CRDO (Credo Technology Group Holding) Receivables Turnover: 1.83 (As of Apr. 2026)

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CRDO Credo Technology Group Holding Ltd CRDO
86 GF Score
Price $230.43
GF Value $221.08
Valuation Fairly Valued
! 3 Warning Signs
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What is Credo Technology Group Holding Receivables Turnover?

Credo Technology Group Holding CRDO +2.58% 86 Receivables Turnover is 1.83 as of Apr. 2026. GuruFocus rates CRDO with a GF Score™ of 86/100 and a GF Value™ of $221.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,018 Semiconductors companies, Credo Technology Group Holding ranks better than 55.5% 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. Credo Technology Group Holding's Revenue for the three months ended in Apr. 2026 was $437 Mil. Credo Technology Group Holding's average Accounts Receivable for the three months ended in Apr. 2026 was $238 Mil. Hence, Credo Technology Group Holding's Receivables Turnover for the three months ended in Apr. 2026 was 1.83.


Credo Technology Group Holding  (NAS:CRDO) 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.


Credo Technology Group Holding Receivables Turnover Related Terms


Credo Technology Group Holding Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Credo Technology Group Holding'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.

Credo Technology Group Holding Receivables Turnover Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Receivables Turnover
Get a 7-Day Free Trial 4.93 4.66 3.53 3.94 6.75

Credo Technology Group Holding Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.07 1.30 1.26 1.67 1.83

CRDO vs MCHP, CBRS, ON: Receivables Turnover Comparison

For the Semiconductors subindustry, Credo Technology Group Holding'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.


Credo Technology Group Holding Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Credo Technology Group Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's Receivables Turnover falls into.


CRDO
86GF Score
Credo Technology Group Holding Ltd CRDO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Credo Technology Group Holding Receivables Turnover Calculation

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

Credo Technology Group Holding's Receivables Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Receivables Turnover (A: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Apr. 2026 ) / ((Accounts Receivable (A: Apr. 2025 ) + Accounts Receivable (A: Apr. 2026 )) / count )
=1335.116 / ((162.144 + 233.377) / 2 )
=1335.116 / 197.7605
=6.75

Credo Technology Group Holding's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Jan. 2026 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=437.003 / ((243.213 + 233.377) / 2 )
=437.003 / 238.295
=1.83

* 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 1.83 mean?
Credo Technology Group Holding (CRDO) has a Receivables Turnover of 1.83 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 Credo Technology Group Holding and its competitors. According to the industry distribution chart, Credo Technology Group Holding ranks #453 out of 1018 companies in the Semiconductors industry, placing it in the top 44.5%.
Is Credo Technology Group Holding's Receivables Turnover too high?
Credo Technology Group Holding's current Receivables Turnover is 1.83. The Semiconductors industry median Receivables Turnover is 5.81. Credo Technology Group Holding's value of 1.83 is 68.5% below this industry median. Based on the distribution chart, Credo Technology Group Holding ranks #453 out of 1018 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Credo Technology Group Holding has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credo Technology Group Holding's Receivables Turnover compare to MCHP and CBRS?
According to the Semiconductors industry distribution chart, Credo Technology Group Holding ranks #453 out of 1018 companies for Receivables Turnover. This puts Credo Technology Group Holding in the upper half of its industry. The industry median Receivables Turnover is 5.81. Credo Technology Group Holding's value of 1.83 is 68.5% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.81, based on 1,018 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. Credo Technology Group Holding's current Receivables Turnover of 1.83 is 68.5% 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 Credo Technology Group Holding and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credo Technology Group Holding's current Receivables Turnover is 1.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credo Technology Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Credo Technology Group Holding (CRDO) is currently considered Fairly Valued. The stock's GF Value™ is $221.08, compared to a current price of $230.43 — trading 4.2% above its estimated fair value. The current Receivables Turnover is 1.83 and 68.5% below the Semiconductors industry median of 5.81. Credo Technology Group Holding's overall GF Score™ is 86/100 with 3 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 Credo Technology Group Holding (CRDO), the current Receivables Turnover is 1.83 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 Credo Technology Group Holding (CRDO) Overvalued in 2026?

Based on GuruFocus' analysis, Credo Technology Group Holding stock appears to be overvalued. The current stock price of $230.43 is trading 4.2% above its estimated GF Value™ of $221.08. GuruFocus considers Credo Technology Group Holding to be Fairly Valued.

Key valuation signals for CRDO:

  • Receivables Turnover: 1.83
  • GF Value™: $221.08 vs. price of $230.43 (4.2% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 68.5% below the Semiconductors median (#453 of 1018)

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


Credo Technology Group Holding Business Description

Other Exchanges CRDON:Mexico
Address c/o Maples Corporate Services, Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd provides connectivity solutions for AI-driven applications, cloud computing, and hyperscale networks. Its high-speed copper and optical interconnect products support data infrastructure demands. The Company's product portfolio includes ZeroFlap (ZF) Active Electrical Cables (AECs), ZF optical transceivers, OmniConnect memory solutions, and retimers and DSPs for optical and copper Ethernet and PCIe, leveraging the PILOT diagnostic and analytics software platform. Its products are based on Serializer/Deserializer (SerDes) and Digital Signal Processor (DSP) technologies and include integrated circuits (ICs), Active Electrical Cables (AECs), SerDes Chiplets, and SerDes IP licensing solutions. The United States generates the maximum revenue.
86GF Score

Get the complete analysis for CRDO

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

$230.43
Price
$221.08
GF Value