Elastron (ATH:ELSTR) Receivables Turnover: 2.37 (As of Dec. 2025)


ATH:ELSTR Elastron SA ATH:ELSTR
64 GF Score
Price €2.70
GF Value €2.38
Valuation Modestly Overvalued
! 10 Warning Signs
View Full Analysis

What is Elastron Receivables Turnover?

Elastron ATH:ELSTR 64 Receivables Turnover is 2.37 as of Dec. 2025. GuruFocus rates ATH:ELSTR with a GF Score™ of 64/100 and a GF Value™ of €2.38 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 605 Steel companies, Elastron ranks worse than 73.88% 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. Elastron's Revenue for the six months ended in Dec. 2025 was €81.9 Mil. Elastron's average Accounts Receivable for the six months ended in Dec. 2025 was €34.5 Mil. Hence, Elastron's Receivables Turnover for the six months ended in Dec. 2025 was 2.37.


Elastron  (ATH:ELSTR) 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.


Elastron Receivables Turnover Related Terms


Elastron Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Elastron'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.

Elastron Receivables Turnover Chart

Elastron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.03 7.21 6.08 5.28 5.09

Elastron Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.13 2.67 2.32 2.43 2.37

ATH:ELSTR vs NUE, STLD, RS: Receivables Turnover Comparison

For the Steel subindustry, Elastron'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.


Elastron Receivables Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Elastron's Receivables Turnover distribution charts can be found below:

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


ATH:ELSTR
64GF Score
Elastron SA ATH:ELSTR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elastron Receivables Turnover Calculation

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

Elastron'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 )
=167.609 / ((33.701 + 32.144) / 2 )
=167.609 / 32.9225
=5.09

Elastron's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=81.859 / ((36.902 + 32.144) / 2 )
=81.859 / 34.523
=2.37

* 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 2.37 mean?
Elastron (ATH:ELSTR) has a Receivables Turnover of 2.37 as of Dec. 2025. 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 Elastron and its competitors. According to the industry distribution chart, Elastron ranks #447 out of 605 companies in the Steel industry, placing it in the top 73.9%.
Is Elastron's Receivables Turnover too high?
Elastron's current Receivables Turnover is 2.37. The Steel industry median Receivables Turnover is 7.16. Elastron's value of 2.37 is 66.9% below this industry median. Based on the distribution chart, Elastron ranks #447 out of 605 companies in the Steel industry, which is below the industry midpoint. Overall, Elastron has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elastron's Receivables Turnover compare to NUE and STLD?
According to the Steel industry distribution chart, Elastron ranks #447 out of 605 companies for Receivables Turnover. This places Elastron in the lower half of its industry. The industry median Receivables Turnover is 7.16. Elastron's value of 2.37 is 66.9% 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 Steel company?
The median Receivables Turnover among Steel companies is 7.16, based on 605 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. Elastron's current Receivables Turnover of 2.37 is 66.9% 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 Elastron and its competitors. For the Steel industry, the median Receivables Turnover is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elastron's current Receivables Turnover is 2.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elastron stock overvalued right now?
Based on GuruFocus' analysis, Elastron (ATH:ELSTR) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.38, compared to a current price of €2.70 — trading 13.4% above its estimated fair value. The current Receivables Turnover is 2.37 and 66.9% below the Steel industry median of 7.16. Elastron's overall GF Score™ is 64/100 with 10 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 Elastron (ATH:ELSTR), the current Receivables Turnover is 2.37 as of Dec. 2025. 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 Elastron (ATH:ELSTR) Overvalued in 2026?

Based on GuruFocus' analysis, Elastron stock appears to be overvalued. The current stock price of €2.70 is trading 13.4% above its estimated GF Value™ of €2.38. GuruFocus considers Elastron to be Modestly Overvalued.

Key valuation signals for ATH:ELSTR:

  • Receivables Turnover: 2.37
  • GF Value™: €2.38 vs. price of €2.70 (13.4% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 66.9% below the Steel median (#447 of 605)

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


Elastron Business Description

Address Agios Loannis Avenue, Aspropyrgos, GRC, 193 00
Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.
64GF Score

Get the complete analysis for ATH:ELSTR

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

€2.70
Price
€2.38
GF Value