FTCI (FTC Solar) Receivables Turnover: 0.72 (As of Mar. 2026)


FTCI FTC Solar Inc FTCI
62 GF Score
Price $5.37
GF Value $5.53
Valuation Fairly Valued
! 6 Warning Signs
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What is FTC Solar Receivables Turnover?

FTC Solar FTCI +3.67% 62 Receivables Turnover is 0.72 as of Mar. 2026. GuruFocus rates FTCI with a GF Score™ of 62/100 and a GF Value™ of $5.53 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,017 Semiconductors companies, FTC Solar ranks worse than 73.65% 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. FTC Solar's Revenue for the three months ended in Mar. 2026 was $17.27 Mil. FTC Solar's average Accounts Receivable for the three months ended in Mar. 2026 was $23.93 Mil. Hence, FTC Solar's Receivables Turnover for the three months ended in Mar. 2026 was 0.72.


FTC Solar  (NAS:FTCI) 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.


FTC Solar Receivables Turnover Related Terms


FTC Solar Receivables Turnover Historical Data

* Premium members only.

The historical data trend for FTC Solar'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.

FTC Solar Receivables Turnover Chart

FTC Solar Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 8.69 3.33 3.12 1.38 4.42

FTC Solar 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 0.90 0.85 1.21 1.55 0.72

FTCI vs SPWR, PN, SPRU: Receivables Turnover Comparison

For the Solar subindustry, FTC Solar'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.


FTC Solar Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where FTC Solar's Receivables Turnover falls into.


FTCI
62GF Score
FTC Solar Inc FTCI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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FTC Solar Receivables Turnover Calculation

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

FTC Solar'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 )
=99.687 / ((22.369 + 22.722) / 2 )
=99.687 / 22.5455
=4.42

FTC Solar'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 )
=17.265 / ((22.722 + 25.135) / 2 )
=17.265 / 23.9285
=0.72

* 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 0.72 mean?
FTC Solar (FTCI) has a Receivables Turnover of 0.72 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 FTC Solar and its competitors. According to the industry distribution chart, FTC Solar ranks #749 out of 1017 companies in the Semiconductors industry, placing it in the top 73.6%.
Is FTC Solar's Receivables Turnover too high?
FTC Solar's current Receivables Turnover is 0.72. The Semiconductors industry median Receivables Turnover is 5.82. FTC Solar's value of 0.72 is 87.6% below this industry median. Based on the distribution chart, FTC Solar ranks #749 out of 1017 companies in the Semiconductors industry, which is below the industry midpoint. Overall, FTC Solar has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Receivables Turnover compare to SPWR and PN?
According to the Semiconductors industry distribution chart, FTC Solar ranks #749 out of 1017 companies for Receivables Turnover. This places FTC Solar in the lower half of its industry. The industry median Receivables Turnover is 5.82. FTC Solar's value of 0.72 is 87.6% 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 1,017 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. FTC Solar's current Receivables Turnover of 0.72 is 87.6% 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 FTC Solar 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. FTC Solar's current Receivables Turnover is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Fairly Valued. The stock's GF Value™ is $5.53, compared to a current price of $5.37 — trading 2.9% below its estimated fair value. The current Receivables Turnover is 0.72 and 87.6% below the Semiconductors industry median of 5.82. FTC Solar's overall GF Score™ is 62/100 with 6 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 FTC Solar (FTCI), the current Receivables Turnover is 0.72 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 FTC Solar (FTCI) Overvalued in 2026?

Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued. The current stock price of $5.37 is trading 2.9% below its estimated GF Value™ of $5.53. GuruFocus considers FTC Solar to be Fairly Valued.

Key valuation signals for FTCI:

  • Receivables Turnover: 0.72
  • GF Value™: $5.53 vs. price of $5.37 (2.9% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 87.6% below the Semiconductors median (#749 of 1017)

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


FTC Solar Business Description

Other Exchanges 6YK0:Germany
Address 10900 Stonelake Boulevard, Suite 100, Quarry Oaks II Building, Austin, TX, USA, 78759
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
62GF Score

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

$5.37
Price
$5.53
GF Value