CTS Eventim AG. KGaA (FRA:EVD) Receivables Turnover: 3.24 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:EVD CTS Eventim AG & Co. KGaA FRA:EVD
79 GF Score
Price €61.00
GF Value €99.27
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is CTS Eventim AG. KGaA Receivables Turnover?

CTS Eventim AG. KGaA FRA:EVD 79 Receivables Turnover is 3.24 as of Mar. 2026. GuruFocus rates FRA:EVD with a GF Score™ of 79/100 and a GF Value™ of €99.27 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,005 Media - Diversified companies, CTS Eventim AG. KGaA ranks better than 92.34% 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. CTS Eventim AG. KGaA's Revenue for the three months ended in Mar. 2026 was €613 Mil. CTS Eventim AG. KGaA's average Accounts Receivable for the three months ended in Mar. 2026 was €189 Mil. Hence, CTS Eventim AG. KGaA's Receivables Turnover for the three months ended in Mar. 2026 was 3.24.


CTS Eventim AG. KGaA  (FRA:EVD) 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.


CTS Eventim AG. KGaA Receivables Turnover Related Terms


CTS Eventim AG. KGaA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CTS Eventim AG. KGaA'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.

CTS Eventim AG. KGaA Receivables Turnover Chart

CTS Eventim AG. KGaA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 14.04 14.53 15.89 15.48

CTS Eventim AG. KGaA 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 3.09 4.92 5.03 5.13 3.24

FRA:EVD vs NFLX, DIS, WBD: Receivables Turnover Comparison

For the Entertainment subindustry, CTS Eventim AG. KGaA'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.


CTS Eventim AG. KGaA Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CTS Eventim AG. KGaA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CTS Eventim AG. KGaA's Receivables Turnover falls into.


FRA:EVD
79GF Score
CTS Eventim AG & Co. KGaA FRA:EVD
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTS Eventim AG. KGaA Receivables Turnover Calculation

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

CTS Eventim AG. KGaA's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=3079.295 / ((187.179 + 210.643) / 2 )
=3079.295 / 198.911
=15.48

CTS Eventim AG. KGaA'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 )
=613.489 / ((210.643 + 168.327) / 2 )
=613.489 / 189.485
=3.24

* 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 3.24 mean?
CTS Eventim AG. KGaA (FRA:EVD) has a Receivables Turnover of 3.24 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 CTS Eventim AG. KGaA and its competitors. According to the industry distribution chart, CTS Eventim AG. KGaA ranks #77 out of 1005 companies in the Media - Diversified industry, placing it in the top 7.7%.
Is CTS Eventim AG. KGaA's Receivables Turnover too high?
CTS Eventim AG. KGaA's current Receivables Turnover is 3.24. The Media - Diversified industry median Receivables Turnover is 5.39. CTS Eventim AG. KGaA's value of 3.24 is 39.9% below this industry median. Based on the distribution chart, CTS Eventim AG. KGaA ranks #77 out of 1005 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, CTS Eventim AG. KGaA has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CTS Eventim AG. KGaA's Receivables Turnover compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, CTS Eventim AG. KGaA ranks #77 out of 1005 companies for Receivables Turnover. This places CTS Eventim AG. KGaA in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.39. CTS Eventim AG. KGaA's value of 3.24 is 39.9% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.39, based on 1,005 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. CTS Eventim AG. KGaA's current Receivables Turnover of 3.24 is 39.9% 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 CTS Eventim AG. KGaA and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTS Eventim AG. KGaA's current Receivables Turnover is 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTS Eventim AG. KGaA stock overvalued right now?
Based on GuruFocus' analysis, CTS Eventim AG. KGaA (FRA:EVD) is currently considered Significantly Undervalued. The stock's GF Value™ is €99.27, compared to a current price of €61.00 — trading 38.6% below its estimated fair value. The current Receivables Turnover is 3.24 and 39.9% below the Media - Diversified industry median of 5.39. CTS Eventim AG. KGaA's overall GF Score™ is 79/100 with 3 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 CTS Eventim AG. KGaA (FRA:EVD), the current Receivables Turnover is 3.24 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 CTS Eventim AG. KGaA (FRA:EVD) Overvalued in 2026?

Based on GuruFocus' analysis, CTS Eventim AG. KGaA stock appears to be undervalued. The current stock price of €61.00 is trading 38.6% below its estimated GF Value™ of €99.27. GuruFocus considers CTS Eventim AG. KGaA to be Significantly Undervalued.

Key valuation signals for FRA:EVD:

  • Receivables Turnover: 3.24
  • GF Value™: €99.27 vs. price of €61.00 (38.6% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 39.9% below the Media - Diversified median (#77 of 1005)

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


CTS Eventim AG. KGaA Business Description

Address Hohe Bleichen 11, Hamburg, HB, DEU, 20354
CTS Eventim AG & Co. KGaA is a diversified media company that focuses on ticketing and live entertainment. The business is divided into two segments: ticketing and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, and theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.
79GF Score

Get the complete analysis for FRA:EVD

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

€61.00
Price
€99.27
GF Value