Mister Spex SE (FRA:MRX) Receivables Turnover: 47.69 (As of Mar. 2026)

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FRA:MRX Mister Spex SE FRA:MRX
51 GF Score
Price €1.13
GF Value €3.70
Valuation Possible Value Trap
! 3 Warning Signs
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What is Mister Spex SE Receivables Turnover?

Mister Spex SE FRA:MRX +0.45% 51 Receivables Turnover is 47.69 as of Mar. 2026. GuruFocus rates FRA:MRX with a GF Score™ of 51/100 and a GF Value™ of €3.70 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,107 Retail - Cyclical companies, Mister Spex SE ranks better than 95.57% 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. Mister Spex SE's Revenue for the three months ended in Mar. 2026 was €40.7 Mil. Mister Spex SE's average Accounts Receivable for the three months ended in Mar. 2026 was €0.9 Mil. Hence, Mister Spex SE's Receivables Turnover for the three months ended in Mar. 2026 was 47.69.


Mister Spex SE  (FRA:MRX) 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.


Mister Spex SE Receivables Turnover Related Terms


Mister Spex SE Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mister Spex SE'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.

Mister Spex SE Receivables Turnover Chart

Mister Spex SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 63.70 69.31 90.22 127.46 159.38

Mister Spex SE 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 64.74 179.27 106.51 45.92 47.69

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

For the Specialty Retail subindustry, Mister Spex SE'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.


Mister Spex SE Receivables Turnover vs Retail - Cyclical Industry

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

* The bar in red indicates where Mister Spex SE's Receivables Turnover falls into.


FRA:MRX
51GF Score
Mister Spex SE FRA:MRX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mister Spex SE Receivables Turnover Calculation

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

Mister Spex SE'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 )
=181.458 / ((1.188 + 1.089) / 2 )
=181.458 / 1.1385
=159.38

Mister Spex SE'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 )
=40.748 / ((1.089 + 0.62) / 2 )
=40.748 / 0.8545
=47.69

* 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 47.69 mean?
Mister Spex SE (FRA:MRX) has a Receivables Turnover of 47.69 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 Mister Spex SE and its competitors. According to the industry distribution chart, Mister Spex SE ranks #49 out of 1107 companies in the Retail - Cyclical industry, placing it in the top 4.4%.
Is Mister Spex SE's Receivables Turnover too high?
Mister Spex SE's current Receivables Turnover is 47.69. The Retail - Cyclical industry median Receivables Turnover is 19.50. Mister Spex SE's value of 47.69 is 144.6% above this industry median. Based on the distribution chart, Mister Spex SE ranks #49 out of 1107 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Mister Spex SE has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mister Spex SE's Receivables Turnover compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Mister Spex SE ranks #49 out of 1107 companies for Receivables Turnover. This places Mister Spex SE in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 19.50. Mister Spex SE's value of 47.69 is 144.6% above 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. Mister Spex SE's current Receivables Turnover of 47.69 is 144.6% above 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 Mister Spex SE 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. Mister Spex SE's current Receivables Turnover is 47.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mister Spex SE stock overvalued right now?
Based on GuruFocus' analysis, Mister Spex SE (FRA:MRX) is currently considered Possible Value Trap. The stock's GF Value™ is €3.70, compared to a current price of €1.13 — trading 69.6% below its estimated fair value. The current Receivables Turnover is 47.69 and 144.6% above the Retail - Cyclical industry median of 19.50. Mister Spex SE's overall GF Score™ is 51/100 with 3 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 Mister Spex SE (FRA:MRX), the current Receivables Turnover is 47.69 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 Mister Spex SE (FRA:MRX) Overvalued in 2026?

Based on GuruFocus' analysis, Mister Spex SE stock appears to be undervalued. The current stock price of €1.13 is trading 69.6% below its estimated GF Value™ of €3.70. GuruFocus considers Mister Spex SE to be Possible Value Trap.

Key valuation signals for FRA:MRX:

  • Receivables Turnover: 47.69
  • GF Value™: €3.70 vs. price of €1.13 (69.6% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 144.6% above the Retail - Cyclical median (#49 of 1107)

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


Mister Spex SE Business Description

Other Exchanges 0A9V:UKMRX:Germany
Address Hermann-Blankenstein-Strasse 24, Berlin, DEU, 10249
Mister Spex SE is a retail brand in the eyewear market in Europe engaged in the business of online opticians. The company offers products and additional services such as eye examinations for glasses and new adaptations, and annual checks of contact lenses. It has a regional segment, which is German and international, and the majority of the revenue comes from Germany. The products of the company are Sunglasses, Prescription Sunglasses, and Contact Lenses.
51GF Score

Get the complete analysis for FRA:MRX

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

€1.13
Price
€3.70
GF Value