ETS (Elite Express Holding) Receivables Turnover: 10.17 (As of May. 2026)

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ETS Elite Express Holding Inc ETS
13 GF Score
Price $1.00
! 3 Warning Signs
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What is Elite Express Holding Receivables Turnover?

Elite Express Holding ETS -10.56% 13 Receivables Turnover is 10.17 as of May. 2026. GuruFocus rates ETS with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 1,000 Transportation companies, Elite Express Holding ranks better than 95.2% 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. Elite Express Holding's Revenue for the three months ended in May. 2026 was $0.73 Mil. Elite Express Holding's average Accounts Receivable for the three months ended in May. 2026 was $0.07 Mil. Hence, Elite Express Holding's Receivables Turnover for the three months ended in May. 2026 was 10.17.


Elite Express Holding  (NAS:ETS) 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.


Elite Express Holding Receivables Turnover Related Terms


Elite Express Holding Receivables Turnover Historical Data

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The historical data trend for Elite Express 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.

Elite Express Holding Receivables Turnover Chart

Elite Express Holding Annual Data
Trend Nov23 Nov24 Nov25
Receivables Turnover
24.76 0.00 41.33

Elite Express Holding Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.99 12.19 11.09 10.25 10.17

ETS vs TOPP, TLSS, YGMZF: Receivables Turnover Comparison

For the Trucking subindustry, Elite Express 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.


Elite Express Holding Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Elite Express Holding's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Elite Express Holding's Receivables Turnover falls into.


ETS
13GF Score
Elite Express Holding Inc ETS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Elite Express Holding Receivables Turnover Calculation

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

Elite Express Holding's Receivables Turnover for the fiscal year that ended in Nov. 2025 is calculated as

Receivables Turnover (A: Nov. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Nov. 2025 ) / ((Accounts Receivable (A: Nov. 2024 ) + Accounts Receivable (A: Nov. 2025 )) / count )
=2.666 / ((0.056 + 0.073) / 2 )
=2.666 / 0.0645
=41.33

Elite Express Holding's Receivables Turnover for the quarter that ended in May. 2026 is calculated as

Receivables Turnover (Q: May. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: May. 2026 ) / ((Accounts Receivable (Q: Feb. 2026 ) + Accounts Receivable (Q: May. 2026 )) / count )
=0.727 / ((0.084 + 0.059) / 2 )
=0.727 / 0.0715
=10.17

* 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 10.17 mean?
Elite Express Holding (ETS) has a Receivables Turnover of 10.17 as of May. 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 Elite Express Holding and its competitors. According to the industry distribution chart, Elite Express Holding ranks #48 out of 1000 companies in the Transportation industry, placing it in the top 4.8%.
Is Elite Express Holding's Receivables Turnover too high?
Elite Express Holding's current Receivables Turnover is 10.17. The Transportation industry median Receivables Turnover is 7.81. Elite Express Holding's value of 10.17 is 30.2% above this industry median. Based on the distribution chart, Elite Express Holding ranks #48 out of 1000 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Elite Express Holding has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Elite Express Holding's Receivables Turnover compare to TOPP and TLSS?
According to the Transportation industry distribution chart, Elite Express Holding ranks #48 out of 1000 companies for Receivables Turnover. This places Elite Express Holding in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.81. Elite Express Holding's value of 10.17 is 30.2% above 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 7.81, based on 1,000 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. Elite Express Holding's current Receivables Turnover of 10.17 is 30.2% above 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 Elite Express Holding and its competitors. For the Transportation industry, the median Receivables Turnover is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elite Express Holding's current Receivables Turnover is 10.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elite Express Holding stock overvalued right now?
Elite Express Holding (ETS) has a current Receivables Turnover of 10.17. The current Receivables Turnover is 10.17 and 30.2% above the Transportation industry median of 7.81. Elite Express Holding's overall GF Score™ is 13/100 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 Elite Express Holding (ETS), the current Receivables Turnover is 10.17 as of May. 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.

Elite Express Holding Business Description

Address 23046 Avenida De La Carlota, Suite 600, Laguna Hills, CA, USA, 92653
Elite Express Holding Inc is a holding company that operates through its wholly owned subsidiary and specializes in last-mile delivery services within California. Its core business focuses on retrieving packages from distribution hubs and ensuring their prompt and secure delivery to recipients doorsteps. Committed to innovation and efficiency, its mission is to optimize last-mile logistics by providing efficient, reliable delivery solutions. The company mainly competes in the route delivery industry, which has several material barriers of entry, including: Substantial time and capital investment, Technological proficiency, Regulatory barriers, Balancing service quality and cost efficiency, and Effective Management.
13GF Score

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