MGLG (Magellan Energy) Receivables Turnover: 0.00 (As of . 20)


What is Magellan Energy Receivables Turnover?

Magellan Energy MGLG -90.00% Receivables Turnover is 0.00 as of . 20.

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. Magellan Energy's Revenue for the three months ended in . 20 was $0.00 Mil. Magellan Energy's average Accounts Receivable for the three months ended in . 20 was $0.00 Mil.

Magellan Energy  (OTCPK:MGLG) 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.

Magellan Energy Receivables Turnover Related Terms

Magellan Energy Receivables Turnover Historical Data

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The historical data trend for Magellan 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.

Magellan Energy Receivables Turnover Chart

Magellan Energy Annual Data
Trend
Receivables Turnover

Magellan Energy Quarterly Data
Receivables Turnover

MGLG vs JKXOY, BRZV, CWLXF: Receivables Turnover Comparison

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

Magellan Energy Receivables Turnover vs Oil & Gas Industry

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

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


Magellan Energy Receivables Turnover Calculation

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

Magellan Energy's Receivables Turnover for the fiscal year that ended in . 20 is calculated as

Receivables Turnover (A: . 20 )
=Revenue / Average Accounts Receivable
=Revenue (A: . 20 ) / ((Accounts Receivable (A: . 20 ) + Accounts Receivable (A: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

Magellan Energy's Receivables Turnover for the quarter that ended in . 20 is calculated as

Receivables Turnover (Q: . 20 )
=Revenue / Average Accounts Receivable
=Revenue (Q: . 20 ) / ((Accounts Receivable (Q: . 20 ) + Accounts Receivable (Q: . 20 )) / count )
= / (( + ) / 1 )
= / 0
=N/A

* 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 0.00 mean?
Magellan Energy (MGLG) has a Receivables Turnover of 0.00 as of . 20. 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 Magellan Energy and its competitors.
Is Magellan Energy's Receivables Turnover too high?
Magellan Energy's current Receivables Turnover is 0.00.
How does Magellan Energy's Receivables Turnover compare to JKXOY and BRZV?
Magellan Energy's Receivables Turnover of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.99. 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 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. 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 Magellan Energy 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. Magellan Energy's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Energy stock overvalued right now?
Magellan Energy (MGLG) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. 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 Magellan Energy (MGLG), the current Receivables Turnover is 0.00 as of . 20. 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.

Magellan Energy Business Description

Industry EnergyOil & Gas
Address 1370 Hurontario Street, Mississauga, ON, CAN, L5G 3H4
Magellan Energy Ltd is an oil and gas exploration company. The company is engaged in the extraction and production of small to medium-sized oil and gas properties.