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. The Lion Electric Co's Revenue for the
three
months ended in Sep. 2024 was $30.6 Mil. The Lion Electric Co's average Accounts Receivable for the
three
months ended in Sep. 2024 was $53.6 Mil.
Hence, The Lion Electric Co's Receivables Turnover for the
three
months ended in Sep. 2024 was 0.57.
The Lion Electric Co (OTCPK:LEVGQ) 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.
The Lion Electric Co Receivables Turnover Related Terms
The Lion Electric Co Receivables Turnover Historical Data
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The historical data trend for The Lion Electric Co'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.
LEVGQ vs UGRO, NKLAQ, ARTW: Receivables Turnover Comparison
For the Farm & Heavy Construction Machinery subindustry, The Lion Electric Co'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.
The Lion Electric Co Receivables Turnover vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, The Lion Electric Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where The Lion Electric Co'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.
The Lion Electric Co (LEVGQ) has a Receivables Turnover of 0.57 as of Sep. 2024. 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 The Lion Electric Co and its competitors.
Is The Lion Electric Co's Receivables Turnover too high?
The Lion Electric Co's current Receivables Turnover is 0.57. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.92. The Lion Electric Co's value of 0.57 is 88.4% below this industry median. Overall, The Lion Electric Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Lion Electric Co's Receivables Turnover compare to UGRO and NKLAQ?
The Lion Electric Co's Receivables Turnover of 0.57 can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Receivables Turnover is 4.92. The Lion Electric Co's value of 0.57 is 88.4% 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 Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.92, based on 210 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. The Lion Electric Co's current Receivables Turnover of 0.57 is 88.4% 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 The Lion Electric Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Lion Electric Co's current Receivables Turnover is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Lion Electric Co stock overvalued right now?
The Lion Electric Co (LEVGQ) has a current Receivables Turnover of 0.57. The current Receivables Turnover is 0.57 and 88.4% below the Farm & Heavy Construction Machinery industry median of 4.92. The Lion Electric Co's overall GF Score™ is 12/100. 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 The Lion Electric Co (LEVGQ), the current Receivables Turnover is 0.57 as of Sep. 2024. 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.
The Lion Electric Co. includes designing, developing, manufacturing and distributing purpose-built all-electric medium and heavy-duty urban vehicles including battery systems, chassis, bus bodies and truck cabins. The Group also distributes truck and bus parts and accessories. The Group has one reportable operating segment, the manufacturing and sales of electric vehicles in Canada and in the United States. Geographically, the majority of revenue is generated from Canada.
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