Carel Industries SpA (MIL:CRL) Receivables Turnover: 1.47 (As of Mar. 2026)

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.

MIL:CRL Carel Industries SpA MIL:CRL
97 GF Score
Price €27.70
GF Value €24.02
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Carel Industries SpA Receivables Turnover?

Carel Industries SpA MIL:CRL -1.07% 97 Receivables Turnover is 1.47 as of Mar. 2026. GuruFocus rates MIL:CRL with a GF Score™ of 97/100 and a GF Value™ of €24.02 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,472 Hardware companies, Carel Industries SpA ranks better than 63.47% 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. Carel Industries SpA's Revenue for the three months ended in Mar. 2026 was €172.6 Mil. Carel Industries SpA's average Accounts Receivable for the three months ended in Mar. 2026 was €117.7 Mil. Hence, Carel Industries SpA's Receivables Turnover for the three months ended in Mar. 2026 was 1.47.


Carel Industries SpA  (MIL:CRL) 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.


Carel Industries SpA Receivables Turnover Related Terms


Carel Industries SpA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Carel Industries SpA'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.

Carel Industries SpA Receivables Turnover Chart

Carel Industries SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 6.53 6.71 5.81 6.00

Carel Industries SpA Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 1.45 1.48 1.47 1.52 1.47

MIL:CRL vs APH, GLW, TEL: Receivables Turnover Comparison

For the Electronic Components subindustry, Carel Industries SpA'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.


Carel Industries SpA Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Carel Industries SpA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Carel Industries SpA's Receivables Turnover falls into.


MIL:CRL
97GF Score
Carel Industries SpA MIL:CRL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carel Industries SpA Receivables Turnover Calculation

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

Carel Industries SpA'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 )
=634.163 / ((99.606 + 111.744) / 2 )
=634.163 / 105.675
=6.00

Carel Industries SpA'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 )
=172.606 / ((111.744 + 123.703) / 2 )
=172.606 / 117.7235
=1.47

* 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 1.47 mean?
Carel Industries SpA (MIL:CRL) has a Receivables Turnover of 1.47 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 Carel Industries SpA and its competitors. According to the industry distribution chart, Carel Industries SpA ranks #903 out of 2472 companies in the Hardware industry, placing it in the top 36.5%.
Is Carel Industries SpA's Receivables Turnover too high?
Carel Industries SpA's current Receivables Turnover is 1.47. The Hardware industry median Receivables Turnover is 4.90. Carel Industries SpA's value of 1.47 is 70% below this industry median. Based on the distribution chart, Carel Industries SpA ranks #903 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Carel Industries SpA has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carel Industries SpA's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Carel Industries SpA ranks #903 out of 2472 companies for Receivables Turnover. This puts Carel Industries SpA in the upper half of its industry. The industry median Receivables Turnover is 4.90. Carel Industries SpA's value of 1.47 is 70% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. Carel Industries SpA's current Receivables Turnover of 1.47 is 70% 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 Carel Industries SpA and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carel Industries SpA's current Receivables Turnover is 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carel Industries SpA stock overvalued right now?
Based on GuruFocus' analysis, Carel Industries SpA (MIL:CRL) is currently considered Modestly Overvalued. The stock's GF Value™ is €24.02, compared to a current price of €27.70 — trading 15.3% above its estimated fair value. The current Receivables Turnover is 1.47 and 70% below the Hardware industry median of 4.90. Carel Industries SpA's overall GF Score™ is 97/100 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 Carel Industries SpA (MIL:CRL), the current Receivables Turnover is 1.47 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 Carel Industries SpA (MIL:CRL) Overvalued in 2026?

Based on GuruFocus' analysis, Carel Industries SpA stock appears to be overvalued. The current stock price of €27.70 is trading 15.3% above its estimated GF Value™ of €24.02. GuruFocus considers Carel Industries SpA to be Modestly Overvalued.

Key valuation signals for MIL:CRL:

  • Receivables Turnover: 1.47
  • GF Value™: €24.02 vs. price of €27.70 (15.3% above fair value)
  • GF Score™: 97/100 with 5 warning signs
  • Industry Position: 70% below the Hardware median (#903 of 2472)

No single metric tells the full story. See the MIL:CRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carel Industries SpA Business Description

Other Exchanges CRLm:UK0YQA:UKCIG:Germany
Address Via Dell\'Industria, 11, Brugine, Padova, ITA, 35020
Carel Industries SpA manufactures control systems and humidification for air conditioning and refrigeration. The group provides control solutions for the commercial, industrial, and residential air-conditioning and refrigeration (HVAC/R) markets. Its geographical segments are Europe, the Middle East and Africa, North America, South America, and APAC. The company's industrial applications for the air-conditioning sector are designed for data centers. Its products include programmable controls, room terminals, Isothermal Humidifiers, Sensors and protection devices, Sensors and protection devices, and others. The company derives maximum revenue from Europe, the Middle East, and Africa segment.
97GF Score

Get the complete analysis for MIL:CRL

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

€27.70
Price
€24.02
GF Value