Resources Receivables Turnover?

BPZ Resources FRA:NA4 Receivables Turnover is 4.59 as of Mar. 2015. The stock has 2 warning signs investors should review.

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. BPZ Resources's Revenue for the three months ended in Mar. 2015 was €10.46 Mil. BPZ Resources's average Accounts Receivable for the three months ended in Mar. 2015 was €2.28 Mil. Hence, BPZ Resources's Receivables Turnover for the three months ended in Mar. 2015 was 4.59.


BPZ Resources  (FRA:NA4) 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.


BPZ Resources Receivables Turnover Related Terms


BPZ Resources Receivables Turnover Historical Data

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The historical data trend for BPZ Resources'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.

BPZ Resources Receivables Turnover Chart

BPZ Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 14.34 14.66 8.98 47.32

BPZ Resources Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 1.22 0.93 1.55 4.71 4.59

BPZ Resources Receivables Turnover Competitor Comparison

For the Oil & Gas E&P subindustry, BPZ Resources'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.


BPZ Resources Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where BPZ Resources's Receivables Turnover falls into.



BPZ Resources Receivables Turnover Calculation

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

BPZ Resources's Receivables Turnover for the fiscal year that ended in Dec. 2014 is calculated as

Receivables Turnover (A: Dec. 2014 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2014 ) / ((Accounts Receivable (A: Dec. 2013 ) + Accounts Receivable (A: Dec. 2014 )) / count )
=68.04 / ((1.681 + 1.195) / 2 )
=68.04 / 1.438
=47.32

BPZ Resources's Receivables Turnover for the quarter that ended in Mar. 2015 is calculated as

Receivables Turnover (Q: Mar. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2015 ) / ((Accounts Receivable (Q: Dec. 2014 ) + Accounts Receivable (Q: Mar. 2015 )) / count )
=10.459 / ((1.195 + 3.36) / 2 )
=10.459 / 2.2775
=4.59

* 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 4.59 mean?
BPZ Resources (FRA:NA4) has a Receivables Turnover of 4.59 as of Mar. 2015. 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 BPZ Resources and its competitors.
Is BPZ Resources' Receivables Turnover too high?
BPZ Resources' current Receivables Turnover is 4.59. The Oil & Gas industry median Receivables Turnover is 7.95. BPZ Resources' value of 4.59 is 42.3% below this industry median.
How does BPZ Resources' Receivables Turnover compare to competitors?
BPZ Resources' Receivables Turnover of 4.59 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.95. BPZ Resources' value of 4.59 is 42.3% 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 7.95, 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. BPZ Resources's current Receivables Turnover of 4.59 is 42.3% 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 BPZ Resources and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BPZ Resources's current Receivables Turnover is 4.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BPZ Resources stock overvalued right now?
BPZ Resources (FRA:NA4) has a current Receivables Turnover of 4.59. The current Receivables Turnover is 4.59 and 42.3% below the Oil & Gas industry median of 7.95. 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 BPZ Resources (FRA:NA4), the current Receivables Turnover is 4.59 as of Mar. 2015. 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.

BPZ Resources Business Description

Industry EnergyOil & Gas
BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.