PipeHawk (LSE:PIP) Receivables Turnover: 1.98 (As of Dec. 2025)

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What is PipeHawk Receivables Turnover?

PipeHawk LSE:PIP Receivables Turnover is 1.98 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 2,468 Hardware companies, PipeHawk ranks worse than 61.87% 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. PipeHawk's Revenue for the six months ended in Dec. 2025 was £1.14 Mil. PipeHawk's average Accounts Receivable for the six months ended in Dec. 2025 was £0.58 Mil. Hence, PipeHawk's Receivables Turnover for the six months ended in Dec. 2025 was 1.98.


PipeHawk  (LSE:PIP) 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.


PipeHawk Receivables Turnover Related Terms


PipeHawk Receivables Turnover Historical Data

* Premium members only.

The historical data trend for PipeHawk'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.

PipeHawk Receivables Turnover Chart

PipeHawk Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 5.32 5.13 10.34 8.31

PipeHawk Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.15 2.62 3.10 2.67 1.98

LSE:PIP vs COHR, KEYS, GRMN: Receivables Turnover Comparison

For the Scientific & Technical Instruments subindustry, PipeHawk'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.


PipeHawk Receivables Turnover vs Hardware Industry

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

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



PipeHawk Receivables Turnover Calculation

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

PipeHawk's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=3.743 / ((0.504 + 0.397) / 2 )
=3.743 / 0.4505
=8.31

PipeHawk's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=1.144 / ((0.397 + 0.759) / 2 )
=1.144 / 0.578
=1.98

* 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 1.98 mean?
PipeHawk (LSE:PIP) has a Receivables Turnover of 1.98 as of Dec. 2025. 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 PipeHawk and its competitors. According to the industry distribution chart, PipeHawk ranks #1527 out of 2468 companies in the Hardware industry, placing it in the top 61.9%.
Is PipeHawk's Receivables Turnover too high?
PipeHawk's current Receivables Turnover is 1.98. The Hardware industry median Receivables Turnover is 4.91. PipeHawk's value of 1.98 is 59.6% below this industry median. Based on the distribution chart, PipeHawk ranks #1527 out of 2468 companies in the Hardware industry, which is below the industry midpoint.
How does PipeHawk's Receivables Turnover compare to COHR and KEYS?
According to the Hardware industry distribution chart, PipeHawk ranks #1527 out of 2468 companies for Receivables Turnover. This places PipeHawk in the lower half of its industry. The industry median Receivables Turnover is 4.91. PipeHawk's value of 1.98 is 59.6% 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 4.91, based on 2,468 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. PipeHawk's current Receivables Turnover of 1.98 is 59.6% 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 PipeHawk and its competitors. For the Hardware industry, the median Receivables Turnover is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PipeHawk's current Receivables Turnover is 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PipeHawk stock overvalued right now?
Based on GuruFocus' analysis, PipeHawk (LSE:PIP) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.02 — trading 125% above its estimated fair value. The current Receivables Turnover is 1.98 and 59.6% below the Hardware industry median of 4.91. 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 PipeHawk (LSE:PIP), the current Receivables Turnover is 1.98 as of Dec. 2025. 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.

PipeHawk Business Description

Address Wyndham Street, 4 Manor Park Industrial Estate, Aldershot, Hampshire, GBR, GU12 4NZ
PipeHawk PLC is engaged in the development, assembly, and sale of test systems and rail industry solutions and ground probing radar (GPR) equipment, the provision of GPR-based services, and the undertaking of complementary research and development assignments. Its subsidiaries include Adien Limited, which provides utility detection and mapping services (sale of services); Utsi Electronics Limited, which focuses on the development, assembly, and sale of GPR equipment (sale of goods); Thomson Engineering Design Limited, which offers rail trackside solutions and is included in the test system solutions segment (sale of services); and Wessex Precision Instruments Limited, which is non-trading. It operates in United Kingdom, which generates key revenue, as well as Europe and other regions.