Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Receivables Turnover: 1.87 (As of Mar. 2026)

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KUW:ABAR Burgan Company for Well Drilling Trading and Maintenance SAK KUW:ABAR
23 GF Score
Price KWD0.19
GF Value KWD0.13
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Burgan Company for Well Drilling Trading and MaintenanceK Receivables Turnover?

Burgan Company for Well Drilling Trading and MaintenanceK KUW:ABAR +2.16% 23 Receivables Turnover is 1.87 as of Mar. 2026. GuruFocus rates KUW:ABAR with a GF Score™ of 23/100 and a GF Value™ of KWD0.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 902 Oil & Gas companies, Burgan Company for Well Drilling Trading and MaintenanceK ranks better than 51.22% 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. Burgan Company for Well Drilling Trading and MaintenanceK's Revenue for the three months ended in Mar. 2026 was KWD9.35 Mil. Burgan Company for Well Drilling Trading and MaintenanceK's average Accounts Receivable for the three months ended in Mar. 2026 was KWD4.99 Mil. Hence, Burgan Company for Well Drilling Trading and MaintenanceK's Receivables Turnover for the three months ended in Mar. 2026 was 1.87.


Burgan Company for Well Drilling Trading and MaintenanceK  (KUW:ABAR) 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.


Burgan Company for Well Drilling Trading and MaintenanceK Receivables Turnover Related Terms


Burgan Company for Well Drilling Trading and MaintenanceK Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK'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.

Burgan Company for Well Drilling Trading and MaintenanceK Receivables Turnover Chart

Burgan Company for Well Drilling Trading and MaintenanceK 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 6.90 6.59 5.90 6.89 8.29

Burgan Company for Well Drilling Trading and MaintenanceK 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 1.58 1.73 1.82 2.94 1.87

KUW:ABAR vs NE, RIG, VAL: Receivables Turnover Comparison

For the Oil & Gas Drilling subindustry, Burgan Company for Well Drilling Trading and MaintenanceK'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.


Burgan Company for Well Drilling Trading and MaintenanceK Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Burgan Company for Well Drilling Trading and MaintenanceK's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Burgan Company for Well Drilling Trading and MaintenanceK's Receivables Turnover falls into.


KUW:ABAR
23GF Score
Burgan Company for Well Drilling Trading and Maintenance SAK KUW:ABAR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Burgan Company for Well Drilling Trading and MaintenanceK Receivables Turnover Calculation

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

Burgan Company for Well Drilling Trading and MaintenanceK'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 )
=41.906 / ((4.753 + 5.359) / 2 )
=41.906 / 5.056
=8.29

Burgan Company for Well Drilling Trading and MaintenanceK'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 )
=9.354 / ((4.621 + 5.359) / 2 )
=9.354 / 4.99
=1.87

* 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 1.87 mean?
Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) has a Receivables Turnover of 1.87 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 Burgan Company for Well Drilling Trading and MaintenanceK and its competitors. According to the industry distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #440 out of 902 companies in the Oil & Gas industry, placing it in the top 48.8%.
Is Burgan Company for Well Drilling Trading and MaintenanceK's Receivables Turnover too high?
Burgan Company for Well Drilling Trading and MaintenanceK's current Receivables Turnover is 1.87. The Oil & Gas industry median Receivables Turnover is 8.09. Burgan Company for Well Drilling Trading and MaintenanceK's value of 1.87 is 76.9% below this industry median. Based on the distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #440 out of 902 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Burgan Company for Well Drilling Trading and MaintenanceK has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burgan Company for Well Drilling Trading and MaintenanceK's Receivables Turnover compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #440 out of 902 companies for Receivables Turnover. This puts Burgan Company for Well Drilling Trading and MaintenanceK in the upper half of its industry. The industry median Receivables Turnover is 8.09. Burgan Company for Well Drilling Trading and MaintenanceK's value of 1.87 is 76.9% 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 8.09, based on 902 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. Burgan Company for Well Drilling Trading and MaintenanceK's current Receivables Turnover of 1.87 is 76.9% 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 Burgan Company for Well Drilling Trading and MaintenanceK and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Burgan Company for Well Drilling Trading and MaintenanceK's current Receivables Turnover is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burgan Company for Well Drilling Trading and MaintenanceK stock overvalued right now?
Based on GuruFocus' analysis, Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.13, compared to a current price of KWD0.19 — trading 45.4% above its estimated fair value. The current Receivables Turnover is 1.87 and 76.9% below the Oil & Gas industry median of 8.09. Burgan Company for Well Drilling Trading and MaintenanceK's overall GF Score™ is 23/100 with 6 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 Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR), the current Receivables Turnover is 1.87 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 Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Overvalued in 2026?

Based on GuruFocus' analysis, Burgan Company for Well Drilling Trading and MaintenanceK stock appears to be overvalued. The current stock price of KWD0.19 is trading 45.4% above its estimated GF Value™ of KWD0.13. GuruFocus considers Burgan Company for Well Drilling Trading and MaintenanceK to be Significantly Overvalued.

Key valuation signals for KUW:ABAR:

  • Receivables Turnover: 1.87
  • GF Value™: KWD0.13 vs. price of KWD0.19 (45.4% above fair value)
  • GF Score™: 23/100 with 6 warning signs
  • Industry Position: 76.9% below the Oil & Gas median (#440 of 902)

No single metric tells the full story. See the KUW:ABAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Burgan Company for Well Drilling Trading and MaintenanceK Business Description

Industry EnergyOil & Gas
Address Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022
Burgan Company for Well Drilling Trading and Maintenance SAK provides drilling, exploration, and maintenance services for oil and gas companies. The company offers development and exploratory services, as well as drilling and maintenance of oil and gas wells in Kuwait and internationally with the approval of the Ministry of Oil. It also establishes, participates in, or acquires affiliates as outlined in its Memorandum of Incorporation. Additionally, the company invests its financial surpluses in portfolios managed by specialized entities. Burgan Company serves its clients by drilling deep, medium, and shallow wells, as well as performing workover operations. Its primary operating segment is oil and gas well services.
23GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

KWD0.19
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