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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. Northrop Grumman's Revenue for the
three
months ended in Mar. 2026 was MXN178,181 Mil. Northrop Grumman's average Accounts Receivable for the
three
months ended in Mar. 2026 was MXN28,662 Mil.
Hence, Northrop Grumman's Receivables Turnover for the
three
months ended in Mar. 2026 was 6.22.
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.
Northrop Grumman Receivables Turnover Related Terms
Northrop Grumman Receivables Turnover Historical Data
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The historical data trend for Northrop Grumman'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:NOC vs HONAV, TDG, LHX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Northrop Grumman'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.
Northrop Grumman Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Northrop Grumman'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.
Northrop Grumman (MEX:NOC) has a Receivables Turnover of 6.22 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 Northrop Grumman and its competitors. According to the industry distribution chart, Northrop Grumman ranks #19 out of 346 companies in the Aerospace & Defense industry, placing it in the top 5.5%.
Is Northrop Grumman's Receivables Turnover too high?
Northrop Grumman's current Receivables Turnover is 6.22. The Aerospace & Defense industry median Receivables Turnover is 5.64. Northrop Grumman's value of 6.22 is 10.4% above this industry median. Based on the distribution chart, Northrop Grumman ranks #19 out of 346 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Northrop Grumman has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Northrop Grumman's Receivables Turnover compare to HONAV and TDG?
According to the Aerospace & Defense industry distribution chart, Northrop Grumman ranks #19 out of 346 companies for Receivables Turnover. This places Northrop Grumman in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.64. Northrop Grumman's value of 6.22 is 10.4% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 346 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. Northrop Grumman's current Receivables Turnover of 6.22 is 10.4% 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 Northrop Grumman and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northrop Grumman's current Receivables Turnover is 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northrop Grumman stock overvalued right now?
Northrop Grumman (MEX:NOC) has a current Receivables Turnover of 6.22. The stock's GF Value™ is MXN10,031.11, compared to a current price of MXN9,415.00 — trading 6.1% below its estimated fair value. The current Receivables Turnover is 6.22 and 10.4% above the Aerospace & Defense industry median of 5.64. Northrop Grumman's overall GF Score™ is 87/100 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 Northrop Grumman (MEX:NOC), the current Receivables Turnover is 6.22 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 Northrop Grumman (MEX:NOC) Overvalued in 2026?
Based on GuruFocus' analysis, Northrop Grumman stock appears to be undervalued.
The current stock price of MXN9,415.00 is trading 6.1% below its estimated GF Value™ of MXN10,031.11.
Key valuation signals for MEX:NOC:
Receivables Turnover: 6.22
GF Value™: MXN10,031.11 vs. price of MXN9,415.00 (6.1% below fair value)
Industry Position: 10.4% above the Aerospace & Defense median (#19 of 346)
No single metric tells the full story. See the MEX:NOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, and space systems. The company's aerospace segment produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber, creates the fuselage for the massive F-35 program, and maintains and upgrades numerous other military aircraft. Defense systems makes artillery and missile ammunition and guidance systems, long-range missiles, and missile defense systems. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Space systems produces satellites, sensors, space structures, and rocket motors.
87GF Score
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