DRHNF (Hoenle AG) Receivables Turnover: 1.81 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DRHNF Hoenle AG DRHNF
70 GF Score
Price $51.60
GF Value $63.46
! 2 Warning Signs
View Full Analysis

What is Hoenle AG Receivables Turnover?

Hoenle AG DRHNF 70 Receivables Turnover is 1.81 as of Mar. 2026. GuruFocus rates DRHNF with a GF Score™ of 70/100 and a GF Value™ of $63.46. The stock has 2 warning signs investors should review. Among 3,034 Industrial Products companies, Hoenle AG ranks better than 78.94% 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. Hoenle AG's Revenue for the three months ended in Mar. 2026 was $27.6 Mil. Hoenle AG's average Accounts Receivable for the three months ended in Mar. 2026 was $15.2 Mil. Hence, Hoenle AG's Receivables Turnover for the three months ended in Mar. 2026 was 1.81.


Hoenle AG  (OTCPK:DRHNF) 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.


Hoenle AG Receivables Turnover Related Terms


Hoenle AG Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Hoenle AG'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.

Hoenle AG Receivables Turnover Chart

Hoenle AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.35 5.82 6.28 6.60 6.71

Hoenle AG 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 1.94 1.71 1.80 1.66 1.81

DRHNF vs VRT, BE, HUBB: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Hoenle AG'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.


Hoenle AG Receivables Turnover vs Industrial Products Industry

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

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


DRHNF
70GF Score
Hoenle AG DRHNF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoenle AG Receivables Turnover Calculation

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

Hoenle AG's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=109.955 / ((16.559 + 16.212) / 2 )
=109.955 / 16.3855
=6.71

Hoenle AG'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 )
=27.565 / ((14.128 + 16.304) / 2 )
=27.565 / 15.216
=1.81

* 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 1.81 mean?
Hoenle AG (DRHNF) has a Receivables Turnover of 1.81 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 Hoenle AG and its competitors. According to the industry distribution chart, Hoenle AG ranks #639 out of 3034 companies in the Industrial Products industry, placing it in the top 21.1%.
Is Hoenle AG's Receivables Turnover too high?
Hoenle AG's current Receivables Turnover is 1.81. The Industrial Products industry median Receivables Turnover is 4.45. Hoenle AG's value of 1.81 is 59.3% below this industry median. Based on the distribution chart, Hoenle AG ranks #639 out of 3034 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Hoenle AG has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Hoenle AG's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Hoenle AG ranks #639 out of 3034 companies for Receivables Turnover. This places Hoenle AG in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. Hoenle AG's value of 1.81 is 59.3% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. Hoenle AG's current Receivables Turnover of 1.81 is 59.3% 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 Hoenle AG 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. Hoenle AG's current Receivables Turnover is 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoenle AG stock overvalued right now?
Hoenle AG (DRHNF) has a current Receivables Turnover of 1.81. The stock's GF Value™ is $63.46, compared to a current price of $51.60 — trading 18.7% below its estimated fair value. The current Receivables Turnover is 1.81 and 59.3% below the Industrial Products industry median of 4.45. Hoenle AG's overall GF Score™ is 70/100 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 Hoenle AG (DRHNF), the current Receivables Turnover is 1.81 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 Hoenle AG (DRHNF) Overvalued in 2026?

Based on GuruFocus' analysis, Hoenle AG stock appears to be undervalued. The current stock price of $51.60 is trading 18.7% below its estimated GF Value™ of $63.46.

Key valuation signals for DRHNF:

  • Receivables Turnover: 1.81
  • GF Value™: $63.46 vs. price of $51.60 (18.7% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 59.3% below the Industrial Products median (#639 of 3034)

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


Hoenle AG Business Description

Address Nicolaus-Otto-Street 2, Gilching, Munich, BY, DEU, 82205
Hoenle AG develops, manufactures, and markets industrial UV technology. The company operates in UV, LED-UV, IR / HA, Inert-UV and Excimer systems and equipment, industrial adhesives, UV and IR lamps, UV measuring technology and reflectors and Electronic Power Supplies. The solutions provided by the company are Printing, Converting and Coating, Bonding, Potting and Fluorescence Testing, and Disinfection of Surfaces, Liquids and Gases.
70GF Score

Get the complete analysis for DRHNF

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

$51.60
Price
$63.46
GF Value