Edge Resources (LSE:EDG) Receivables Turnover: 4.49 (As of Dec. 2015)

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What is Edge Resources Receivables Turnover?

Edge Resources LSE:EDG Receivables Turnover is 4.49 as of Dec. 2015. The stock has 5 warning signs investors should review.

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. Edge Resources's Revenue for the three months ended in Dec. 2015 was £0.49 Mil. Edge Resources's average Accounts Receivable for the three months ended in Dec. 2015 was £0.11 Mil. Hence, Edge Resources's Receivables Turnover for the three months ended in Dec. 2015 was 4.49.


Edge Resources  (LSE:EDG) 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.


Edge Resources Receivables Turnover Related Terms


Edge Resources Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Edge 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.

Edge Resources Receivables Turnover Chart

Edge Resources Annual Data
Trend Mar01 Mar02 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 5.39 8.32 7.11 8.17

Edge Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 3.27 0.00 2.09 1.82 4.49

LSE:EDG vs GDPMQ, OOIL, ALOD: Receivables Turnover Comparison

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


Edge Resources Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Edge Resources's Receivables Turnover falls into.



Edge Resources Receivables Turnover Calculation

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

Edge Resources's Receivables Turnover for the fiscal year that ended in Mar. 2015 is calculated as

Receivables Turnover (A: Mar. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2015 ) / ((Accounts Receivable (A: Mar. 2014 ) + Accounts Receivable (A: Mar. 2015 )) / count )
=4.396 / ((0.712 + 0.364) / 2 )
=4.396 / 0.538
=8.17

Edge Resources's Receivables Turnover for the quarter that ended in Dec. 2015 is calculated as

Receivables Turnover (Q: Dec. 2015 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2015 ) / ((Accounts Receivable (Q: Sep. 2015 ) + Accounts Receivable (Q: Dec. 2015 )) / count )
=0.494 / ((0 + 0.11) / 1 )
=0.494 / 0.11
=4.49

* 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 4.49 mean?
Edge Resources (LSE:EDG) has a Receivables Turnover of 4.49 as of Dec. 2015. 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 Edge Resources and its competitors.
Is Edge Resources' Receivables Turnover too high?
Edge Resources' current Receivables Turnover is 4.49. The Oil & Gas industry median Receivables Turnover is 7.97. Edge Resources' value of 4.49 is 43.6% below this industry median.
How does Edge Resources' Receivables Turnover compare to GDPMQ and OOIL?
Edge Resources' Receivables Turnover of 4.49 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.97. Edge Resources' value of 4.49 is 43.6% 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 7.97, based on 892 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. Edge Resources's current Receivables Turnover of 4.49 is 43.6% 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 Edge Resources and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Edge Resources's current Receivables Turnover is 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Edge Resources stock overvalued right now?
Edge Resources (LSE:EDG) has a current Receivables Turnover of 4.49. The current Receivables Turnover is 4.49 and 43.6% below the Oil & Gas industry median of 7.97. 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 Edge Resources (LSE:EDG), the current Receivables Turnover is 4.49 as of Dec. 2015. 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.

Edge Resources Business Description

Industry EnergyOil & Gas
Address Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3
Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.