Tan Delta Systems (LSE:TAND) Receivables Turnover: 2.89 (As of Dec. 2025)

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LSE:TAND Tan Delta Systems PLC LSE:TAND
23 GF Score
Price £0.28
GF Value £0.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tan Delta Systems Receivables Turnover?

Tan Delta Systems LSE:TAND 23 Receivables Turnover is 2.89 as of Dec. 2025. GuruFocus rates LSE:TAND with a GF Score™ of 23/100 and a GF Value™ of £0.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 893 Oil & Gas companies, Tan Delta Systems ranks worse than 69.2% 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. Tan Delta Systems's Revenue for the six months ended in Dec. 2025 was £0.70 Mil. Tan Delta Systems's average Accounts Receivable for the six months ended in Dec. 2025 was £0.24 Mil. Hence, Tan Delta Systems's Receivables Turnover for the six months ended in Dec. 2025 was 2.89.


Tan Delta Systems  (LSE:TAND) 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.


Tan Delta Systems Receivables Turnover Related Terms


Tan Delta Systems Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tan Delta Systems'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.

Tan Delta Systems Receivables Turnover Chart

Tan Delta Systems Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.05 6.24 6.92 7.32 5.38

Tan Delta Systems Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 3.68 2.78 2.61 2.89

LSE:TAND vs SLB, BKR, HAL: Receivables Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.


Tan Delta Systems Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tan Delta Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tan Delta Systems's Receivables Turnover falls into.


LSE:TAND
23GF Score
Tan Delta Systems PLC LSE:TAND
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tan Delta Systems Receivables Turnover Calculation

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

Tan Delta Systems'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 )
=1.222 / ((0.188 + 0.266) / 2 )
=1.222 / 0.227
=5.38

Tan Delta Systems'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 )
=0.696 / ((0.215 + 0.266) / 2 )
=0.696 / 0.2405
=2.89

* 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 2.89 mean?
Tan Delta Systems (LSE:TAND) has a Receivables Turnover of 2.89 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 Tan Delta Systems and its competitors. According to the industry distribution chart, Tan Delta Systems ranks #618 out of 893 companies in the Oil & Gas industry, placing it in the top 69.2%.
Is Tan Delta Systems' Receivables Turnover too high?
Tan Delta Systems' current Receivables Turnover is 2.89. The Oil & Gas industry median Receivables Turnover is 7.98. Tan Delta Systems' value of 2.89 is 63.8% below this industry median. Based on the distribution chart, Tan Delta Systems ranks #618 out of 893 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Tan Delta Systems has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tan Delta Systems' Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Tan Delta Systems ranks #618 out of 893 companies for Receivables Turnover. This places Tan Delta Systems in the lower half of its industry. The industry median Receivables Turnover is 7.98. Tan Delta Systems' value of 2.89 is 63.8% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 893 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. Tan Delta Systems's current Receivables Turnover of 2.89 is 63.8% 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 Tan Delta Systems and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tan Delta Systems's current Receivables Turnover is 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tan Delta Systems stock overvalued right now?
Based on GuruFocus' analysis, Tan Delta Systems (LSE:TAND) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.18, compared to a current price of £0.28 — trading 55.6% above its estimated fair value. The current Receivables Turnover is 2.89 and 63.8% below the Oil & Gas industry median of 7.98. Tan Delta Systems' overall GF Score™ is 23/100 with 4 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 Tan Delta Systems (LSE:TAND), the current Receivables Turnover is 2.89 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.

Is Tan Delta Systems (LSE:TAND) Overvalued in 2026?

Based on GuruFocus' analysis, Tan Delta Systems stock appears to be overvalued. The current stock price of £0.28 is trading 55.6% above its estimated GF Value™ of £0.18. GuruFocus considers Tan Delta Systems to be Significantly Overvalued.

Key valuation signals for LSE:TAND:

  • Receivables Turnover: 2.89
  • GF Value™: £0.18 vs. price of £0.28 (55.6% above fair value)
  • GF Score™: 23/100 with 4 warning signs
  • Industry Position: 63.8% below the Oil & Gas median (#618 of 893)

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


Tan Delta Systems Business Description

Industry EnergyOil & Gas
Other Exchanges TB4:Germany
Address Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG
Tan Delta Systems PLC develops real-time oil analysis and analytic technologies and products with capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency, and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. Its products include Sensors, Kits, Display solutions, Gateways & modems, and Accessories & services. Geographically, its solutions are in use across the UK, Europe, North and South America, Asia, and the Middle East.
23GF Score

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

£0.28
Price
£0.18
GF Value