Mind Gym (LSE:MIND) Receivables Turnover: 3.74 (As of Mar. 2026)

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What is Mind Gym Receivables Turnover?

Mind Gym LSE:MIND Receivables Turnover is 3.74 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 1,063 Business Services companies, Mind Gym ranks better than 52.59% 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. Mind Gym's Revenue for the six months ended in Mar. 2026 was £16.39 Mil. Mind Gym's average Accounts Receivable for the six months ended in Mar. 2026 was £4.38 Mil. Hence, Mind Gym's Receivables Turnover for the six months ended in Mar. 2026 was 3.74.


Mind Gym  (LSE:MIND) 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.


Mind Gym Receivables Turnover Related Terms


Mind Gym Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mind Gym'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.

Mind Gym Receivables Turnover Chart

Mind Gym Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.83 7.63 7.17 6.94 6.40

Mind Gym Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.39 3.73 3.62 2.73 3.74

LSE:MIND vs CTAS, CPRT, ULS: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Mind Gym'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.


Mind Gym Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Mind Gym's Receivables Turnover distribution charts can be found below:

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



Mind Gym Receivables Turnover Calculation

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

Mind Gym'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 )
=29.902 / ((5.24 + 4.104) / 2 )
=29.902 / 4.672
=6.40

Mind Gym'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=16.388 / ((4.656 + 4.104) / 2 )
=16.388 / 4.38
=3.74

* 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 3.74 mean?
Mind Gym (LSE:MIND) has a Receivables Turnover of 3.74 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 Mind Gym and its competitors. According to the industry distribution chart, Mind Gym ranks #504 out of 1063 companies in the Business Services industry, placing it in the top 47.4%.
Is Mind Gym's Receivables Turnover too high?
Mind Gym's current Receivables Turnover is 3.74. The Business Services industry median Receivables Turnover is 6.25. Mind Gym's value of 3.74 is 40.2% below this industry median. Based on the distribution chart, Mind Gym ranks #504 out of 1063 companies in the Business Services industry, which is above the industry midpoint.
How does Mind Gym's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Mind Gym ranks #504 out of 1063 companies for Receivables Turnover. This puts Mind Gym in the upper half of its industry. The industry median Receivables Turnover is 6.25. Mind Gym's value of 3.74 is 40.2% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,063 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. Mind Gym's current Receivables Turnover of 3.74 is 40.2% 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 Mind Gym and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mind Gym's current Receivables Turnover is 3.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mind Gym stock overvalued right now?
Based on GuruFocus' analysis, Mind Gym (LSE:MIND) is currently considered Possible Value Trap. The stock's GF Value™ is £0.16, compared to a current price of £0.09 — trading 46.9% below its estimated fair value. The current Receivables Turnover is 3.74 and 40.2% below the Business Services industry median of 6.25. 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 Mind Gym (LSE:MIND), the current Receivables Turnover is 3.74 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.

Mind Gym Business Description

Address 160 Kensington High Street, London, GBR, W8 7RG
Mind Gym PLC is an international behavioural science company delivering business improvement solutions to companies across the world. The firm provides solutions like performance management, management development, reorganization, personal effectiveness, onboarding, employee engagement, and customer service. The group has two operating segments: EMEA (comprising the United Kingdom, Singapore, and the United Arab Emirates), which derives maximum revenue, and America (comprising the United States and Canada). It derives revenue from the provision of human capital and business improvement solutions.