McGrath RentCorp (FRA:MG8) Receivables Turnover: 0.96 (As of Jun. 2026)

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FRA:MG8 McGrath RentCorp FRA:MG8
90 GF Score
Price €102.00
GF Value €99.41
! 5 Warning Signs
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What is McGrath RentCorp Receivables Turnover?

McGrath RentCorp FRA:MG8 90 Receivables Turnover is 0.96 as of Jun. 2026. GuruFocus rates FRA:MG8 with a GF Score™ of 90/100 and a GF Value™ of €99.41. The stock has 5 warning signs investors should review. Among 1,066 Business Services companies, McGrath RentCorp ranks worse than 77.67% 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. McGrath RentCorp's Revenue for the three months ended in Jun. 2026 was €191.9 Mil. McGrath RentCorp's average Accounts Receivable for the three months ended in Jun. 2026 was €200.2 Mil. Hence, McGrath RentCorp's Receivables Turnover for the three months ended in Jun. 2026 was 0.96.


McGrath RentCorp  (FRA:MG8) 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.


McGrath RentCorp Receivables Turnover Related Terms


McGrath RentCorp Receivables Turnover Historical Data

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The historical data trend for McGrath RentCorp'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.

McGrath RentCorp Receivables Turnover Chart

McGrath RentCorp 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 3.90 3.98 4.14 4.16 3.96

McGrath RentCorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.03 1.07 1.09 0.88 0.96

FRA:MG8 vs CTOS, VSTS, LIME: Receivables Turnover Comparison

For the Rental & Leasing Services subindustry, McGrath RentCorp'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.


McGrath RentCorp Receivables Turnover vs Business Services Industry

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

* The bar in red indicates where McGrath RentCorp's Receivables Turnover falls into.


FRA:MG8
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McGrath RentCorp FRA:MG8
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McGrath RentCorp Receivables Turnover Calculation

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

McGrath RentCorp'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 )
=806.377 / ((209.472 + 198.013) / 2 )
=806.377 / 203.7425
=3.96

McGrath RentCorp's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=191.925 / ((192.113 + 208.339) / 2 )
=191.925 / 200.226
=0.96

* 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 0.96 mean?
McGrath RentCorp (FRA:MG8) has a Receivables Turnover of 0.96 as of Jun. 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 McGrath RentCorp and its competitors. According to the industry distribution chart, McGrath RentCorp ranks #828 out of 1066 companies in the Business Services industry, placing it in the top 77.7%.
Is McGrath RentCorp's Receivables Turnover too high?
McGrath RentCorp's current Receivables Turnover is 0.96. The Business Services industry median Receivables Turnover is 6.24. McGrath RentCorp's value of 0.96 is 84.6% below this industry median. Based on the distribution chart, McGrath RentCorp ranks #828 out of 1066 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, McGrath RentCorp has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Receivables Turnover compare to CTOS and VSTS?
According to the Business Services industry distribution chart, McGrath RentCorp ranks #828 out of 1066 companies for Receivables Turnover. This places McGrath RentCorp in the lower half of its industry. The industry median Receivables Turnover is 6.24. McGrath RentCorp's value of 0.96 is 84.6% 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 6.24, based on 1,066 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. McGrath RentCorp's current Receivables Turnover of 0.96 is 84.6% 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 McGrath RentCorp and its competitors. For the Business Services industry, the median Receivables Turnover is 6.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McGrath RentCorp's current Receivables Turnover is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McGrath RentCorp stock overvalued right now?
McGrath RentCorp (FRA:MG8) has a current Receivables Turnover of 0.96. The stock's GF Value™ is €99.41, compared to a current price of €102.00 — trading 2.6% above its estimated fair value. The current Receivables Turnover is 0.96 and 84.6% below the Business Services industry median of 6.24. McGrath RentCorp's overall GF Score™ is 90/100 with 5 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 McGrath RentCorp (FRA:MG8), the current Receivables Turnover is 0.96 as of Jun. 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 McGrath RentCorp (FRA:MG8) Overvalued in 2026?

Based on GuruFocus' analysis, McGrath RentCorp stock appears to be overvalued. The current stock price of €102.00 is trading 2.6% above its estimated GF Value™ of €99.41.

Key valuation signals for FRA:MG8:

  • Receivables Turnover: 0.96
  • GF Value™: €99.41 vs. price of €102.00 (2.6% above fair value)
  • GF Score™: 90/100 with 5 warning signs
  • Industry Position: 84.6% below the Business Services median (#828 of 1066)

No single metric tells the full story. See the FRA:MG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


McGrath RentCorp Business Description

Other Exchanges MGRC:USAMG8:Germany
Address 5700 Las Positas Road, Livermore, CA, USA, 94551-7800
McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
90GF Score

Get the complete analysis for FRA:MG8

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

€102.00
Price
€99.41
GF Value