IPCEF (ispace) Receivables Turnover: 3.11 (As of Mar. 2026)


IPCEF ispace inc IPCEF
53 GF Score
Price $2.80
GF Value $4.44
Valuation Possible Value Trap
! 4 Warning Signs
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What is ispace Receivables Turnover?

ispace IPCEF 53 Receivables Turnover is 3.11 as of Mar. 2026. GuruFocus rates IPCEF with a GF Score™ of 53/100 and a GF Value™ of $4.44 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,469 Hardware companies, ispace ranks better than 72.38% 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. ispace's Revenue for the three months ended in Mar. 2026 was $3.55 Mil. ispace's average Accounts Receivable for the three months ended in Mar. 2026 was $1.14 Mil. Hence, ispace's Receivables Turnover for the three months ended in Mar. 2026 was 3.11.


ispace  (OTCPK:IPCEF) 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.


ispace Receivables Turnover Related Terms


ispace Receivables Turnover Historical Data

* Premium members only.

The historical data trend for ispace'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.

ispace Receivables Turnover Chart

ispace Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 20.05 36.55 89.39 6.06 3.95

ispace Quarterly Data
Mar21 Mar22 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 3.41 1.33 3.71 1.73 3.11

IPCEF vs SNDK, DELL, STX: Receivables Turnover Comparison

For the Computer Hardware subindustry, ispace'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.


ispace Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, ispace's Receivables Turnover distribution charts can be found below:

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


IPCEF
53GF Score
ispace inc IPCEF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ispace Receivables Turnover Calculation

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

ispace's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=20.841 / ((10.364 + 0.179) / 2 )
=20.841 / 5.2715
=3.95

ispace'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 )
=3.55 / ((2.104 + 0.179) / 2 )
=3.55 / 1.1415
=3.11

* 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 3.11 mean?
ispace (IPCEF) has a Receivables Turnover of 3.11 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 ispace and its competitors. According to the industry distribution chart, ispace ranks #682 out of 2469 companies in the Hardware industry, placing it in the top 27.6%.
Is ispace's Receivables Turnover too high?
ispace's current Receivables Turnover is 3.11. The Hardware industry median Receivables Turnover is 4.89. ispace's value of 3.11 is 36.4% below this industry median. Based on the distribution chart, ispace ranks #682 out of 2469 companies in the Hardware industry, which is above the industry midpoint. Overall, ispace has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ispace's Receivables Turnover compare to SNDK and DELL?
According to the Hardware industry distribution chart, ispace ranks #682 out of 2469 companies for Receivables Turnover. This puts ispace in the upper half of its industry. The industry median Receivables Turnover is 4.89. ispace's value of 3.11 is 36.4% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,469 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. ispace's current Receivables Turnover of 3.11 is 36.4% 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 ispace and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ispace's current Receivables Turnover is 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ispace stock overvalued right now?
Based on GuruFocus' analysis, ispace (IPCEF) is currently considered Possible Value Trap. The stock's GF Value™ is $4.44, compared to a current price of $2.80 — trading 36.9% below its estimated fair value. The current Receivables Turnover is 3.11 and 36.4% below the Hardware industry median of 4.89. ispace's overall GF Score™ is 53/100 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 ispace (IPCEF), the current Receivables Turnover is 3.11 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 ispace (IPCEF) Overvalued in 2026?

Based on GuruFocus' analysis, ispace stock appears to be undervalued. The current stock price of $2.80 is trading 36.9% below its estimated GF Value™ of $4.44. GuruFocus considers ispace to be Possible Value Trap.

Key valuation signals for IPCEF:

  • Receivables Turnover: 3.11
  • GF Value™: $4.44 vs. price of $2.80 (36.9% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 36.4% below the Hardware median (#682 of 2469)

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


ispace Business Description

Other Exchanges 9348:Japan7VO:Germany
Address 3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.
53GF Score

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

$2.80
Price
$4.44
GF Value