Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Clean Teq WaterFRA:9NK +13.71%32 Receivables Turnover is 3.68 as of Dec. 2025. GuruFocus rates FRA:9NK with a GF Score™ of 32/100 and a GF Value™ of €0.20 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 494 Utilities - Regulated companies, Clean Teq Water ranks worse than 61.13% 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. Clean Teq Water's Revenue for the
six
months ended in Dec. 2025 was €5.27 Mil. Clean Teq Water's average Accounts Receivable for the
six
months ended in Dec. 2025 was €1.43 Mil.
Hence, Clean Teq Water's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.68.
Clean Teq Water (FRA:9NK) 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.
Clean Teq Water Receivables Turnover Related Terms
Clean Teq Water Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Clean Teq Water'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:9NK vs AWK, WTRG, AWR: Receivables Turnover Comparison
For the Utilities - Regulated Water subindustry, Clean Teq Water'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.
Clean Teq Water Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Clean Teq Water's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Clean Teq Water'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.
Clean Teq Water (FRA:9NK) has a Receivables Turnover of 3.68 as of Dec. 2025. 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 Clean Teq Water and its competitors. According to the industry distribution chart, Clean Teq Water ranks #302 out of 494 companies in the Utilities - Regulated industry, placing it in the top 61.1%.
Is Clean Teq Water's Receivables Turnover too high?
Clean Teq Water's current Receivables Turnover is 3.68. The Utilities - Regulated industry median Receivables Turnover is 6.95. Clean Teq Water's value of 3.68 is 47% below this industry median. Based on the distribution chart, Clean Teq Water ranks #302 out of 494 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Clean Teq Water has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clean Teq Water's Receivables Turnover compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Clean Teq Water ranks #302 out of 494 companies for Receivables Turnover. This places Clean Teq Water in the lower half of its industry. The industry median Receivables Turnover is 6.95. Clean Teq Water's value of 3.68 is 47% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.95, based on 494 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. Clean Teq Water's current Receivables Turnover of 3.68 is 47% 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 Clean Teq Water and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Teq Water's current Receivables Turnover is 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Teq Water stock overvalued right now?
Based on GuruFocus' analysis, Clean Teq Water (FRA:9NK) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.20, compared to a current price of €0.45 — trading 124% above its estimated fair value. The current Receivables Turnover is 3.68 and 47% below the Utilities - Regulated industry median of 6.95. Clean Teq Water's overall GF Score™ is 32/100 with 5 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 Clean Teq Water (FRA:9NK), the current Receivables Turnover is 3.68 as of Dec. 2025. 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 Clean Teq Water (FRA:9NK) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Teq Water stock appears to be overvalued.
The current stock price of €0.45 is trading 124% above its estimated GF Value™ of €0.20.
GuruFocus considers Clean Teq Water to be Significantly Overvalued.
Key valuation signals for FRA:9NK:
Receivables Turnover: 3.68
GF Value™: €0.20 vs. price of €0.45 (124% above fair value)
Industry Position: 47% below the Utilities - Regulated median (#302 of 494)
No single metric tells the full story. See the FRA:9NK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.
32GF Score
Get the complete analysis for FRA:9NK
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:9NK has been successfully added to your 
