ATEYY (Advantest) Receivables Turnover: 1.75 (As of Mar. 2026)


ATEYY Advantest Corp ATEYY
94 GF Score
Price $176.70
GF Value $104.90
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Advantest Receivables Turnover?

Advantest ATEYY -4.49% 94 Receivables Turnover is 1.75 as of Mar. 2026. GuruFocus rates ATEYY with a GF Score™ of 94/100 and a GF Value™ of $104.90 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,018 Semiconductors companies, Advantest ranks better than 65.62% 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. Advantest's Revenue for the three months ended in Mar. 2026 was $2,067 Mil. Advantest's average Accounts Receivable for the three months ended in Mar. 2026 was $1,180 Mil. Hence, Advantest's Receivables Turnover for the three months ended in Mar. 2026 was 1.75.


Advantest  (OTCPK:ATEYY) 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.


Advantest Receivables Turnover Related Terms


Advantest Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Advantest'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.

Advantest Receivables Turnover Chart

Advantest Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 5.75 4.78 7.74 6.47

Advantest Quarterly Data
Jun21 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 2.10 2.22 1.79 1.73 1.75

ATEYY vs AMAT, LRCX, KLAC: Receivables Turnover Comparison

For the Semiconductor Equipment & Materials subindustry, Advantest'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.


Advantest Receivables Turnover vs Semiconductors Industry

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

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


ATEYY
94GF Score
Advantest Corp ATEYY
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Advantest Receivables Turnover Calculation

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

Advantest's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=7112.37 / ((758.304 + 1441.436) / 2 )
=7112.37 / 1099.87
=6.47

Advantest'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 )
=2067.478 / ((919.206 + 1441.436) / 2 )
=2067.478 / 1180.321
=1.75

* 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 1.75 mean?
Advantest (ATEYY) has a Receivables Turnover of 1.75 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 Advantest and its competitors. According to the industry distribution chart, Advantest ranks #350 out of 1018 companies in the Semiconductors industry, placing it in the top 34.4%.
Is Advantest's Receivables Turnover too high?
Advantest's current Receivables Turnover is 1.75. The Semiconductors industry median Receivables Turnover is 5.82. Advantest's value of 1.75 is 69.9% below this industry median. Based on the distribution chart, Advantest ranks #350 out of 1018 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Advantest has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advantest's Receivables Turnover compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Advantest ranks #350 out of 1018 companies for Receivables Turnover. This puts Advantest in the upper half of its industry. The industry median Receivables Turnover is 5.82. Advantest's value of 1.75 is 69.9% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. Advantest's current Receivables Turnover of 1.75 is 69.9% 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 Advantest and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantest's current Receivables Turnover is 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantest stock overvalued right now?
Based on GuruFocus' analysis, Advantest (ATEYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $104.90, compared to a current price of $176.70 — trading 68.4% above its estimated fair value. The current Receivables Turnover is 1.75 and 69.9% below the Semiconductors industry median of 5.82. Advantest's overall GF Score™ is 94/100 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 Advantest (ATEYY), the current Receivables Turnover is 1.75 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 Advantest (ATEYY) Overvalued in 2026?

Based on GuruFocus' analysis, Advantest stock appears to be overvalued. The current stock price of $176.70 is trading 68.4% above its estimated GF Value™ of $104.90. GuruFocus considers Advantest to be Significantly Overvalued.

Key valuation signals for ATEYY:

  • Receivables Turnover: 1.75
  • GF Value™: $104.90 vs. price of $176.70 (68.4% above fair value)
  • GF Score™: 94/100 with 6 warning signs
  • Industry Position: 69.9% below the Semiconductors median (#350 of 1018)

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


Advantest Business Description

Address 1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Founded in 1954 and headquartered in Tokyo, Advantest specializes in semiconductor test systems and is a well-known leader in automated test equipment, or ATE. Advantest also has a high market share in test systems for nonmemory semiconductors, including application processors for mobile phones. The company is also involved in peripheral businesses, such as semiconductor device transport equipment. Following its acquisition of Verigy in July 2011, Advantest holds a market share of over 50% in the ATE market.
94GF Score

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

$176.70
Price
$104.90
GF Value