Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
MarshFRA:MSN +2.36%78 Receivables Turnover is 1.03 as of Mar. 2026. GuruFocus rates FRA:MSN with a GF Score™ of 78/100 and a GF Value™ of €217.54 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 63 Insurance companies, Marsh ranks worse than 73.02% 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. Marsh's Revenue for the
three
months ended in Mar. 2026 was €6,571 Mil. Marsh's average Accounts Receivable for the
three
months ended in Mar. 2026 was €6,359 Mil.
Hence, Marsh's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.03.
Marsh (FRA:MSN) 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.
Marsh Receivables Turnover Related Terms
Marsh Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Marsh'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:MSN vs AON, AJG, WTW: Receivables Turnover Comparison
For the Insurance Brokers subindustry, Marsh'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.
Marsh Receivables Turnover vs Insurance Industry
For the Insurance industry and Financial Services sector, Marsh's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Marsh'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.
Marsh (FRA:MSN) has a Receivables Turnover of 1.03 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 Marsh and its competitors. According to the industry distribution chart, Marsh ranks #46 out of 63 companies in the Insurance industry, placing it in the top 73%.
Is Marsh's Receivables Turnover too high?
Marsh's current Receivables Turnover is 1.03. The Insurance industry median Receivables Turnover is 6.60. Marsh's value of 1.03 is 84.4% below this industry median. Based on the distribution chart, Marsh ranks #46 out of 63 companies in the Insurance industry, which is below the industry midpoint. Overall, Marsh has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marsh's Receivables Turnover compare to AON and AJG?
According to the Insurance industry distribution chart, Marsh ranks #46 out of 63 companies for Receivables Turnover. This places Marsh in the lower half of its industry. The industry median Receivables Turnover is 6.60. Marsh's value of 1.03 is 84.4% 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 Insurance company?
The median Receivables Turnover among Insurance companies is 6.60, based on 63 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. Marsh's current Receivables Turnover of 1.03 is 84.4% 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 Marsh and its competitors. For the Insurance industry, the median Receivables Turnover is 6.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marsh's current Receivables Turnover is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marsh stock overvalued right now?
Based on GuruFocus' analysis, Marsh (FRA:MSN) is currently considered Modestly Undervalued. The stock's GF Value™ is €217.54, compared to a current price of €158.35 — trading 27.2% below its estimated fair value. The current Receivables Turnover is 1.03 and 84.4% below the Insurance industry median of 6.60. Marsh's overall GF Score™ is 78/100 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 Marsh (FRA:MSN), the current Receivables Turnover is 1.03 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 Marsh (FRA:MSN) Overvalued in 2026?
Based on GuruFocus' analysis, Marsh stock appears to be undervalued.
The current stock price of €158.35 is trading 27.2% below its estimated GF Value™ of €217.54.
GuruFocus considers Marsh to be Modestly Undervalued.
Key valuation signals for FRA:MSN:
Receivables Turnover: 1.03
GF Value™: €217.54 vs. price of €158.35 (27.2% below fair value)
Industry Position: 84.4% below the Insurance median (#46 of 63)
No single metric tells the full story. See the FRA:MSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marsh is a professional services firm that provides advice and solutions in the areas of risk, strategy, and human capital. The company operates through two main segments: risk and insurance services and consulting. In risk and insurance services, the firm offers services via Marsh (an insurance broker) and Guy Carpenter (a risk and reinsurance specialist). The consulting division comprises Mercer (a provider of human resource services) and Oliver Wyman (a management and economic consultancy). About half of its revenue is generated outside the US.
78GF Score
Get the complete analysis for FRA:MSN
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MSN has been successfully added to your 
