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. PJSC Slavneft Megionneftegas's Revenue for the
three
months ended in Sep. 2023 was ₽56,273 Mil. PJSC Slavneft Megionneftegas's average Accounts Receivable for the
three
months ended in Sep. 2023 was ₽63,189 Mil.
Hence, PJSC Slavneft Megionneftegas's Receivables Turnover for the
three
months ended in Sep. 2023 was 0.89.
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.
PJSC Slavneft Megionneftegas Receivables Turnover Related Terms
PJSC Slavneft Megionneftegas Receivables Turnover Historical Data
* 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:MFGS vs COP, EOG, PXD: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, PJSC Slavneft Megionneftegas'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.
PJSC Slavneft Megionneftegas Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PJSC Slavneft Megionneftegas's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where PJSC Slavneft Megionneftegas'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.
PJSC Slavneft Megionneftegas (MIC:MFGS) has a Receivables Turnover of 0.89 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 PJSC Slavneft Megionneftegas and its competitors.
Is PJSC Slavneft Megionneftegas' Receivables Turnover too high?
PJSC Slavneft Megionneftegas' current Receivables Turnover is 0.89. The Oil & Gas industry median Receivables Turnover is 7.95. PJSC Slavneft Megionneftegas' value of 0.89 is 88.8% below this industry median. Overall, PJSC Slavneft Megionneftegas has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Slavneft Megionneftegas' Receivables Turnover compare to COP and EOG?
PJSC Slavneft Megionneftegas' Receivables Turnover of 0.89 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.95. PJSC Slavneft Megionneftegas' value of 0.89 is 88.8% 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 7.95, based on 896 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. PJSC Slavneft Megionneftegas's current Receivables Turnover of 0.89 is 88.8% 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 PJSC Slavneft Megionneftegas 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. PJSC Slavneft Megionneftegas's current Receivables Turnover is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Slavneft Megionneftegas stock overvalued right now?
PJSC Slavneft Megionneftegas (MIC:MFGS) has a current Receivables Turnover of 0.89. The current Receivables Turnover is 0.89 and 88.8% below the Oil & Gas industry median of 7.95. PJSC Slavneft Megionneftegas' 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 PJSC Slavneft Megionneftegas (MIC:MFGS), the current Receivables Turnover is 0.89 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.
PJSC Slavneft Megionneftegas is engaged in the oil and gas production activities in Russia. The company through its subsidiaries operates at the Megionskoye, Aganskoye, Vatinskoye, Tailakovskoye and other fields located in the Nizhnevartovsk, Surgut, Nefteyugansk regions of the Khanty-Mansi Autonomous Area - Yugra.
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