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. Gazprom PJSC's Revenue for the
six
months ended in Jun. 2023 was ₽4,114,280 Mil. Gazprom PJSC's average Accounts Receivable for the
six
months ended in Jun. 2023 was ₽1,297,550 Mil.
Hence, Gazprom PJSC's Receivables Turnover for the
six
months ended in Jun. 2023 was 3.17.
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.
Gazprom PJSC Receivables Turnover Related Terms
Gazprom PJSC Receivables Turnover Historical Data
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The historical data trend for Gazprom PJSC'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.
MIC:GAZP vs XOM, CVX: Receivables Turnover Comparison
For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.
Gazprom PJSC Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gazprom PJSC's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Gazprom PJSC'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.
Gazprom PJSC (MIC:GAZP) has a Receivables Turnover of 3.17 as of Jun. 2023. 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 Gazprom PJSC and its competitors.
Is Gazprom PJSC's Receivables Turnover too high?
Gazprom PJSC's current Receivables Turnover is 3.17. The Oil & Gas industry median Receivables Turnover is 7.95. Gazprom PJSC's value of 3.17 is 60.1% below this industry median. Overall, Gazprom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom PJSC's Receivables Turnover compare to XOM and CVX?
Gazprom PJSC's Receivables Turnover of 3.17 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.95. Gazprom PJSC's value of 3.17 is 60.1% 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 7.95, based on 892 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. Gazprom PJSC's current Receivables Turnover of 3.17 is 60.1% 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 Gazprom PJSC and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gazprom PJSC's current Receivables Turnover is 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom PJSC stock overvalued right now?
Gazprom PJSC (MIC:GAZP) has a current Receivables Turnover of 3.17. The current Receivables Turnover is 3.17 and 60.1% below the Oil & Gas industry median of 7.95. Gazprom PJSC's overall GF Score™ is 17/100. 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 Gazprom PJSC (MIC:GAZP), the current Receivables Turnover is 3.17 as of Jun. 2023. 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.
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.
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