Dropbox (MEX:DBX) Receivables Turnover: 8.19 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:DBX Dropbox Inc MEX:DBX
60 GF Score
Price MXN490.00
GF Value MXN568.81
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dropbox Receivables Turnover?

Dropbox MEX:DBX 60 Receivables Turnover is 8.19 as of Mar. 2026. GuruFocus rates MEX:DBX with a GF Score™ of 60/100 and a GF Value™ of MXN568.81 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,775 Software companies, Dropbox ranks better than 95.82% 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. Dropbox's Revenue for the three months ended in Mar. 2026 was MXN11,352 Mil. Dropbox's average Accounts Receivable for the three months ended in Mar. 2026 was MXN1,386 Mil. Hence, Dropbox's Receivables Turnover for the three months ended in Mar. 2026 was 8.19.


Dropbox  (MEX:DBX) 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.


Dropbox Receivables Turnover Related Terms


Dropbox Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Dropbox'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.

Dropbox Receivables Turnover Chart

Dropbox Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.07 43.87 38.34 40.35 31.39

Dropbox 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 8.71 8.15 8.36 8.24 8.19

MEX:DBX vs MBGLw, DOX, PATH: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, Dropbox'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.


Dropbox Receivables Turnover vs Software Industry

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

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


MEX:DBX
60GF Score
Dropbox Inc MEX:DBX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dropbox Receivables Turnover Calculation

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

Dropbox'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 )
=45392.37 / ((1468.241 + 1424.251) / 2 )
=45392.37 / 1446.246
=31.39

Dropbox'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 )
=11351.585 / ((1424.251 + 1347.043) / 2 )
=11351.585 / 1385.647
=8.19

* 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 8.19 mean?
Dropbox (MEX:DBX) has a Receivables Turnover of 8.19 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 Dropbox and its competitors. According to the industry distribution chart, Dropbox ranks #116 out of 2775 companies in the Software industry, placing it in the top 4.2%.
Is Dropbox's Receivables Turnover too high?
Dropbox's current Receivables Turnover is 8.19. The Software industry median Receivables Turnover is 5.72. Dropbox's value of 8.19 is 43.2% above this industry median. Based on the distribution chart, Dropbox ranks #116 out of 2775 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Dropbox has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dropbox's Receivables Turnover compare to MBGLw and DOX?
According to the Software industry distribution chart, Dropbox ranks #116 out of 2775 companies for Receivables Turnover. This places Dropbox in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.72. Dropbox's value of 8.19 is 43.2% 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 a Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,775 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. Dropbox's current Receivables Turnover of 8.19 is 43.2% 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 Dropbox and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dropbox's current Receivables Turnover is 8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dropbox stock overvalued right now?
Based on GuruFocus' analysis, Dropbox (MEX:DBX) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN568.81, compared to a current price of MXN490.00 — trading 13.9% below its estimated fair value. The current Receivables Turnover is 8.19 and 43.2% above the Software industry median of 5.72. Dropbox's overall GF Score™ is 60/100 with 3 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 Dropbox (MEX:DBX), the current Receivables Turnover is 8.19 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 Dropbox (MEX:DBX) Overvalued in 2026?

Based on GuruFocus' analysis, Dropbox stock appears to be undervalued. The current stock price of MXN490.00 is trading 13.9% below its estimated GF Value™ of MXN568.81. GuruFocus considers Dropbox to be Modestly Undervalued.

Key valuation signals for MEX:DBX:

  • Receivables Turnover: 8.19
  • GF Value™: MXN568.81 vs. price of MXN490.00 (13.9% below fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 43.2% above the Software median (#116 of 2775)

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


Dropbox Business Description

Address 1800 Owens Street, San Francisco, CA, USA, 94158
Dropbox provides cloud storage and content collaboration tools, focusing on individuals and small to midsize businesses. Founded in 2007, Dropbox was a pioneer in the file sync and share market. In recent years, the firm has been emphasizing its Dash product, which facilitates AI-powered universal search across unstructured cloud data.
60GF Score

Get the complete analysis for MEX:DBX

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

MXN490.00
Price
MXN568.81
GF Value