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. Indie Semiconductor's Revenue for the
three
months ended in Mar. 2026 was $55.5 Mil. Indie Semiconductor's average Accounts Receivable for the
three
months ended in Mar. 2026 was $59.0 Mil.
Hence, Indie Semiconductor's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.94.
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.
Indie Semiconductor Receivables Turnover Related Terms
Indie Semiconductor Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Indie Semiconductor'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.
INDI vs LAES, MRAM, NVEC: Receivables Turnover Comparison
For the Semiconductors subindustry, Indie Semiconductor'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.
Indie Semiconductor Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Indie Semiconductor's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Indie Semiconductor'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.
Indie Semiconductor (INDI) has a Receivables Turnover of 0.94 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 Indie Semiconductor and its competitors. According to the industry distribution chart, Indie Semiconductor ranks #800 out of 1017 companies in the Semiconductors industry, placing it in the top 78.7%.
Is Indie Semiconductor's Receivables Turnover too high?
Indie Semiconductor's current Receivables Turnover is 0.94. The Semiconductors industry median Receivables Turnover is 5.82. Indie Semiconductor's value of 0.94 is 83.8% below this industry median. Based on the distribution chart, Indie Semiconductor ranks #800 out of 1017 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Indie Semiconductor has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indie Semiconductor's Receivables Turnover compare to LAES and MRAM?
According to the Semiconductors industry distribution chart, Indie Semiconductor ranks #800 out of 1017 companies for Receivables Turnover. This places Indie Semiconductor in the lower half of its industry. The industry median Receivables Turnover is 5.82. Indie Semiconductor's value of 0.94 is 83.8% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 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. Indie Semiconductor's current Receivables Turnover of 0.94 is 83.8% 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 Indie Semiconductor and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indie Semiconductor's current Receivables Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indie Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, Indie Semiconductor (INDI) is currently considered Fairly Valued. The stock's GF Value™ is $4.30, compared to a current price of $4.44 — trading 3.1% above its estimated fair value. The current Receivables Turnover is 0.94 and 83.8% below the Semiconductors industry median of 5.82. Indie Semiconductor's overall GF Score™ is 78/100 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 Indie Semiconductor (INDI), the current Receivables Turnover is 0.94 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 Indie Semiconductor (INDI) Overvalued in 2026?
Based on GuruFocus' analysis, Indie Semiconductor stock appears to be overvalued.
The current stock price of $4.44 is trading 3.1% above its estimated GF Value™ of $4.30.
GuruFocus considers Indie Semiconductor to be Fairly Valued.
Key valuation signals for INDI:
Receivables Turnover: 0.94
GF Value™: $4.30 vs. price of $4.44 (3.1% above fair value)
Industry Position: 83.8% below the Semiconductors median (#800 of 1017)
No single metric tells the full story. See the INDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indie Semiconductor Inc caters to the autotech industry with semiconductors, photonics, and software platforms. The company's products include devices for a multitude of automotive applications spanning vision and radar processors, in-cabin wireless charging and USB power delivery, device interfacing through Apple CarPlay and Android Auto, and high-speed video and data connectivity. New products under evaluation or development include LiDAR, cybersecurity-enabled microcontrollers, and sensor-fusion processors. Its Photonics division mainly offers low-noise lasers, standard, and custom light sources. Geographically, the company generates the majority of its revenue from Greater China and the rest from the United States, Europe, South Korea, and other regions.
78GF Score
Get the complete analysis for INDI
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
INDI has been successfully added to your 
