Citizen Watch Co (FRA:CTZ) Receivables Turnover: 1.38 (As of Mar. 2026)

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FRA:CTZ Citizen Watch Co Ltd FRA:CTZ
66 GF Score
Price €11.60
GF Value €6.29
Valuation Significantly Overvalued
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What is Citizen Watch Co Receivables Turnover?

Citizen Watch Co FRA:CTZ -4.13% 66 Receivables Turnover is 1.38 as of Mar. 2026. GuruFocus rates FRA:CTZ with a GF Score™ of 66/100 and a GF Value™ of €6.29 (Significantly Overvalued). Among 1,034 Manufacturing - Apparel & Accessories companies, Citizen Watch Co ranks worse than 60.54% 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. Citizen Watch Co's Revenue for the three months ended in Mar. 2026 was €489 Mil. Citizen Watch Co's average Accounts Receivable for the three months ended in Mar. 2026 was €354 Mil. Hence, Citizen Watch Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.38.


Citizen Watch Co  (FRA:CTZ) 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.


Citizen Watch Co Receivables Turnover Related Terms


Citizen Watch Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Citizen Watch Co'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.

Citizen Watch Co Receivables Turnover Chart

Citizen Watch Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 5.59 5.26 5.71 5.62

Citizen Watch Co 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 1.29 1.40 1.49 1.51 1.38

FRA:CTZ vs NKE, DECK, ONON: Receivables Turnover Comparison

For the Footwear & Accessories subindustry, Citizen Watch Co'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.


Citizen Watch Co Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Citizen Watch Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Citizen Watch Co's Receivables Turnover falls into.


FRA:CTZ
66GF Score
Citizen Watch Co Ltd FRA:CTZ
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Citizen Watch Co Receivables Turnover Calculation

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

Citizen Watch Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=1890.495 / ((334.659 + 338.232) / 2 )
=1890.495 / 336.4455
=5.62

Citizen Watch Co'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 )
=488.983 / ((370.383 + 338.232) / 2 )
=488.983 / 354.3075
=1.38

* 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 1.38 mean?
Citizen Watch Co (FRA:CTZ) has a Receivables Turnover of 1.38 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 Citizen Watch Co and its competitors. According to the industry distribution chart, Citizen Watch Co ranks #626 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 60.5%.
Is Citizen Watch Co's Receivables Turnover too high?
Citizen Watch Co's current Receivables Turnover is 1.38. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.91. Citizen Watch Co's value of 1.38 is 80% below this industry median. Based on the distribution chart, Citizen Watch Co ranks #626 out of 1034 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Citizen Watch Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Citizen Watch Co's Receivables Turnover compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Citizen Watch Co ranks #626 out of 1034 companies for Receivables Turnover. This places Citizen Watch Co in the lower half of its industry. The industry median Receivables Turnover is 6.91. Citizen Watch Co's value of 1.38 is 80% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.91, based on 1,034 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. Citizen Watch Co's current Receivables Turnover of 1.38 is 80% 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 Citizen Watch Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Citizen Watch Co's current Receivables Turnover is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Watch Co stock overvalued right now?
Based on GuruFocus' analysis, Citizen Watch Co (FRA:CTZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.29, compared to a current price of €11.60 — trading 84.4% above its estimated fair value. The current Receivables Turnover is 1.38 and 80% below the Manufacturing - Apparel & Accessories industry median of 6.91. Citizen Watch Co's overall GF Score™ is 66/100. 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 Citizen Watch Co (FRA:CTZ), the current Receivables Turnover is 1.38 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 Citizen Watch Co (FRA:CTZ) Overvalued in 2026?

Based on GuruFocus' analysis, Citizen Watch Co stock appears to be overvalued. The current stock price of €11.60 is trading 84.4% above its estimated GF Value™ of €6.29. GuruFocus considers Citizen Watch Co to be Significantly Overvalued.

Key valuation signals for FRA:CTZ:

  • Receivables Turnover: 1.38
  • GF Value™: €6.29 vs. price of €11.60 (84.4% above fair value)
  • GF Score™: 66/100
  • Industry Position: 80% below the Manufacturing - Apparel & Accessories median (#626 of 1034)

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


Citizen Watch Co Business Description

Other Exchanges CHCLY:USA7762:Japan
Address 6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd is a company whose main business is to manufacture and sell watches, machine tools, electronic devices, and electronic products. The Company has four reportable segments which includes Watches Business, Machine Tools Business, Device Business, and Electronic Equipment and Other Business. It generates majority of the revenue from Watches Business segment.
66GF Score

Get the complete analysis for FRA:CTZ

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

€11.60
Price
€6.29
GF Value