Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Zalando SEHAM:ZAL +1.34%85 Receivables Turnover is 3.37 as of Mar. 2026. GuruFocus rates HAM:ZAL with a GF Score™ of 85/100 and a GF Value™ of €33.09 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,104 Retail - Cyclical companies, Zalando SE ranks worse than 59.96% 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. Zalando SE's Revenue for the
three
months ended in Mar. 2026 was €2,996 Mil. Zalando SE's average Accounts Receivable for the
three
months ended in Mar. 2026 was €889 Mil.
Hence, Zalando SE's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.37.
Zalando SE (HAM:ZAL) 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.
Zalando SE Receivables Turnover Related Terms
Zalando SE Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Zalando SE'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.
HAM:ZAL vs AMZN, BABA, PDD: Receivables Turnover Comparison
For the Internet Retail subindustry, Zalando SE'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.
Zalando SE Receivables Turnover vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Zalando SE's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Zalando SE'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.
Zalando SE (HAM:ZAL) has a Receivables Turnover of 3.37 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 Zalando SE and its competitors. According to the industry distribution chart, Zalando SE ranks #662 out of 1104 companies in the Retail - Cyclical industry, placing it in the top 60%.
Is Zalando SE's Receivables Turnover too high?
Zalando SE's current Receivables Turnover is 3.37. The Retail - Cyclical industry median Receivables Turnover is 19.44. Zalando SE's value of 3.37 is 82.7% below this industry median. Based on the distribution chart, Zalando SE ranks #662 out of 1104 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Zalando SE has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zalando SE's Receivables Turnover compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Zalando SE ranks #662 out of 1104 companies for Receivables Turnover. This places Zalando SE in the lower half of its industry. The industry median Receivables Turnover is 19.44. Zalando SE's value of 3.37 is 82.7% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.44, based on 1,104 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. Zalando SE's current Receivables Turnover of 3.37 is 82.7% 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 Zalando SE and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalando SE's current Receivables Turnover is 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalando SE stock overvalued right now?
Based on GuruFocus' analysis, Zalando SE (HAM:ZAL) is currently considered Modestly Undervalued. The stock's GF Value™ is €33.09, compared to a current price of €28.07 — trading 15.2% below its estimated fair value. The current Receivables Turnover is 3.37 and 82.7% below the Retail - Cyclical industry median of 19.44. Zalando SE's overall GF Score™ is 85/100 with 8 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 Zalando SE (HAM:ZAL), the current Receivables Turnover is 3.37 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 Zalando SE (HAM:ZAL) Overvalued in 2026?
Based on GuruFocus' analysis, Zalando SE stock appears to be undervalued.
The current stock price of €28.07 is trading 15.2% below its estimated GF Value™ of €33.09.
GuruFocus considers Zalando SE to be Modestly Undervalued.
Key valuation signals for HAM:ZAL:
Receivables Turnover: 3.37
GF Value™: €33.09 vs. price of €28.07 (15.2% below fair value)
Industry Position: 82.7% below the Retail - Cyclical median (#662 of 1104)
No single metric tells the full story. See the HAM:ZAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland. After the About You acquisition, it has 17 fulfillment centers, offers over 7,000 brands, and as of September 2025, had 62 million active users (more than 10% of the population in countries where the firm has a presence).
85GF Score
Get the complete analysis for HAM:ZAL
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HAM:ZAL has been successfully added to your 
