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. Meritage Hospitality Group's Revenue for the
three
months ended in Mar. 2026 was $132.6 Mil. Meritage Hospitality Group's average Accounts Receivable for the
three
months ended in Mar. 2026 was $6.4 Mil.
Hence, Meritage Hospitality Group's Receivables Turnover for the
three
months ended in Mar. 2026 was 20.68.
Meritage Hospitality Group (OTCPK:MHGU) 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.
Meritage Hospitality Group Receivables Turnover Related Terms
Meritage Hospitality Group Receivables Turnover Historical Data
* 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.
Meritage Hospitality Group Receivables Turnover Chart
MHGU vs ARKR, NROM, GTIM: Receivables Turnover Comparison
For the Restaurants subindustry, Meritage Hospitality Group'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.
Meritage Hospitality Group Receivables Turnover vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, Meritage Hospitality Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Meritage Hospitality Group'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.
Meritage Hospitality Group (MHGU) has a Receivables Turnover of 20.68 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 Meritage Hospitality Group and its competitors. According to the industry distribution chart, Meritage Hospitality Group ranks #40 out of 353 companies in the Restaurants industry, placing it in the top 11.3%.
Is Meritage Hospitality Group's Receivables Turnover too high?
Meritage Hospitality Group's current Receivables Turnover is 20.68. The Restaurants industry median Receivables Turnover is 29.33. Meritage Hospitality Group's value of 20.68 is 29.5% below this industry median. Based on the distribution chart, Meritage Hospitality Group ranks #40 out of 353 companies in the Restaurants industry, which is in the top quartile — a strong position relative to peers. Overall, Meritage Hospitality Group has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meritage Hospitality Group's Receivables Turnover compare to ARKR and NROM?
According to the Restaurants industry distribution chart, Meritage Hospitality Group ranks #40 out of 353 companies for Receivables Turnover. This places Meritage Hospitality Group in the top 11% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 29.33. Meritage Hospitality Group's value of 20.68 is 29.5% 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 Restaurants company?
The median Receivables Turnover among Restaurants companies is 29.33, based on 353 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. Meritage Hospitality Group's current Receivables Turnover of 20.68 is 29.5% 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 Meritage Hospitality Group and its competitors. For the Restaurants industry, the median Receivables Turnover is 29.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meritage Hospitality Group's current Receivables Turnover is 20.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meritage Hospitality Group stock overvalued right now?
Based on GuruFocus' analysis, Meritage Hospitality Group (MHGU) is currently considered Possible Value Trap. The stock's GF Value™ is $17.19, compared to a current price of $2.35 — trading 86.3% below its estimated fair value. The current Receivables Turnover is 20.68 and 29.5% below the Restaurants industry median of 29.33. Meritage Hospitality Group's overall GF Score™ is 51/100 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 Meritage Hospitality Group (MHGU), the current Receivables Turnover is 20.68 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 Meritage Hospitality Group (MHGU) Overvalued in 2026?
Based on GuruFocus' analysis, Meritage Hospitality Group stock appears to be undervalued.
The current stock price of $2.35 is trading 86.3% below its estimated GF Value™ of $17.19.
GuruFocus considers Meritage Hospitality Group to be Possible Value Trap.
Key valuation signals for MHGU:
Receivables Turnover: 20.68
GF Value™: $17.19 vs. price of $2.35 (86.3% below fair value)
Industry Position: 29.5% below the Restaurants median (#40 of 353)
No single metric tells the full story. See the MHGU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meritage Hospitality Group Inc is engaged in operating quick-service and casual dining restaurants across various states in the United States. It operates Wendy's quick-service restaurants across various states under franchise agreements with its franchisor. It also operates independent restaurants under three concepts throughout Michigan, which include Morning Belle restaurants, Stan's Tacos restaurant, and Blue Porch Bar & Grill restaurant. It is focused on the future development and long-term growth of its Morning Belle brand.
51GF Score
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