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. Vecima Networks's Revenue for the
three
months ended in Mar. 2026 was €40.9 Mil. Vecima Networks's average Accounts Receivable for the
three
months ended in Mar. 2026 was €15.7 Mil.
Hence, Vecima Networks's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.60.
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.
Vecima Networks Receivables Turnover Related Terms
Vecima Networks Receivables Turnover Historical Data
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The historical data trend for Vecima Networks'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:VCM vs CSCO, CIEN, MSI: Receivables Turnover Comparison
For the Communication Equipment subindustry, Vecima Networks'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.
Vecima Networks Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Vecima Networks's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vecima Networks'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.
Vecima Networks (FRA:VCM) has a Receivables Turnover of 2.60 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 Vecima Networks and its competitors. According to the industry distribution chart, Vecima Networks ranks #199 out of 2472 companies in the Hardware industry, placing it in the top 8.1%.
Is Vecima Networks' Receivables Turnover too high?
Vecima Networks' current Receivables Turnover is 2.60. The Hardware industry median Receivables Turnover is 4.90. Vecima Networks' value of 2.60 is 46.9% below this industry median. Based on the distribution chart, Vecima Networks ranks #199 out of 2472 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Vecima Networks has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Vecima Networks' Receivables Turnover compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Vecima Networks ranks #199 out of 2472 companies for Receivables Turnover. This places Vecima Networks in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.90. Vecima Networks' value of 2.60 is 46.9% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. Vecima Networks's current Receivables Turnover of 2.60 is 46.9% 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 Vecima Networks and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vecima Networks's current Receivables Turnover is 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vecima Networks stock overvalued right now?
Vecima Networks (FRA:VCM) has a current Receivables Turnover of 2.60. The stock's GF Value™ is €9.50, compared to a current price of €7.70 — trading 18.9% below its estimated fair value. The current Receivables Turnover is 2.60 and 46.9% below the Hardware industry median of 4.90. Vecima Networks' overall GF Score™ is 79/100 with 9 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 Vecima Networks (FRA:VCM), the current Receivables Turnover is 2.60 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 Vecima Networks (FRA:VCM) Overvalued in 2026?
Based on GuruFocus' analysis, Vecima Networks stock appears to be undervalued.
The current stock price of €7.70 is trading 18.9% below its estimated GF Value™ of €9.50.
Key valuation signals for FRA:VCM:
Receivables Turnover: 2.60
GF Value™: €9.50 vs. price of €7.70 (18.9% below fair value)
Industry Position: 46.9% below the Hardware median (#199 of 2472)
No single metric tells the full story. See the FRA:VCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vecima Networks Inc is a Canadian company that develops integrated hardware and software solutions for broadband access, content delivery, and telematics. It operates through three business segments: Video and Broadband Solutions, Content Delivery and Storage, and Telematics. The majority revenue generation segment, Video and Broadband Solutions segment, provides platforms that support broadband and video services over cable and fiber networks. The Content Delivery and Storage segment offers software and solutions for storing, transforming, and delivering video content. The Telematics segment provides fleet management and asset tracking solutions for mobile and fixed assets. The company has operations with offices and manufacturing facilities in several countries.
79GF Score
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