SAP SE (FRA:SAP) Receivables Turnover: 1.33 (As of Mar. 2026)

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FRA:SAP SAP SE FRA:SAP
76 GF Score
Price €137.68
GF Value €220.47
Valuation Significantly Undervalued
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What is SAP SE Receivables Turnover?

SAP SE FRA:SAP -0.55% 76 Receivables Turnover is 1.33 as of Mar. 2026. GuruFocus rates FRA:SAP with a GF Score™ of 76/100 and a GF Value™ of €220.47 (Significantly Undervalued). Among 2,773 Software companies, SAP SE ranks worse than 52.58% 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. SAP SE's Revenue for the three months ended in Mar. 2026 was €9,555 Mil. SAP SE's average Accounts Receivable for the three months ended in Mar. 2026 was €7,183 Mil. Hence, SAP SE's Receivables Turnover for the three months ended in Mar. 2026 was 1.33.


SAP SE  (FRA:SAP) 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.


SAP SE Receivables Turnover Related Terms


SAP SE Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SAP 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.

SAP SE Receivables Turnover Chart

SAP SE 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 4.46 5.06 5.35 5.64 6.12

SAP 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 1.27 1.31 1.57 1.67 1.33

FRA:SAP vs UBER, SHOP, CRM: Receivables Turnover Comparison

For the Software - Application subindustry, SAP 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.


SAP SE Receivables Turnover vs Software Industry

For the Software industry and Technology sector, SAP SE's Receivables Turnover distribution charts can be found below:

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


FRA:SAP
76GF Score
SAP SE FRA:SAP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SAP SE Receivables Turnover Calculation

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

SAP 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 )
=36800 / ((6231 + 5790) / 2 )
=36800 / 6010.5
=6.12

SAP 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 )
=9555 / ((5790 + 8575) / 2 )
=9555 / 7182.5
=1.33

* 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 1.33 mean?
SAP SE (FRA:SAP) has a Receivables Turnover of 1.33 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 SAP SE and its competitors. According to the industry distribution chart, SAP SE ranks #1458 out of 2773 companies in the Software industry, placing it in the top 52.6%.
Is SAP SE's Receivables Turnover too high?
SAP SE's current Receivables Turnover is 1.33. The Software industry median Receivables Turnover is 5.72. SAP SE's value of 1.33 is 76.7% below this industry median. Based on the distribution chart, SAP SE ranks #1458 out of 2773 companies in the Software industry, which is below the industry midpoint. Overall, SAP SE has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SAP SE's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, SAP SE ranks #1458 out of 2773 companies for Receivables Turnover. This places SAP SE in the lower half of its industry. The industry median Receivables Turnover is 5.72. SAP SE's value of 1.33 is 76.7% 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 Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,773 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. SAP SE's current Receivables Turnover of 1.33 is 76.7% 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 SAP SE and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SAP SE's current Receivables Turnover is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SAP SE stock overvalued right now?
Based on GuruFocus' analysis, SAP SE (FRA:SAP) is currently considered Significantly Undervalued. The stock's GF Value™ is €220.47, compared to a current price of €137.68 — trading 37.6% below its estimated fair value. The current Receivables Turnover is 1.33 and 76.7% below the Software industry median of 5.72. SAP SE's overall GF Score™ is 76/100. 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 SAP SE (FRA:SAP), the current Receivables Turnover is 1.33 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 SAP SE (FRA:SAP) Overvalued in 2026?

Based on GuruFocus' analysis, SAP SE stock appears to be undervalued. The current stock price of €137.68 is trading 37.6% below its estimated GF Value™ of €220.47. GuruFocus considers SAP SE to be Significantly Undervalued.

Key valuation signals for FRA:SAP:

  • Receivables Turnover: 1.33
  • GF Value™: €220.47 vs. price of €137.68 (37.6% below fair value)
  • GF Score™: 76/100
  • Industry Position: 76.7% below the Software median (#1458 of 2773)

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


SAP SE Business Description

Address Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in Germany in 1972 by former IBM employees, SAP is the world's largest provider of enterprise application software. Known as the leader in enterprise resource planning software, SAP's portfolio also includes software for supply chain management, procurement, travel and expense management, and customer relationship management, among others. The company operates in more than 180 countries and has more than 400,000 customers, approximately 80% of which are small to medium-size enterprises.
76GF Score

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

€137.68
Price
€220.47
GF Value