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ModecMDIKF 57 Receivables Turnover is 1.51 as of Mar. 2026. GuruFocus rates MDIKF with a GF Score™ of 57/100 and a GF Value™ of $33.57. The stock has 2 warning signs investors should review. Among 894 Oil & Gas companies, Modec ranks worse than 51.68% on this metric.
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. Modec's Revenue for the
three
months ended in Mar. 2026 was $1,077 Mil. Modec's average Accounts Receivable for the
three
months ended in Mar. 2026 was $712 Mil.
Hence, Modec's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.51.
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.
Modec Receivables Turnover Related Terms
Modec Receivables Turnover Historical Data
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The historical data trend for Modec'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.
MDIKF vs SLB, BKR, HAL: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, Modec'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.
Modec Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Modec's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Modec's Receivables Turnover falls into.
* 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.
Modec (MDIKF) has a Receivables Turnover of 1.51 as of Mar. 2026. 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 Modec and its competitors. According to the industry distribution chart, Modec ranks #462 out of 894 companies in the Oil & Gas industry, placing it in the top 51.7%.
Is Modec's Receivables Turnover too high?
Modec's current Receivables Turnover is 1.51. The Oil & Gas industry median Receivables Turnover is 7.99. Modec's value of 1.51 is 81.1% below this industry median. Based on the distribution chart, Modec ranks #462 out of 894 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Modec has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Modec's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Modec ranks #462 out of 894 companies for Receivables Turnover. This places Modec in the lower half of its industry. The industry median Receivables Turnover is 7.99. Modec's value of 1.51 is 81.1% 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 7.99, based on 894 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. Modec's current Receivables Turnover of 1.51 is 81.1% 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 Modec and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modec's current Receivables Turnover is 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modec stock overvalued right now?
Modec (MDIKF) has a current Receivables Turnover of 1.51. The stock's GF Value™ is $33.57, compared to a current price of $82.01 — trading 144.3% above its estimated fair value. The current Receivables Turnover is 1.51 and 81.1% below the Oil & Gas industry median of 7.99. Modec's overall GF Score™ is 57/100 with 2 warning signs to review. 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 Modec (MDIKF), the current Receivables Turnover is 1.51 as of Mar. 2026. 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.
Is Modec (MDIKF) Overvalued in 2026?
Based on GuruFocus' analysis, Modec stock appears to be overvalued.
The current stock price of $82.01 is trading 144.3% above its estimated GF Value™ of $33.57.
Key valuation signals for MDIKF:
Receivables Turnover: 1.51
GF Value™: $33.57 vs. price of $82.01 (144.3% above fair value)
Industry Position: 81.1% below the Oil & Gas median (#462 of 894)
No single metric tells the full story. See the MDIKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modec Inc operates as a general contractor with specialization in engineering, procurement, construction, and installation of floating production systems. It offers floating production storage and offloading vessels, floating storage and offloading vessels, tension leg platforms, semisubmersibles, and mobile offshore production units. The company also offers operation of its production systems and maintenance services across the globe. Although Modec services offshore markets worldwide, the majority of revenue is derived from Brazilian markets. Modec's vessels are designed to retrieve fluids and gases from reservoirs ranging from subsea to deepwater.
57GF Score
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