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. Avery Dennison's Revenue for the
three
months ended in Mar. 2026 was MXN41,448 Mil. Avery Dennison's average Accounts Receivable for the
three
months ended in Mar. 2026 was MXN28,390 Mil.
Hence, Avery Dennison's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.46.
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.
Avery Dennison Receivables Turnover Related Terms
Avery Dennison Receivables Turnover Historical Data
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The historical data trend for Avery Dennison'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.
MEX:AVY vs CCK, BALL, REYN: Receivables Turnover Comparison
For the Packaging & Containers subindustry, Avery Dennison'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.
Avery Dennison Receivables Turnover vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Avery Dennison's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Avery Dennison'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.
Avery Dennison (MEX:AVY) has a Receivables Turnover of 1.46 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 Avery Dennison and its competitors. According to the industry distribution chart, Avery Dennison ranks #171 out of 393 companies in the Packaging & Containers industry, placing it in the top 43.5%.
Is Avery Dennison's Receivables Turnover too high?
Avery Dennison's current Receivables Turnover is 1.46. The Packaging & Containers industry median Receivables Turnover is 5.43. Avery Dennison's value of 1.46 is 73.1% below this industry median. Based on the distribution chart, Avery Dennison ranks #171 out of 393 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Avery Dennison has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Avery Dennison's Receivables Turnover compare to CCK and BALL?
According to the Packaging & Containers industry distribution chart, Avery Dennison ranks #171 out of 393 companies for Receivables Turnover. This puts Avery Dennison in the upper half of its industry. The industry median Receivables Turnover is 5.43. Avery Dennison's value of 1.46 is 73.1% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.43, based on 393 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. Avery Dennison's current Receivables Turnover of 1.46 is 73.1% 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 Avery Dennison and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avery Dennison's current Receivables Turnover is 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avery Dennison stock overvalued right now?
Avery Dennison (MEX:AVY) has a current Receivables Turnover of 1.46. The stock's GF Value™ is MXN5,540.84, compared to a current price of MXN4,390.00 — trading 20.8% below its estimated fair value. The current Receivables Turnover is 1.46 and 73.1% below the Packaging & Containers industry median of 5.43. Avery Dennison's overall GF Score™ is 85/100 with 2 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 Avery Dennison (MEX:AVY), the current Receivables Turnover is 1.46 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 Avery Dennison (MEX:AVY) Overvalued in 2026?
Based on GuruFocus' analysis, Avery Dennison stock appears to be undervalued.
The current stock price of MXN4,390.00 is trading 20.8% below its estimated GF Value™ of MXN5,540.84.
Key valuation signals for MEX:AVY:
Receivables Turnover: 1.46
GF Value™: MXN5,540.84 vs. price of MXN4,390.00 (20.8% below fair value)
Industry Position: 73.1% below the Packaging & Containers median (#171 of 393)
No single metric tells the full story. See the MEX:AVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avery Dennison Corp provides materials science and digital identification solutions, offering labeling and functional materials, RFID inlays and tags, software connecting physical and digital, and products that enhance packaging and customer experience. Serving industries including retail, apparel, e-commerce, logistics, food, pharmaceuticals, and automotive it operates through two reportable segments: Materials Group, which manufactures and sells pressure-sensitive label materials, graphics, reflective products, performance tapes, and other adhesive solutions, and earns the majority of revenue; and Solutions Group, which provides brand and price tickets, tags, labels with RFID inlays, and related services, supplies, and equipment.
85GF Score
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