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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. Teekay Tankers's Revenue for the
three
months ended in Mar. 2026 was $286 Mil. Teekay Tankers's average Accounts Receivable for the
three
months ended in Mar. 2026 was $98 Mil.
Hence, Teekay Tankers's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.92.
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.
Teekay Tankers Receivables Turnover Related Terms
Teekay Tankers Receivables Turnover Historical Data
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The historical data trend for Teekay Tankers'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.
TNK vs NGL, DHT, GEL: Receivables Turnover Comparison
For the Oil & Gas Midstream subindustry, Teekay Tankers'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.
Teekay Tankers Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Teekay Tankers's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Teekay Tankers'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.
Teekay Tankers (TNK) has a Receivables Turnover of 2.92 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 Teekay Tankers and its competitors. According to the industry distribution chart, Teekay Tankers ranks #247 out of 892 companies in the Oil & Gas industry, placing it in the top 27.7%.
Is Teekay Tankers' Receivables Turnover too high?
Teekay Tankers' current Receivables Turnover is 2.92. The Oil & Gas industry median Receivables Turnover is 7.97. Teekay Tankers' value of 2.92 is 63.3% below this industry median. Based on the distribution chart, Teekay Tankers ranks #247 out of 892 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Teekay Tankers has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teekay Tankers' Receivables Turnover compare to NGL and DHT?
According to the Oil & Gas industry distribution chart, Teekay Tankers ranks #247 out of 892 companies for Receivables Turnover. This puts Teekay Tankers in the upper half of its industry. The industry median Receivables Turnover is 7.97. Teekay Tankers' value of 2.92 is 63.3% 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 7.97, 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. Teekay Tankers's current Receivables Turnover of 2.92 is 63.3% 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 Teekay Tankers and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teekay Tankers's current Receivables Turnover is 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teekay Tankers stock overvalued right now?
Based on GuruFocus' analysis, Teekay Tankers (TNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $37.71, compared to a current price of $75.63 — trading 100.5% above its estimated fair value. The current Receivables Turnover is 2.92 and 63.3% below the Oil & Gas industry median of 7.97. Teekay Tankers' overall GF Score™ is 59/100 with 7 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 Teekay Tankers (TNK), the current Receivables Turnover is 2.92 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 Teekay Tankers (TNK) Overvalued in 2026?
Based on GuruFocus' analysis, Teekay Tankers stock appears to be overvalued.
The current stock price of $75.63 is trading 100.5% above its estimated GF Value™ of $37.71.
GuruFocus considers Teekay Tankers to be Significantly Overvalued.
Key valuation signals for TNK:
Receivables Turnover: 2.92
GF Value™: $37.71 vs. price of $75.63 (100.5% above fair value)
Industry Position: 63.3% below the Oil & Gas median (#247 of 892)
No single metric tells the full story. See the TNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Teekay Tankers Ltd is a provider of marine services to the international oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: Tankers, which consists of the operation of all of the company's tankers (including the operations from those tankers employed on full service lightering contracts), and the company's U.S. based ship-to-ship support service operations (including its lightering support services provided as part of full service lightering operations); and Marine Services, which consists of operational and maintenance marine services provided to the Australian government, Australian energy companies and other third parties. The company generates the majority of its revenue from the Tankers segment.
59GF Score
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