MEKO ABCHIX:MEKOS 69 Receivables Turnover is 2.32 as of Mar. 2026. GuruFocus rates CHIX:MEKOS with a GF Score™ of 69/100 and a GF Value™ of kr122.57 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,319 Vehicles & Parts companies, MEKO AB ranks better than 64.29% 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. MEKO AB's Revenue for the
three
months ended in Mar. 2026 was kr4,552 Mil. MEKO AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr1,964 Mil.
Hence, MEKO AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.32.
MEKO AB (CHIX:MEKOs) 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.
MEKO AB Receivables Turnover Related Terms
MEKO AB Receivables Turnover Historical Data
* Premium members only.
The historical data trend for MEKO AB'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:MEKOS vs ORLY, AZO, GPC: Receivables Turnover Comparison
For the Auto Parts subindustry, MEKO AB'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.
MEKO AB Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where MEKO AB'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.
MEKO AB (CHIX:MEKOS) has a Receivables Turnover of 2.32 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 MEKO AB and its competitors. According to the industry distribution chart, MEKO AB ranks #471 out of 1319 companies in the Vehicles & Parts industry, placing it in the top 35.7%.
Is MEKO AB's Receivables Turnover too high?
MEKO AB's current Receivables Turnover is 2.32. The Vehicles & Parts industry median Receivables Turnover is 5.99. MEKO AB's value of 2.32 is 61.3% below this industry median. Based on the distribution chart, MEKO AB ranks #471 out of 1319 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, MEKO AB has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #471 out of 1319 companies for Receivables Turnover. This puts MEKO AB in the upper half of its industry. The industry median Receivables Turnover is 5.99. MEKO AB's value of 2.32 is 61.3% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,319 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. MEKO AB's current Receivables Turnover of 2.32 is 61.3% 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 MEKO AB and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEKO AB's current Receivables Turnover is 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (CHIX:MEKOS) is currently considered Possible Value Trap. The stock's GF Value™ is kr122.57, compared to a current price of kr79.53 — trading 35.1% below its estimated fair value. The current Receivables Turnover is 2.32 and 61.3% below the Vehicles & Parts industry median of 5.99. MEKO AB's overall GF Score™ is 69/100 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 MEKO AB (CHIX:MEKOS), the current Receivables Turnover is 2.32 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 MEKO AB (CHIX:MEKOS) Overvalued in 2026?
Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued.
The current stock price of kr79.53 is trading 35.1% below its estimated GF Value™ of kr122.57.
GuruFocus considers MEKO AB to be Possible Value Trap.
Key valuation signals for CHIX:MEKOS:
Receivables Turnover: 2.32
GF Value™: kr122.57 vs. price of kr79.53 (35.1% below fair value)
Industry Position: 61.3% below the Vehicles & Parts median (#471 of 1319)
No single metric tells the full story. See the CHIX:MEKOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
69GF Score
Get the complete analysis for CHIX:MEKOS
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:MEKOS has been successfully added to your 
