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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. Ovintiv's Revenue for the
three
months ended in Mar. 2026 was MXN45,659 Mil. Ovintiv's average Accounts Receivable for the
three
months ended in Mar. 2026 was MXN22,752 Mil.
Hence, Ovintiv's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.01.
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.
Ovintiv Receivables Turnover Related Terms
Ovintiv Receivables Turnover Historical Data
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The historical data trend for Ovintiv'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.
MEX:OVV vs PR, APA, AR: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Ovintiv'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.
Ovintiv Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ovintiv's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ovintiv'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.
Ovintiv (MEX:OVV) has a Receivables Turnover of 2.01 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 Ovintiv and its competitors. According to the industry distribution chart, Ovintiv ranks #460 out of 893 companies in the Oil & Gas industry, placing it in the top 51.5%.
Is Ovintiv's Receivables Turnover too high?
Ovintiv's current Receivables Turnover is 2.01. The Oil & Gas industry median Receivables Turnover is 7.98. Ovintiv's value of 2.01 is 74.8% below this industry median. Based on the distribution chart, Ovintiv ranks #460 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ovintiv has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Ovintiv's Receivables Turnover compare to PR and APA?
According to the Oil & Gas industry distribution chart, Ovintiv ranks #460 out of 893 companies for Receivables Turnover. This places Ovintiv in the lower half of its industry. The industry median Receivables Turnover is 7.98. Ovintiv's value of 2.01 is 74.8% 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. Ovintiv's current Receivables Turnover of 2.01 is 74.8% 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 Ovintiv 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. Ovintiv's current Receivables Turnover is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovintiv stock overvalued right now?
Ovintiv (MEX:OVV) has a current Receivables Turnover of 2.01. The stock's GF Value™ is MXN452.30, compared to a current price of MXN663.25 — trading 46.6% above its estimated fair value. The current Receivables Turnover is 2.01 and 74.8% below the Oil & Gas industry median of 7.98. Ovintiv's overall GF Score™ is 60/100 with 9 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 Ovintiv (MEX:OVV), the current Receivables Turnover is 2.01 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 Ovintiv (MEX:OVV) Overvalued in 2026?
Based on GuruFocus' analysis, Ovintiv stock appears to be overvalued.
The current stock price of MXN663.25 is trading 46.6% above its estimated GF Value™ of MXN452.30.
Key valuation signals for MEX:OVV:
Receivables Turnover: 2.01
GF Value™: MXN452.30 vs. price of MXN663.25 (46.6% above fair value)
Industry Position: 74.8% below the Oil & Gas median (#460 of 893)
No single metric tells the full story. See the MEX:OVV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ovintiv Inc is a North American oil and natural gas exploration and production company focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs, and natural gas. The company has two operating segments: USA Operations and Canadian Operations. USA Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within the United States. Canadian Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within Canada. The company generates the majority of its revenue from USA Operations.
60GF Score
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