MIAX (Miami International Holdings) Receivables Turnover: 3.61 (As of Mar. 2026)

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MIAX Miami International Holdings Inc MIAX
39 GF Score
Price $42.89
! 2 Warning Signs
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What is Miami International Holdings Receivables Turnover?

Miami International Holdings MIAX +1.08% 39 Receivables Turnover is 3.61 as of Mar. 2026. GuruFocus rates MIAX with a GF Score™ of 39/100. The stock has 2 warning signs investors should review. Among 579 Capital Markets companies, Miami International Holdings ranks better than 66.49% on this metric.

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. Miami International Holdings's Revenue for the three months ended in Mar. 2026 was $370 Mil. Miami International Holdings's average Accounts Receivable for the three months ended in Mar. 2026 was $102 Mil. Hence, Miami International Holdings's Receivables Turnover for the three months ended in Mar. 2026 was 3.61.


Miami International Holdings  (NYSE:MIAX) 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.


Miami International Holdings Receivables Turnover Related Terms


Miami International Holdings Receivables Turnover Historical Data

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The historical data trend for Miami International Holdings'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.

Miami International Holdings Receivables Turnover Chart

Miami International Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 14.50 13.47 17.61 15.14 14.32

Miami International Holdings Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.48 3.32 3.37 3.73 3.61

MIAX vs PJT, LAZ, MKTX: Receivables Turnover Comparison

For the Capital Markets subindustry, Miami International Holdings'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.


Miami International Holdings Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Miami International Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Miami International Holdings's Receivables Turnover falls into.


MIAX
39GF Score
Miami International Holdings Inc MIAX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Miami International Holdings Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Miami International Holdings's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=1364.073 / ((92.415 + 98.107) / 2 )
=1364.073 / 95.261
=14.32

Miami International Holdings's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=369.69 / ((98.107 + 106.85) / 2 )
=369.69 / 102.4785
=3.61

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 3.61 mean?
Miami International Holdings (MIAX) has a Receivables Turnover of 3.61 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 Miami International Holdings and its competitors. According to the industry distribution chart, Miami International Holdings ranks #194 out of 579 companies in the Capital Markets industry, placing it in the top 33.5%.
Is Miami International Holdings' Receivables Turnover too high?
Miami International Holdings' current Receivables Turnover is 3.61. The Capital Markets industry median Receivables Turnover is 6.85. Miami International Holdings' value of 3.61 is 47.3% below this industry median. Based on the distribution chart, Miami International Holdings ranks #194 out of 579 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Miami International Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Miami International Holdings' Receivables Turnover compare to PJT and LAZ?
According to the Capital Markets industry distribution chart, Miami International Holdings ranks #194 out of 579 companies for Receivables Turnover. This puts Miami International Holdings in the upper half of its industry. The industry median Receivables Turnover is 6.85. Miami International Holdings' value of 3.61 is 47.3% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.85, based on 579 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. Miami International Holdings's current Receivables Turnover of 3.61 is 47.3% 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 Miami International Holdings and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miami International Holdings's current Receivables Turnover is 3.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miami International Holdings stock overvalued right now?
Miami International Holdings (MIAX) has a current Receivables Turnover of 3.61. The current Receivables Turnover is 3.61 and 47.3% below the Capital Markets industry median of 6.85. Miami International Holdings' overall GF Score™ is 39/100 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 Miami International Holdings (MIAX), the current Receivables Turnover is 3.61 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.

Miami International Holdings Business Description

Address 7 Roszel Road, Suite 1A, Princeton, NJ, USA, 08540
Miami International Holdings Inc is engaged in operating regulated financial marketplaces across multiple asset classes using proprietary technology platforms. The company operates exchange markets for options, equities, futures, and international listings through its MIAX Exchanges, MIAX Futures Exchange, and the Bermuda Stock Exchange. The company operates through four reportable segments: Options, which provides trading and market data services for listed equity and ETP options; Equities, which provides trading services for U.S. equities and ETPs; Futures, which provides futures trading and clearing services through MIAX Futures; and International, which provides listing services for capital market instruments through the Bermuda Stock Exchange and The International Stock Exchange.
39GF Score

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$42.89
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