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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. Western Energy Services's Revenue for the
three
months ended in Jun. 2026 was $27.5 Mil. Western Energy Services's average Accounts Receivable for the
three
months ended in Jun. 2026 was $20.9 Mil.
Hence, Western Energy Services's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.32.
Western Energy Services (OTCPK:WEEEF) 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.
Western Energy Services Receivables Turnover Related Terms
Western Energy Services Receivables Turnover Historical Data
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The historical data trend for Western 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.
Western Energy Services Receivables Turnover Chart
WEEEF vs NE, RIG, VAL: Receivables Turnover Comparison
For the Oil & Gas Drilling subindustry, Western 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.
Western Energy Services Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Western Energy Services's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Western 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.
Western Energy Services (WEEEF) has a Receivables Turnover of 1.32 as of Jun. 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 Western Energy Services and its competitors. According to the industry distribution chart, Western Energy Services ranks #581 out of 893 companies in the Oil & Gas industry, placing it in the top 65.1%.
Is Western Energy Services' Receivables Turnover too high?
Western Energy Services' current Receivables Turnover is 1.32. The Oil & Gas industry median Receivables Turnover is 7.98. Western Energy Services' value of 1.32 is 83.5% below this industry median. Based on the distribution chart, Western Energy Services ranks #581 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Western Energy Services has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Energy Services' Receivables Turnover compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Western Energy Services ranks #581 out of 893 companies for Receivables Turnover. This places Western Energy Services in the lower half of its industry. The industry median Receivables Turnover is 7.98. Western Energy Services' value of 1.32 is 83.5% 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. Western Energy Services's current Receivables Turnover of 1.32 is 83.5% 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 Western 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. Western Energy Services's current Receivables Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Western Energy Services (WEEEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.77, compared to a current price of $2.47 — trading 39.5% above its estimated fair value. The current Receivables Turnover is 1.32 and 83.5% below the Oil & Gas industry median of 7.98. Western Energy Services' overall GF Score™ is 52/100 with 6 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 Western Energy Services (WEEEF), the current Receivables Turnover is 1.32 as of Jun. 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 Western Energy Services (WEEEF) Overvalued in 2026?
Based on GuruFocus' analysis, Western Energy Services stock appears to be overvalued.
The current stock price of $2.47 is trading 39.5% above its estimated GF Value™ of $1.77.
GuruFocus considers Western Energy Services to be Significantly Overvalued.
Key valuation signals for WEEEF:
Receivables Turnover: 1.32
GF Value™: $1.77 vs. price of $2.47 (39.5% above fair value)
Industry Position: 83.5% below the Oil & Gas median (#581 of 893)
No single metric tells the full story. See the WEEEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Energy Services Corp is an energy service company providing contract drilling services through its division, Horizon Drilling in Canada, and its wholly owned subsidiary in the United States. The company provides production services in Canada through its division Eagle Well Servicing (Eagle) which provides well servicing and its division Aero Rental Services (Aero), which provides rental equipment services. It operates in two segments. Contract drilling includes drilling rigs along with related ancillary equipment. Production services include well servicing rigs and related equipment, as well as rental equipment. The contract drilling segment derives the majority of the revenue.
52GF Score
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