NXT Energy SolutionsNSFDF 30 Receivables Turnover is 0.04 as of Mar. 2026. GuruFocus rates NSFDF with a GF Score™ of 30/100 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 892 Oil & Gas companies, NXT Energy Solutions ranks worse than 95.85% 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. NXT Energy Solutions's Revenue for the
three
months ended in Mar. 2026 was $0.08 Mil. NXT Energy Solutions's average Accounts Receivable for the
three
months ended in Mar. 2026 was $2.05 Mil.
Hence, NXT Energy Solutions's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.04.
NXT Energy Solutions (OTCPK:NSFDF) 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.
NXT Energy Solutions Receivables Turnover Related Terms
NXT Energy Solutions Receivables Turnover Historical Data
* Premium members only.
The historical data trend for NXT Energy Solutions'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.
NSFDF vs SLB, BKR, HAL: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, NXT Energy Solutions'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.
NXT Energy Solutions Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NXT Energy Solutions's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where NXT Energy Solutions'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.
NXT Energy Solutions (NSFDF) has a Receivables Turnover of 0.04 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 NXT Energy Solutions and its competitors. According to the industry distribution chart, NXT Energy Solutions ranks #855 out of 892 companies in the Oil & Gas industry, placing it in the top 95.9%.
Is NXT Energy Solutions' Receivables Turnover too high?
NXT Energy Solutions' current Receivables Turnover is 0.04. The Oil & Gas industry median Receivables Turnover is 7.95. NXT Energy Solutions' value of 0.04 is 99.5% below this industry median. Based on the distribution chart, NXT Energy Solutions ranks #855 out of 892 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NXT Energy Solutions has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NXT Energy Solutions' Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NXT Energy Solutions ranks #855 out of 892 companies for Receivables Turnover. This places NXT Energy Solutions in the lower half of its industry. The industry median Receivables Turnover is 7.95. NXT Energy Solutions' value of 0.04 is 99.5% 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. NXT Energy Solutions's current Receivables Turnover of 0.04 is 99.5% 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 NXT Energy Solutions 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. NXT Energy Solutions's current Receivables Turnover is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NXT Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, NXT Energy Solutions (NSFDF) is currently considered Possible Value Trap. The current Receivables Turnover is 0.04 and 99.5% below the Oil & Gas industry median of 7.95. NXT Energy Solutions' overall GF Score™ is 30/100 with 7 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 NXT Energy Solutions (NSFDF), the current Receivables Turnover is 0.04 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.
NXT Energy Solutions Inc is a Canadian company which offers geophysical service to the upstream oil and gas industry using its gravity-based Stress Field Detection (SFD) remote-sensing survey system. The SFD is an airborne survey system that is used in the oil and natural gas exploration industry to help in identifying areas with hydrocarbon reservoir potential. The SFD system is used to accelerate onshore and offshore exploration over any terrain with the objective of reducing the total time, cost and risk of the exploration cycle, with no environmental footprint or community impact.
30GF Score
Get the complete analysis for NSFDF
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSFDF has been successfully added to your 
