MGY (Magnolia Oil & Gas) Receivables Turnover: 2.99 (As of Jun. 2026)

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MGY Magnolia Oil & Gas Corp MGY
93 GF Score
Price $26.01
GF Value $29.06
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Magnolia Oil & Gas Receivables Turnover?

Magnolia Oil & Gas MGY +3.71% 93 Receivables Turnover is 2.99 as of Jun. 2026. GuruFocus rates MGY with a GF Score™ of 93/100 and a GF Value™ of $29.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 902 Oil & Gas companies, Magnolia Oil & Gas ranks better than 59.98% 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. Magnolia Oil & Gas's Revenue for the three months ended in Jun. 2026 was $479 Mil. Magnolia Oil & Gas's average Accounts Receivable for the three months ended in Jun. 2026 was $160 Mil. Hence, Magnolia Oil & Gas's Receivables Turnover for the three months ended in Jun. 2026 was 2.99.


Magnolia Oil & Gas  (NYSE:MGY) 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.


Magnolia Oil & Gas Receivables Turnover Related Terms


Magnolia Oil & Gas Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Magnolia Oil & Gas'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.

Magnolia Oil & Gas Receivables Turnover Chart

Magnolia Oil & Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.32 10.57 6.81 8.40 10.92

Magnolia Oil & Gas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.00 1.87 2.09 2.59 2.99

MGY vs MUR, MTDR, CNX: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Magnolia Oil & Gas'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.


Magnolia Oil & Gas Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Magnolia Oil & Gas's Receivables Turnover falls into.


MGY
93GF Score
Magnolia Oil & Gas Corp MGY
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnolia Oil & Gas Receivables Turnover Calculation

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

Magnolia Oil & Gas's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=1311.845 / ((123.762 + 116.53) / 2 )
=1311.845 / 120.146
=10.92

Magnolia Oil & Gas's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=478.811 / ((160.767 + 159.465) / 2 )
=478.811 / 160.116
=2.99

* 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 2.99 mean?
Magnolia Oil & Gas (MGY) has a Receivables Turnover of 2.99 as of Jun. 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 Magnolia Oil & Gas and its competitors. According to the industry distribution chart, Magnolia Oil & Gas ranks #361 out of 902 companies in the Oil & Gas industry, placing it in the top 40%.
Is Magnolia Oil & Gas' Receivables Turnover too high?
Magnolia Oil & Gas' current Receivables Turnover is 2.99. The Oil & Gas industry median Receivables Turnover is 8.09. Magnolia Oil & Gas' value of 2.99 is 63% below this industry median. Based on the distribution chart, Magnolia Oil & Gas ranks #361 out of 902 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Magnolia Oil & Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Magnolia Oil & Gas' Receivables Turnover compare to MUR and MTDR?
According to the Oil & Gas industry distribution chart, Magnolia Oil & Gas ranks #361 out of 902 companies for Receivables Turnover. This puts Magnolia Oil & Gas in the upper half of its industry. The industry median Receivables Turnover is 8.09. Magnolia Oil & Gas' value of 2.99 is 63% 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 8.09, based on 902 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. Magnolia Oil & Gas's current Receivables Turnover of 2.99 is 63% 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 Magnolia Oil & Gas and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnolia Oil & Gas's current Receivables Turnover is 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Magnolia Oil & Gas (MGY) is currently considered Modestly Undervalued. The stock's GF Value™ is $29.06, compared to a current price of $26.01 — trading 10.5% below its estimated fair value. The current Receivables Turnover is 2.99 and 63% below the Oil & Gas industry median of 8.09. Magnolia Oil & Gas' overall GF Score™ is 93/100 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 Magnolia Oil & Gas (MGY), the current Receivables Turnover is 2.99 as of Jun. 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 Magnolia Oil & Gas (MGY) Overvalued in 2026?

Based on GuruFocus' analysis, Magnolia Oil & Gas stock appears to be undervalued. The current stock price of $26.01 is trading 10.5% below its estimated GF Value™ of $29.06. GuruFocus considers Magnolia Oil & Gas to be Modestly Undervalued.

Key valuation signals for MGY:

  • Receivables Turnover: 2.99
  • GF Value™: $29.06 vs. price of $26.01 (10.5% below fair value)
  • GF Score™: 93/100 with 2 warning signs
  • Industry Position: 63% below the Oil & Gas median (#361 of 902)

No single metric tells the full story. See the MGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magnolia Oil & Gas Business Description

Industry EnergyOil & Gas
Address Nine Greenway Plaza, Suite 1300, Houston, TX, USA, 77046
Magnolia Oil & Gas Corp is an independent oil and natural gas company engaged in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids (NGL) reserves. The company's oil and natural gas properties are located in Karnes County and the Giddings area of South Texas, where it targets the Eagle Ford Shale and Austin Chalk formations. It focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its capital spending philosophy. The company operates in only one segment and derives the majority of its revenue from the sale of crude oil, natural gas, and natural gas liquids (NGLs).
93GF Score

Get the complete analysis for MGY

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$26.01
Price
$29.06
GF Value