POGS (Pioneer Oil & Gas) Receivables Turnover: 13.15 (As of Jun. 2005)

What is Pioneer Oil & Gas Receivables Turnover?

Pioneer Oil & Gas POGS Receivables Turnover is 13.15 as of Jun. 2005.

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. Pioneer Oil & Gas's Revenue for the three months ended in Jun. 2005 was $2.74 Mil. Pioneer Oil & Gas's average Accounts Receivable for the three months ended in Jun. 2005 was $0.21 Mil. Hence, Pioneer Oil & Gas's Receivables Turnover for the three months ended in Jun. 2005 was 13.15.

Pioneer Oil & Gas (OTCPK:POGS) 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.

Pioneer Oil & Gas Receivables Turnover Related Terms

Pioneer Oil & Gas Receivables Turnover Historical Data

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The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Receivables Turnover Chart

Pioneer Oil & Gas Annual Data

Trend

Sep00

Sep01

Sep02

Sep03

Sep04

Receivables Turnover

0.00

12.24

7.97

14.24

8.51

Pioneer Oil & Gas Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
Receivables Turnover	Get a 7-Day Free Trial															1.43	1.73	1.83	12.10	13.15

POGS vs ECT, TRNX, SLNG: Receivables Turnover Comparison

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.

Pioneer Oil & Gas Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pioneer Oil & Gas's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pioneer Oil & Gas's Receivables Turnover falls into.

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Pioneer Oil & Gas Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Pioneer Oil & Gas's Receivables Turnover for the fiscal year that ended in Sep. 2004 is calculated as

	Receivables Turnover (A: Sep. 2004 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (A: Sep. 2004 )	/ (	(Accounts Receivable (A: Sep. 2003 )	+	Accounts Receivable (A: Sep. 2004 ))	/	count )
=	1.918	/ (	(0.15	+	0.301)	/	2 )
=	1.918	/	0.2255
=	8.51

Pioneer Oil & Gas's Receivables Turnover for the quarter that ended in Jun. 2005 is calculated as

	Receivables Turnover (Q: Jun. 2005 )
=	Revenue	/	Average Accounts Receivable
=	Revenue (Q: Jun. 2005 )	/ (	(Accounts Receivable (Q: Mar. 2005 )	+	Accounts Receivable (Q: Jun. 2005 ))	/	count )
=	2.741	/ (	(0.204	+	0.213)	/	2 )
=	2.741	/	0.2085
=	13.15

Frequently Asked Questions Learn more about Receivables Turnover →

What does a Receivables Turnover of 13.15 mean?

Pioneer Oil & Gas (POGS) has a Receivables Turnover of 13.15 as of Jun. 2005. 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 Pioneer Oil & Gas and its competitors.

Is Pioneer Oil & Gas' Receivables Turnover too high?

Pioneer Oil & Gas' current Receivables Turnover is 13.15. The Oil & Gas industry median Receivables Turnover is 7.99. Pioneer Oil & Gas' value of 13.15 is 64.6% above this industry median.

How does Pioneer Oil & Gas' Receivables Turnover compare to ECT and TRNX?

Pioneer Oil & Gas' Receivables Turnover of 13.15 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.99. Pioneer Oil & Gas' value of 13.15 is 64.6% above 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. Pioneer Oil & Gas's current Receivables Turnover of 13.15 is 64.6% above 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 Pioneer Oil & Gas 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. Pioneer Oil & Gas's current Receivables Turnover is 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pioneer Oil & Gas stock overvalued right now?

Pioneer Oil & Gas (POGS) has a current Receivables Turnover of 13.15. The current Receivables Turnover is 13.15 and 64.6% above the Oil & Gas industry median of 7.99. 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 Pioneer Oil & Gas (POGS), the current Receivables Turnover is 13.15 as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies ECT LSE:VOG LSE:ECHO TRNX LSE:QFI XKLS:7250 HSTC:PGS HKSE:00346 SLNG TSXV:PEA AE HKSE:01251 STC:PGD HKSE:00228 SZSE:002259 TSE:9535 MIC:YAKG KUW:IPG ISX:SURE OSL:AVANCE

Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512

Website http://www.piol.com

Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.