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. Mayville Engineering Co's Revenue for the
three
months ended in Mar. 2026 was $144.8 Mil. Mayville Engineering Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was $62.8 Mil.
Hence, Mayville Engineering Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.30.
Mayville Engineering Co (NYSE:MEC) 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.
Mayville Engineering Co Receivables Turnover Related Terms
Mayville Engineering Co Receivables Turnover Historical Data
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The historical data trend for Mayville Engineering 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.
Mayville Engineering Co Receivables Turnover Chart
MEC vs IIIN, RYZ, TG: Receivables Turnover Comparison
For the Metal Fabrication subindustry, Mayville Engineering 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.
Mayville Engineering Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mayville Engineering Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mayville Engineering 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.
Mayville Engineering Co (MEC) has a Receivables Turnover of 2.30 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 Mayville Engineering Co and its competitors. According to the industry distribution chart, Mayville Engineering Co ranks #307 out of 3023 companies in the Industrial Products industry, placing it in the top 10.2%.
Is Mayville Engineering Co's Receivables Turnover too high?
Mayville Engineering Co's current Receivables Turnover is 2.30. The Industrial Products industry median Receivables Turnover is 4.45. Mayville Engineering Co's value of 2.30 is 48.3% below this industry median. Based on the distribution chart, Mayville Engineering Co ranks #307 out of 3023 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mayville Engineering Co has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayville Engineering Co's Receivables Turnover compare to IIIN and RYZ?
According to the Industrial Products industry distribution chart, Mayville Engineering Co ranks #307 out of 3023 companies for Receivables Turnover. This places Mayville Engineering Co in the top 10% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. Mayville Engineering Co's value of 2.30 is 48.3% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,023 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. Mayville Engineering Co's current Receivables Turnover of 2.30 is 48.3% 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 Mayville Engineering Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayville Engineering Co's current Receivables Turnover is 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayville Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Mayville Engineering Co (MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.49, compared to a current price of $33.55 — trading 116.6% above its estimated fair value. The current Receivables Turnover is 2.30 and 48.3% below the Industrial Products industry median of 4.45. Mayville Engineering Co's overall GF Score™ is 65/100 with 7 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 Mayville Engineering Co (MEC), the current Receivables Turnover is 2.30 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.
Is Mayville Engineering Co (MEC) Overvalued in 2026?
Based on GuruFocus' analysis, Mayville Engineering Co stock appears to be overvalued.
The current stock price of $33.55 is trading 116.6% above its estimated GF Value™ of $15.49.
GuruFocus considers Mayville Engineering Co to be Significantly Overvalued.
Key valuation signals for MEC:
Receivables Turnover: 2.30
GF Value™: $15.49 vs. price of $33.55 (116.6% above fair value)
Industry Position: 48.3% below the Industrial Products median (#307 of 3023)
No single metric tells the full story. See the MEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.
65GF Score
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