GTES (Gates Industrial) Receivables Turnover: 1.11 (As of Jun. 2026)

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GTES Gates Industrial Corp Ltd GTES
81 GF Score
Price $28.25
GF Value $21.92
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Gates Industrial Receivables Turnover?

Gates Industrial GTES -1.19% 81 Receivables Turnover is 1.11 as of Jun. 2026. GuruFocus rates GTES with a GF Score™ of 81/100 and a GF Value™ of $21.92 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 3,034 Industrial Products companies, Gates Industrial ranks worse than 53.23% 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. Gates Industrial's Revenue for the three months ended in Jun. 2026 was $942 Mil. Gates Industrial's average Accounts Receivable for the three months ended in Jun. 2026 was $850 Mil. Hence, Gates Industrial's Receivables Turnover for the three months ended in Jun. 2026 was 1.11.


Gates Industrial  (NYSE:GTES) 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.


Gates Industrial Receivables Turnover Related Terms


Gates Industrial Receivables Turnover Historical Data

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The historical data trend for Gates Industrial'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.

Gates Industrial Receivables Turnover Chart

Gates Industrial 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 4.95 4.69 4.53 4.57 4.69

Gates Industrial Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.10 1.03 1.09 1.10 1.11

GTES vs NPO, JBTM, MIDD: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Gates Industrial'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.


Gates Industrial Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gates Industrial's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Gates Industrial's Receivables Turnover falls into.


GTES
81GF Score
Gates Industrial Corp Ltd GTES
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Gates Industrial Receivables Turnover Calculation

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

Gates Industrial'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 )
=3443.2 / ((722.7 + 744.2) / 2 )
=3443.2 / 733.45
=4.69

Gates Industrial's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=941.6 / ((799.6 + 900.3) / 2 )
=941.6 / 849.95
=1.11

* 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 1.11 mean?
Gates Industrial (GTES) has a Receivables Turnover of 1.11 as of Jun. 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 Gates Industrial and its competitors. According to the industry distribution chart, Gates Industrial ranks #1615 out of 3034 companies in the Industrial Products industry, placing it in the top 53.2%.
Is Gates Industrial's Receivables Turnover too high?
Gates Industrial's current Receivables Turnover is 1.11. The Industrial Products industry median Receivables Turnover is 4.45. Gates Industrial's value of 1.11 is 75.1% below this industry median. Based on the distribution chart, Gates Industrial ranks #1615 out of 3034 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Gates Industrial has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gates Industrial's Receivables Turnover compare to NPO and JBTM?
According to the Industrial Products industry distribution chart, Gates Industrial ranks #1615 out of 3034 companies for Receivables Turnover. This places Gates Industrial in the lower half of its industry. The industry median Receivables Turnover is 4.45. Gates Industrial's value of 1.11 is 75.1% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,034 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. Gates Industrial's current Receivables Turnover of 1.11 is 75.1% 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 Gates Industrial and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gates Industrial's current Receivables Turnover is 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gates Industrial stock overvalued right now?
Based on GuruFocus' analysis, Gates Industrial (GTES) is currently considered Modestly Overvalued. The stock's GF Value™ is $21.92, compared to a current price of $28.25 — trading 28.9% above its estimated fair value. The current Receivables Turnover is 1.11 and 75.1% below the Industrial Products industry median of 4.45. Gates Industrial's overall GF Score™ is 81/100 with 7 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 Gates Industrial (GTES), the current Receivables Turnover is 1.11 as of Jun. 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 Gates Industrial (GTES) Overvalued in 2026?

Based on GuruFocus' analysis, Gates Industrial stock appears to be overvalued. The current stock price of $28.25 is trading 28.9% above its estimated GF Value™ of $21.92. GuruFocus considers Gates Industrial to be Modestly Overvalued.

Key valuation signals for GTES:

  • Receivables Turnover: 1.11
  • GF Value™: $21.92 vs. price of $28.25 (28.9% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 75.1% below the Industrial Products median (#1615 of 3034)

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


Gates Industrial Business Description

Other Exchanges 1JL:Germany
Address 1144 Fifteenth Street, Denver, CO, USA, 80202
Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. It is used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment. Company operates in USA, United Kingdom, Luxembourg, EMEA, with majority revenue from USA.
81GF Score

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

$28.25
Price
$21.92
GF Value