Minerva Knitwear (ATH:MIN) Receivables Turnover: 3.09 (As of Dec. 2025)


ATH:MIN Minerva Knitwear SA ATH:MIN
36 GF Score
Price €0.63
GF Value €0.58
Valuation Fairly Valued
! 5 Warning Signs
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What is Minerva Knitwear Receivables Turnover?

Minerva Knitwear ATH:MIN +1.61% 36 Receivables Turnover is 3.09 as of Dec. 2025. GuruFocus rates ATH:MIN with a GF Score™ of 36/100 and a GF Value™ of €0.58 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,027 Manufacturing - Apparel & Accessories companies, Minerva Knitwear ranks worse than 70.01% 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. Minerva Knitwear's Revenue for the six months ended in Dec. 2025 was €11.14 Mil. Minerva Knitwear's average Accounts Receivable for the six months ended in Dec. 2025 was €3.61 Mil. Hence, Minerva Knitwear's Receivables Turnover for the six months ended in Dec. 2025 was 3.09.


Minerva Knitwear  (ATH:MIN) 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.


Minerva Knitwear Receivables Turnover Related Terms


Minerva Knitwear Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Minerva Knitwear'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.

Minerva Knitwear Receivables Turnover Chart

Minerva Knitwear 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 5.27 5.05 4.78 4.49 4.70

Minerva Knitwear Semi-Annual Data
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 2.97 2.12 2.92 2.19 3.09

ATH:MIN vs AIN: Receivables Turnover Comparison

For the Textile Manufacturing subindustry, Minerva Knitwear'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.


Minerva Knitwear Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Minerva Knitwear's Receivables Turnover distribution charts can be found below:

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


ATH:MIN
36GF Score
Minerva Knitwear SA ATH:MIN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Minerva Knitwear Receivables Turnover Calculation

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

Minerva Knitwear'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 )
=19.153 / ((4.131 + 4.012) / 2 )
=19.153 / 4.0715
=4.70

Minerva Knitwear'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 )
=11.144 / ((3.199 + 4.012) / 2 )
=11.144 / 3.6055
=3.09

* 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 3.09 mean?
Minerva Knitwear (ATH:MIN) has a Receivables Turnover of 3.09 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 Minerva Knitwear and its competitors. According to the industry distribution chart, Minerva Knitwear ranks #719 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70%.
Is Minerva Knitwear's Receivables Turnover too high?
Minerva Knitwear's current Receivables Turnover is 3.09. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.98. Minerva Knitwear's value of 3.09 is 55.7% below this industry median. Based on the distribution chart, Minerva Knitwear ranks #719 out of 1027 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Minerva Knitwear has a GF Score™ of 36/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minerva Knitwear's Receivables Turnover compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Minerva Knitwear ranks #719 out of 1027 companies for Receivables Turnover. This places Minerva Knitwear in the lower half of its industry. The industry median Receivables Turnover is 6.98. Minerva Knitwear's value of 3.09 is 55.7% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.98, based on 1,027 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. Minerva Knitwear's current Receivables Turnover of 3.09 is 55.7% 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 Minerva Knitwear and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerva Knitwear's current Receivables Turnover is 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Knitwear stock overvalued right now?
Based on GuruFocus' analysis, Minerva Knitwear (ATH:MIN) is currently considered Fairly Valued. The stock's GF Value™ is €0.58, compared to a current price of €0.63 — trading 8.6% above its estimated fair value. The current Receivables Turnover is 3.09 and 55.7% below the Manufacturing - Apparel & Accessories industry median of 6.98. Minerva Knitwear's overall GF Score™ is 36/100 with 5 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 Minerva Knitwear (ATH:MIN), the current Receivables Turnover is 3.09 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 Minerva Knitwear (ATH:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Minerva Knitwear stock appears to be overvalued. The current stock price of €0.63 is trading 8.6% above its estimated GF Value™ of €0.58. GuruFocus considers Minerva Knitwear to be Fairly Valued.

Key valuation signals for ATH:MIN:

  • Receivables Turnover: 3.09
  • GF Value™: €0.58 vs. price of €0.63 (8.6% above fair value)
  • GF Score™: 36/100 with 5 warning signs
  • Industry Position: 55.7% below the Manufacturing - Apparel & Accessories median (#719 of 1027)

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


Minerva Knitwear Business Description

Address 6th klm Thessaloniki - Oraiokastro, Thessaloniki, GRC, 564 29
Minerva Knitwear SA is engaged in manufacturing, processing and trading of woollen and cotton products, and other textile raw materials. The company's products include men's, women's and children's underwear, men's, women's and children's sleep body-suits-pyjamas, Home-wear clothes for the winter and beachwear for the summer, blouses, T-Shirts, and women's Lingerie.
36GF Score

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

€0.63
Price
€0.58
GF Value