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. Permex Petroleum's Revenue for the
three
months ended in Jun. 2025 was $0.06 Mil. Permex Petroleum's average Accounts Receivable for the
three
months ended in Jun. 2025 was $0.21 Mil.
Hence, Permex Petroleum's Receivables Turnover for the
three
months ended in Jun. 2025 was 0.29.
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.
Permex Petroleum Receivables Turnover Related Terms
Permex Petroleum Receivables Turnover Historical Data
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The historical data trend for Permex Petroleum'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.
OILCF vs FECOF, PTCO, GRVE: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Permex Petroleum'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.
Permex Petroleum Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Permex Petroleum's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Permex Petroleum'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.
Permex Petroleum (OILCF) has a Receivables Turnover of 0.29 as of Jun. 2025. 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 Permex Petroleum and its competitors.
Is Permex Petroleum's Receivables Turnover too high?
Permex Petroleum's current Receivables Turnover is 0.29. The Oil & Gas industry median Receivables Turnover is 7.95. Permex Petroleum's value of 0.29 is 96.4% below this industry median. Overall, Permex Petroleum has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Permex Petroleum's Receivables Turnover compare to FECOF and PTCO?
Permex Petroleum's Receivables Turnover of 0.29 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.95. Permex Petroleum's value of 0.29 is 96.4% 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. Permex Petroleum's current Receivables Turnover of 0.29 is 96.4% 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 Permex Petroleum 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. Permex Petroleum's current Receivables Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permex Petroleum stock overvalued right now?
Permex Petroleum (OILCF) has a current Receivables Turnover of 0.29. The current Receivables Turnover is 0.29 and 96.4% below the Oil & Gas industry median of 7.95. Permex Petroleum's overall GF Score™ is 57/100. 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 Permex Petroleum (OILCF), the current Receivables Turnover is 0.29 as of Jun. 2025. 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.
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum U.S. Corporation owns and operates on private, state, and federal land. The company has a single reportable segment which is acquisition, development, and production of oil and gas properties in the United States.
57GF Score
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