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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. TagMaster AB's Revenue for the
three
months ended in Jun. 2026 was €10.72 Mil. TagMaster AB's average Accounts Receivable for the
three
months ended in Jun. 2026 was €6.66 Mil.
Hence, TagMaster AB's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.61.
TagMaster AB (FRA:2I40) 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.
TagMaster AB Receivables Turnover Related Terms
TagMaster AB Receivables Turnover Historical Data
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The historical data trend for TagMaster AB'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.
FRA:2I40 vs CSCO, MSI, HPE: Receivables Turnover Comparison
For the Communication Equipment subindustry, TagMaster AB'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.
TagMaster AB Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, TagMaster AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TagMaster AB's Receivables Turnover falls into.
* 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.
TagMaster AB (FRA:2I40) has a Receivables Turnover of 1.61 as of Jun. 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 TagMaster AB and its competitors. According to the industry distribution chart, TagMaster AB ranks #803 out of 2467 companies in the Hardware industry, placing it in the top 32.5%.
Is TagMaster AB's Receivables Turnover too high?
TagMaster AB's current Receivables Turnover is 1.61. The Hardware industry median Receivables Turnover is 5.00. TagMaster AB's value of 1.61 is 67.8% below this industry median. Based on the distribution chart, TagMaster AB ranks #803 out of 2467 companies in the Hardware industry, which is above the industry midpoint. Overall, TagMaster AB has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TagMaster AB's Receivables Turnover compare to CSCO and MSI?
According to the Hardware industry distribution chart, TagMaster AB ranks #803 out of 2467 companies for Receivables Turnover. This puts TagMaster AB in the upper half of its industry. The industry median Receivables Turnover is 5.00. TagMaster AB's value of 1.61 is 67.8% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 5.00, based on 2,467 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. TagMaster AB's current Receivables Turnover of 1.61 is 67.8% 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 TagMaster AB and its competitors. For the Hardware industry, the median Receivables Turnover is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TagMaster AB's current Receivables Turnover is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TagMaster AB stock overvalued right now?
Based on GuruFocus' analysis, TagMaster AB (FRA:2I40) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.29, compared to a current price of €2.74 — trading 16.7% below its estimated fair value. The current Receivables Turnover is 1.61 and 67.8% below the Hardware industry median of 5.00. TagMaster AB's overall GF Score™ is 89/100 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 TagMaster AB (FRA:2I40), the current Receivables Turnover is 1.61 as of Jun. 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 TagMaster AB (FRA:2I40) Overvalued in 2026?
Based on GuruFocus' analysis, TagMaster AB stock appears to be undervalued.
The current stock price of €2.74 is trading 16.7% below its estimated GF Value™ of €3.29.
GuruFocus considers TagMaster AB to be Modestly Undervalued.
Key valuation signals for FRA:2I40:
Receivables Turnover: 1.61
GF Value™: €3.29 vs. price of €2.74 (16.7% below fair value)
Industry Position: 67.8% below the Hardware median (#803 of 2467)
No single metric tells the full story. See the FRA:2I40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.
89GF Score
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