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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. Veeco Instruments's Revenue for the
three
months ended in Mar. 2026 was €137.0 Mil. Veeco Instruments's average Accounts Receivable for the
three
months ended in Mar. 2026 was €112.4 Mil.
Hence, Veeco Instruments's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.22.
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.
Veeco Instruments Receivables Turnover Related Terms
Veeco Instruments Receivables Turnover Historical Data
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The historical data trend for Veeco Instruments'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:VEO vs IPGP, AXTI, ACLS: Receivables Turnover Comparison
For the Semiconductor Equipment & Materials subindustry, Veeco Instruments'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.
Veeco Instruments Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Veeco Instruments's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Veeco Instruments'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.
Veeco Instruments (FRA:VEO) has a Receivables Turnover of 1.22 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 Veeco Instruments and its competitors. According to the industry distribution chart, Veeco Instruments ranks #564 out of 1018 companies in the Semiconductors industry, placing it in the top 55.4%.
Is Veeco Instruments' Receivables Turnover too high?
Veeco Instruments' current Receivables Turnover is 1.22. The Semiconductors industry median Receivables Turnover is 5.82. Veeco Instruments' value of 1.22 is 79% below this industry median. Based on the distribution chart, Veeco Instruments ranks #564 out of 1018 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Veeco Instruments has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Veeco Instruments' Receivables Turnover compare to IPGP and AXTI?
According to the Semiconductors industry distribution chart, Veeco Instruments ranks #564 out of 1018 companies for Receivables Turnover. This places Veeco Instruments in the lower half of its industry. The industry median Receivables Turnover is 5.82. Veeco Instruments' value of 1.22 is 79% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. Veeco Instruments's current Receivables Turnover of 1.22 is 79% 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 Veeco Instruments and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veeco Instruments's current Receivables Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veeco Instruments stock overvalued right now?
Based on GuruFocus' analysis, Veeco Instruments (FRA:VEO) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.35, compared to a current price of €47.36 — trading 79.7% above its estimated fair value. The current Receivables Turnover is 1.22 and 79% below the Semiconductors industry median of 5.82. Veeco Instruments' overall GF Score™ is 56/100 with 5 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 Veeco Instruments (FRA:VEO), the current Receivables Turnover is 1.22 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 Veeco Instruments (FRA:VEO) Overvalued in 2026?
Based on GuruFocus' analysis, Veeco Instruments stock appears to be overvalued.
The current stock price of €47.36 is trading 79.7% above its estimated GF Value™ of €26.35.
GuruFocus considers Veeco Instruments to be Significantly Overvalued.
Key valuation signals for FRA:VEO:
Receivables Turnover: 1.22
GF Value™: €26.35 vs. price of €47.36 (79.7% above fair value)
Industry Position: 79% below the Semiconductors median (#564 of 1018)
No single metric tells the full story. See the FRA:VEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Veeco Instruments Inc is a United States-based company engaged in designing, developing, and manufacturing thin-film process equipment, mainly used for producing electronic devices. The company focuses on semiconductor process equipment that addresses a range of challenging materials engineering problems for its customers. Its products include Laser Processing Systems, Lithography Systems, Ion Beam Systems, SiC CVD Systems, MOCVD Systems, Wet Processing Systems, MBE Technologies, Atomic Layer Deposition Systems, Physical Vapor Deposition Systems, Dicing and Lapping Systems, as well as Gas & Vapor Delivery Systems. The maximum of the company's revenue is generated from sales to the Semiconductor Industry and within China.
56GF Score
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