Parkin Co (DFM:PARKIN) Receivables Turnover: 1.64 (As of Mar. 2026)

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DFM:PARKIN Parkin Co DFM:PARKIN
34 GF Score
Price د.إ5.52
! 2 Warning Signs
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What is Parkin Co Receivables Turnover?

Parkin Co DFM:PARKIN -1.43% 34 Receivables Turnover is 1.64 as of Mar. 2026. GuruFocus rates DFM:PARKIN with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 1,763 Construction companies, Parkin Co ranks better than 68.46% 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. Parkin Co's Revenue for the three months ended in Mar. 2026 was د.إ379 Mil. Parkin Co's average Accounts Receivable for the three months ended in Mar. 2026 was د.إ232 Mil. Hence, Parkin Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.64.


Parkin Co  (DFM:PARKIN) 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.


Parkin Co Receivables Turnover Related Terms


Parkin Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Parkin Co'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.

Parkin Co Receivables Turnover Chart

Parkin Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
2.25 2.86 3.95 5.67 7.30

Parkin Co Quarterly Data
Dec21 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 1.55 1.63 1.71 1.84 1.64

Parkin Co Receivables Turnover Competitor Comparison

For the Infrastructure Operations subindustry, Parkin Co'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.


Parkin Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Parkin Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Parkin Co's Receivables Turnover falls into.


DFM:PARKIN
34GF Score
Parkin Co DFM:PARKIN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Parkin Co Receivables Turnover Calculation

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

Parkin Co'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 )
=1308.302 / ((146.554 + 211.828) / 2 )
=1308.302 / 179.191
=7.30

Parkin Co'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 )
=379.359 / ((211.828 + 251.795) / 2 )
=379.359 / 231.8115
=1.64

* 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 1.64 mean?
Parkin Co (DFM:PARKIN) has a Receivables Turnover of 1.64 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 Parkin Co and its competitors. According to the industry distribution chart, Parkin Co ranks #556 out of 1763 companies in the Construction industry, placing it in the top 31.5%.
Is Parkin Co's Receivables Turnover too high?
Parkin Co's current Receivables Turnover is 1.64. The Construction industry median Receivables Turnover is 4.78. Parkin Co's value of 1.64 is 65.7% below this industry median. Based on the distribution chart, Parkin Co ranks #556 out of 1763 companies in the Construction industry, which is above the industry midpoint. Overall, Parkin Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Parkin Co's Receivables Turnover compare to competitors?
According to the Construction industry distribution chart, Parkin Co ranks #556 out of 1763 companies for Receivables Turnover. This puts Parkin Co in the upper half of its industry. The industry median Receivables Turnover is 4.78. Parkin Co's value of 1.64 is 65.7% 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 a Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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. Parkin Co's current Receivables Turnover of 1.64 is 65.7% 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 Parkin Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parkin Co's current Receivables Turnover is 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parkin Co stock overvalued right now?
Parkin Co (DFM:PARKIN) has a current Receivables Turnover of 1.64. The current Receivables Turnover is 1.64 and 65.7% below the Construction industry median of 4.78. Parkin Co's overall GF Score™ is 34/100 with 2 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 Parkin Co (DFM:PARKIN), the current Receivables Turnover is 1.64 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.

Parkin Co Business Description

Address Dubai Festival City, Suite No. 100, 1st floor, Festival Tower, PO Box 36699, Dubai, ARE
Parkin Co is engaged in offering convenient and cost-effective parking solutions for both residents and visitors in Dubai. It is responsible for operating, overseeing, monitoring, inspecting, and enforcing parking services in public areas, such as on-street parking, off-street parking, multi-story car parks, and designated developer zones within Dubai. The parking fares are collected through various payment channels including the Roads and Transport Authority (RTA) website, cash, nol cards, and smart applications.
34GF Score

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

د.إ5.52
Price