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. Precision Drilling's Revenue for the
three
months ended in Mar. 2026 was $383 Mil. Precision Drilling's average Accounts Receivable for the
three
months ended in Mar. 2026 was $249 Mil.
Hence, Precision Drilling's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.54.
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.
Precision Drilling Receivables Turnover Related Terms
Precision Drilling Receivables Turnover Historical Data
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The historical data trend for Precision Drilling'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.
PDS vs NE, RIG, VAL: Receivables Turnover Comparison
For the Oil & Gas Drilling subindustry, Precision Drilling'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.
Precision Drilling Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Precision Drilling's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Precision Drilling'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.
Precision Drilling (PDS) has a Receivables Turnover of 1.54 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 Precision Drilling and its competitors. According to the industry distribution chart, Precision Drilling ranks #634 out of 893 companies in the Oil & Gas industry, placing it in the top 71%.
Is Precision Drilling's Receivables Turnover too high?
Precision Drilling's current Receivables Turnover is 1.54. The Oil & Gas industry median Receivables Turnover is 7.99. Precision Drilling's value of 1.54 is 80.7% below this industry median. Based on the distribution chart, Precision Drilling ranks #634 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Precision Drilling has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's Receivables Turnover compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Precision Drilling ranks #634 out of 893 companies for Receivables Turnover. This places Precision Drilling in the lower half of its industry. The industry median Receivables Turnover is 7.99. Precision Drilling's value of 1.54 is 80.7% 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 7.99, based on 893 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. Precision Drilling's current Receivables Turnover of 1.54 is 80.7% 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 Precision Drilling and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Drilling's current Receivables Turnover is 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Drilling stock overvalued right now?
Based on GuruFocus' analysis, Precision Drilling (PDS) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.36, compared to a current price of $77.74 — trading 17.1% above its estimated fair value. The current Receivables Turnover is 1.54 and 80.7% below the Oil & Gas industry median of 7.99. Precision Drilling's overall GF Score™ is 73/100 with 2 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 Precision Drilling (PDS), the current Receivables Turnover is 1.54 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 Precision Drilling (PDS) Overvalued in 2026?
Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued.
The current stock price of $77.74 is trading 17.1% above its estimated GF Value™ of $66.36.
GuruFocus considers Precision Drilling to be Modestly Overvalued.
Key valuation signals for PDS:
Receivables Turnover: 1.54
GF Value™: $66.36 vs. price of $77.74 (17.1% above fair value)
Industry Position: 80.7% below the Oil & Gas median (#634 of 893)
No single metric tells the full story. See the PDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Precision Drilling Corp is a provider of contract drilling, completion, and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. The company operates through two industry segments: Contract Drilling Services, which generates maximum revenue and includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment; and Completion and Production Services, which includes service rigs, oilfield equipment rental, and camp services. The company generates the majority of its revenue from the United States.
73GF Score
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