Kovrov Mechanical Plant PJSC (MIC:KMEZ) Receivables Turnover: 2.27 (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:KMEZ Kovrov Mechanical Plant PJSC MIC:KMEZ
17 GF Score
Price ₽822.00
View Full Analysis

What is Kovrov Mechanical Plant PJSC Receivables Turnover?

Kovrov Mechanical Plant PJSC MIC:KMEZ +1.73% 17 Receivables Turnover is 2.27 as of Jun. 2023. GuruFocus rates MIC:KMEZ with a GF Score™ of 17/100.

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. Kovrov Mechanical Plant PJSC's Revenue for the six months ended in Jun. 2023 was ₽1,026 Mil. Kovrov Mechanical Plant PJSC's average Accounts Receivable for the six months ended in Jun. 2023 was ₽452 Mil. Hence, Kovrov Mechanical Plant PJSC's Receivables Turnover for the six months ended in Jun. 2023 was 2.27.


Kovrov Mechanical Plant PJSC  (MIC:KMEZ) 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.


Kovrov Mechanical Plant PJSC Receivables Turnover Related Terms


Kovrov Mechanical Plant PJSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Kovrov Mechanical Plant PJSC'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.

Kovrov Mechanical Plant PJSC Receivables Turnover Chart

Kovrov Mechanical Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.43 7.97 4.14 3.12 2.98

Kovrov Mechanical Plant PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 2.19 1.20 1.72 1.39 2.27

MIC:KMEZ vs RTX, LMT, BA: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Kovrov Mechanical Plant PJSC'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.


Kovrov Mechanical Plant PJSC Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kovrov Mechanical Plant PJSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Kovrov Mechanical Plant PJSC's Receivables Turnover falls into.


MIC:KMEZ
17GF Score
Kovrov Mechanical Plant PJSC MIC:KMEZ
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kovrov Mechanical Plant PJSC Receivables Turnover Calculation

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

Kovrov Mechanical Plant PJSC's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=2542.594 / ((928.684 + 775.63) / 2 )
=2542.594 / 852.157
=2.98

Kovrov Mechanical Plant PJSC's Receivables Turnover for the quarter that ended in Jun. 2023 is calculated as

Receivables Turnover (Q: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2023 ) / ((Accounts Receivable (Q: Jun. 2022 ) + Accounts Receivable (Q: Jun. 2023 )) / count )
=1025.543 / ((624.794 + 279.064) / 2 )
=1025.543 / 451.929
=2.27

* 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 2.27 mean?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a Receivables Turnover of 2.27 as of Jun. 2023. 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 Kovrov Mechanical Plant PJSC and its competitors.
Is Kovrov Mechanical Plant PJSC's Receivables Turnover too high?
Kovrov Mechanical Plant PJSC's current Receivables Turnover is 2.27. The Aerospace & Defense industry median Receivables Turnover is 5.63. Kovrov Mechanical Plant PJSC's value of 2.27 is 59.7% below this industry median. Overall, Kovrov Mechanical Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kovrov Mechanical Plant PJSC's Receivables Turnover compare to RTX and LMT?
Kovrov Mechanical Plant PJSC's Receivables Turnover of 2.27 can be compared against companies in the Aerospace & Defense industry. The industry median Receivables Turnover is 5.63. Kovrov Mechanical Plant PJSC's value of 2.27 is 59.7% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.63, based on 347 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. Kovrov Mechanical Plant PJSC's current Receivables Turnover of 2.27 is 59.7% 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 Kovrov Mechanical Plant PJSC and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kovrov Mechanical Plant PJSC's current Receivables Turnover is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovrov Mechanical Plant PJSC stock overvalued right now?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a current Receivables Turnover of 2.27. The current Receivables Turnover is 2.27 and 59.7% below the Aerospace & Defense industry median of 5.63. Kovrov Mechanical Plant PJSC's overall GF Score™ is 17/100. 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 Kovrov Mechanical Plant PJSC (MIC:KMEZ), the current Receivables Turnover is 2.27 as of Jun. 2023. 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.

Kovrov Mechanical Plant PJSC Business Description

Address Socialist Street 26, Vladimir Region, Kovrov, RUS
Kovrov Mechanical Plant PJSC is a manufacturer of machinery and equipment for the nuclear power industry. Its product includes Gas centrifuges; Non-nuclear products and others.
17GF Score

Get the complete analysis for MIC:KMEZ

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽822.00
Price