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National Petroleum Services Co KSC (KUW:NAPESCO) Receivables Turnover : 2.20 (As of Mar. 2025)


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What is National Petroleum Services Co KSC Receivables Turnover?

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. National Petroleum Services Co KSC's Revenue for the three months ended in Mar. 2025 was KWD14.73 Mil. National Petroleum Services Co KSC's average Accounts Receivable for the three months ended in Mar. 2025 was KWD6.69 Mil. Hence, National Petroleum Services Co KSC's Receivables Turnover for the three months ended in Mar. 2025 was 2.20.


National Petroleum Services Co KSC Receivables Turnover Historical Data

The historical data trend for National Petroleum Services Co KSC'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.

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National Petroleum Services Co KSC Receivables Turnover Chart

National Petroleum Services Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 2.72 4.83 4.96 5.06

National Petroleum Services Co KSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.07 1.10 1.31 1.45 2.20

Competitive Comparison of National Petroleum Services Co KSC's Receivables Turnover

For the Oil & Gas Equipment & Services subindustry, National Petroleum Services Co KSC'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.


National Petroleum Services Co KSC's Receivables Turnover Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Petroleum Services Co KSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where National Petroleum Services Co KSC's Receivables Turnover falls into.


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National Petroleum Services Co KSC Receivables Turnover Calculation

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

National Petroleum Services Co KSC's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=41.029 / ((8.933 + 7.277) / 2 )
=41.029 / 8.105
=5.06

National Petroleum Services Co KSC's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=14.727 / ((7.277 + 6.098) / 2 )
=14.727 / 6.6875
=2.20

* 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.


National Petroleum Services Co KSC  (KUW:NAPESCO) 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.


National Petroleum Services Co KSC Receivables Turnover Related Terms

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National Petroleum Services Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Integration Road MA10 with M6 ?Mina Abdullah, Street 6, P.O. Box 9801, Shuaiba West Industrial Area, Block 3, Plot No. 76, Al-Ahmadi, KWT, 61008
National Petroleum Services Co KSC provides oilfield services for the oil and gas industry in Kuwait. The company is engaged in carrying out all support services for wells drilling, repairing, and preparation for production as well as wells maintenance related services. It is also engaged in establishing industrial firms for the purpose of manufacturing and producing the equipment and materials needed for well drilling and repair. There are two segments within which the company operates namely oilfield services and non-oilfield services. The majority of the revenue is mainly from Oil field contracts that include Pumping services, and then Non- oil field contracts that involve supply power and environment, safety services.

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