Space42 (ADX:SPACE42) Receivables Turnover: 0.70 (As of Mar. 2026)

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ADX:SPACE42 Space42 PLC ADX:SPACE42
88 GF Score
Price د.إ1.70
GF Value د.إ2.18
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Space42 Receivables Turnover?

Space42 ADX:SPACE42 -0.58% 88 Receivables Turnover is 0.70 as of Mar. 2026. GuruFocus rates ADX:SPACE42 with a GF Score™ of 88/100 and a GF Value™ of د.إ2.18 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,777 Software companies, Space42 ranks worse than 75.91% 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. Space42's Revenue for the three months ended in Mar. 2026 was د.إ424 Mil. Space42's average Accounts Receivable for the three months ended in Mar. 2026 was د.إ607 Mil. Hence, Space42's Receivables Turnover for the three months ended in Mar. 2026 was 0.70.


Space42  (ADX:SPACE42) 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.


Space42 Receivables Turnover Related Terms


Space42 Receivables Turnover Historical Data

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The historical data trend for Space42'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.

Space42 Receivables Turnover Chart

Space42 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 165.09 273.42 3.54 2.48 3.38

Space42 Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.65 0.82 1.26 0.70

ADX:SPACE42 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Space42'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.


Space42 Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Space42's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Space42's Receivables Turnover falls into.


ADX:SPACE42
88GF Score
Space42 PLC ADX:SPACE42
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Space42 Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Space42's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=2117.811 / ((652.394 + 600.142) / 2 )
=2117.811 / 626.268
=3.38

Space42's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=424.376 / ((600.142 + 613.014) / 2 )
=424.376 / 606.578
=0.70

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.70 mean?
Space42 (ADX:SPACE42) has a Receivables Turnover of 0.70 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 Space42 and its competitors. According to the industry distribution chart, Space42 ranks #2108 out of 2777 companies in the Software industry, placing it in the top 75.9%.
Is Space42's Receivables Turnover too high?
Space42's current Receivables Turnover is 0.70. The Software industry median Receivables Turnover is 5.72. Space42's value of 0.70 is 87.8% below this industry median. Based on the distribution chart, Space42 ranks #2108 out of 2777 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Space42 has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Space42's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Space42 ranks #2108 out of 2777 companies for Receivables Turnover. This places Space42 in the lower half of its industry. The industry median Receivables Turnover is 5.72. Space42's value of 0.70 is 87.8% 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 Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,777 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. Space42's current Receivables Turnover of 0.70 is 87.8% 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 Space42 and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space42's current Receivables Turnover is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space42 stock overvalued right now?
Based on GuruFocus' analysis, Space42 (ADX:SPACE42) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ2.18, compared to a current price of د.إ1.70 — trading 22% below its estimated fair value. The current Receivables Turnover is 0.70 and 87.8% below the Software industry median of 5.72. Space42's overall GF Score™ is 88/100 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 Space42 (ADX:SPACE42), the current Receivables Turnover is 0.70 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 Space42 (ADX:SPACE42) Overvalued in 2026?

Based on GuruFocus' analysis, Space42 stock appears to be undervalued. The current stock price of د.إ1.70 is trading 22% below its estimated GF Value™ of د.إ2.18. GuruFocus considers Space42 to be Modestly Undervalued.

Key valuation signals for ADX:SPACE42:

  • Receivables Turnover: 0.70
  • GF Value™: د.إ2.18 vs. price of د.إ1.70 (22% below fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 87.8% below the Software median (#2108 of 2777)

No single metric tells the full story. See the ADX:SPACE42 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space42 Business Description

Address Sweihan Road, Zayed Military City, Abu Dhabi, ARE
Space42 PLC is a UAE-based AI-powered space tech group that integrates satellite communications, geospatial insights, and artificial intelligence capabilities for customers globally. Its operating segments are: Space Services and Smart Solutions. The majority of the group's revenue is generated by the Space Services segment, which provides secure satellite communication solutions for government and mission-critical applications, reliable mobility and communication solutions, and high-speed data connectivity. The Smart Solutions business provides earth observation, geospatial, and industry-specific solutions using an AI-driven multi-intelligence platform, GIQ. Geographically, the group derives maximum revenue from the UAE, followed by Asia, Africa, Europe, North America, and other regions.
88GF Score

Get the complete analysis for ADX:SPACE42

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ1.70
Price
د.إ2.18
GF Value