TAV Havalimanlari Holding AS (FRA:5THA) Receivables Turnover: 2.66 (As of Mar. 2026)

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FRA:5THA TAV Havalimanlari Holding AS FRA:5THA
76 GF Score
Price €18.50
GF Value €27.50
Valuation Possible Value Trap
! 8 Warning Signs
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What is TAV Havalimanlari Holding AS Receivables Turnover?

TAV Havalimanlari Holding AS FRA:5THA -4.64% 76 Receivables Turnover is 2.66 as of Mar. 2026. GuruFocus rates FRA:5THA with a GF Score™ of 76/100 and a GF Value™ of €27.50 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,000 Transportation companies, TAV Havalimanlari Holding AS ranks better than 71.3% 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. TAV Havalimanlari Holding AS's Revenue for the three months ended in Mar. 2026 was €361 Mil. TAV Havalimanlari Holding AS's average Accounts Receivable for the three months ended in Mar. 2026 was €136 Mil. Hence, TAV Havalimanlari Holding AS's Receivables Turnover for the three months ended in Mar. 2026 was 2.66.


TAV Havalimanlari Holding AS  (FRA:5THA) 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.


TAV Havalimanlari Holding AS Receivables Turnover Related Terms


TAV Havalimanlari Holding AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for TAV Havalimanlari Holding AS'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.

TAV Havalimanlari Holding AS Receivables Turnover Chart

TAV Havalimanlari Holding AS 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 6.57 10.55 11.49 13.76 13.87

TAV Havalimanlari Holding AS 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 2.75 2.73 3.11 2.69 2.66

FRA:5THA vs JOBY, CAAP: Receivables Turnover Comparison

For the Airports & Air Services subindustry, TAV Havalimanlari Holding AS'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.


TAV Havalimanlari Holding AS Receivables Turnover vs Transportation Industry

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

* The bar in red indicates where TAV Havalimanlari Holding AS's Receivables Turnover falls into.


FRA:5THA
76GF Score
TAV Havalimanlari Holding AS FRA:5THA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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TAV Havalimanlari Holding AS Receivables Turnover Calculation

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

TAV Havalimanlari Holding AS'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 )
=1823.179 / ((127.103 + 135.715) / 2 )
=1823.179 / 131.409
=13.87

TAV Havalimanlari Holding AS'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 )
=360.621 / ((135.715 + 135.907) / 2 )
=360.621 / 135.811
=2.66

* 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 2.66 mean?
TAV Havalimanlari Holding AS (FRA:5THA) has a Receivables Turnover of 2.66 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 TAV Havalimanlari Holding AS and its competitors. According to the industry distribution chart, TAV Havalimanlari Holding AS ranks #287 out of 1000 companies in the Transportation industry, placing it in the top 28.7%.
Is TAV Havalimanlari Holding AS's Receivables Turnover too high?
TAV Havalimanlari Holding AS's current Receivables Turnover is 2.66. The Transportation industry median Receivables Turnover is 7.74. TAV Havalimanlari Holding AS's value of 2.66 is 65.6% below this industry median. Based on the distribution chart, TAV Havalimanlari Holding AS ranks #287 out of 1000 companies in the Transportation industry, which is above the industry midpoint. Overall, TAV Havalimanlari Holding AS has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TAV Havalimanlari Holding AS's Receivables Turnover compare to JOBY and CAAP?
According to the Transportation industry distribution chart, TAV Havalimanlari Holding AS ranks #287 out of 1000 companies for Receivables Turnover. This puts TAV Havalimanlari Holding AS in the upper half of its industry. The industry median Receivables Turnover is 7.74. TAV Havalimanlari Holding AS's value of 2.66 is 65.6% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, 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. TAV Havalimanlari Holding AS's current Receivables Turnover of 2.66 is 65.6% 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 TAV Havalimanlari Holding AS and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAV Havalimanlari Holding AS's current Receivables Turnover is 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAV Havalimanlari Holding AS stock overvalued right now?
Based on GuruFocus' analysis, TAV Havalimanlari Holding AS (FRA:5THA) is currently considered Possible Value Trap. The stock's GF Value™ is €27.50, compared to a current price of €18.50 — trading 32.7% below its estimated fair value. The current Receivables Turnover is 2.66 and 65.6% below the Transportation industry median of 7.74. TAV Havalimanlari Holding AS's overall GF Score™ is 76/100 with 8 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 TAV Havalimanlari Holding AS (FRA:5THA), the current Receivables Turnover is 2.66 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 TAV Havalimanlari Holding AS (FRA:5THA) Overvalued in 2026?

Based on GuruFocus' analysis, TAV Havalimanlari Holding AS stock appears to be undervalued. The current stock price of €18.50 is trading 32.7% below its estimated GF Value™ of €27.50. GuruFocus considers TAV Havalimanlari Holding AS to be Possible Value Trap.

Key valuation signals for FRA:5THA:

  • Receivables Turnover: 2.66
  • GF Value™: €27.50 vs. price of €18.50 (32.7% below fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 65.6% below the Transportation median (#287 of 1000)

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


TAV Havalimanlari Holding AS Business Description

Address Ayazaga Mahallesi, Azerbaycan Caddesi, 2C Blok No:3L/6, Vadistanbul Bulvar, Sariyer, Istanbul, TUR, 34485
TAV Havalimanlari Holding AS constructs, manages, and operates terminal buildings and the operation of terminals or airports. The company organises itself into five segments: Terminal operations, Catering operations, Duty free operations, Ground handling and bus operations, and Other operations. Terminal operations, which contribute approximately half the company's revenue and the majority of profit, operate terminal buildings and car parks. Ground handling, bus operations, and duty-free operations are the next segments. The company is headquartered in Turkey and derives the majority of its revenue domestically.
76GF Score

Get the complete analysis for FRA:5THA

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

€18.50
Price
€27.50
GF Value