MAXQF (Maritime Launch Services) Receivables Turnover: 17.69 (As of Mar. 2026)

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MAXQF Maritime Launch Services Inc MAXQF
26 GF Score
Price $0.29
! 5 Warning Signs
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What is Maritime Launch Services Receivables Turnover?

Maritime Launch Services MAXQF -11.75% 26 Receivables Turnover is 17.69 as of Mar. 2026. GuruFocus rates MAXQF with a GF Score™ of 26/100. The stock has 5 warning signs investors should review. Among 346 Aerospace & Defense companies, Maritime Launch Services ranks better than 92.49% 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. Maritime Launch Services's Revenue for the three months ended in Mar. 2026 was $0.69 Mil. Maritime Launch Services's average Accounts Receivable for the three months ended in Mar. 2026 was $0.04 Mil. Hence, Maritime Launch Services's Receivables Turnover for the three months ended in Mar. 2026 was 17.69.


Maritime Launch Services  (OTCPK:MAXQF) 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.


Maritime Launch Services Receivables Turnover Related Terms


Maritime Launch Services Receivables Turnover Historical Data

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The historical data trend for Maritime Launch Services'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.

Maritime Launch Services Receivables Turnover Chart

Maritime Launch Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.46

Maritime Launch Services 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 0.00 0.00 0.00 0.25 17.69

MAXQF vs SPCX, GE, RTX: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Maritime Launch Services'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.


Maritime Launch Services Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Maritime Launch Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maritime Launch Services's Receivables Turnover falls into.


MAXQF
26GF Score
Maritime Launch Services Inc MAXQF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maritime Launch Services Receivables Turnover Calculation

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

Maritime Launch Services'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 )
=0.011 / ((0.012 + 0.036) / 2 )
=0.011 / 0.024
=0.46

Maritime Launch Services'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 )
=0.69 / ((0.036 + 0.042) / 2 )
=0.69 / 0.039
=17.69

* 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 17.69 mean?
Maritime Launch Services (MAXQF) has a Receivables Turnover of 17.69 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 Maritime Launch Services and its competitors. According to the industry distribution chart, Maritime Launch Services ranks #26 out of 346 companies in the Aerospace & Defense industry, placing it in the top 7.5%.
Is Maritime Launch Services' Receivables Turnover too high?
Maritime Launch Services' current Receivables Turnover is 17.69. The Aerospace & Defense industry median Receivables Turnover is 5.64. Maritime Launch Services' value of 17.69 is 213.9% above this industry median. Based on the distribution chart, Maritime Launch Services ranks #26 out of 346 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Maritime Launch Services has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Maritime Launch Services' Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Maritime Launch Services ranks #26 out of 346 companies for Receivables Turnover. This places Maritime Launch Services in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.64. Maritime Launch Services' value of 17.69 is 213.9% above 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 Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 346 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. Maritime Launch Services's current Receivables Turnover of 17.69 is 213.9% above 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 Maritime Launch Services and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maritime Launch Services's current Receivables Turnover is 17.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maritime Launch Services stock overvalued right now?
Maritime Launch Services (MAXQF) has a current Receivables Turnover of 17.69. The current Receivables Turnover is 17.69 and 213.9% above the Aerospace & Defense industry median of 5.64. Maritime Launch Services' overall GF Score™ is 26/100 with 5 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 Maritime Launch Services (MAXQF), the current Receivables Turnover is 17.69 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.

Maritime Launch Services Business Description

Other Exchanges N5X:GermanyMAXQ:Canada
Address 1883 Upper Water Street, Suite 303, Halifax, NS, CAN, B3J 1S9
Maritime Launch Services Inc through its subsidiary, owns a fully-permitted site for the establishment of Canada's first commercial Spaceport from which to launch satellites via small and medium sized launch vehicles (rockets), into low earth orbit, located in Canso, Nova Scotia. is a commercial aerospace company responsible for developing Spaceport Nova Scotia, a satellite launching site for the commercial space transportation industry. The company is also focused towards hosting multiple launch vehicle companies that could each launch up to eight or more times per year and are capable of carrying numerous satellites on each mission.
26GF Score

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