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. Migros Ticaret AS's Revenue for the
three
months ended in Mar. 2026 was ₺109,237 Mil. Migros Ticaret AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₺2,450 Mil.
Hence, Migros Ticaret AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 44.58.
Migros Ticaret AS (IST:MGROS) 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.
Migros Ticaret AS Receivables Turnover Related Terms
Migros Ticaret AS Receivables Turnover Historical Data
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The historical data trend for Migros Ticaret AS'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.
IST:MGROS vs KR, SFM, ACI: Receivables Turnover Comparison
For the Grocery Stores subindustry, Migros Ticaret AS'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.
Migros Ticaret AS Receivables Turnover vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Migros Ticaret AS'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.
Migros Ticaret AS (IST:MGROS) has a Receivables Turnover of 44.58 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 Migros Ticaret AS and its competitors. According to the industry distribution chart, Migros Ticaret AS ranks #19 out of 303 companies in the Retail - Defensive industry, placing it in the top 6.3%.
Is Migros Ticaret AS's Receivables Turnover too high?
Migros Ticaret AS's current Receivables Turnover is 44.58. The Retail - Defensive industry median Receivables Turnover is 15.59. Migros Ticaret AS's value of 44.58 is 186% above this industry median. Based on the distribution chart, Migros Ticaret AS ranks #19 out of 303 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Migros Ticaret AS has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Migros Ticaret AS's Receivables Turnover compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Migros Ticaret AS ranks #19 out of 303 companies for Receivables Turnover. This places Migros Ticaret AS in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.59. Migros Ticaret AS's value of 44.58 is 186% above 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 - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 15.59, based on 303 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. Migros Ticaret AS's current Receivables Turnover of 44.58 is 186% above 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 Migros Ticaret AS and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 15.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migros Ticaret AS's current Receivables Turnover is 44.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migros Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Migros Ticaret AS (IST:MGROS) is currently considered Fairly Valued. The stock's GF Value™ is ₺686.68, compared to a current price of ₺625.50 — trading 8.9% below its estimated fair value. The current Receivables Turnover is 44.58 and 186% above the Retail - Defensive industry median of 15.59. Migros Ticaret AS's overall GF Score™ is 87/100 with 5 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 Migros Ticaret AS (IST:MGROS), the current Receivables Turnover is 44.58 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 Migros Ticaret AS (IST:MGROS) Overvalued in 2026?
Based on GuruFocus' analysis, Migros Ticaret AS stock appears to be undervalued.
The current stock price of ₺625.50 is trading 8.9% below its estimated GF Value™ of ₺686.68.
GuruFocus considers Migros Ticaret AS to be Fairly Valued.
Key valuation signals for IST:MGROS:
Receivables Turnover: 44.58
GF Value™: ₺686.68 vs. price of ₺625.50 (8.9% below fair value)
Industry Position: 186% above the Retail - Defensive median (#19 of 303)
No single metric tells the full story. See the IST:MGROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Migros Ticaret AS is a Turkey-based company that is principally engaged in the retail business. The company also operates in the business lines of online food retailing and ready meals, payment and electronic money services, logistics services, media, shopping center management, and others.
87GF Score
Get the complete analysis for IST:MGROS
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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