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. Tenet Healthcare's Revenue for the
three
months ended in Mar. 2026 was MXN104,247 Mil. Tenet Healthcare's average Accounts Receivable for the
three
months ended in Mar. 2026 was MXN46,580 Mil.
Hence, Tenet Healthcare's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.24.
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.
Tenet Healthcare Receivables Turnover Related Terms
Tenet Healthcare Receivables Turnover Historical Data
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The historical data trend for Tenet Healthcare'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:THC vs DVA, EHC, ENSG: Receivables Turnover Comparison
For the Medical Care Facilities subindustry, Tenet Healthcare'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.
Tenet Healthcare Receivables Turnover vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tenet Healthcare'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.
Tenet Healthcare (MEX:THC) has a Receivables Turnover of 2.24 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 Tenet Healthcare and its competitors. According to the industry distribution chart, Tenet Healthcare ranks #299 out of 655 companies in the Healthcare Providers & Services industry, placing it in the top 45.6%.
Is Tenet Healthcare's Receivables Turnover too high?
Tenet Healthcare's current Receivables Turnover is 2.24. The Healthcare Providers & Services industry median Receivables Turnover is 7.71. Tenet Healthcare's value of 2.24 is 70.9% below this industry median. Based on the distribution chart, Tenet Healthcare ranks #299 out of 655 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Tenet Healthcare has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Tenet Healthcare's Receivables Turnover compare to DVA and EHC?
According to the Healthcare Providers & Services industry distribution chart, Tenet Healthcare ranks #299 out of 655 companies for Receivables Turnover. This puts Tenet Healthcare in the upper half of its industry. The industry median Receivables Turnover is 7.71. Tenet Healthcare's value of 2.24 is 70.9% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.71, based on 655 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. Tenet Healthcare's current Receivables Turnover of 2.24 is 70.9% 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 Tenet Healthcare and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tenet Healthcare's current Receivables Turnover is 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tenet Healthcare stock overvalued right now?
Tenet Healthcare (MEX:THC) has a current Receivables Turnover of 2.24. The stock's GF Value™ is MXN2,833.66, compared to a current price of MXN3,547.50 — trading 25.2% above its estimated fair value. The current Receivables Turnover is 2.24 and 70.9% below the Healthcare Providers & Services industry median of 7.71. Tenet Healthcare's overall GF Score™ is 77/100 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 Tenet Healthcare (MEX:THC), the current Receivables Turnover is 2.24 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 Tenet Healthcare (MEX:THC) Overvalued in 2026?
Based on GuruFocus' analysis, Tenet Healthcare stock appears to be overvalued.
The current stock price of MXN3,547.50 is trading 25.2% above its estimated GF Value™ of MXN2,833.66.
Key valuation signals for MEX:THC:
Receivables Turnover: 2.24
GF Value™: MXN2,833.66 vs. price of MXN3,547.50 (25.2% above fair value)
Industry Position: 70.9% below the Healthcare Providers & Services median (#299 of 655)
No single metric tells the full story. See the MEX:THC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tenet Healthcare is a Dallas-based healthcare services organization. It operates acute and specialty hospitals (50 as of December 2025) and hundreds of ambulatory surgery centers and other outpatient facilities across the US, primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
77GF Score
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