Frontera Resources (LSE:FRR) Receivables Turnover: 1.62 (As of Jun. 2018)

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What is Frontera Resources Receivables Turnover?

Frontera Resources LSE:FRR Receivables Turnover is 1.62 as of Jun. 2018. The stock has 7 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. Frontera Resources's Revenue for the six months ended in Jun. 2018 was £1.38 Mil. Frontera Resources's average Accounts Receivable for the six months ended in Jun. 2018 was £0.85 Mil. Hence, Frontera Resources's Receivables Turnover for the six months ended in Jun. 2018 was 1.62.


Frontera Resources  (LSE:FRR) 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.


Frontera Resources Receivables Turnover Related Terms


Frontera Resources Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Frontera 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.

Frontera Resources Receivables Turnover Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.65 16.50 8.72 8.72 2.36

Frontera Resources Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 2.45 1.34 2.83 0.94 1.62

LSE:FRR vs GSPE, CHAP, CRBO: Receivables Turnover Comparison

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


Frontera Resources Receivables Turnover vs Oil & Gas Industry

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

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



Frontera Resources Receivables Turnover Calculation

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

Frontera Resources's Receivables Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Receivables Turnover (A: Dec. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2017 ) / ((Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count )
=1.928 / ((0.354 + 1.281) / 2 )
=1.928 / 0.8175
=2.36

Frontera Resources's Receivables Turnover for the quarter that ended in Jun. 2018 is calculated as

Receivables Turnover (Q: Jun. 2018 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2018 ) / ((Accounts Receivable (Q: Dec. 2017 ) + Accounts Receivable (Q: Jun. 2018 )) / count )
=1.378 / ((1.281 + 0.422) / 2 )
=1.378 / 0.8515
=1.62

* 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 1.62 mean?
Frontera Resources (LSE:FRR) has a Receivables Turnover of 1.62 as of Jun. 2018. 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 Frontera Resources and its competitors.
Is Frontera Resources' Receivables Turnover too high?
Frontera Resources' current Receivables Turnover is 1.62. The Oil & Gas industry median Receivables Turnover is 7.98. Frontera Resources' value of 1.62 is 79.7% below this industry median.
How does Frontera Resources' Receivables Turnover compare to GSPE and CHAP?
Frontera Resources' Receivables Turnover of 1.62 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. Frontera Resources' value of 1.62 is 79.7% 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 895 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. Frontera Resources's current Receivables Turnover of 1.62 is 79.7% 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 Frontera 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. Frontera Resources's current Receivables Turnover is 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontera Resources stock overvalued right now?
Frontera Resources (LSE:FRR) has a current Receivables Turnover of 1.62. The current Receivables Turnover is 1.62 and 79.7% 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 Frontera Resources (LSE:FRR), the current Receivables Turnover is 1.62 as of Jun. 2018. 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.

Frontera Resources Business Description

Industry EnergyOil & Gas
Address 3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.