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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. CES Energy Solutions's Revenue for the
three
months ended in Mar. 2026 was C$682 Mil. CES Energy Solutions's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$490 Mil.
Hence, CES Energy Solutions's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.39.
CES Energy Solutions (TSX:CEU) 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.
CES Energy Solutions Receivables Turnover Related Terms
CES Energy Solutions Receivables Turnover Historical Data
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The historical data trend for CES Energy Solutions'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.
TSX:CEU vs SLB, BKR, HAL: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, CES Energy Solutions'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.
CES Energy Solutions Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CES Energy Solutions's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CES Energy Solutions'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.
CES Energy Solutions (TSX:CEU) has a Receivables Turnover of 1.39 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 CES Energy Solutions and its competitors. According to the industry distribution chart, CES Energy Solutions ranks #645 out of 893 companies in the Oil & Gas industry, placing it in the top 72.2%.
Is CES Energy Solutions' Receivables Turnover too high?
CES Energy Solutions' current Receivables Turnover is 1.39. The Oil & Gas industry median Receivables Turnover is 7.98. CES Energy Solutions' value of 1.39 is 82.6% below this industry median. Based on the distribution chart, CES Energy Solutions ranks #645 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CES Energy Solutions has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CES Energy Solutions' Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CES Energy Solutions ranks #645 out of 893 companies for Receivables Turnover. This places CES Energy Solutions in the lower half of its industry. The industry median Receivables Turnover is 7.98. CES Energy Solutions' value of 1.39 is 82.6% 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 7.98, 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. CES Energy Solutions's current Receivables Turnover of 1.39 is 82.6% 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 CES Energy Solutions and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CES Energy Solutions's current Receivables Turnover is 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CES Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, CES Energy Solutions (TSX:CEU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.35, compared to a current price of C$16.15 — trading 72.7% above its estimated fair value. The current Receivables Turnover is 1.39 and 82.6% below the Oil & Gas industry median of 7.98. CES Energy Solutions' overall GF Score™ is 78/100 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 CES Energy Solutions (TSX:CEU), the current Receivables Turnover is 1.39 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 CES Energy Solutions (TSX:CEU) Overvalued in 2026?
Based on GuruFocus' analysis, CES Energy Solutions stock appears to be overvalued.
The current stock price of C$16.15 is trading 72.7% above its estimated GF Value™ of C$9.35.
GuruFocus considers CES Energy Solutions to be Significantly Overvalued.
Key valuation signals for TSX:CEU:
Receivables Turnover: 1.39
GF Value™: C$9.35 vs. price of C$16.15 (72.7% above fair value)
Industry Position: 82.6% below the Oil & Gas median (#645 of 893)
No single metric tells the full story. See the TSX:CEU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CES Energy Solutions Corp business is to design, implement, and manufacture consumable fluids and specialty chemicals for the North American oil and gas industry. This includes solutions at drill-bit, at point of completion and stimulation, at wellhead and pump-jack and to the pipeline and midstream market. Its geographical segments are the United States and Canada, of which the majority of its revenue comes from the United States.
78GF Score
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