Europa Oil & Gas (Holdings) (LSE:EOG) Receivables Turnover: 2.16 (As of Jul. 2024)

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What is Europa Oil & Gas (Holdings) Receivables Turnover?

Europa Oil & Gas (Holdings) LSE:EOG +7.94% Receivables Turnover is 2.16 as of Jul. 2024.

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. Europa Oil & Gas (Holdings)'s Revenue for the six months ended in Jul. 2024 was £2.15 Mil. Europa Oil & Gas (Holdings)'s average Accounts Receivable for the six months ended in Jul. 2024 was £1.00 Mil. Hence, Europa Oil & Gas (Holdings)'s Receivables Turnover for the six months ended in Jul. 2024 was 2.16.


Europa Oil & Gas (Holdings)  (LSE:EOG) 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.


Europa Oil & Gas (Holdings) Receivables Turnover Related Terms


Europa Oil & Gas (Holdings) Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Europa Oil & Gas (Holdings)'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.

Europa Oil & Gas (Holdings) Receivables Turnover Chart

Europa Oil & Gas (Holdings) Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.76 6.22 7.29 6.55 4.58

Europa Oil & Gas (Holdings) Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 3.82 2.48 2.86 1.84 2.16

LSE:EOG vs COP, EOG, FANG: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Europa Oil & Gas (Holdings)'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.


Europa Oil & Gas (Holdings) Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Europa Oil & Gas (Holdings)'s Receivables Turnover falls into.



Europa Oil & Gas (Holdings) Receivables Turnover Calculation

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

Europa Oil & Gas (Holdings)'s Receivables Turnover for the fiscal year that ended in Jul. 2024 is calculated as

Receivables Turnover (A: Jul. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jul. 2024 ) / ((Accounts Receivable (A: Jul. 2023 ) + Accounts Receivable (A: Jul. 2024 )) / count )
=3.566 / ((0.556 + 1.002) / 2 )
=3.566 / 0.779
=4.58

Europa Oil & Gas (Holdings)'s Receivables Turnover for the quarter that ended in Jul. 2024 is calculated as

Receivables Turnover (Q: Jul. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jul. 2024 ) / ((Accounts Receivable (Q: Jan. 2024 ) + Accounts Receivable (Q: Jul. 2024 )) / count )
=2.146 / ((0.989 + 1.002) / 2 )
=2.146 / 0.9955
=2.16

* 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 2.16 mean?
Europa Oil & Gas (Holdings) (LSE:EOG) has a Receivables Turnover of 2.16 as of Jul. 2024. 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 Europa Oil & Gas (Holdings) and its competitors.
Is Europa Oil & Gas (Holdings)'s Receivables Turnover too high?
Europa Oil & Gas (Holdings)'s current Receivables Turnover is 2.16. The Oil & Gas industry median Receivables Turnover is 7.98. Europa Oil & Gas (Holdings)'s value of 2.16 is 72.9% below this industry median.
How does Europa Oil & Gas (Holdings)'s Receivables Turnover compare to COP and EOG?
Europa Oil & Gas (Holdings)'s Receivables Turnover of 2.16 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. Europa Oil & Gas (Holdings)'s value of 2.16 is 72.9% 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 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. Europa Oil & Gas (Holdings)'s current Receivables Turnover of 2.16 is 72.9% 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 Europa Oil & Gas (Holdings) 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. Europa Oil & Gas (Holdings)'s current Receivables Turnover is 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europa Oil & Gas (Holdings) stock overvalued right now?
Europa Oil & Gas (Holdings) (LSE:EOG) has a current Receivables Turnover of 2.16. The current Receivables Turnover is 2.16 and 72.9% below the Oil & Gas industry median of 7.98. 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 Europa Oil & Gas (Holdings) (LSE:EOG), the current Receivables Turnover is 2.16 as of Jul. 2024. 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.

Europa Oil & Gas (Holdings) Business Description

Industry EnergyOil & Gas
Address 54 Charlotte Street, London, GBR, W1T 2NS
Europa Oil & Gas (Holdings) PLC is an oil and gas exploration, development, and production company. It is focused on developing a balanced portfolio of assets in the North Sea, Atlantic Ireland, and West Africa, supported by revenue from onshore oil production in the United Kingdom. The company holds interests in the Broughton North prospect, West Firsby and Crosby Warren fields, Wressle-1 well, and Whisby W4 well. In the Irish Atlantic region, it considers the Inishkea prospect in the Slyne basin and near the Corrib gasfield as its flagship project in Ireland. The company has also acquired interest in the Block EG-08 offshore in the Douala Basin of Equatorial Guinea. Its reportable segments are the United Kingdom which derives key revenue, Ireland, and West Africa.