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Binect AGFRA:MA10 68 Receivables Turnover is 3.09 as of Dec. 2025. GuruFocus rates FRA:MA10 with a GF Score™ of 68/100 and a GF Value™ of €2.97 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 2,784 Software companies, Binect AG ranks worse than 53.38% 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. Binect AG's Revenue for the
six
months ended in Dec. 2025 was €11.15 Mil. Binect AG's average Accounts Receivable for the
six
months ended in Dec. 2025 was €3.61 Mil.
Hence, Binect AG's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.09.
Binect AG (FRA:MA10) 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.
Binect AG Receivables Turnover Related Terms
Binect AG Receivables Turnover Historical Data
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The historical data trend for Binect AG'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:MA10 vs QH, SHOP, UBER: Receivables Turnover Comparison
For the Software - Application subindustry, Binect AG'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.
Binect AG Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Binect AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Binect AG'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.
Binect AG (FRA:MA10) has a Receivables Turnover of 3.09 as of Dec. 2025. 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 Binect AG and its competitors. According to the industry distribution chart, Binect AG ranks #1486 out of 2784 companies in the Software industry, placing it in the top 53.4%.
Is Binect AG's Receivables Turnover too high?
Binect AG's current Receivables Turnover is 3.09. The Software industry median Receivables Turnover is 5.78. Binect AG's value of 3.09 is 46.5% below this industry median. Based on the distribution chart, Binect AG ranks #1486 out of 2784 companies in the Software industry, which is below the industry midpoint. Overall, Binect AG has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Binect AG's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Binect AG ranks #1486 out of 2784 companies for Receivables Turnover. This places Binect AG in the lower half of its industry. The industry median Receivables Turnover is 5.78. Binect AG's value of 3.09 is 46.5% 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 Software company?
The median Receivables Turnover among Software companies is 5.78, based on 2,784 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. Binect AG's current Receivables Turnover of 3.09 is 46.5% 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 Binect AG and its competitors. For the Software industry, the median Receivables Turnover is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binect AG's current Receivables Turnover is 3.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Binect AG stock overvalued right now?
Based on GuruFocus' analysis, Binect AG (FRA:MA10) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.97, compared to a current price of €1.72 — trading 42.1% below its estimated fair value. The current Receivables Turnover is 3.09 and 46.5% below the Software industry median of 5.78. Binect AG's overall GF Score™ is 68/100 with 7 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 Binect AG (FRA:MA10), the current Receivables Turnover is 3.09 as of Dec. 2025. 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 Binect AG (FRA:MA10) Overvalued in 2026?
Based on GuruFocus' analysis, Binect AG stock appears to be undervalued.
The current stock price of €1.72 is trading 42.1% below its estimated GF Value™ of €2.97.
GuruFocus considers Binect AG to be Significantly Undervalued.
Key valuation signals for FRA:MA10:
Receivables Turnover: 3.09
GF Value™: €2.97 vs. price of €1.72 (42.1% below fair value)
Industry Position: 46.5% below the Software median (#1486 of 2784)
No single metric tells the full story. See the FRA:MA10 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Binect AG is a German management holding company. Along with its subsidiaries, it is engaged in the digitization of document-based business communication. The group digitizes all processes of document incoming and outgoing communication, such as contracts and invoices, with its solutions and the Binect ONE platform. Binect is also focused on venturing into the field of Intelligent Document Processing (IDP), which involves, among other things, using self-learning software components to process document content and transform it into digitally usable and processable data. The group develops and integrates its digital modules and solutions for medium-sized businesses, government agencies, and other institutions.
68GF Score
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