GNK (Genco Shipping & Trading) Receivables Turnover: 6.62 (As of Mar. 2026)

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GNK Genco Shipping & Trading Ltd GNK
57 GF Score
Price $25.53
GF Value $17.30
Valuation Significantly Overvalued
! 14 Warning Signs
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What is Genco Shipping & Trading Receivables Turnover?

Genco Shipping & Trading GNK -4.65% 57 Receivables Turnover is 6.62 as of Mar. 2026. GuruFocus rates GNK with a GF Score™ of 57/100 and a GF Value™ of $17.30 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 1,000 Transportation companies, Genco Shipping & Trading ranks better than 87.1% 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. Genco Shipping & Trading's Revenue for the three months ended in Mar. 2026 was $114.4 Mil. Genco Shipping & Trading's average Accounts Receivable for the three months ended in Mar. 2026 was $17.3 Mil. Hence, Genco Shipping & Trading's Receivables Turnover for the three months ended in Mar. 2026 was 6.62.


Genco Shipping & Trading  (NYSE:GNK) 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.


Genco Shipping & Trading Receivables Turnover Related Terms


Genco Shipping & Trading Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Genco Shipping & Trading'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.

Genco Shipping & Trading Receivables Turnover Chart

Genco Shipping & Trading 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 33.05 23.63 17.79 21.59 19.18

Genco Shipping & Trading 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 3.60 5.01 5.70 7.79 6.62

GNK vs CCEC, SB, GSL: Receivables Turnover Comparison

For the Marine Shipping subindustry, Genco Shipping & Trading'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.


Genco Shipping & Trading Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's Receivables Turnover falls into.


GNK
57GF Score
Genco Shipping & Trading Ltd GNK
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Genco Shipping & Trading Receivables Turnover Calculation

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

Genco Shipping & Trading'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 )
=342.054 / ((21.376 + 14.284) / 2 )
=342.054 / 17.83
=19.18

Genco Shipping & Trading'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 )
=114.429 / ((14.284 + 20.273) / 2 )
=114.429 / 17.2785
=6.62

* 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 6.62 mean?
Genco Shipping & Trading (GNK) has a Receivables Turnover of 6.62 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 Genco Shipping & Trading and its competitors. According to the industry distribution chart, Genco Shipping & Trading ranks #129 out of 1000 companies in the Transportation industry, placing it in the top 12.9%.
Is Genco Shipping & Trading's Receivables Turnover too high?
Genco Shipping & Trading's current Receivables Turnover is 6.62. The Transportation industry median Receivables Turnover is 7.74. Genco Shipping & Trading's value of 6.62 is 14.4% below this industry median. Based on the distribution chart, Genco Shipping & Trading ranks #129 out of 1000 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Genco Shipping & Trading has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's Receivables Turnover compare to CCEC and SB?
According to the Transportation industry distribution chart, Genco Shipping & Trading ranks #129 out of 1000 companies for Receivables Turnover. This places Genco Shipping & Trading in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.74. Genco Shipping & Trading's value of 6.62 is 14.4% 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 a Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 1,000 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. Genco Shipping & Trading's current Receivables Turnover of 6.62 is 14.4% 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 Genco Shipping & Trading and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genco Shipping & Trading's current Receivables Turnover is 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genco Shipping & Trading stock overvalued right now?
Based on GuruFocus' analysis, Genco Shipping & Trading (GNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.30, compared to a current price of $25.53 — trading 47.5% above its estimated fair value. The current Receivables Turnover is 6.62 and 14.4% below the Transportation industry median of 7.74. Genco Shipping & Trading's overall GF Score™ is 57/100 with 14 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 Genco Shipping & Trading (GNK), the current Receivables Turnover is 6.62 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 Genco Shipping & Trading (GNK) Overvalued in 2026?

Based on GuruFocus' analysis, Genco Shipping & Trading stock appears to be overvalued. The current stock price of $25.53 is trading 47.5% above its estimated GF Value™ of $17.30. GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.

Key valuation signals for GNK:

  • Receivables Turnover: 6.62
  • GF Value™: $17.30 vs. price of $25.53 (47.5% above fair value)
  • GF Score™: 57/100 with 14 warning signs
  • Industry Position: 14.4% below the Transportation median (#129 of 1000)

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


Genco Shipping & Trading Business Description

Other Exchanges GNU1:Germany
Address 299 Park Avenue, 12th Floor, New York, NY, USA, 10171
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.
57GF Score

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

$25.53
Price
$17.30
GF Value