Mizuno (FRA:MIZ) Receivables Turnover: 1.36 (As of Mar. 2026)

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FRA:MIZ Mizuno Corp FRA:MIZ
87 GF Score
Price €20.20
GF Value €15.90
Valuation Modestly Overvalued
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What is Mizuno Receivables Turnover?

Mizuno FRA:MIZ +1.00% 87 Receivables Turnover is 1.36 as of Mar. 2026. GuruFocus rates FRA:MIZ with a GF Score™ of 87/100 and a GF Value™ of €15.90 (Modestly Overvalued). Among 1,107 Retail - Cyclical companies, Mizuno ranks worse than 85% 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. Mizuno's Revenue for the three months ended in Mar. 2026 was €391 Mil. Mizuno's average Accounts Receivable for the three months ended in Mar. 2026 was €288 Mil. Hence, Mizuno's Receivables Turnover for the three months ended in Mar. 2026 was 1.36.


Mizuno  (FRA:MIZ) 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.


Mizuno Receivables Turnover Related Terms


Mizuno Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mizuno'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.

Mizuno Receivables Turnover Chart

Mizuno Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.76 4.78 4.44 4.85 4.53

Mizuno Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.39 1.27 1.29 1.23 1.36

FRA:MIZ vs CASY, WSM, ULTA: Receivables Turnover Comparison

For the Specialty Retail subindustry, Mizuno'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.


Mizuno Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mizuno's Receivables Turnover distribution charts can be found below:

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


FRA:MIZ
87GF Score
Mizuno Corp FRA:MIZ
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mizuno Receivables Turnover Calculation

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

Mizuno's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=1412.088 / ((314.757 + 309.09) / 2 )
=1412.088 / 311.9235
=4.53

Mizuno'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=390.846 / ((266.089 + 309.09) / 2 )
=390.846 / 287.5895
=1.36

* 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 1.36 mean?
Mizuno (FRA:MIZ) has a Receivables Turnover of 1.36 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 Mizuno and its competitors. According to the industry distribution chart, Mizuno ranks #941 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 85%.
Is Mizuno's Receivables Turnover too high?
Mizuno's current Receivables Turnover is 1.36. The Retail - Cyclical industry median Receivables Turnover is 19.50. Mizuno's value of 1.36 is 93% below this industry median. Based on the distribution chart, Mizuno ranks #941 out of 1107 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mizuno has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuno's Receivables Turnover compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mizuno ranks #941 out of 1107 companies for Receivables Turnover. This places Mizuno in the lower half of its industry. The industry median Receivables Turnover is 19.50. Mizuno's value of 1.36 is 93% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.50, based on 1,107 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. Mizuno's current Receivables Turnover of 1.36 is 93% 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 Mizuno and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mizuno's current Receivables Turnover is 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuno stock overvalued right now?
Based on GuruFocus' analysis, Mizuno (FRA:MIZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.90, compared to a current price of €20.20 — trading 27% above its estimated fair value. The current Receivables Turnover is 1.36 and 93% below the Retail - Cyclical industry median of 19.50. Mizuno's overall GF Score™ is 87/100. 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 Mizuno (FRA:MIZ), the current Receivables Turnover is 1.36 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 Mizuno (FRA:MIZ) Overvalued in 2026?

Based on GuruFocus' analysis, Mizuno stock appears to be overvalued. The current stock price of €20.20 is trading 27% above its estimated GF Value™ of €15.90. GuruFocus considers Mizuno to be Modestly Overvalued.

Key valuation signals for FRA:MIZ:

  • Receivables Turnover: 1.36
  • GF Value™: €15.90 vs. price of €20.20 (27% above fair value)
  • GF Score™: 87/100
  • Industry Position: 93% below the Retail - Cyclical median (#941 of 1107)

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


Mizuno Business Description

Other Exchanges 8022:JapanMIZ:Germany
Address 1-12-35 Nanko-Kita Suminoe-ku, Osaka-shi, JPN, 559-8510
Mizuno Corporation is a Japan-based company principally engaged in the manufacture and sale of sporting goods under the brand MIZUNO worldwide. The company's product mix consists of sports equipment, sports shoes, sportswear, and other products and services. Footwear and apparel jointly account for more than half of the company's total revenue. The company's products are produced in the company's own factories or commissioned factories. The company has business presence in Japan, the Americas, EMEA, Asia and Oceania, with Japan contributing over half of the company's total revenue.
87GF Score

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

€20.20
Price
€15.90
GF Value