Saipem SpASAPMF +1.41%57 Receivables Turnover is 1.29 as of Mar. 2026. GuruFocus rates SAPMF with a GF Score™ of 57/100 and a GF Value™ of $2.90 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 893 Oil & Gas companies, Saipem SpA ranks worse than 63.83% 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. Saipem SpA's Revenue for the
three
months ended in Mar. 2026 was $4,079 Mil. Saipem SpA's average Accounts Receivable for the
three
months ended in Mar. 2026 was $3,165 Mil.
Hence, Saipem SpA's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.29.
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.
Saipem SpA Receivables Turnover Related Terms
Saipem SpA Receivables Turnover Historical Data
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The historical data trend for Saipem SpA'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.
SAPMF vs SLB, BKR, HAL: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, Saipem SpA'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.
Saipem SpA Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saipem SpA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Saipem SpA'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.
Saipem SpA (SAPMF) has a Receivables Turnover of 1.29 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 Saipem SpA and its competitors. According to the industry distribution chart, Saipem SpA ranks #570 out of 893 companies in the Oil & Gas industry, placing it in the top 63.8%.
Is Saipem SpA's Receivables Turnover too high?
Saipem SpA's current Receivables Turnover is 1.29. The Oil & Gas industry median Receivables Turnover is 7.99. Saipem SpA's value of 1.29 is 83.9% below this industry median. Based on the distribution chart, Saipem SpA ranks #570 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Saipem SpA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Saipem SpA's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Saipem SpA ranks #570 out of 893 companies for Receivables Turnover. This places Saipem SpA in the lower half of its industry. The industry median Receivables Turnover is 7.99. Saipem SpA's value of 1.29 is 83.9% 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. Saipem SpA's current Receivables Turnover of 1.29 is 83.9% 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 Saipem SpA 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. Saipem SpA's current Receivables Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saipem SpA stock overvalued right now?
Based on GuruFocus' analysis, Saipem SpA (SAPMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.90, compared to a current price of $5.02 — trading 73.1% above its estimated fair value. The current Receivables Turnover is 1.29 and 83.9% below the Oil & Gas industry median of 7.99. Saipem SpA's overall GF Score™ is 57/100 with 8 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 Saipem SpA (SAPMF), the current Receivables Turnover is 1.29 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 Saipem SpA (SAPMF) Overvalued in 2026?
Based on GuruFocus' analysis, Saipem SpA stock appears to be overvalued.
The current stock price of $5.02 is trading 73.1% above its estimated GF Value™ of $2.90.
GuruFocus considers Saipem SpA to be Significantly Overvalued.
Key valuation signals for SAPMF:
Receivables Turnover: 1.29
GF Value™: $2.90 vs. price of $5.02 (73.1% above fair value)
Industry Position: 83.9% below the Oil & Gas median (#570 of 893)
No single metric tells the full story. See the SAPMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saipem SpA specializes in engineering and construction of projects for the energy and infrastructure sectors, offshore and onshore. The company operates through Asset-Based Services, Offshore Drilling, and Energy Carriers segments. Key revenue is generated from Asset-Based Services, which includes the Offshore Engineering & Construction and Offshore Wind activities. The Energy Carriers segment includes the Onshore Engineering & Construction, Sustainable Infrastructures, and Robotics & Industrialized Solutions activities. Its revenue by geographical segment includes Italy, Rest of Europe, CSI, Rest of Asia, etc.
57GF Score
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