Nighthawk Energy (LSE:HAWK) Receivables Turnover: 6.16 (As of Jun. 2017)

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What is Nighthawk Energy Receivables Turnover?

Nighthawk Energy LSE:HAWK Receivables Turnover is 6.16 as of Jun. 2017. The stock has 4 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. Nighthawk Energy's Revenue for the six months ended in Jun. 2017 was £6.81 Mil. Nighthawk Energy's average Accounts Receivable for the six months ended in Jun. 2017 was £1.11 Mil. Hence, Nighthawk Energy's Receivables Turnover for the six months ended in Jun. 2017 was 6.16.


Nighthawk Energy  (LSE:HAWK) 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.


Nighthawk Energy Receivables Turnover Related Terms


Nighthawk Energy Receivables Turnover Historical Data

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The historical data trend for Nighthawk Energy'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.

Nighthawk Energy Receivables Turnover Chart

Nighthawk Energy Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec13 Dec14 Dec15 Dec16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 11.81 15.62 15.51 15.57

Nighthawk Energy Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 5.71 12.11 8.84 6.24 6.16

LSE:HAWK vs FPPP, UNGS, GBEYF: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Nighthawk Energy'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.


Nighthawk Energy Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Nighthawk Energy's Receivables Turnover falls into.



Nighthawk Energy Receivables Turnover Calculation

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

Nighthawk Energy's Receivables Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Receivables Turnover (A: Dec. 2016 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2016 ) / ((Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count )
=14.436 / ((0.749 + 1.105) / 2 )
=14.436 / 0.927
=15.57

Nighthawk Energy's Receivables Turnover for the quarter that ended in Jun. 2017 is calculated as

Receivables Turnover (Q: Jun. 2017 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2017 ) / ((Accounts Receivable (Q: Dec. 2016 ) + Accounts Receivable (Q: Jun. 2017 )) / count )
=6.809 / ((1.105 + 0) / 1 )
=6.809 / 1.105
=6.16

* 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 6.16 mean?
Nighthawk Energy (LSE:HAWK) has a Receivables Turnover of 6.16 as of Jun. 2017. 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 Nighthawk Energy and its competitors.
Is Nighthawk Energy's Receivables Turnover too high?
Nighthawk Energy's current Receivables Turnover is 6.16. The Oil & Gas industry median Receivables Turnover is 8.03. Nighthawk Energy's value of 6.16 is 23.3% below this industry median.
How does Nighthawk Energy's Receivables Turnover compare to FPPP and UNGS?
Nighthawk Energy's Receivables Turnover of 6.16 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 8.03. Nighthawk Energy's value of 6.16 is 23.3% 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 8.03, 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. Nighthawk Energy's current Receivables Turnover of 6.16 is 23.3% 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 Nighthawk Energy and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nighthawk Energy's current Receivables Turnover is 6.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nighthawk Energy stock overvalued right now?
Nighthawk Energy (LSE:HAWK) has a current Receivables Turnover of 6.16. The current Receivables Turnover is 6.16 and 23.3% below the Oil & Gas industry median of 8.03. 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 Nighthawk Energy (LSE:HAWK), the current Receivables Turnover is 6.16 as of Jun. 2017. 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.

Nighthawk Energy Business Description

Industry EnergyOil & Gas
Address One London Wall, 6th Floor, London, GBR, EC2Y 5EB
Nighthawk Energy PLC is an independent exploration and production company that operates in the Eastern Colorado plains. The company through its subsidiaries are focused primarily on the exploration and development of oil-producing assets located in and around Lincoln County, Colorado, United States of America. It has only one operating segment: Production of, Exploration for, and Investment in Hydrocarbons. The company holds a working interest in and is the operator of Smoky Hill and Jolly Ranch projects. Its current projects span approximately 150,000 net acres across Lincoln, Elbert, and Washington Counties, Colorado.