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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. LightPath Technologies's Revenue for the
three
months ended in Mar. 2026 was €16.57 Mil. LightPath Technologies's average Accounts Receivable for the
three
months ended in Mar. 2026 was €8.34 Mil.
Hence, LightPath Technologies's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.99.
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.
LightPath Technologies Receivables Turnover Related Terms
LightPath Technologies Receivables Turnover Historical Data
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The historical data trend for LightPath Technologies'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:LPZB vs KOPN, MEI, LYTS: Receivables Turnover Comparison
For the Electronic Components subindustry, LightPath Technologies'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.
LightPath Technologies Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, LightPath Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where LightPath Technologies'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.
LightPath Technologies (FRA:LPZB) has a Receivables Turnover of 1.99 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 LightPath Technologies and its competitors. According to the industry distribution chart, LightPath Technologies ranks #679 out of 2467 companies in the Hardware industry, placing it in the top 27.5%.
Is LightPath Technologies' Receivables Turnover too high?
LightPath Technologies' current Receivables Turnover is 1.99. The Hardware industry median Receivables Turnover is 4.94. LightPath Technologies' value of 1.99 is 59.7% below this industry median. Based on the distribution chart, LightPath Technologies ranks #679 out of 2467 companies in the Hardware industry, which is above the industry midpoint. Overall, LightPath Technologies has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightPath Technologies' Receivables Turnover compare to KOPN and MEI?
According to the Hardware industry distribution chart, LightPath Technologies ranks #679 out of 2467 companies for Receivables Turnover. This puts LightPath Technologies in the upper half of its industry. The industry median Receivables Turnover is 4.94. LightPath Technologies' value of 1.99 is 59.7% 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 4.94, based on 2,467 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. LightPath Technologies's current Receivables Turnover of 1.99 is 59.7% 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 LightPath Technologies and its competitors. For the Hardware industry, the median Receivables Turnover is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightPath Technologies's current Receivables Turnover is 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightPath Technologies stock overvalued right now?
Based on GuruFocus' analysis, LightPath Technologies (FRA:LPZB) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.11, compared to a current price of €10.60 — trading 402.4% above its estimated fair value. The current Receivables Turnover is 1.99 and 59.7% below the Hardware industry median of 4.94. LightPath Technologies' overall GF Score™ is 49/100 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 LightPath Technologies (FRA:LPZB), the current Receivables Turnover is 1.99 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 LightPath Technologies (FRA:LPZB) Overvalued in 2026?
Based on GuruFocus' analysis, LightPath Technologies stock appears to be overvalued.
The current stock price of €10.60 is trading 402.4% above its estimated GF Value™ of €2.11.
GuruFocus considers LightPath Technologies to be Significantly Overvalued.
Key valuation signals for FRA:LPZB:
Receivables Turnover: 1.99
GF Value™: €2.11 vs. price of €10.60 (402.4% above fair value)
Industry Position: 59.7% below the Hardware median (#679 of 2467)
No single metric tells the full story. See the FRA:LPZB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightPath Technologies Inc manufactures, distributes, and integrates proprietary optical components and assemblies. It develops optical solutions for traditional optics and communications markets. The company's products include precision molded optics and infrared products, serving markets such as distribution, laser, industrial, instrumentation, telecommunications, and defense. Its products are categorized as infrared components, visible components, assemblies and modules, and engineering services. G5 Infrared's revenue mainly comes from infrared components and assemblies.
49GF Score
Get the complete analysis for FRA:LPZB
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