GLRI (Glori Energy) Receivables Turnover: 1.43 (As of Dec. 2016)


What is Glori Energy Receivables Turnover?

Glori Energy GLRI Receivables Turnover is 1.43 as of Dec. 2016.

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. Glori Energy's Revenue for the three months ended in Dec. 2016 was $0.95 Mil. Glori Energy's average Accounts Receivable for the three months ended in Dec. 2016 was $0.66 Mil. Hence, Glori Energy's Receivables Turnover for the three months ended in Dec. 2016 was 1.43.

Glori Energy  (OTCPK:GLRI) 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.

Glori Energy Receivables Turnover Related Terms

Glori Energy Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Glori 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.

Glori Energy Receivables Turnover Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Receivables Turnover
0.00 0.00 0.00 6.18 4.38

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.33 1.00 1.43 1.48 1.43

GLRI vs ALYE, FOSI: Receivables Turnover Comparison

For the Shell Companies subindustry, Glori 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.

Glori Energy Receivables Turnover vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Glori Energy's Receivables Turnover distribution charts can be found below:

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


Glori Energy Receivables Turnover Calculation

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

Glori Energy's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=4.497 / ((1.456 + 0.596) / 2 )
=4.497 / 1.026
=4.38

Glori Energy's Receivables Turnover for the quarter that ended in Dec. 2016 is calculated as

Receivables Turnover (Q: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2016 ) / ((Accounts Receivable (Q: Sep. 2016 ) + Accounts Receivable (Q: Dec. 2016 )) / count )
=0.945 / ((0.724 + 0.596) / 2 )
=0.945 / 0.66
=1.43

* 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 1.43 mean?
Glori Energy (GLRI) has a Receivables Turnover of 1.43 as of Dec. 2016. 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 Glori Energy and its competitors.
Is Glori Energy's Receivables Turnover too high?
Glori Energy's current Receivables Turnover is 1.43. The Diversified Financial Services industry median Receivables Turnover is 5.00. Glori Energy's value of 1.43 is 71.4% below this industry median.
How does Glori Energy's Receivables Turnover compare to ALYE and FOSI?
Glori Energy's Receivables Turnover of 1.43 can be compared against companies in the Diversified Financial Services industry. The industry median Receivables Turnover is 5.00. Glori Energy's value of 1.43 is 71.4% 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 a Diversified Financial Services company?
The median Receivables Turnover among Diversified Financial Services companies is 5.00, based on 73 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. Glori Energy's current Receivables Turnover of 1.43 is 71.4% 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 Glori Energy and its competitors. For the Diversified Financial Services industry, the median Receivables Turnover is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glori Energy's current Receivables Turnover is 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glori Energy stock overvalued right now?
Glori Energy (GLRI) has a current Receivables Turnover of 1.43. The current Receivables Turnover is 1.43 and 71.4% below the Diversified Financial Services industry median of 5.00. 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 Glori Energy (GLRI), the current Receivables Turnover is 1.43 as of Dec. 2016. 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.

Glori Energy Business Description

Address 957 Nasa Parkway, Suite 571, Houston, TX, USA, 77058
Glori Energy Inc is a development stage company.