Thrace Plastics Holding and Commercial (ATH:PLAT) 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.
Thrace Plastics Holding and Commercial Receivables Turnover Related Terms
Thrace Plastics Holding and Commercial Receivables Turnover Historical Data
* 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.
Thrace Plastics Holding and Commercial Receivables Turnover Chart
Thrace Plastics Holding and Commercial Annual Data
For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.
Thrace Plastics Holding and Commercial Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thrace Plastics Holding and Commercial'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.
Thrace Plastics Holding and Commercial (ATH:PLAT) has a Receivables Turnover of 1.19 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 Thrace Plastics Holding and Commercial and its competitors. According to the industry distribution chart, Thrace Plastics Holding and Commercial ranks #766 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 74.7%.
Is Thrace Plastics Holding and Commercial's Receivables Turnover too high?
Thrace Plastics Holding and Commercial's current Receivables Turnover is 1.19. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Thrace Plastics Holding and Commercial's value of 1.19 is 82.9% below this industry median. Based on the distribution chart, Thrace Plastics Holding and Commercial ranks #766 out of 1025 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thrace Plastics Holding and Commercial's Receivables Turnover compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Thrace Plastics Holding and Commercial ranks #766 out of 1025 companies for Receivables Turnover. This places Thrace Plastics Holding and Commercial in the lower half of its industry. The industry median Receivables Turnover is 6.94. Thrace Plastics Holding and Commercial's value of 1.19 is 82.9% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.94, based on 1,025 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. Thrace Plastics Holding and Commercial's current Receivables Turnover of 1.19 is 82.9% 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 Thrace Plastics Holding and Commercial and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thrace Plastics Holding and Commercial's current Receivables Turnover is 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thrace Plastics Holding and Commercial stock overvalued right now?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial (ATH:PLAT) is currently considered Fairly Valued. The stock's GF Value™ is €4.46, compared to a current price of €4.69 — trading 5.2% above its estimated fair value. The current Receivables Turnover is 1.19 and 82.9% below the Manufacturing - Apparel & Accessories industry median of 6.94. Thrace Plastics Holding and Commercial's overall GF Score™ is 79/100 with 8 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 Thrace Plastics Holding and Commercial (ATH:PLAT), the current Receivables Turnover is 1.19 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 Thrace Plastics Holding and Commercial (ATH:PLAT) Overvalued in 2026?
Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial stock appears to be overvalued.
The current stock price of €4.69 is trading 5.2% above its estimated GF Value™ of €4.46.
GuruFocus considers Thrace Plastics Holding and Commercial to be Fairly Valued.
Key valuation signals for ATH:PLAT:
Receivables Turnover: 1.19
GF Value™: €4.46 vs. price of €4.69 (5.2% above fair value)
Industry Position: 82.9% below the Manufacturing - Apparel & Accessories median (#766 of 1025)
No single metric tells the full story. See the ATH:PLAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thrace Plastics Holding and Commercial Business Description
Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector. Geographically, the company generates majority of its revenue from European Union Countries.
79GF Score
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