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. Petrus Resources's Revenue for the
three
months ended in Mar. 2026 was C$27.82 Mil. Petrus Resources's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$13.03 Mil.
Hence, Petrus Resources's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.13.
Petrus Resources (TSX:PRQ) 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.
Petrus Resources Receivables Turnover Related Terms
Petrus Resources Receivables Turnover Historical Data
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The historical data trend for Petrus Resources'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:PRQ vs COP, EOG, FANG: Receivables Turnover Comparison
For the Oil & Gas E&P subindustry, Petrus Resources'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.
Petrus Resources Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petrus Resources's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Petrus Resources'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.
Petrus Resources (TSX:PRQ) has a Receivables Turnover of 2.13 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 Petrus Resources and its competitors. According to the industry distribution chart, Petrus Resources ranks #454 out of 891 companies in the Oil & Gas industry, placing it in the top 51%.
Is Petrus Resources' Receivables Turnover too high?
Petrus Resources' current Receivables Turnover is 2.13. The Oil & Gas industry median Receivables Turnover is 8.00. Petrus Resources' value of 2.13 is 73.4% below this industry median. Based on the distribution chart, Petrus Resources ranks #454 out of 891 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Petrus Resources has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petrus Resources' Receivables Turnover compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Petrus Resources ranks #454 out of 891 companies for Receivables Turnover. This places Petrus Resources in the lower half of its industry. The industry median Receivables Turnover is 8.00. Petrus Resources' value of 2.13 is 73.4% 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. Petrus Resources's current Receivables Turnover of 2.13 is 73.4% 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 Petrus Resources 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. Petrus Resources's current Receivables Turnover is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrus Resources stock overvalued right now?
Based on GuruFocus' analysis, Petrus Resources (TSX:PRQ) is currently considered Significantly Overvalued. The stock's GF Value™ is C$1.08, compared to a current price of C$1.70 — trading 57.4% above its estimated fair value. The current Receivables Turnover is 2.13 and 73.4% below the Oil & Gas industry median of 8.00. Petrus Resources' overall GF Score™ is 59/100 with 8 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 Petrus Resources (TSX:PRQ), the current Receivables Turnover is 2.13 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 Petrus Resources (TSX:PRQ) Overvalued in 2026?
Based on GuruFocus' analysis, Petrus Resources stock appears to be overvalued.
The current stock price of C$1.70 is trading 57.4% above its estimated GF Value™ of C$1.08.
GuruFocus considers Petrus Resources to be Significantly Overvalued.
Key valuation signals for TSX:PRQ:
Receivables Turnover: 2.13
GF Value™: C$1.08 vs. price of C$1.70 (57.4% above fair value)
Industry Position: 73.4% below the Oil & Gas median (#454 of 891)
No single metric tells the full story. See the TSX:PRQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petrus Resources Ltd is an oil and gas company that is engaged in the acquisition, development, exploration, and exploitation of energy business assets. The company receives maximum revenue from oil and natural gas. The company's core operating areas are Ferrier, Central Alberta, and the Rocky Mountain foothills.
59GF Score
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