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. Trican Well Service's Revenue for the
three
months ended in Mar. 2026 was $240.7 Mil. Trican Well Service's average Accounts Receivable for the
three
months ended in Mar. 2026 was $175.3 Mil.
Hence, Trican Well Service's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.37.
Trican Well Service (OTCPK:TOLWF) 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.
Trican Well Service Receivables Turnover Related Terms
Trican Well Service Receivables Turnover Historical Data
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The historical data trend for Trican Well Service'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.
TOLWF vs SLB, BKR, HAL: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, Trican Well Service'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.
Trican Well Service Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trican Well Service's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Trican Well Service'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.
Trican Well Service (TOLWF) has a Receivables Turnover of 1.37 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 Trican Well Service and its competitors. According to the industry distribution chart, Trican Well Service ranks #650 out of 891 companies in the Oil & Gas industry, placing it in the top 73%.
Is Trican Well Service's Receivables Turnover too high?
Trican Well Service's current Receivables Turnover is 1.37. The Oil & Gas industry median Receivables Turnover is 8.00. Trican Well Service's value of 1.37 is 82.9% below this industry median. Based on the distribution chart, Trican Well Service ranks #650 out of 891 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Trican Well Service has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trican Well Service's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Trican Well Service ranks #650 out of 891 companies for Receivables Turnover. This places Trican Well Service in the lower half of its industry. The industry median Receivables Turnover is 8.00. Trican Well Service's value of 1.37 is 82.9% 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 8.00, based on 891 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. Trican Well Service's current Receivables Turnover of 1.37 is 82.9% 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 Trican Well Service and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trican Well Service's current Receivables Turnover is 1.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trican Well Service stock overvalued right now?
Based on GuruFocus' analysis, Trican Well Service (TOLWF) is currently considered Fairly Valued. The stock's GF Value™ is $4.34, compared to a current price of $4.65 — trading 7.1% above its estimated fair value. The current Receivables Turnover is 1.37 and 82.9% below the Oil & Gas industry median of 8.00. Trican Well Service's overall GF Score™ is 79/100 with 1 warning sign 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 Trican Well Service (TOLWF), the current Receivables Turnover is 1.37 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 Trican Well Service (TOLWF) Overvalued in 2026?
Based on GuruFocus' analysis, Trican Well Service stock appears to be overvalued.
The current stock price of $4.65 is trading 7.1% above its estimated GF Value™ of $4.34.
GuruFocus considers Trican Well Service to be Fairly Valued.
Key valuation signals for TOLWF:
Receivables Turnover: 1.37
GF Value™: $4.34 vs. price of $4.65 (7.1% above fair value)
Industry Position: 82.9% below the Oil & Gas median (#650 of 891)
No single metric tells the full story. See the TOLWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells through its continuing pressure pumping operations in Canada. Additionally, the company offers services related to coiled tubing, pipeline service, cementing, fracturing, and reservoir solutions to customers operating from bases located across the Western Canadian Sedimentary Basin (WCSB).
79GF Score
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