Vantage Drilling InternationalVTDRF 8 Receivables Turnover is 5.56 as of Dec. 2022. GuruFocus rates VTDRF with a GF Score™ of 8/100. Among 893 Oil & Gas companies, Vantage Drilling International ranks worse than 111981.97% 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. Vantage Drilling International's Revenue for the
six
months ended in Dec. 2022 was $278.7 Mil. Vantage Drilling International's average Accounts Receivable for the
six
months ended in Dec. 2022 was $50.2 Mil.
Hence, Vantage Drilling International's Receivables Turnover for the
six
months ended in Dec. 2022 was 5.56.
Vantage Drilling International (OTCPK:VTDRF) 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.
Vantage Drilling International Receivables Turnover Related Terms
Vantage Drilling International Receivables Turnover Historical Data
* 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.
Vantage Drilling International Receivables Turnover Chart
VTDRF vs SOC, NBR, NE: Receivables Turnover Comparison
For the Oil & Gas Drilling subindustry, Vantage Drilling International'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.
Vantage Drilling International Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Vantage Drilling International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vantage Drilling International'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.
Vantage Drilling International (VTDRF) has a Receivables Turnover of 5.56 as of Dec. 2022. 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 Vantage Drilling International and its competitors. According to the industry distribution chart, Vantage Drilling International ranks #999999 out of 893 companies in the Oil & Gas industry.
Is Vantage Drilling International's Receivables Turnover too high?
Vantage Drilling International's current Receivables Turnover is 5.56. The Oil & Gas industry median Receivables Turnover is 7.99. Vantage Drilling International's value of 5.56 is 30.4% below this industry median. Based on the distribution chart, Vantage Drilling International ranks #999999 out of 893 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Vantage Drilling International has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Drilling International's Receivables Turnover compare to SOC and NBR?
According to the Oil & Gas industry distribution chart, Vantage Drilling International ranks #999999 out of 893 companies for Receivables Turnover. This places Vantage Drilling International in the lower half of its industry. The industry median Receivables Turnover is 7.99. Vantage Drilling International's value of 5.56 is 30.4% 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 7.99, 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. Vantage Drilling International's current Receivables Turnover of 5.56 is 30.4% 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 Vantage Drilling International and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vantage Drilling International's current Receivables Turnover is 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Drilling International stock overvalued right now?
Vantage Drilling International (VTDRF) has a current Receivables Turnover of 5.56. The current Receivables Turnover is 5.56 and 30.4% below the Oil & Gas industry median of 7.99. Vantage Drilling International's overall GF Score™ is 8/100. 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 Vantage Drilling International (VTDRF), the current Receivables Turnover is 5.56 as of Dec. 2022. 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.
Vantage Drilling International Business Description
Vantage Drilling International Ltd is an international offshore drilling company engaged in providing contract drilling services and related support services. The company operates through two segments: Drilling Services, which includes activities related to owned rigs, and Managed Services, which involves managing and supporting rigs owned by third parties. It mainly provides offshore drilling services to oil and gas companies in international markets.
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