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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. Tokyo Electron Device's Revenue for the
three
months ended in Mar. 2026 was €311 Mil. Tokyo Electron Device's average Accounts Receivable for the
three
months ended in Mar. 2026 was €296 Mil.
Hence, Tokyo Electron Device's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.05.
Tokyo Electron Device (FRA:8VR) 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.
Tokyo Electron Device Receivables Turnover Related Terms
Tokyo Electron Device Receivables Turnover Historical Data
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The historical data trend for Tokyo Electron Device'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:8VR vs APH, GLW: Receivables Turnover Comparison
For the Electronic Components subindustry, Tokyo Electron Device'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.
Tokyo Electron Device Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Tokyo Electron Device's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tokyo Electron Device'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.
Tokyo Electron Device (FRA:8VR) has a Receivables Turnover of 1.05 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 Tokyo Electron Device and its competitors. According to the industry distribution chart, Tokyo Electron Device ranks #1555 out of 2472 companies in the Hardware industry, placing it in the top 62.9%.
Is Tokyo Electron Device's Receivables Turnover too high?
Tokyo Electron Device's current Receivables Turnover is 1.05. The Hardware industry median Receivables Turnover is 4.90. Tokyo Electron Device's value of 1.05 is 78.5% below this industry median. Based on the distribution chart, Tokyo Electron Device ranks #1555 out of 2472 companies in the Hardware industry, which is below the industry midpoint. Overall, Tokyo Electron Device has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron Device's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Tokyo Electron Device ranks #1555 out of 2472 companies for Receivables Turnover. This places Tokyo Electron Device in the lower half of its industry. The industry median Receivables Turnover is 4.90. Tokyo Electron Device's value of 1.05 is 78.5% 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 4.90, based on 2,472 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. Tokyo Electron Device's current Receivables Turnover of 1.05 is 78.5% 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 Tokyo Electron Device and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electron Device's current Receivables Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron Device stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron Device (FRA:8VR) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.80, compared to a current price of €20.32 — trading 20.9% above its estimated fair value. The current Receivables Turnover is 1.05 and 78.5% below the Hardware industry median of 4.90. Tokyo Electron Device's overall GF Score™ is 69/100 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 Tokyo Electron Device (FRA:8VR), the current Receivables Turnover is 1.05 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 Tokyo Electron Device (FRA:8VR) Overvalued in 2026?
Based on GuruFocus' analysis, Tokyo Electron Device stock appears to be overvalued.
The current stock price of €20.32 is trading 20.9% above its estimated GF Value™ of €16.80.
GuruFocus considers Tokyo Electron Device to be Modestly Overvalued.
Key valuation signals for FRA:8VR:
Receivables Turnover: 1.05
GF Value™: €16.80 vs. price of €20.32 (20.9% above fair value)
Industry Position: 78.5% below the Hardware median (#1555 of 2472)
No single metric tells the full story. See the FRA:8VR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokyo Electron Device Ltd is engaged in the sales of semiconductor products, board computer products, software and other electronic components. It is also involved in the business of network and security solutions, storage solutions, and software solutions.
69GF Score
Get the complete analysis for FRA:8VR
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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