LECO (Lincoln Electric Holdings) Receivables Turnover: 1.97 (As of Mar. 2026)

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LECO Lincoln Electric Holdings Inc LECO
97 GF Score
Price $251.78
GF Value $237.89
Valuation Fairly Valued
! 2 Warning Signs
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What is Lincoln Electric Holdings Receivables Turnover?

Lincoln Electric Holdings LECO +0.23% 97 Receivables Turnover is 1.97 as of Mar. 2026. GuruFocus rates LECO with a GF Score™ of 97/100 and a GF Value™ of $237.89 (Fairly Valued). The stock has 2 warning signs investors should review. Among 3,028 Industrial Products companies, Lincoln Electric Holdings ranks better than 86.69% 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. Lincoln Electric Holdings's Revenue for the three months ended in Mar. 2026 was $1,121 Mil. Lincoln Electric Holdings's average Accounts Receivable for the three months ended in Mar. 2026 was $569 Mil. Hence, Lincoln Electric Holdings's Receivables Turnover for the three months ended in Mar. 2026 was 1.97.


Lincoln Electric Holdings  (NAS:LECO) 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.


Lincoln Electric Holdings Receivables Turnover Related Terms


Lincoln Electric Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Lincoln Electric 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.

Lincoln Electric Holdings Receivables Turnover Chart

Lincoln Electric Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.06 7.75 7.76 7.85 8.29

Lincoln Electric 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 2.00 2.02 2.01 2.07 1.97

LECO vs SWK, TKR, RBC: Receivables Turnover Comparison

For the Tools & Accessories subindustry, Lincoln Electric 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.


Lincoln Electric Holdings Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Receivables Turnover distribution charts can be found below:

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


LECO
97GF Score
Lincoln Electric Holdings Inc LECO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln Electric Holdings Receivables Turnover Calculation

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

Lincoln Electric 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 )
=4233.003 / ((481.979 + 538.791) / 2 )
=4233.003 / 510.385
=8.29

Lincoln Electric 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 )
=1121.434 / ((538.791 + 598.315) / 2 )
=1121.434 / 568.553
=1.97

* 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 1.97 mean?
Lincoln Electric Holdings (LECO) has a Receivables Turnover of 1.97 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 Lincoln Electric Holdings and its competitors. According to the industry distribution chart, Lincoln Electric Holdings ranks #403 out of 3028 companies in the Industrial Products industry, placing it in the top 13.3%.
Is Lincoln Electric Holdings' Receivables Turnover too high?
Lincoln Electric Holdings' current Receivables Turnover is 1.97. The Industrial Products industry median Receivables Turnover is 4.45. Lincoln Electric Holdings' value of 1.97 is 55.7% below this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #403 out of 3028 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Lincoln Electric Holdings has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' Receivables Turnover compare to SWK and TKR?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #403 out of 3028 companies for Receivables Turnover. This places Lincoln Electric Holdings in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. Lincoln Electric Holdings' value of 1.97 is 55.7% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. Lincoln Electric Holdings's current Receivables Turnover of 1.97 is 55.7% 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 Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current Receivables Turnover is 1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Electric Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lincoln Electric Holdings (LECO) is currently considered Fairly Valued. The stock's GF Value™ is $237.89, compared to a current price of $251.78 — trading 5.8% above its estimated fair value. The current Receivables Turnover is 1.97 and 55.7% below the Industrial Products industry median of 4.45. Lincoln Electric Holdings' overall GF Score™ is 97/100 with 2 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 Lincoln Electric Holdings (LECO), the current Receivables Turnover is 1.97 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 Lincoln Electric Holdings (LECO) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln Electric Holdings stock appears to be overvalued. The current stock price of $251.78 is trading 5.8% above its estimated GF Value™ of $237.89. GuruFocus considers Lincoln Electric Holdings to be Fairly Valued.

Key valuation signals for LECO:

  • Receivables Turnover: 1.97
  • GF Value™: $237.89 vs. price of $251.78 (5.8% above fair value)
  • GF Score™: 97/100 with 2 warning signs
  • Industry Position: 55.7% below the Industrial Products median (#403 of 3028)

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


Lincoln Electric Holdings Business Description

Other Exchanges LNE:Germany
Address 22801 Saint Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
97GF Score

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

$251.78
Price
$237.89
GF Value