GEL SpA (MIL:GEL) Receivables Turnover: 1.81 (As of Jun. 2024)

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MIL:GEL GEL SpA MIL:GEL
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What is GEL SpA Receivables Turnover?

GEL SpA MIL:GEL 25 Receivables Turnover is 1.81 as of Jun. 2024. GuruFocus rates MIL:GEL with a GF Score™ of 25/100.

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. GEL SpA's Revenue for the six months ended in Jun. 2024 was €7.71 Mil. GEL SpA's average Accounts Receivable for the six months ended in Jun. 2024 was €4.25 Mil. Hence, GEL SpA's Receivables Turnover for the six months ended in Jun. 2024 was 1.81.


GEL SpA  (MIL:GEL) 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.


GEL SpA Receivables Turnover Related Terms


GEL SpA Receivables Turnover Historical Data

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The historical data trend for GEL 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.

GEL SpA Receivables Turnover Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 3.66 3.38 3.35 3.54

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.47 1.68 1.73 1.81 1.80

MIL:GEL vs VLTO, ZWS, FSS: Receivables Turnover Comparison

For the Pollution & Treatment Controls subindustry, GEL 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.


GEL SpA Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, GEL SpA's Receivables Turnover distribution charts can be found below:

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


MIL:GEL
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GEL SpA MIL:GEL
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GEL SpA Receivables Turnover Calculation

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

GEL SpA's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=15.157 / ((4.692 + 4.349) / 2 )
=15.157 / 4.5205
=3.35

GEL SpA's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=7.708 / ((4.349 + 4.151) / 2 )
=7.708 / 4.25
=1.81

* 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 1.81 mean?
GEL SpA (MIL:GEL) has a Receivables Turnover of 1.81 as of Jun. 2024. 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 GEL SpA and its competitors.
Is GEL SpA's Receivables Turnover too high?
GEL SpA's current Receivables Turnover is 1.81. The Industrial Products industry median Receivables Turnover is 4.45. GEL SpA's value of 1.81 is 59.3% below this industry median. Overall, GEL SpA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GEL SpA's Receivables Turnover compare to VLTO and ZWS?
GEL SpA's Receivables Turnover of 1.81 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. GEL SpA's value of 1.81 is 59.3% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. GEL SpA's current Receivables Turnover of 1.81 is 59.3% 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 GEL SpA and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GEL SpA's current Receivables Turnover is 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEL SpA stock overvalued right now?
GEL SpA (MIL:GEL) has a current Receivables Turnover of 1.81. The current Receivables Turnover is 1.81 and 59.3% below the Industrial Products industry median of 4.45. GEL SpA's overall GF Score™ is 25/100. 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 GEL SpA (MIL:GEL), the current Receivables Turnover is 1.81 as of Jun. 2024. 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.

GEL SpA Business Description

Address Via Enzo Ferrari 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, disinfectants, softeners, dosers, mud removers, conditioners, and other water treatment products to its clients. In addition, it provides water treatment services for the following divisions; Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.
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