GPIPF (Wescan Energy) Receivables Turnover: 2.63 (As of Mar. 2026)

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GPIPF Wescan Energy Corp GPIPF
32 GF Score
Price $0.00
! 3 Warning Signs
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What is Wescan Energy Receivables Turnover?

Wescan Energy GPIPF -93.50% 32 Receivables Turnover is 2.63 as of Mar. 2026. GuruFocus rates GPIPF with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 895 Oil & Gas companies, Wescan Energy ranks better than 69.39% 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. Wescan Energy's Revenue for the three months ended in Mar. 2026 was $1.05 Mil. Wescan Energy's average Accounts Receivable for the three months ended in Mar. 2026 was $0.40 Mil. Hence, Wescan Energy's Receivables Turnover for the three months ended in Mar. 2026 was 2.63.


Wescan Energy  (OTCPK:GPIPF) 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.


Wescan Energy Receivables Turnover Related Terms


Wescan Energy Receivables Turnover Historical Data

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The historical data trend for Wescan 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.

Wescan Energy Receivables Turnover Chart

Wescan Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.06 13.90 10.16 14.64 9.46

Wescan Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.80 2.86 2.57 3.05 2.63

GPIPF vs COP, EOG, FANG: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Wescan 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.


Wescan Energy Receivables Turnover vs Oil & Gas Industry

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

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


GPIPF
32GF Score
Wescan Energy Corp GPIPF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wescan Energy Receivables Turnover Calculation

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

Wescan Energy's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=3.085 / ((0.19 + 0.462) / 2 )
=3.085 / 0.326
=9.46

Wescan 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 )
=1.052 / ((0.339 + 0.462) / 2 )
=1.052 / 0.4005
=2.63

* 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 2.63 mean?
Wescan Energy (GPIPF) has a Receivables Turnover of 2.63 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 Wescan Energy and its competitors. According to the industry distribution chart, Wescan Energy ranks #274 out of 895 companies in the Oil & Gas industry, placing it in the top 30.6%.
Is Wescan Energy's Receivables Turnover too high?
Wescan Energy's current Receivables Turnover is 2.63. The Oil & Gas industry median Receivables Turnover is 7.98. Wescan Energy's value of 2.63 is 67% below this industry median. Based on the distribution chart, Wescan Energy ranks #274 out of 895 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Wescan Energy has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Wescan Energy's Receivables Turnover compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Wescan Energy ranks #274 out of 895 companies for Receivables Turnover. This puts Wescan Energy in the upper half of its industry. The industry median Receivables Turnover is 7.98. Wescan Energy's value of 2.63 is 67% 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 7.98, based on 895 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. Wescan Energy's current Receivables Turnover of 2.63 is 67% 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 Wescan Energy and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wescan Energy's current Receivables Turnover is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wescan Energy stock overvalued right now?
Wescan Energy (GPIPF) has a current Receivables Turnover of 2.63. The current Receivables Turnover is 2.63 and 67% below the Oil & Gas industry median of 7.98. Wescan Energy's overall GF Score™ is 32/100 with 3 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 Wescan Energy (GPIPF), the current Receivables Turnover is 2.63 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.

Wescan Energy Business Description

Industry EnergyOil & Gas
Other Exchanges WCE:Canada
Address 520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.
32GF Score

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