Dover (DOV) Receivables Turnover: 1.46 (As of Mar. 2026)


DOV Dover Corp DOV
91 GF Score
Price $215.33
GF Value $197.83
Valuation Fairly Valued
! 3 Warning Signs
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What is Dover Receivables Turnover?

Dover DOV +1.78% 91 Receivables Turnover is 1.46 as of Mar. 2026. GuruFocus rates DOV with a GF Score™ of 91/100 and a GF Value™ of $197.83 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,024 Industrial Products companies, Dover ranks better than 69.31% 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. Dover's Revenue for the three months ended in Mar. 2026 was $2,054 Mil. Dover's average Accounts Receivable for the three months ended in Mar. 2026 was $1,408 Mil. Hence, Dover's Receivables Turnover for the three months ended in Mar. 2026 was 1.46.


Dover  (NYSE:DOV) 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.


Dover Receivables Turnover Related Terms


Dover Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Dover'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.

Dover Receivables Turnover Chart

Dover Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.36 5.48 5.42 5.79 5.94

Dover 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 1.37 1.43 1.42 1.49 1.46

DOV vs IR, OTIS, INIO: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Dover'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.


Dover Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dover's Receivables Turnover distribution charts can be found below:

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


DOV
91GF Score
Dover Corp DOV
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Dover Receivables Turnover Calculation

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

Dover'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 )
=8092.571 / ((1354.225 + 1371.352) / 2 )
=8092.571 / 1362.7885
=5.94

Dover'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 )
=2053.623 / ((1371.352 + 1444.558) / 2 )
=2053.623 / 1407.955
=1.46

* 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 1.46 mean?
Dover (DOV) has a Receivables Turnover of 1.46 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 Dover and its competitors. According to the industry distribution chart, Dover ranks #928 out of 3024 companies in the Industrial Products industry, placing it in the top 30.7%.
Is Dover's Receivables Turnover too high?
Dover's current Receivables Turnover is 1.46. The Industrial Products industry median Receivables Turnover is 4.45. Dover's value of 1.46 is 67.2% below this industry median. Based on the distribution chart, Dover ranks #928 out of 3024 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Dover has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dover's Receivables Turnover compare to IR and OTIS?
According to the Industrial Products industry distribution chart, Dover ranks #928 out of 3024 companies for Receivables Turnover. This puts Dover in the upper half of its industry. The industry median Receivables Turnover is 4.45. Dover's value of 1.46 is 67.2% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,024 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. Dover's current Receivables Turnover of 1.46 is 67.2% 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 Dover and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dover's current Receivables Turnover is 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dover stock overvalued right now?
Based on GuruFocus' analysis, Dover (DOV) is currently considered Fairly Valued. The stock's GF Value™ is $197.83, compared to a current price of $215.33 — trading 8.8% above its estimated fair value. The current Receivables Turnover is 1.46 and 67.2% below the Industrial Products industry median of 4.45. Dover's overall GF Score™ is 91/100 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 Dover (DOV), the current Receivables Turnover is 1.46 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 Dover (DOV) Overvalued in 2026?

Based on GuruFocus' analysis, Dover stock appears to be overvalued. The current stock price of $215.33 is trading 8.8% above its estimated GF Value™ of $197.83. GuruFocus considers Dover to be Fairly Valued.

Key valuation signals for DOV:

  • Receivables Turnover: 1.46
  • GF Value™: $197.83 vs. price of $215.33 (8.8% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 67.2% below the Industrial Products median (#928 of 3024)

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


Dover Business Description

Address 3005 Highland Parkway, Downers Grove, IL, USA, 60515
Founded in 1955 by George Ohrstrom, Dover has become an industrial behemoth through the acquisition of dozens of esteemed brands. The company is organized into five segments through which it designs and manufactures highly engineered components, such as vehicle repair, factory automation, welding, aerospace, fuel dispensing, printing, liquid handling, refrigeration, and can-making equipment. It has operations around the globe but generates over half of its revenue in the United States.
91GF Score

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

$215.33
Price
$197.83
GF Value