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. National Energy Services Reunited's Revenue for the
three
months ended in Mar. 2026 was $405 Mil. National Energy Services Reunited's average Accounts Receivable for the
three
months ended in Mar. 2026 was $203 Mil.
Hence, National Energy Services Reunited's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.99.
National Energy Services Reunited (NAS:NESR) 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.
National Energy Services Reunited Receivables Turnover Related Terms
National Energy Services Reunited 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.
National Energy Services Reunited Receivables Turnover Chart
NESR vs WTTR, TDW, AESI: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, National Energy Services Reunited'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.
National Energy Services Reunited Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Energy Services Reunited's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where National Energy Services Reunited'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.
National Energy Services Reunited (NESR) has a Receivables Turnover of 1.99 as of Mar. 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 National Energy Services Reunited and its competitors. According to the industry distribution chart, National Energy Services Reunited ranks #466 out of 891 companies in the Oil & Gas industry, placing it in the top 52.3%.
Is National Energy Services Reunited's Receivables Turnover too high?
National Energy Services Reunited's current Receivables Turnover is 1.99. The Oil & Gas industry median Receivables Turnover is 7.98. National Energy Services Reunited's value of 1.99 is 75.1% below this industry median. Based on the distribution chart, National Energy Services Reunited ranks #466 out of 891 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, National Energy Services Reunited has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Energy Services Reunited's Receivables Turnover compare to WTTR and TDW?
According to the Oil & Gas industry distribution chart, National Energy Services Reunited ranks #466 out of 891 companies for Receivables Turnover. This places National Energy Services Reunited in the lower half of its industry. The industry median Receivables Turnover is 7.98. National Energy Services Reunited's value of 1.99 is 75.1% 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 7.98, based on 891 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. National Energy Services Reunited's current Receivables Turnover of 1.99 is 75.1% 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 National Energy Services Reunited and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Energy Services Reunited's current Receivables Turnover is 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Energy Services Reunited stock overvalued right now?
Based on GuruFocus' analysis, National Energy Services Reunited (NESR) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.73, compared to a current price of $27.88 — trading 159.8% above its estimated fair value. The current Receivables Turnover is 1.99 and 75.1% below the Oil & Gas industry median of 7.98. National Energy Services Reunited's overall GF Score™ is 62/100 with 6 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 National Energy Services Reunited (NESR), the current Receivables Turnover is 1.99 as of Mar. 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 National Energy Services Reunited (NESR) Overvalued in 2026?
Based on GuruFocus' analysis, National Energy Services Reunited stock appears to be overvalued.
The current stock price of $27.88 is trading 159.8% above its estimated GF Value™ of $10.73.
GuruFocus considers National Energy Services Reunited to be Significantly Overvalued.
Key valuation signals for NESR:
Receivables Turnover: 1.99
GF Value™: $10.73 vs. price of $27.88 (159.8% above fair value)
Industry Position: 75.1% below the Oil & Gas median (#466 of 891)
No single metric tells the full story. See the NESR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Energy Services Reunited Business Description
National Energy Services Reunited Corp is an oilfield services provider in the Middle East and North Africa (MENA) region serving oil and natural gas companies. It provides upstream and midstream oilfield services, including hydraulic fracturing, coiled tubing, stimulation and pumping, cementing, as well as drilling and evaluation services such as rigs, directional drilling, drilling and completion fluids, pressure control, and well testing. Its segments are Production Services, which includes services during the completion and production stages of a well's lifecycle and generates maximum revenue, and Drilling and Evaluation Services, which includes services related to drilling operations during the well construction stage. The majority of revenue is generated from the MENA region.
62GF Score
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