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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. Parex Resources's Revenue for the
three
months ended in Mar. 2026 was €236.3 Mil. Parex Resources's average Accounts Receivable for the
three
months ended in Mar. 2026 was €87.4 Mil.
Hence, Parex Resources's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.70.
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.
Parex Resources Receivables Turnover Related Terms
Parex Resources Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Parex 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.
FRA:QPX vs COP, EOG, FANG: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Parex 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.
Parex Resources Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Parex Resources's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Parex Resources'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.
Parex Resources (FRA:QPX) has a Receivables Turnover of 2.70 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 Parex Resources and its competitors. According to the industry distribution chart, Parex Resources ranks #231 out of 893 companies in the Oil & Gas industry, placing it in the top 25.9%.
Is Parex Resources' Receivables Turnover too high?
Parex Resources' current Receivables Turnover is 2.70. The Oil & Gas industry median Receivables Turnover is 7.95. Parex Resources' value of 2.70 is 66% below this industry median. Based on the distribution chart, Parex Resources ranks #231 out of 893 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Parex Resources has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parex Resources' Receivables Turnover compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Parex Resources ranks #231 out of 893 companies for Receivables Turnover. This puts Parex Resources in the upper half of its industry. The industry median Receivables Turnover is 7.95. Parex Resources' value of 2.70 is 66% 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. Parex Resources's current Receivables Turnover of 2.70 is 66% 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 Parex 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. Parex Resources's current Receivables Turnover is 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parex Resources stock overvalued right now?
Based on GuruFocus' analysis, Parex Resources (FRA:QPX) is currently considered Fairly Valued. The stock's GF Value™ is €14.57, compared to a current price of €14.43 — trading 1% below its estimated fair value. The current Receivables Turnover is 2.70 and 66% below the Oil & Gas industry median of 7.95. Parex Resources' overall GF Score™ is 92/100 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 Parex Resources (FRA:QPX), the current Receivables Turnover is 2.70 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 Parex Resources (FRA:QPX) Overvalued in 2026?
Based on GuruFocus' analysis, Parex Resources stock appears to be undervalued.
The current stock price of €14.43 is trading 1% below its estimated GF Value™ of €14.57.
GuruFocus considers Parex Resources to be Fairly Valued.
Key valuation signals for FRA:QPX:
Receivables Turnover: 2.70
GF Value™: €14.57 vs. price of €14.43 (1% below fair value)
Industry Position: 66% below the Oil & Gas median (#231 of 893)
No single metric tells the full story. See the FRA:QPX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas. The company is focused on development in two main basins: Llanos and Magdalena. The majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. The company's operating segments are Columbia, its key revenue-generating segment, and Canada.
92GF Score
Get the complete analysis for FRA:QPX
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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