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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. McGrath RentCorp's Revenue for the
three
months ended in Mar. 2026 was $198.5 Mil. McGrath RentCorp's average Accounts Receivable for the
three
months ended in Mar. 2026 was $227.0 Mil.
Hence, McGrath RentCorp's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.87.
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.
McGrath RentCorp Receivables Turnover Related Terms
McGrath RentCorp Receivables Turnover Historical Data
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The historical data trend for McGrath RentCorp'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.
MGRC vs CTOS, VSTS, PRG: Receivables Turnover Comparison
For the Rental & Leasing Services subindustry, McGrath RentCorp'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.
McGrath RentCorp Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, McGrath RentCorp's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where McGrath RentCorp'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.
McGrath RentCorp (MGRC) has a Receivables Turnover of 0.87 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 McGrath RentCorp and its competitors. According to the industry distribution chart, McGrath RentCorp ranks #795 out of 1062 companies in the Business Services industry, placing it in the top 74.9%.
Is McGrath RentCorp's Receivables Turnover too high?
McGrath RentCorp's current Receivables Turnover is 0.87. The Business Services industry median Receivables Turnover is 6.22. McGrath RentCorp's value of 0.87 is 86% below this industry median. Based on the distribution chart, McGrath RentCorp ranks #795 out of 1062 companies in the Business Services industry, which is below the industry midpoint. Overall, McGrath RentCorp has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does McGrath RentCorp's Receivables Turnover compare to CTOS and VSTS?
According to the Business Services industry distribution chart, McGrath RentCorp ranks #795 out of 1062 companies for Receivables Turnover. This places McGrath RentCorp in the lower half of its industry. The industry median Receivables Turnover is 6.22. McGrath RentCorp's value of 0.87 is 86% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.22, based on 1,062 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. McGrath RentCorp's current Receivables Turnover of 0.87 is 86% 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 McGrath RentCorp and its competitors. For the Business Services industry, the median Receivables Turnover is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. McGrath RentCorp's current Receivables Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McGrath RentCorp stock overvalued right now?
Based on GuruFocus' analysis, McGrath RentCorp (MGRC) is currently considered Fairly Valued. The stock's GF Value™ is $122.37, compared to a current price of $118.23 — trading 3.4% below its estimated fair value. The current Receivables Turnover is 0.87 and 86% below the Business Services industry median of 6.22. McGrath RentCorp's overall GF Score™ is 91/100 with 5 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 McGrath RentCorp (MGRC), the current Receivables Turnover is 0.87 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 McGrath RentCorp (MGRC) Overvalued in 2026?
Based on GuruFocus' analysis, McGrath RentCorp stock appears to be undervalued.
The current stock price of $118.23 is trading 3.4% below its estimated GF Value™ of $122.37.
GuruFocus considers McGrath RentCorp to be Fairly Valued.
Key valuation signals for MGRC:
Receivables Turnover: 0.87
GF Value™: $122.37 vs. price of $118.23 (3.4% below fair value)
Industry Position: 86% below the Business Services median (#795 of 1062)
No single metric tells the full story. See the MGRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McGrath RentCorp is a diversified business-to-business rental company with three rental divisions: relocatable modular buildings, portable storage containers, and electronic test equipment. It comprises four reportable business segments, namely the Modular Building segment (Mobile Modular), which generates maximum revenue; the Portable Storage segment (Portable Storage); the Electronic Test Equipment segment (TRS-RenTelco); and its classroom manufacturing business (Enviroplex), which sells modular buildings used as classrooms in California. The company generates its revenues mainly from the rental of its equipment under operating leases, with sales of equipment occurring in the normal course of business.
91GF Score
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