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. Alta Equipment Group's Revenue for the
three
months ended in Mar. 2026 was $411 Mil. Alta Equipment Group's average Accounts Receivable for the
three
months ended in Mar. 2026 was $189 Mil.
Hence, Alta Equipment Group's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.17.
Alta Equipment Group (NYSE:ALTG) 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.
Alta Equipment Group Receivables Turnover Related Terms
Alta Equipment Group Receivables Turnover Historical Data
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The historical data trend for Alta Equipment Group'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.
ALTG vs MWG, AIHS, AITX: Receivables Turnover Comparison
For the Rental & Leasing Services subindustry, Alta Equipment Group'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.
Alta Equipment Group Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Alta Equipment Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Alta Equipment Group'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.
Alta Equipment Group (ALTG) has a Receivables Turnover of 2.17 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 Alta Equipment Group and its competitors. According to the industry distribution chart, Alta Equipment Group ranks #260 out of 1062 companies in the Business Services industry, placing it in the top 24.5%.
Is Alta Equipment Group's Receivables Turnover too high?
Alta Equipment Group's current Receivables Turnover is 2.17. The Business Services industry median Receivables Turnover is 6.18. Alta Equipment Group's value of 2.17 is 64.9% below this industry median. Based on the distribution chart, Alta Equipment Group ranks #260 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Alta Equipment Group has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alta Equipment Group's Receivables Turnover compare to MWG and AIHS?
According to the Business Services industry distribution chart, Alta Equipment Group ranks #260 out of 1062 companies for Receivables Turnover. This places Alta Equipment Group in the top 25% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.18. Alta Equipment Group's value of 2.17 is 64.9% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.18, based on 1,062 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. Alta Equipment Group's current Receivables Turnover of 2.17 is 64.9% 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 Alta Equipment Group and its competitors. For the Business Services industry, the median Receivables Turnover is 6.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alta Equipment Group's current Receivables Turnover is 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alta Equipment Group stock overvalued right now?
Based on GuruFocus' analysis, Alta Equipment Group (ALTG) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.55, compared to a current price of $6.62 — trading 12.3% below its estimated fair value. The current Receivables Turnover is 2.17 and 64.9% below the Business Services industry median of 6.18. Alta Equipment Group's overall GF Score™ is 75/100 with 7 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 Alta Equipment Group (ALTG), the current Receivables Turnover is 2.17 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 Alta Equipment Group (ALTG) Overvalued in 2026?
Based on GuruFocus' analysis, Alta Equipment Group stock appears to be undervalued.
The current stock price of $6.62 is trading 12.3% below its estimated GF Value™ of $7.55.
GuruFocus considers Alta Equipment Group to be Modestly Undervalued.
Key valuation signals for ALTG:
Receivables Turnover: 2.17
GF Value™: $7.55 vs. price of $6.62 (12.3% below fair value)
Industry Position: 64.9% below the Business Services median (#260 of 1062)
No single metric tells the full story. See the ALTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
75GF Score
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