STR.WS (Sitio Royalties) Receivables Turnover: 2.04 (As of Mar. 2022)

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STR.WS Sitio Royalties Corp STR.WS
12 GF Score
Price $0.01
! 4 Warning Signs
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What is Sitio Royalties Receivables Turnover?

Sitio Royalties STR.WS 12 Receivables Turnover is 2.04 as of Mar. 2022. GuruFocus rates STR.WS with a GF Score™ of 12/100. The stock has 4 warning signs investors should review.

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. Sitio Royalties's Revenue for the three months ended in Mar. 2022 was $22.31 Mil. Sitio Royalties's average Accounts Receivable for the three months ended in Mar. 2022 was $10.93 Mil. Hence, Sitio Royalties's Receivables Turnover for the three months ended in Mar. 2022 was 2.04.


Sitio Royalties  (AMEX:STR.WS) 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.


Sitio Royalties Receivables Turnover Related Terms


Sitio Royalties Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Sitio Royalties'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.

Sitio Royalties Receivables Turnover Chart

Sitio Royalties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial 7.78 8.16 7.15 5.84 8.81

Sitio Royalties Quarterly Data
Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 1.86 2.05 2.05 2.04

STR.WS vs AMPY, CEI, EP: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Sitio Royalties'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.


Sitio Royalties Receivables Turnover vs Oil & Gas Industry

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

* The bar in red indicates where Sitio Royalties's Receivables Turnover falls into.


STR.WS
12GF Score
Sitio Royalties Corp STR.WS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sitio Royalties Receivables Turnover Calculation

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

Sitio Royalties's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=68.008 / ((5.419 + 10.018) / 2 )
=68.008 / 7.7185
=8.81

Sitio Royalties's Receivables Turnover for the quarter that ended in Mar. 2022 is calculated as

Receivables Turnover (Q: Mar. 2022 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2022 ) / ((Accounts Receivable (Q: Dec. 2021 ) + Accounts Receivable (Q: Mar. 2022 )) / count )
=22.305 / ((10.018 + 11.844) / 2 )
=22.305 / 10.931
=2.04

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.04 mean?
Sitio Royalties (STR.WS) has a Receivables Turnover of 2.04 as of Mar. 2022. 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 Sitio Royalties and its competitors.
Is Sitio Royalties' Receivables Turnover too high?
Sitio Royalties' current Receivables Turnover is 2.04. The Oil & Gas industry median Receivables Turnover is 8.05. Sitio Royalties' value of 2.04 is 74.6% below this industry median. Overall, Sitio Royalties has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sitio Royalties' Receivables Turnover compare to AMPY and CEI?
Sitio Royalties' Receivables Turnover of 2.04 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 8.05. Sitio Royalties' value of 2.04 is 74.6% 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 8.05, based on 896 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. Sitio Royalties's current Receivables Turnover of 2.04 is 74.6% 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 Sitio Royalties and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sitio Royalties's current Receivables Turnover is 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sitio Royalties stock overvalued right now?
Sitio Royalties (STR.WS) has a current Receivables Turnover of 2.04. The current Receivables Turnover is 2.04 and 74.6% below the Oil & Gas industry median of 8.05. Sitio Royalties' overall GF Score™ is 12/100 with 4 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 Sitio Royalties (STR.WS), the current Receivables Turnover is 2.04 as of Mar. 2022. 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.

Sitio Royalties Business Description

Industry EnergyOil & Gas
Address 609 Main Street, Suite 3950, Houston, TX, USA, 77002
Sitio Royalties Corp is a pure-play mineral and royalty company. The group is focused on large-scale consolidation of high-quality oil & gas mineral and royalty interests across premium basins. Sitio invests in mineral and royalty interests in the Permian and other productive U.S. oil basins.
12GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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