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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. PROG Holdings's Revenue for the
three
months ended in Jun. 2026 was €625 Mil. PROG Holdings's average Accounts Receivable for the
three
months ended in Jun. 2026 was €330 Mil.
Hence, PROG Holdings's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.89.
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.
PROG Holdings Receivables Turnover Related Terms
PROG Holdings Receivables Turnover Historical Data
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The historical data trend for PROG Holdings'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:AZD vs LIME, WLFC, VSTS: Receivables Turnover Comparison
For the Rental & Leasing Services subindustry, PROG Holdings'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.
PROG Holdings Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, PROG Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where PROG Holdings'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.
PROG Holdings (FRA:AZD) has a Receivables Turnover of 1.89 as of Jun. 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 PROG Holdings and its competitors. According to the industry distribution chart, PROG Holdings ranks #129 out of 1062 companies in the Business Services industry, placing it in the top 12.1%.
Is PROG Holdings' Receivables Turnover too high?
PROG Holdings' current Receivables Turnover is 1.89. The Business Services industry median Receivables Turnover is 6.25. PROG Holdings' value of 1.89 is 69.8% below this industry median. Based on the distribution chart, PROG Holdings ranks #129 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, PROG Holdings has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PROG Holdings' Receivables Turnover compare to LIME and WLFC?
According to the Business Services industry distribution chart, PROG Holdings ranks #129 out of 1062 companies for Receivables Turnover. This places PROG Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.25. PROG Holdings' value of 1.89 is 69.8% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,062 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. PROG Holdings's current Receivables Turnover of 1.89 is 69.8% 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 PROG Holdings and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PROG Holdings's current Receivables Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PROG Holdings stock overvalued right now?
Based on GuruFocus' analysis, PROG Holdings (FRA:AZD) is currently considered Fairly Valued. The stock's GF Value™ is €35.34, compared to a current price of €37.20 — trading 5.3% above its estimated fair value. The current Receivables Turnover is 1.89 and 69.8% below the Business Services industry median of 6.25. PROG Holdings' overall GF Score™ is 91/100 with 6 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 PROG Holdings (FRA:AZD), the current Receivables Turnover is 1.89 as of Jun. 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 PROG Holdings (FRA:AZD) Overvalued in 2026?
Based on GuruFocus' analysis, PROG Holdings stock appears to be overvalued.
The current stock price of €37.20 is trading 5.3% above its estimated GF Value™ of €35.34.
GuruFocus considers PROG Holdings to be Fairly Valued.
Key valuation signals for FRA:AZD:
Receivables Turnover: 1.89
GF Value™: €35.34 vs. price of €37.20 (5.3% above fair value)
Industry Position: 69.8% below the Business Services median (#129 of 1062)
No single metric tells the full story. See the FRA:AZD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The company has two reportable segments: Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the Progressive Leasing segment.
91GF Score
Get the complete analysis for FRA:AZD
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