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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. Ensign Energy Services's Revenue for the
three
months ended in Mar. 2026 was C$418 Mil. Ensign Energy Services's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$287 Mil.
Hence, Ensign Energy Services's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.46.
Ensign Energy Services (TSX:ESI) 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.
Ensign Energy Services Receivables Turnover Related Terms
Ensign Energy Services Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Ensign Energy Services'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:ESI vs NE, RIG, VAL: Receivables Turnover Comparison
For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.
Ensign Energy Services Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ensign Energy Services's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ensign Energy Services'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.
Ensign Energy Services (TSX:ESI) has a Receivables Turnover of 1.46 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 Ensign Energy Services and its competitors. According to the industry distribution chart, Ensign Energy Services ranks #607 out of 893 companies in the Oil & Gas industry, placing it in the top 68%.
Is Ensign Energy Services' Receivables Turnover too high?
Ensign Energy Services' current Receivables Turnover is 1.46. The Oil & Gas industry median Receivables Turnover is 7.98. Ensign Energy Services' value of 1.46 is 81.7% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #607 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Receivables Turnover compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #607 out of 893 companies for Receivables Turnover. This places Ensign Energy Services in the lower half of its industry. The industry median Receivables Turnover is 7.98. Ensign Energy Services' value of 1.46 is 81.7% 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. Ensign Energy Services's current Receivables Turnover of 1.46 is 81.7% 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 Ensign Energy Services 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. Ensign Energy Services's current Receivables Turnover is 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.39, compared to a current price of C$3.52 — trading 47.3% above its estimated fair value. The current Receivables Turnover is 1.46 and 81.7% below the Oil & Gas industry median of 7.98. Ensign Energy Services' overall GF Score™ is 79/100 with 3 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 Ensign Energy Services (TSX:ESI), the current Receivables Turnover is 1.46 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?
Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued.
The current stock price of C$3.52 is trading 47.3% above its estimated GF Value™ of C$2.39.
GuruFocus considers Ensign Energy Services to be Significantly Overvalued.
Key valuation signals for TSX:ESI:
Receivables Turnover: 1.46
GF Value™: C$2.39 vs. price of C$3.52 (47.3% above fair value)
Industry Position: 81.7% below the Oil & Gas median (#607 of 893)
No single metric tells the full story. See the TSX:ESI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
79GF Score
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