Criterium Energy (TSXV:CEQ) Receivables Turnover: 6.39 (As of Mar. 2026)

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What is Criterium Energy Receivables Turnover?

Criterium Energy TSXV:CEQ Receivables Turnover is 6.39 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 893 Oil & Gas companies, Criterium Energy ranks better than 78.95% on this metric.

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. Criterium Energy's Revenue for the three months ended in Mar. 2026 was C$7.93 Mil. Criterium Energy's average Accounts Receivable for the three months ended in Mar. 2026 was C$1.24 Mil. Hence, Criterium Energy's Receivables Turnover for the three months ended in Mar. 2026 was 6.39.


Criterium Energy  (TSXV:CEQ) 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.


Criterium Energy Receivables Turnover Related Terms


Criterium Energy Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Criterium Energy'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.

Criterium Energy Receivables Turnover Chart

Criterium Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.79 2.32 1.20 97.08 65.72

Criterium Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.93 2.42 2.98 4.62 6.39

TSXV:CEQ vs COP, EOG, FANG: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Criterium Energy'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.


Criterium Energy Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Criterium Energy's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Criterium Energy's Receivables Turnover falls into.



Criterium Energy Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Criterium Energy's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=33.815 / ((0.553 + 0.476) / 2 )
=33.815 / 0.5145
=65.72

Criterium Energy's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=7.927 / ((0.476 + 2.007) / 2 )
=7.927 / 1.2415
=6.39

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 6.39 mean?
Criterium Energy (TSXV:CEQ) has a Receivables Turnover of 6.39 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 Criterium Energy and its competitors. According to the industry distribution chart, Criterium Energy ranks #188 out of 893 companies in the Oil & Gas industry, placing it in the top 21.1%.
Is Criterium Energy's Receivables Turnover too high?
Criterium Energy's current Receivables Turnover is 6.39. The Oil & Gas industry median Receivables Turnover is 7.98. Criterium Energy's value of 6.39 is 19.9% below this industry median. Based on the distribution chart, Criterium Energy ranks #188 out of 893 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Criterium Energy's Receivables Turnover compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Criterium Energy ranks #188 out of 893 companies for Receivables Turnover. This places Criterium Energy in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.98. Criterium Energy's value of 6.39 is 19.9% 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 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. Criterium Energy's current Receivables Turnover of 6.39 is 19.9% 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 Criterium Energy 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. Criterium Energy's current Receivables Turnover is 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Criterium Energy stock overvalued right now?
Criterium Energy (TSXV:CEQ) has a current Receivables Turnover of 6.39. The current Receivables Turnover is 6.39 and 19.9% below the Oil & Gas industry median of 7.98. 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 Criterium Energy (TSXV:CEQ), the current Receivables Turnover is 6.39 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.

Criterium Energy Business Description

Industry EnergyOil & Gas
Address 202-6 Avenue South West, Bow Valley Square 1, Suite 1120, Calgary, AB, CAN, T2P 2R9
Criterium Energy Ltd are engaged in the exploration, appraisal and development of petroleum and natural gas in Indonesia. The company has one operating segment, being the acquisition, exploration, development and production of oil and gas properties in Indonesia.