MercariFRA:6TP +1.72%73 Receivables Turnover is 0.19 as of Mar. 2026. GuruFocus rates FRA:6TP with a GF Score™ of 73/100 and a GF Value™ of €15.24 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,096 Retail - Cyclical companies, Mercari ranks worse than 98.54% 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. Mercari's Revenue for the
three
months ended in Mar. 2026 was €333 Mil. Mercari's average Accounts Receivable for the
three
months ended in Mar. 2026 was €1,769 Mil.
Hence, Mercari's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.19.
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.
Mercari Receivables Turnover Related Terms
Mercari Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Mercari'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:6TP vs AMZN, BABA, PDD: Receivables Turnover Comparison
For the Internet Retail subindustry, Mercari'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.
Mercari Receivables Turnover vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mercari's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mercari'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.
Mercari (FRA:6TP) has a Receivables Turnover of 0.19 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 Mercari and its competitors. According to the industry distribution chart, Mercari ranks #1080 out of 1096 companies in the Retail - Cyclical industry, placing it in the top 98.5%.
Is Mercari's Receivables Turnover too high?
Mercari's current Receivables Turnover is 0.19. The Retail - Cyclical industry median Receivables Turnover is 19.31. Mercari's value of 0.19 is 99% below this industry median. Based on the distribution chart, Mercari ranks #1080 out of 1096 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mercari has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercari's Receivables Turnover compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Mercari ranks #1080 out of 1096 companies for Receivables Turnover. This places Mercari in the lower half of its industry. The industry median Receivables Turnover is 19.31. Mercari's value of 0.19 is 99% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.31, based on 1,096 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. Mercari's current Receivables Turnover of 0.19 is 99% 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 Mercari and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercari's current Receivables Turnover is 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercari stock overvalued right now?
Based on GuruFocus' analysis, Mercari (FRA:6TP) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.24, compared to a current price of €23.60 — trading 54.9% above its estimated fair value. The current Receivables Turnover is 0.19 and 99% below the Retail - Cyclical industry median of 19.31. Mercari's overall GF Score™ is 73/100 with 9 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 Mercari (FRA:6TP), the current Receivables Turnover is 0.19 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 Mercari (FRA:6TP) Overvalued in 2026?
Based on GuruFocus' analysis, Mercari stock appears to be overvalued.
The current stock price of €23.60 is trading 54.9% above its estimated GF Value™ of €15.24.
GuruFocus considers Mercari to be Significantly Overvalued.
Key valuation signals for FRA:6TP:
Receivables Turnover: 0.19
GF Value™: €15.24 vs. price of €23.60 (54.9% above fair value)
Industry Position: 99% below the Retail - Cyclical median (#1080 of 1096)
No single metric tells the full story. See the FRA:6TP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercari operates the largest consumer-to-consumer secondhand goods trading platform in Japan in Mercari, with over 23 million monthly active users and over JPY 1.1 trillion in gross merchandise value in fiscal 2022. We estimate that it currently has over 40% market share in the online C2C market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the US as well. Domestic business roughly accounts for over 95% of its total GMV.
73GF Score
Get the complete analysis for FRA:6TP
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:6TP has been successfully added to your 
