Approach Resources Inc Receivables Turnover Ratio (AREX), from the third quarter 2019 to the third quarter 2018 current and historic results, rankings and more - CSIMarket
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• Sales per Employee
• Income per Employee
• Inventory Turnover
• Asset Turnover
• Receivables Turnover
Approach Resources Inc  (NASDAQ: AREX)
    Sector • Energy    Industry • Oil And Gas Production
   Industry • Oil And Gas Production
   Sector • Energy
 

Approach Resources Inc Accounts Receivables Turnover Ratio from the third quarter 2019 to the third quarter 2018

Quarterly Results, Trends, Rankings, Statistics


Approach Resources Inc's ability to collect accounts receivable sequentially worsen to 12.19, indicating more challenging environment then in the second quarter 2019, but still, it is a far cry from any concerns. Average collection period, for Approach Resources Inc's accounts receivable remained unchanged at 30 days, in the Sep 30 2019 quarter.

If we take a look into Energy sector 46 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1012, from overall ranking in the second quarter 2019 at 3520.

What is Receivable Turnover Ratio?
What is Approach Resources Inc Selling?


What is Receivable Turnover Ratio?




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AREX Receivables Turnover Ratio (Sep 30 2019)
III. Quarter		 (Jun 30 2019)
II. Quarter		 (Mar 31 2019)
I. Quarter		 (Dec 31 2018)
IV. Quarter		 (Sep 30 2018)
III. Quarter
Y / Y Receivable Change -50.18 % -60.08 % -24.63 % -30.67 % 24.76 %
Y / Y Revenue Change -52.66 % -51.46 % -33.12 % -21.26 % 27.16 %
Receivable Turnover Ratio (TTM) 12.19 12.3 11.8 12.08 11.79
AREX's Total Ranking # 1012 # 3520 # 3436 # 1008 # 3065
Accounts Receivable average collection period days 30 30 31 30 31
Seq. Receivable Change 23.07 % -39.72 % 6.94 % -37.21 % -1.39 %
Seq. Revenue Change 4.73 % -23.5 % -14 % -31.28 % 7.37 %


Receivable Turnover Company Ranking
Within: No.
Oil And Gas Production Industry # 23
Energy Sector # 47
Overall Market # 1012

Receivable Turnover Ratio Statistics
High Average Low
12.17 11.06 8.51
(Jun 30 2019)   (Dec 31 2015)





AREX Company Profile • Back to AREX Efficiency Comparisons • Compare AREX Receivables Turnover Ratio to its Competitors

Financial Statements
Approach Resources Inc's Accounts Receivable $ 5 Millions Visit AREX's Balance sheet
Approach Resources Inc's Sales TTM $ 72 Millions Visit AREX's Income Statement
Sources of AREX's Revenues Visit AREX's Sales by Geography

Other Accounts Receivable Turnover Ratios
Oil And Gas Production Industry Accounts Receivable Turnover Trends and Statistics
Energy Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
AREX's Receivable Turnover Ratio versus Oil And Gas Production Industry, Energy Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
AREX's Growth Rates AREX's Roa AREX's Inventory Turnover Ratio AREX's Dividend Comparisons
AREX's Profitability Ratios AREX's Roi AREX's Asset Turnover Ratio AREX's Dividend Growth
AREX's Valuation Ratios AREX's Roe AREX's Financial Strength Ratios AREX's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2019, within Energy Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 30 2019 Receivable at quarter ending Sep 30 2019
Talos Energy Inc   36.86 $ 953.044  Millions$ 25.855  Millions
Cvr Energy Inc  36.75 $ 6,532.000  Millions$ 177.750  Millions
Global Partners Lp  35.93 $ 13,007.120  Millions$ 362.028  Millions
Sunoco Lp  34.71 $ 16,375.000  Millions$ 471.750  Millions
Hess Corporation  28.76 $ 6,493.000  Millions$ 225.750  Millions
Pbf Energy Inc   28.36 $ 24,510.251  Millions$ 864.302  Millions
Vantage Drilling International  24.42 $ 754.649  Millions$ 30.902  Millions
Viking Energy Group Inc   23.44 $ 19.330  Millions$ 0.825  Millions
Mexco Energy Corporation  23.36 $ 2.549  Millions$ 0.109  Millions
Adams Resources and Energy Inc   22.40 $ 1,822.557  Millions$ 81.364  Millions
Mid con Energy Partners Lp  21.76 $ 87.351  Millions$ 4.014  Millions
Par Pacific Holdings Inc   21.41 $ 4,881.494  Millions$ 227.959  Millions
Hollyfrontier Corp  20.82 $ 17,448.894  Millions$ 838.089  Millions
American Resources Corporation  19.91 $ 26.322  Millions$ 1.322  Millions
Citadel Exploration, Inc.  19.83 $ 0.512  Millions$ 0.026  Millions
Cloud Peak Energy Inc.  19.64 $ 711.073  Millions$ 36.212  Millions
Kosmos Energy Ltd   18.63 $ 1,350.942  Millions$ 72.515  Millions
Marathon Petroleum Corporation  18.01 $ 125,190.000  Millions$ 6,952.500  Millions
Macquarie Infrastructure Holdings Llc  17.98 $ 1,740.757  Millions$ 96.790  Millions
Gran Tierra Energy Inc   17.10 $ 580.313  Millions$ 33.943  Millions
Tellurian Inc   16.67 $ 21.509  Millions$ 1.291  Millions
Sprague Resources Lp  16.58 $ 3,582.790  Millions$ 216.082  Millions
Phillips 66  16.17 $ 107,266.000  Millions$ 6,632.500  Millions
Atlas Growth Partners L p   16.04 $ 7.428  Millions$ 0.463  Millions
Vivint Solar Inc   14.62 $ 327.434  Millions$ 22.397  Millions
Vertex Energy Inc   14.57 $ 162.579  Millions$ 11.160  Millions
Rhino Resource Partners Lp  14.49 $ 231.339  Millions$ 15.961  Millions
Royal Energy Resources, Inc.  14.37 $ 231.706  Millions$ 16.124  Millions
Correlate Infrastructure Partners Inc   14.30 $ 0.897  Millions$ 0.063  Millions
World Kinect Corporation  13.74 $ 37,449.500  Millions$ 2,726.250  Millions

Date modified: 2026-10-07T00:41:41+00:00



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