Maxim Power (FRA:MP9) Receivables Turnover: 1.97 (As of Mar. 2026)


FRA:MP9 Maxim Power Corp FRA:MP9
50 GF Score
Price €2.60
GF Value €2.40
Valuation Fairly Valued
! 4 Warning Signs
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What is Maxim Power Receivables Turnover?

Maxim Power FRA:MP9 +2.36% 50 Receivables Turnover is 1.97 as of Mar. 2026. GuruFocus rates FRA:MP9 with a GF Score™ of 50/100 and a GF Value™ of €2.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 410 Utilities - Independent Power Producers companies, Maxim Power ranks better than 70.73% 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. Maxim Power's Revenue for the three months ended in Mar. 2026 was €9.85 Mil. Maxim Power's average Accounts Receivable for the three months ended in Mar. 2026 was €5.00 Mil. Hence, Maxim Power's Receivables Turnover for the three months ended in Mar. 2026 was 1.97.


Maxim Power  (FRA:MP9) 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.


Maxim Power Receivables Turnover Related Terms


Maxim Power Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maxim Power'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.

Maxim Power Receivables Turnover Chart

Maxim Power 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 12.84 7.50 1.46 6.09 14.12

Maxim Power 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 2.83 1.96 2.17 1.77 1.97

FRA:MP9 vs CEG, VST, NRG: Receivables Turnover Comparison

For the Utilities - Independent Power Producers subindustry, Maxim Power'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.


Maxim Power Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Maxim Power's Receivables Turnover distribution charts can be found below:

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


FRA:MP9
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Maxim Power Corp FRA:MP9
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maxim Power Receivables Turnover Calculation

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

Maxim Power'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 )
=53.78 / ((2.939 + 4.676) / 2 )
=53.78 / 3.8075
=14.12

Maxim Power'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 )
=9.847 / ((4.676 + 5.317) / 2 )
=9.847 / 4.9965
=1.97

* 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 1.97 mean?
Maxim Power (FRA:MP9) has a Receivables Turnover of 1.97 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 Maxim Power and its competitors. According to the industry distribution chart, Maxim Power ranks #120 out of 410 companies in the Utilities - Independent Power Producers industry, placing it in the top 29.3%.
Is Maxim Power's Receivables Turnover too high?
Maxim Power's current Receivables Turnover is 1.97. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.73. Maxim Power's value of 1.97 is 65.6% below this industry median. Based on the distribution chart, Maxim Power ranks #120 out of 410 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Maxim Power has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maxim Power's Receivables Turnover compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Maxim Power ranks #120 out of 410 companies for Receivables Turnover. This puts Maxim Power in the upper half of its industry. The industry median Receivables Turnover is 5.73. Maxim Power's value of 1.97 is 65.6% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.73, based on 410 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. Maxim Power's current Receivables Turnover of 1.97 is 65.6% 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 Maxim Power and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maxim Power's current Receivables Turnover is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maxim Power stock overvalued right now?
Based on GuruFocus' analysis, Maxim Power (FRA:MP9) is currently considered Fairly Valued. The stock's GF Value™ is €2.40, compared to a current price of €2.60 — trading 8.3% above its estimated fair value. The current Receivables Turnover is 1.97 and 65.6% below the Utilities - Independent Power Producers industry median of 5.73. Maxim Power's overall GF Score™ is 50/100 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 Maxim Power (FRA:MP9), the current Receivables Turnover is 1.97 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 Maxim Power (FRA:MP9) Overvalued in 2026?

Based on GuruFocus' analysis, Maxim Power stock appears to be overvalued. The current stock price of €2.60 is trading 8.3% above its estimated GF Value™ of €2.40. GuruFocus considers Maxim Power to be Fairly Valued.

Key valuation signals for FRA:MP9:

  • Receivables Turnover: 1.97
  • GF Value™: €2.40 vs. price of €2.60 (8.3% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 65.6% below the Utilities - Independent Power Producers median (#120 of 410)

No single metric tells the full story. See the FRA:MP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maxim Power Business Description

Other Exchanges MXGFF:USAMXG:Canada
Address 715 - 5 Avenue SW, Suite 1800, Calgary, AB, CAN, T2P 2X6
Maxim Power Corp is an independent power producer. The company is engaged in the development, ownership, and operation of power generation facilities and the resultant sale of generating capacity and electricity. It is focused entirely on power projects in Alberta. The company's core asset is the 300 MW H.R. Milner Plant (M2) in Grande Cache, AB is a combined cycle gas-fired power plant that was commissioned in Q4, 2023. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.60
Price
€2.40
GF Value