Image Scan Holdings (FRA:LWN) Receivables Turnover: 2.92 (As of Mar. 2026)


What is Image Scan Holdings Receivables Turnover?

Image Scan Holdings FRA:LWN Receivables Turnover is 2.92 as of Mar. 2026. The stock has 6 warning signs investors should review. Among 1,062 Business Services companies, Image Scan Holdings ranks better than 52.92% 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. Image Scan Holdings's Revenue for the six months ended in Mar. 2026 was €1.52 Mil. Image Scan Holdings's average Accounts Receivable for the six months ended in Mar. 2026 was €0.52 Mil. Hence, Image Scan Holdings's Receivables Turnover for the six months ended in Mar. 2026 was 2.92.


Image Scan Holdings  (FRA:LWN) 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.


Image Scan Holdings Receivables Turnover Related Terms


Image Scan Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Image Scan 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.

Image Scan Holdings Receivables Turnover Chart

Image Scan Holdings Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.80 4.98 8.72 6.16 3.65

Image Scan Holdings Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.48 3.28 0.78 4.32 2.92

FRA:LWN vs ALLE, MSA, ADT: Receivables Turnover Comparison

For the Security & Protection Services subindustry, Image Scan 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.


Image Scan Holdings Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Image Scan Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Image Scan Holdings's Receivables Turnover falls into.



Image Scan Holdings Receivables Turnover Calculation

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

Image Scan Holdings's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=1.863 / ((0.707 + 0.315) / 2 )
=1.863 / 0.511
=3.65

Image Scan Holdings'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1.524 / ((0.315 + 0.729) / 2 )
=1.524 / 0.522
=2.92

* 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 2.92 mean?
Image Scan Holdings (FRA:LWN) has a Receivables Turnover of 2.92 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 Image Scan Holdings and its competitors. According to the industry distribution chart, Image Scan Holdings ranks #500 out of 1062 companies in the Business Services industry, placing it in the top 47.1%.
Is Image Scan Holdings' Receivables Turnover too high?
Image Scan Holdings' current Receivables Turnover is 2.92. The Business Services industry median Receivables Turnover is 6.18. Image Scan Holdings' value of 2.92 is 52.8% below this industry median. Based on the distribution chart, Image Scan Holdings ranks #500 out of 1062 companies in the Business Services industry, which is above the industry midpoint.
How does Image Scan Holdings' Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Image Scan Holdings ranks #500 out of 1062 companies for Receivables Turnover. This puts Image Scan Holdings in the upper half of its industry. The industry median Receivables Turnover is 6.18. Image Scan Holdings' value of 2.92 is 52.8% 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 6.18, 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. Image Scan Holdings's current Receivables Turnover of 2.92 is 52.8% 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 Image Scan Holdings and its competitors. For the Business Services industry, the median Receivables Turnover is 6.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Scan Holdings's current Receivables Turnover is 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Scan Holdings stock overvalued right now?
Image Scan Holdings (FRA:LWN) has a current Receivables Turnover of 2.92. The current Receivables Turnover is 2.92 and 52.8% below the Business Services industry median of 6.18. 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 Image Scan Holdings (FRA:LWN), the current Receivables Turnover is 2.92 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.

Image Scan Holdings Business Description

Other Exchanges IGE:UK
Address Sileby Road, 16-18 Hayhill Industrial Estate, Loughborough, Barrow-upon-Soar, Leicestershire, GBR, LE12 8LD
Image Scan Holdings PLC is principally engaged in the development and sale of portable X-ray systems for security and counter-terrorism applications. Additionally, it also manufactures industrial X-ray inspection systems. The company offers a range of portable, rapid deployment, and static security solutions to several security sectors, including government and private security organisations. It serves police, military, security services, bomb disposal teams, prisons, ports, airports, cargo handlers, freight forwarders, corporate headquarters, mail rooms, and operators of stadiums and events. The company derives revenue from the sale of its equipment. Geographically, it generates the majority of revenue from the United Kingdom.