Saratov Oil Refinery PJSC (MIC:KRKN) Receivables Turnover: 0.08 (As of Sep. 2023)

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MIC:KRKN Saratov Oil Refinery PJSC MIC:KRKN
17 GF Score
Price ₽10,300.00
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What is Saratov Oil Refinery PJSC Receivables Turnover?

Saratov Oil Refinery PJSC MIC:KRKN +0.49% 17 Receivables Turnover is 0.08 as of Sep. 2023. GuruFocus rates MIC:KRKN with a GF Score™ of 17/100.

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. Saratov Oil Refinery PJSC's Revenue for the three months ended in Sep. 2023 was ₽2,319 Mil. Saratov Oil Refinery PJSC's average Accounts Receivable for the three months ended in Sep. 2023 was ₽30,065 Mil. Hence, Saratov Oil Refinery PJSC's Receivables Turnover for the three months ended in Sep. 2023 was 0.08.


Saratov Oil Refinery PJSC  (MIC:KRKN) 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.


Saratov Oil Refinery PJSC Receivables Turnover Related Terms


Saratov Oil Refinery PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Saratov Oil Refinery 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.

Saratov Oil Refinery PJSC Receivables Turnover Chart

Saratov Oil Refinery PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 1.10 1.10 0.96 0.60

Saratov Oil Refinery PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Sep22 Jun23 Sep23
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 0.18 0.17 0.11 0.00 0.08

MIC:KRKN vs MPC, PSX, VLO: Receivables Turnover Comparison

For the Oil & Gas Refining & Marketing subindustry, Saratov Oil Refinery 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.


Saratov Oil Refinery PJSC Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Saratov Oil Refinery PJSC's Receivables Turnover falls into.


MIC:KRKN
17GF Score
Saratov Oil Refinery PJSC MIC:KRKN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Saratov Oil Refinery PJSC Receivables Turnover Calculation

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

Saratov Oil Refinery PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=11730.764 / ((17299.172 + 22011.829) / 2 )
=11730.764 / 19655.5005
=0.60

Saratov Oil Refinery PJSC's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=2318.96 / ((31961.451 + 28168.002) / 2 )
=2318.96 / 30064.7265
=0.08

* 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 0.08 mean?
Saratov Oil Refinery PJSC (MIC:KRKN) has a Receivables Turnover of 0.08 as of Sep. 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 Saratov Oil Refinery PJSC and its competitors.
Is Saratov Oil Refinery PJSC's Receivables Turnover too high?
Saratov Oil Refinery PJSC's current Receivables Turnover is 0.08. The Oil & Gas industry median Receivables Turnover is 8.11. Saratov Oil Refinery PJSC's value of 0.08 is 99% below this industry median. Overall, Saratov Oil Refinery PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saratov Oil Refinery PJSC's Receivables Turnover compare to MPC and PSX?
Saratov Oil Refinery PJSC's Receivables Turnover of 0.08 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 8.11. Saratov Oil Refinery PJSC's value of 0.08 is 99% 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 8.11, based on 901 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. Saratov Oil Refinery PJSC's current Receivables Turnover of 0.08 is 99% 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 Saratov Oil Refinery PJSC and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saratov Oil Refinery PJSC's current Receivables Turnover is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratov Oil Refinery PJSC stock overvalued right now?
Saratov Oil Refinery PJSC (MIC:KRKN) has a current Receivables Turnover of 0.08. The current Receivables Turnover is 0.08 and 99% below the Oil & Gas industry median of 8.11. Saratov Oil Refinery 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 Saratov Oil Refinery PJSC (MIC:KRKN), the current Receivables Turnover is 0.08 as of Sep. 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.

Saratov Oil Refinery PJSC Business Description

Industry EnergyOil & Gas
Address Bryanskaya street 1, Saratov, RUS, 410022
Saratov Oil Refinery PJSC is engaged in the refining of crude oil. The company also manufactures petrochemical products in Russia at Angarsk polymer plant, which specializes in the production of ethylene, propylene and polyethylene.
17GF Score

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