IMCR (Immunocore Holdings) Receivables Turnover: 1.38 (As of Mar. 2026)

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IMCR Immunocore Holdings PLC IMCR
76 GF Score
Price $35.02
GF Value $46.28
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Immunocore Holdings Receivables Turnover?

Immunocore Holdings IMCR -1.44% 76 Receivables Turnover is 1.38 as of Mar. 2026. GuruFocus rates IMCR with a GF Score™ of 76/100 and a GF Value™ of $46.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 841 Biotechnology companies, Immunocore Holdings ranks better than 53.75% 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. Immunocore Holdings's Revenue for the three months ended in Mar. 2026 was $106.7 Mil. Immunocore Holdings's average Accounts Receivable for the three months ended in Mar. 2026 was $77.5 Mil. Hence, Immunocore Holdings's Receivables Turnover for the three months ended in Mar. 2026 was 1.38.


Immunocore Holdings  (NAS:IMCR) 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.


Immunocore Holdings Receivables Turnover Related Terms


Immunocore Holdings Receivables Turnover Historical Data

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The historical data trend for Immunocore Holdings'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.

Immunocore Holdings Receivables Turnover Chart

Immunocore Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 6.66 8.35 5.82 5.39 5.84

Immunocore Holdings 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 1.49 1.47 1.42 1.39 1.38

IMCR vs MAZE, DMRA, AVBP: Receivables Turnover Comparison

For the Biotechnology subindustry, Immunocore Holdings'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.


Immunocore Holdings Receivables Turnover vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Immunocore Holdings's Receivables Turnover distribution charts can be found below:

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


IMCR
76GF Score
Immunocore Holdings PLC IMCR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Immunocore Holdings Receivables Turnover Calculation

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

Immunocore Holdings'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 )
=400.016 / ((63.009 + 73.977) / 2 )
=400.016 / 68.493
=5.84

Immunocore Holdings'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 )
=106.677 / ((73.977 + 81.068) / 2 )
=106.677 / 77.5225
=1.38

* 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 1.38 mean?
Immunocore Holdings (IMCR) has a Receivables Turnover of 1.38 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 Immunocore Holdings and its competitors. According to the industry distribution chart, Immunocore Holdings ranks #389 out of 841 companies in the Biotechnology industry, placing it in the top 46.3%.
Is Immunocore Holdings' Receivables Turnover too high?
Immunocore Holdings' current Receivables Turnover is 1.38. The Biotechnology industry median Receivables Turnover is 5.27. Immunocore Holdings' value of 1.38 is 73.8% below this industry median. Based on the distribution chart, Immunocore Holdings ranks #389 out of 841 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Immunocore Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Immunocore Holdings' Receivables Turnover compare to MAZE and DMRA?
According to the Biotechnology industry distribution chart, Immunocore Holdings ranks #389 out of 841 companies for Receivables Turnover. This puts Immunocore Holdings in the upper half of its industry. The industry median Receivables Turnover is 5.27. Immunocore Holdings' value of 1.38 is 73.8% 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 a Biotechnology company?
The median Receivables Turnover among Biotechnology companies is 5.27, based on 841 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. Immunocore Holdings's current Receivables Turnover of 1.38 is 73.8% 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 Immunocore Holdings and its competitors. For the Biotechnology industry, the median Receivables Turnover is 5.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Immunocore Holdings's current Receivables Turnover is 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Immunocore Holdings stock overvalued right now?
Based on GuruFocus' analysis, Immunocore Holdings (IMCR) is currently considered Modestly Undervalued. The stock's GF Value™ is $46.28, compared to a current price of $35.02 — trading 24.3% below its estimated fair value. The current Receivables Turnover is 1.38 and 73.8% below the Biotechnology industry median of 5.27. Immunocore Holdings' overall GF Score™ is 76/100 with 3 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 Immunocore Holdings (IMCR), the current Receivables Turnover is 1.38 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 Immunocore Holdings (IMCR) Overvalued in 2026?

Based on GuruFocus' analysis, Immunocore Holdings stock appears to be undervalued. The current stock price of $35.02 is trading 24.3% below its estimated GF Value™ of $46.28. GuruFocus considers Immunocore Holdings to be Modestly Undervalued.

Key valuation signals for IMCR:

  • Receivables Turnover: 1.38
  • GF Value™: $46.28 vs. price of $35.02 (24.3% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 73.8% below the Biotechnology median (#389 of 841)

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


Immunocore Holdings Business Description

Other Exchanges 6YG:Germany
Address 92 Park Drive, Milton Park, Abingdon, Oxfordshire, GBR, OX14 4RY
Immunocore Holdings PLC is a commercial-stage biotechnology company. Using its ImmTAX platform, the company is developing a deep pipeline in multiple therapeutic areas, including clinical stage programs in oncology and infectious disease, pre-clinical programs in autoimmune disease, and earlier pre-clinical programs across three therapeutic areas. The company's main product, KIMMTRAK, is used for the treatment of unresectable or metastatic uveal melanoma (mUM). The other drug candidates in its pipeline include Brenetafusp, IMC-P115C, IMC-T119C, IMC-R117C, IMC-S118AI, IMC-U120AI, and others, being developed as a potential treatment for various oncology, infectious, and autoimmune diseases.
76GF Score

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

$35.02
Price
$46.28
GF Value