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. Palms Sports PJSC's Revenue for the
three
months ended in Mar. 2026 was د.إ289 Mil. Palms Sports PJSC's average Accounts Receivable for the
three
months ended in Mar. 2026 was د.إ420 Mil.
Hence, Palms Sports PJSC's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.69.
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.
Palms Sports PJSC Receivables Turnover Related Terms
Palms Sports PJSC Receivables Turnover Historical Data
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The historical data trend for Palms Sports PJSC'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.
ADX:PALMS vs AS, HAS, LTH: Receivables Turnover Comparison
For the Leisure subindustry, Palms Sports PJSC'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.
Palms Sports PJSC Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Palms Sports PJSC's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Palms Sports PJSC'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.
Palms Sports PJSC (ADX:PALMS) has a Receivables Turnover of 0.69 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 Palms Sports PJSC and its competitors. According to the industry distribution chart, Palms Sports PJSC ranks #772 out of 833 companies in the Travel & Leisure industry, placing it in the top 92.7%.
Is Palms Sports PJSC's Receivables Turnover too high?
Palms Sports PJSC's current Receivables Turnover is 0.69. The Travel & Leisure industry median Receivables Turnover is 14.09. Palms Sports PJSC's value of 0.69 is 95.1% below this industry median. Based on the distribution chart, Palms Sports PJSC ranks #772 out of 833 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Palms Sports PJSC has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Palms Sports PJSC's Receivables Turnover compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Palms Sports PJSC ranks #772 out of 833 companies for Receivables Turnover. This places Palms Sports PJSC in the lower half of its industry. The industry median Receivables Turnover is 14.09. Palms Sports PJSC's value of 0.69 is 95.1% 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 a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.09, based on 833 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. Palms Sports PJSC's current Receivables Turnover of 0.69 is 95.1% 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 Palms Sports PJSC and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Palms Sports PJSC's current Receivables Turnover is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palms Sports PJSC stock overvalued right now?
Based on GuruFocus' analysis, Palms Sports PJSC (ADX:PALMS) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ11.87, compared to a current price of د.إ7.70 — trading 35.1% below its estimated fair value. The current Receivables Turnover is 0.69 and 95.1% below the Travel & Leisure industry median of 14.09. Palms Sports PJSC's overall GF Score™ is 62/100. 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 Palms Sports PJSC (ADX:PALMS), the current Receivables Turnover is 0.69 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.
Is Palms Sports PJSC (ADX:PALMS) Overvalued in 2026?
Based on GuruFocus' analysis, Palms Sports PJSC stock appears to be undervalued.
The current stock price of د.إ7.70 is trading 35.1% below its estimated GF Value™ of د.إ11.87.
GuruFocus considers Palms Sports PJSC to be Significantly Undervalued.
Key valuation signals for ADX:PALMS:
Receivables Turnover: 0.69
GF Value™: د.إ11.87 vs. price of د.إ7.70 (35.1% below fair value)
Industry Position: 95.1% below the Travel & Leisure median (#772 of 833)
No single metric tells the full story. See the ADX:PALMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Palms Sports PJSC is a sports management and marketing company engaged in trading sports goods and providing sports enterprise investment, institutional management, and security guard services. its reportable segments are: Income from guarding and cleaning services, which includes the provision of security guard services and onshore and offshore oil cleaning services to customers; Income from coaching and training services, which generates the maximum revenue and includes providing specialized sports training services in Jiu-Jitsu, mixed martial arts, and combat sports; Income from educational services, which includes the provision of educational services and the management of educational institutes; and Others, which includes IT research and physiotherapy treatment services.
62GF Score
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