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. IDEX's Revenue for the
three
months ended in Mar. 2026 was MXN15,993 Mil. IDEX's average Accounts Receivable for the
three
months ended in Mar. 2026 was MXN8,939 Mil.
Hence, IDEX's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.79.
IDEX (MEX:IEX) 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.
IDEX Receivables Turnover Related Terms
IDEX Receivables Turnover Historical Data
* Premium members only.
The historical data trend for IDEX'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:IEX vs NDSN, GNRC, ITT: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, IDEX'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.
IDEX Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IDEX's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where IDEX'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.
IDEX (MEX:IEX) has a Receivables Turnover of 1.79 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 IDEX and its competitors. According to the industry distribution chart, IDEX ranks #527 out of 3028 companies in the Industrial Products industry, placing it in the top 17.4%.
Is IDEX's Receivables Turnover too high?
IDEX's current Receivables Turnover is 1.79. The Industrial Products industry median Receivables Turnover is 4.45. IDEX's value of 1.79 is 59.8% below this industry median. Based on the distribution chart, IDEX ranks #527 out of 3028 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, IDEX has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does IDEX's Receivables Turnover compare to NDSN and GNRC?
According to the Industrial Products industry distribution chart, IDEX ranks #527 out of 3028 companies for Receivables Turnover. This places IDEX in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. IDEX's value of 1.79 is 59.8% 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 3,028 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. IDEX's current Receivables Turnover of 1.79 is 59.8% 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 IDEX 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. IDEX's current Receivables Turnover is 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEX stock overvalued right now?
IDEX (MEX:IEX) has a current Receivables Turnover of 1.79. The stock's GF Value™ is MXN3,118.84, compared to a current price of MXN3,105.00 — trading 0.4% below its estimated fair value. The current Receivables Turnover is 1.79 and 59.8% below the Industrial Products industry median of 4.45. IDEX's overall GF Score™ is 94/100 with 8 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 IDEX (MEX:IEX), the current Receivables Turnover is 1.79 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 IDEX (MEX:IEX) Overvalued in 2026?
Based on GuruFocus' analysis, IDEX stock appears to be undervalued.
The current stock price of MXN3,105.00 is trading 0.4% below its estimated GF Value™ of MXN3,118.84.
Key valuation signals for MEX:IEX:
Receivables Turnover: 1.79
GF Value™: MXN3,118.84 vs. price of MXN3,105.00 (0.4% below fair value)
Industry Position: 59.8% below the Industrial Products median (#527 of 3028)
No single metric tells the full story. See the MEX:IEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. The company generated $3.5 billion in revenue in 2025.
94GF Score
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