Ion Geophysical Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2021 to a ratio of 7.09, this represents a new company high. This is a clear indication for improving liquidity at Ion Geophysical Corp's clients. Average receivable collection period, for the Ion Geophysical in Sep 30 2021 quarter, has decreased to 51 days, compared to 62 days, in the Jun 30 2021 quarter.

If we take a look into Energy sector 76 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1880, from overall ranking in the second quarter 2021 at 2213.

What is Receivable Turnover Ratio?
What is Ion Geophysical Corp Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

IO Receivables Turnover Ratio	(Sep 30 2021) III. Quarter	(Jun 30 2021) II. Quarter	(Mar 31 2021) I. Quarter	(Dec 31 2020) IV. Quarter	(Sep 30 2020) III. Quarter
Y / Y Receivable Change	91.72 %	-0.43 %	-83.47 %	-80.55 %	-65.22 %
Y / Y Revenue Change	149.96 %	-34.62 %	-81.67 %	-75.42 %	-69.51 %
Receivable Turnover Ratio (TTM)	7.09	5.86	6.74	5.37	4.92
IO's Total Ranking	# 1880	# 2213	# 1874	# 2219	# 1476
Accounts Receivable average collection period days	51	62	54	68	74
Seq. Receivable Change	50.89 %	24.52 %	5.12 %	-2.93 %	-21.64 %
Seq. Revenue Change	173.06 %	46.72 %	-3.53 %	-35.32 %	-28.58 %

Receivable Turnover Company Ranking
Within:	No.
Oil And Gas Production Industry	# 47
Energy Sector	# 77
Overall Market	# 1880

Receivable Turnover Ratio Statistics
High	Average	Low
7.09	4.53	2.78
(Sep 30 2021)		(Sep 30 2013)

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

Financial Statements
Ion Geophysical's Accounts Receivable	$ 16 Millions	Visit IO's Balance sheet
Ion Geophysical's Sales TTM	$ 76 Millions	Visit IO's Income Statement
Sources of IO's Revenues		Visit IO'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
IO'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
IO's Growth Rates	IO's Roa	IO's Inventory Turnover Ratio	IO's Dividend Comparisons
IO's Profitability Ratios	IO's Roi	IO's Asset Turnover Ratio	IO's Dividend Growth
IO's Valuation Ratios	IO's Roe	IO's Financial Strength Ratios	IO's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Sep 30 2021, within Energy Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Sep 30 2021	Receivable at quarter ending Sep 30 2021
Adams Resources and Energy Inc	12.94	$ 1,630.171 Millions	$ 125.982 Millions
Vital Energy inc	12.89	$ 1,111.916 Millions	$ 86.236 Millions
Phillips 66	12.39	$ 95,281.000 Millions	$ 7,688.750 Millions
Kosmos Energy Ltd	12.29	$ 1,033.608 Millions	$ 84.125 Millions
Riley Exploration Permian Inc	12.16	$ 151.018 Millions	$ 12.418 Millions
California Resources Corp	12.00	$ 2,631.000 Millions	$ 219.250 Millions
Marathon Petroleum Corporation	11.91	$ 96,779.000 Millions	$ 8,127.500 Millions
Peabody Energy Corp	11.89	$ 2,790.900 Millions	$ 234.825 Millions
Delek Us Holdings Inc	11.69	$ 9,422.400 Millions	$ 806.125 Millions
Alliance Resource Partners Lp	11.61	$ 1,463.017 Millions	$ 126.015 Millions
Valero Energy Corp	11.52	$ 94,678.000 Millions	$ 8,220.500 Millions
Warrior Met Coal Inc	11.30	$ 855.924 Millions	$ 75.747 Millions
Imperial Oil Limited	11.04	$ 23,984.226 Millions	$ 2,171.802 Millions
Permian Resources Corporation	10.96	$ 861.550 Millions	$ 78.641 Millions
Ramaco Resources Inc	10.57	$ 247.036 Millions	$ 23.379 Millions
Pedevco Corp	10.53	$ 13.494 Millions	$ 1.282 Millions
Norris Industries Inc	10.46	$ 0.355 Millions	$ 0.034 Millions
Hess Midstream Lp	10.44	$ 1,154.000 Millions	$ 110.500 Millions
Apache Offshore Investment Partnership	10.33	$ 0.656 Millions	$ 0.064 Millions
Natural Resource Partners Lp	10.26	$ 171.262 Millions	$ 16.699 Millions
Silverbow Resources Inc	10.14	$ 309.315 Millions	$ 30.518 Millions
Whiting Petroleum Corp	9.87	$ 1,919.982 Millions	$ 194.452 Millions
Martin Midstream Partners L p	9.82	$ 776.613 Millions	$ 79.120 Millions
Vaalco Energy Inc	9.70	$ 155.253 Millions	$ 15.999 Millions
Sm Energy Co	9.67	$ 2,088.226 Millions	$ 215.962 Millions
Chevron Corp	9.65	$ 139,582.000 Millions	$ 14,465.250 Millions
Exxon Mobil Corporation	9.56	$ 247,215.000 Millions	$ 25,848.000 Millions
Southwestern Energy Company	9.46	$ 4,499.000 Millions	$ 475.500 Millions
Arcadia Biosciences Inc	9.17	$ 11.739 Millions	$ 1.280 Millions
Chord Energy Corporation	9.15	$ 2,397.093 Millions	$ 261.901 Millions

Date modified: 2023-03-24T20:26:54+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.