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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. Mercury Systems's Revenue for the
three
months ended in Mar. 2026 was €203.9 Mil. Mercury Systems's average Accounts Receivable for the
three
months ended in Mar. 2026 was €86.5 Mil.
Hence, Mercury Systems's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.36.
Mercury Systems (FRA:MCY) 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.
Mercury Systems Receivables Turnover Related Terms
Mercury Systems Receivables Turnover Historical Data
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The historical data trend for Mercury Systems'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:MCY vs DPC, VSEC, KRMN: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Mercury Systems'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.
Mercury Systems Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mercury Systems's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mercury Systems'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.
Mercury Systems (FRA:MCY) has a Receivables Turnover of 2.36 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 Mercury Systems and its competitors. According to the industry distribution chart, Mercury Systems ranks #81 out of 347 companies in the Aerospace & Defense industry, placing it in the top 23.3%.
Is Mercury Systems' Receivables Turnover too high?
Mercury Systems' current Receivables Turnover is 2.36. The Aerospace & Defense industry median Receivables Turnover is 5.63. Mercury Systems' value of 2.36 is 58.1% below this industry median. Based on the distribution chart, Mercury Systems ranks #81 out of 347 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Mercury Systems has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercury Systems' Receivables Turnover compare to DPC and VSEC?
According to the Aerospace & Defense industry distribution chart, Mercury Systems ranks #81 out of 347 companies for Receivables Turnover. This places Mercury Systems in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.63. Mercury Systems' value of 2.36 is 58.1% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.63, based on 347 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. Mercury Systems's current Receivables Turnover of 2.36 is 58.1% 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 Mercury Systems and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury Systems's current Receivables Turnover is 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury Systems stock overvalued right now?
Based on GuruFocus' analysis, Mercury Systems (FRA:MCY) is currently considered Significantly Overvalued. The stock's GF Value™ is €34.85, compared to a current price of €85.94 — trading 146.6% above its estimated fair value. The current Receivables Turnover is 2.36 and 58.1% below the Aerospace & Defense industry median of 5.63. Mercury Systems' overall GF Score™ is 61/100 with 4 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 Mercury Systems (FRA:MCY), the current Receivables Turnover is 2.36 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 Mercury Systems (FRA:MCY) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury Systems stock appears to be overvalued.
The current stock price of €85.94 is trading 146.6% above its estimated GF Value™ of €34.85.
GuruFocus considers Mercury Systems to be Significantly Overvalued.
Key valuation signals for FRA:MCY:
Receivables Turnover: 2.36
GF Value™: €34.85 vs. price of €85.94 (146.6% above fair value)
Industry Position: 58.1% below the Aerospace & Defense median (#81 of 347)
No single metric tells the full story. See the FRA:MCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
61GF Score
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