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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. Chemring Group's Revenue for the
six
months ended in Apr. 2026 was £237.3 Mil. Chemring Group's average Accounts Receivable for the
six
months ended in Apr. 2026 was £91.0 Mil.
Hence, Chemring Group's Receivables Turnover for the
six
months ended in Apr. 2026 was 2.61.
Chemring Group (CHIX:CHGl) 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.
Chemring Group Receivables Turnover Related Terms
Chemring Group Receivables Turnover Historical Data
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The historical data trend for Chemring 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.
CHIX:CHGL vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Chemring 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.
Chemring Group Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Chemring Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Chemring 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.
Chemring Group (CHIX:CHGL) has a Receivables Turnover of 2.61 as of Apr. 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 Chemring Group and its competitors. According to the industry distribution chart, Chemring Group ranks #191 out of 348 companies in the Aerospace & Defense industry, placing it in the top 54.9%.
Is Chemring Group's Receivables Turnover too high?
Chemring Group's current Receivables Turnover is 2.61. The Aerospace & Defense industry median Receivables Turnover is 5.64. Chemring Group's value of 2.61 is 53.7% below this industry median. Based on the distribution chart, Chemring Group ranks #191 out of 348 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Chemring Group has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chemring Group's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Chemring Group ranks #191 out of 348 companies for Receivables Turnover. This places Chemring Group in the lower half of its industry. The industry median Receivables Turnover is 5.64. Chemring Group's value of 2.61 is 53.7% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 348 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. Chemring Group's current Receivables Turnover of 2.61 is 53.7% 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 Chemring Group and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chemring Group's current Receivables Turnover is 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemring Group stock overvalued right now?
Based on GuruFocus' analysis, Chemring Group (CHIX:CHGL) is currently considered Significantly Overvalued. The stock's GF Value™ is £4.38, compared to a current price of £5.98 — trading 36.4% above its estimated fair value. The current Receivables Turnover is 2.61 and 53.7% below the Aerospace & Defense industry median of 5.64. Chemring Group's overall GF Score™ is 82/100 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 Chemring Group (CHIX:CHGL), the current Receivables Turnover is 2.61 as of Apr. 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 Chemring Group (CHIX:CHGL) Overvalued in 2026?
Based on GuruFocus' analysis, Chemring Group stock appears to be overvalued.
The current stock price of £5.98 is trading 36.4% above its estimated GF Value™ of £4.38.
GuruFocus considers Chemring Group to be Significantly Overvalued.
Key valuation signals for CHIX:CHGL:
Receivables Turnover: 2.61
GF Value™: £4.38 vs. price of £5.98 (36.4% above fair value)
Industry Position: 53.7% below the Aerospace & Defense median (#191 of 348)
No single metric tells the full story. See the CHIX:CHGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chemring Group PLC is a defense technology company. The company's operating segment include: i) Countermeasures and Energetics segment: It is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials, ii) Sensors and Information: it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. It generated the majority of the revenue from the Countermeasures and Energetics segment. Geographically, the maximum revenue is generated from the USA.
82GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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