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GitLabMEX:GTLB 54 Receivables Turnover is 1.05 as of Apr. 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,447.58 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,776 Software companies, GitLab ranks worse than 64.88% 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. GitLab's Revenue for the
three
months ended in Apr. 2026 was MXN4,627 Mil. GitLab's average Accounts Receivable for the
three
months ended in Apr. 2026 was MXN4,394 Mil.
Hence, GitLab's Receivables Turnover for the
three
months ended in Apr. 2026 was 1.05.
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.
GitLab Receivables Turnover Related Terms
GitLab Receivables Turnover Historical Data
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The historical data trend for GitLab'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:GTLB vs ACIW, WEX, ZETA: Receivables Turnover Comparison
For the Software - Infrastructure subindustry, GitLab'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.
GitLab Receivables Turnover vs Software Industry
For the Software industry and Technology sector, GitLab's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where GitLab'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.
GitLab (MEX:GTLB) has a Receivables Turnover of 1.05 as of Apr. 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 GitLab and its competitors. According to the industry distribution chart, GitLab ranks #1801 out of 2776 companies in the Software industry, placing it in the top 64.9%.
Is GitLab's Receivables Turnover too high?
GitLab's current Receivables Turnover is 1.05. The Software industry median Receivables Turnover is 5.72. GitLab's value of 1.05 is 81.6% below this industry median. Based on the distribution chart, GitLab ranks #1801 out of 2776 companies in the Software industry, which is below the industry midpoint. Overall, GitLab has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's Receivables Turnover compare to ACIW and WEX?
According to the Software industry distribution chart, GitLab ranks #1801 out of 2776 companies for Receivables Turnover. This places GitLab in the lower half of its industry. The industry median Receivables Turnover is 5.72. GitLab's value of 1.05 is 81.6% 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 Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,776 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. GitLab's current Receivables Turnover of 1.05 is 81.6% 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 GitLab 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. GitLab's current Receivables Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GitLab stock overvalued right now?
Based on GuruFocus' analysis, GitLab (MEX:GTLB) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,447.58, compared to a current price of MXN596.29 — trading 58.8% below its estimated fair value. The current Receivables Turnover is 1.05 and 81.6% below the Software industry median of 5.72. GitLab's overall GF Score™ is 54/100 with 1 warning sign 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 GitLab (MEX:GTLB), the current Receivables Turnover is 1.05 as of Apr. 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 GitLab (MEX:GTLB) Overvalued in 2026?
Based on GuruFocus' analysis, GitLab stock appears to be undervalued.
The current stock price of MXN596.29 is trading 58.8% below its estimated GF Value™ of MXN1,447.58.
GuruFocus considers GitLab to be Significantly Undervalued.
Key valuation signals for MEX:GTLB:
Receivables Turnover: 1.05
GF Value™: MXN1,447.58 vs. price of MXN596.29 (58.8% below fair value)
Industry Position: 81.6% below the Software median (#1801 of 2776)
No single metric tells the full story. See the MEX:GTLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GitLab Inc operates on an all-remote model. GitLab is a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation, following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, & the Asia Pacific. It focused on accelerating innovation & broadening the distribution of its platform to companies across the world.
54GF Score
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