Heico (HEI) Receivables Turnover: 1.98 (As of Apr. 2026)

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HEI Heico Corp HEI
95 GF Score
Price $349.61
GF Value $368.98
Valuation Fairly Valued
! 4 Warning Signs
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What is Heico Receivables Turnover?

Heico HEI +2.66% 95 Receivables Turnover is 1.98 as of Apr. 2026. GuruFocus rates HEI with a GF Score™ of 95/100 and a GF Value™ of $368.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 347 Aerospace & Defense companies, Heico ranks better than 66.28% 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. Heico's Revenue for the three months ended in Apr. 2026 was $1,376 Mil. Heico's average Accounts Receivable for the three months ended in Apr. 2026 was $693 Mil. Hence, Heico's Receivables Turnover for the three months ended in Apr. 2026 was 1.98.


Heico  (NYSE:HEI) 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.


Heico Receivables Turnover Related Terms


Heico Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Heico'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.

Heico Receivables Turnover Chart

Heico Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.19 8.18 7.38 7.37 7.63

Heico Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.97 1.93 1.96 1.83 1.98

HEI vs AXON, RKLB, CW: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Heico'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.


Heico Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Heico's Receivables Turnover distribution charts can be found below:

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


HEI
95GF Score
Heico Corp HEI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Heico Receivables Turnover Calculation

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

Heico's Receivables Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Receivables Turnover (A: Oct. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2025 ) / ((Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Oct. 2025 )) / count )
=4485.044 / ((538.487 + 637.615) / 2 )
=4485.044 / 588.051
=7.63

Heico's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Jan. 2026 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=1375.713 / ((652.024 + 734.955) / 2 )
=1375.713 / 693.4895
=1.98

* 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 1.98 mean?
Heico (HEI) has a Receivables Turnover of 1.98 as of Apr. 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 Heico and its competitors. According to the industry distribution chart, Heico ranks #117 out of 347 companies in the Aerospace & Defense industry, placing it in the top 33.7%.
Is Heico's Receivables Turnover too high?
Heico's current Receivables Turnover is 1.98. The Aerospace & Defense industry median Receivables Turnover is 5.63. Heico's value of 1.98 is 64.8% below this industry median. Based on the distribution chart, Heico ranks #117 out of 347 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Heico has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heico's Receivables Turnover compare to AXON and RKLB?
According to the Aerospace & Defense industry distribution chart, Heico ranks #117 out of 347 companies for Receivables Turnover. This puts Heico in the upper half of its industry. The industry median Receivables Turnover is 5.63. Heico's value of 1.98 is 64.8% 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 Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.63, based on 347 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. Heico's current Receivables Turnover of 1.98 is 64.8% 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 Heico and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heico's current Receivables Turnover is 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heico stock overvalued right now?
Based on GuruFocus' analysis, Heico (HEI) is currently considered Fairly Valued. The stock's GF Value™ is $368.98, compared to a current price of $349.61 — trading 5.2% below its estimated fair value. The current Receivables Turnover is 1.98 and 64.8% below the Aerospace & Defense industry median of 5.63. Heico's overall GF Score™ is 95/100 with 4 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 Heico (HEI), the current Receivables Turnover is 1.98 as of Apr. 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 Heico (HEI) Overvalued in 2026?

Based on GuruFocus' analysis, Heico stock appears to be undervalued. The current stock price of $349.61 is trading 5.2% below its estimated GF Value™ of $368.98. GuruFocus considers Heico to be Fairly Valued.

Key valuation signals for HEI:

  • Receivables Turnover: 1.98
  • GF Value™: $368.98 vs. price of $349.61 (5.2% below fair value)
  • GF Score™: 95/100 with 4 warning signs
  • Industry Position: 64.8% below the Aerospace & Defense median (#117 of 347)

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


Heico Business Description

Address 3000 Taft Street, Hollywood, FL, USA, 33021
Heico is an aerospace and defense supplier that focuses on creating replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential.
95GF Score

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

$349.61
Price
$368.98
GF Value