CTRM (Castor Maritime) Receivables Turnover: 2.69 (As of Mar. 2026)


CTRM Castor Maritime Inc CTRM
70 GF Score
Price $2.36
GF Value $1.61
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Castor Maritime Receivables Turnover?

Castor Maritime CTRM +5.09% 70 Receivables Turnover is 2.69 as of Mar. 2026. GuruFocus rates CTRM with a GF Score™ of 70/100 and a GF Value™ of $1.61 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 996 Transportation companies, Castor Maritime ranks better than 77.91% 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. Castor Maritime's Revenue for the three months ended in Mar. 2026 was $21.26 Mil. Castor Maritime's average Accounts Receivable for the three months ended in Mar. 2026 was $7.91 Mil. Hence, Castor Maritime's Receivables Turnover for the three months ended in Mar. 2026 was 2.69.


Castor Maritime  (NAS:CTRM) 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.


Castor Maritime Receivables Turnover Related Terms


Castor Maritime Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Castor Maritime'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.

Castor Maritime Receivables Turnover Chart

Castor Maritime Annual Data
Trend Sep17 Sep18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 21.58 27.49 34.70 23.65 15.44

Castor Maritime Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7.57 0.00 0.00 2.85 2.69

CTRM vs PSHG, VNTG, EHLD: Receivables Turnover Comparison

For the Marine Shipping subindustry, Castor Maritime'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.


Castor Maritime Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Castor Maritime's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Castor Maritime's Receivables Turnover falls into.


CTRM
70GF Score
Castor Maritime Inc CTRM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Castor Maritime Receivables Turnover Calculation

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

Castor Maritime'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 )
=81.814 / ((2.688 + 7.91) / 2 )
=81.814 / 5.299
=15.44

Castor Maritime's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=21.258 / ((7.91 + 0) / 1 )
=21.258 / 7.91
=2.69

* 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 2.69 mean?
Castor Maritime (CTRM) has a Receivables Turnover of 2.69 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 Castor Maritime and its competitors. According to the industry distribution chart, Castor Maritime ranks #220 out of 996 companies in the Transportation industry, placing it in the top 22.1%.
Is Castor Maritime's Receivables Turnover too high?
Castor Maritime's current Receivables Turnover is 2.69. The Transportation industry median Receivables Turnover is 7.64. Castor Maritime's value of 2.69 is 64.8% below this industry median. Based on the distribution chart, Castor Maritime ranks #220 out of 996 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Castor Maritime has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Castor Maritime's Receivables Turnover compare to PSHG and VNTG?
According to the Transportation industry distribution chart, Castor Maritime ranks #220 out of 996 companies for Receivables Turnover. This places Castor Maritime in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.64. Castor Maritime's value of 2.69 is 64.8% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.64, based on 996 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. Castor Maritime's current Receivables Turnover of 2.69 is 64.8% 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 Castor Maritime and its competitors. For the Transportation industry, the median Receivables Turnover is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Castor Maritime's current Receivables Turnover is 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Castor Maritime stock overvalued right now?
Based on GuruFocus' analysis, Castor Maritime (CTRM) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.61, compared to a current price of $2.36 — trading 46.6% above its estimated fair value. The current Receivables Turnover is 2.69 and 64.8% below the Transportation industry median of 7.64. Castor Maritime's overall GF Score™ is 70/100 with 9 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 Castor Maritime (CTRM), the current Receivables Turnover is 2.69 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 Castor Maritime (CTRM) Overvalued in 2026?

Based on GuruFocus' analysis, Castor Maritime stock appears to be overvalued. The current stock price of $2.36 is trading 46.6% above its estimated GF Value™ of $1.61. GuruFocus considers Castor Maritime to be Significantly Overvalued.

Key valuation signals for CTRM:

  • Receivables Turnover: 2.69
  • GF Value™: $1.61 vs. price of $2.36 (46.6% above fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 64.8% below the Transportation median (#220 of 996)

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


Castor Maritime Business Description

Address 223 Christodoulou Chatzipavlou Street, Hawaii Royal Gardens, Limassol, CYP, 3036
Castor Maritime Inc is a provider of seaborne transportation services for dry bulk cargo, including iron ore, coal, grain, steel products, fertilizers, cement, bauxite, sugar, and scrap metal, among others. The firm operates under three reportable segments, namely (i) the dry bulk segment, (ii) the containership segment, and (iii) the asset management segment. It generates maximum revenue from the Dry bulk segment.
70GF Score

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

$2.36
Price
$1.61
GF Value