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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. Granite Ridge Resources's Revenue for the
three
months ended in Mar. 2026 was $128.3 Mil. Granite Ridge Resources's average Accounts Receivable for the
three
months ended in Mar. 2026 was $82.5 Mil.
Hence, Granite Ridge Resources's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.55.
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.
Granite Ridge Resources Receivables Turnover Related Terms
Granite Ridge Resources Receivables Turnover Historical Data
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The historical data trend for Granite Ridge 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.
GRNT vs GPRK, ZNOG, VTS: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Granite Ridge 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.
Granite Ridge Resources Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Granite Ridge Resources's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Granite Ridge 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.
Granite Ridge Resources (GRNT) has a Receivables Turnover of 1.55 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 Granite Ridge Resources and its competitors. According to the industry distribution chart, Granite Ridge Resources ranks #595 out of 893 companies in the Oil & Gas industry, placing it in the top 66.6%.
Is Granite Ridge Resources' Receivables Turnover too high?
Granite Ridge Resources' current Receivables Turnover is 1.55. The Oil & Gas industry median Receivables Turnover is 7.98. Granite Ridge Resources' value of 1.55 is 80.6% below this industry median. Based on the distribution chart, Granite Ridge Resources ranks #595 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Granite Ridge Resources has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Receivables Turnover compare to GPRK and ZNOG?
According to the Oil & Gas industry distribution chart, Granite Ridge Resources ranks #595 out of 893 companies for Receivables Turnover. This places Granite Ridge Resources in the lower half of its industry. The industry median Receivables Turnover is 7.98. Granite Ridge Resources' value of 1.55 is 80.6% 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 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. Granite Ridge Resources's current Receivables Turnover of 1.55 is 80.6% 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 Granite Ridge Resources 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. Granite Ridge Resources's current Receivables Turnover is 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Ridge Resources stock overvalued right now?
Based on GuruFocus' analysis, Granite Ridge Resources (GRNT) is currently considered Possible Value Trap. The stock's GF Value™ is $7.34, compared to a current price of $4.67 — trading 36.4% below its estimated fair value. The current Receivables Turnover is 1.55 and 80.6% below the Oil & Gas industry median of 7.98. Granite Ridge Resources' overall GF Score™ is 83/100 with 8 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 Granite Ridge Resources (GRNT), the current Receivables Turnover is 1.55 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 Granite Ridge Resources (GRNT) Overvalued in 2026?
Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued.
The current stock price of $4.67 is trading 36.4% below its estimated GF Value™ of $7.34.
GuruFocus considers Granite Ridge Resources to be Possible Value Trap.
Key valuation signals for GRNT:
Receivables Turnover: 1.55
GF Value™: $7.34 vs. price of $4.67 (36.4% below fair value)
Industry Position: 80.6% below the Oil & Gas median (#595 of 893)
No single metric tells the full story. See the GRNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
83GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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