Top Glove Bhd (FRA:5OU) Receivables Turnover: 1.87 (As of May. 2026)

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FRA:5OU Top Glove Corp Bhd FRA:5OU
48 GF Score
Price €0.49
GF Value €0.92
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Top Glove Bhd Receivables Turnover?

Top Glove Bhd FRA:5OU -2.00% 48 Receivables Turnover is 1.87 as of May. 2026. GuruFocus rates FRA:5OU with a GF Score™ of 48/100 and a GF Value™ of €0.92 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 813 Medical Devices & Instruments companies, Top Glove Bhd ranks better than 75.52% 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. Top Glove Bhd's Revenue for the three months ended in May. 2026 was €237.3 Mil. Top Glove Bhd's average Accounts Receivable for the three months ended in May. 2026 was €127.1 Mil. Hence, Top Glove Bhd's Receivables Turnover for the three months ended in May. 2026 was 1.87.


Top Glove Bhd  (FRA:5OU) 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.


Top Glove Bhd Receivables Turnover Related Terms


Top Glove Bhd Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd Receivables Turnover Chart

Top Glove Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.91 15.38 10.65 10.00 9.09

Top Glove Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 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 1.77 1.93 2.13 2.13 1.87

FRA:5OU vs ISRG, BDX, MDLN: Receivables Turnover Comparison

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.


Top Glove Bhd Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Receivables Turnover falls into.


FRA:5OU
48GF Score
Top Glove Corp Bhd FRA:5OU
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Glove Bhd Receivables Turnover Calculation

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

Top Glove Bhd's Receivables Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Receivables Turnover (A: Aug. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Aug. 2025 ) / ((Accounts Receivable (A: Aug. 2024 ) + Accounts Receivable (A: Aug. 2025 )) / count )
=710.247 / ((70.139 + 86.08) / 2 )
=710.247 / 78.1095
=9.09

Top Glove Bhd'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 )
=237.325 / ((116.87 + 137.405) / 2 )
=237.325 / 127.1375
=1.87

* 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 1.87 mean?
Top Glove Bhd (FRA:5OU) has a Receivables Turnover of 1.87 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 Top Glove Bhd and its competitors. According to the industry distribution chart, Top Glove Bhd ranks #199 out of 813 companies in the Medical Devices & Instruments industry, placing it in the top 24.5%.
Is Top Glove Bhd's Receivables Turnover too high?
Top Glove Bhd's current Receivables Turnover is 1.87. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. Top Glove Bhd's value of 1.87 is 66.1% below this industry median. Based on the distribution chart, Top Glove Bhd ranks #199 out of 813 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Top Glove Bhd has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Top Glove Bhd ranks #199 out of 813 companies for Receivables Turnover. This places Top Glove Bhd in the top 25% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.51. Top Glove Bhd's value of 1.87 is 66.1% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 813 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. Top Glove Bhd's current Receivables Turnover of 1.87 is 66.1% 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 Top Glove Bhd and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Glove Bhd's current Receivables Turnover is 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (FRA:5OU) is currently considered Significantly Undervalued. The stock's GF Value™ is €0.92, compared to a current price of €0.49 — trading 46.7% below its estimated fair value. The current Receivables Turnover is 1.87 and 66.1% below the Medical Devices & Instruments industry median of 5.51. Top Glove Bhd's overall GF Score™ is 48/100 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 Top Glove Bhd (FRA:5OU), the current Receivables Turnover is 1.87 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.

Is Top Glove Bhd (FRA:5OU) Overvalued in 2026?

Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued. The current stock price of €0.49 is trading 46.7% below its estimated GF Value™ of €0.92. GuruFocus considers Top Glove Bhd to be Significantly Undervalued.

Key valuation signals for FRA:5OU:

  • Receivables Turnover: 1.87
  • GF Value™: €0.92 vs. price of €0.49 (46.7% below fair value)
  • GF Score™: 48/100 with 3 warning signs
  • Industry Position: 66.1% below the Medical Devices & Instruments median (#199 of 813)

No single metric tells the full story. See the FRA:5OU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Glove Bhd Business Description

Address 16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
48GF Score

Get the complete analysis for FRA:5OU

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

€0.49
Price
€0.92
GF Value