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. Minebea Mitsumi's Revenue for the
three
months ended in Mar. 2026 was $2,723 Mil. Minebea Mitsumi's average Accounts Receivable for the
three
months ended in Mar. 2026 was $2,229 Mil.
Hence, Minebea Mitsumi's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.22.
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.
Minebea Mitsumi Receivables Turnover Related Terms
Minebea Mitsumi Receivables Turnover Historical Data
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The historical data trend for Minebea Mitsumi'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.
MINBY vs APH, GLW: Receivables Turnover Comparison
For the Electronic Components subindustry, Minebea Mitsumi'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.
Minebea Mitsumi Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Minebea Mitsumi's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Minebea Mitsumi'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.
Minebea Mitsumi (MINBY) has a Receivables Turnover of 1.22 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 Minebea Mitsumi and its competitors. According to the industry distribution chart, Minebea Mitsumi ranks #1100 out of 2466 companies in the Hardware industry, placing it in the top 44.6%.
Is Minebea Mitsumi's Receivables Turnover too high?
Minebea Mitsumi's current Receivables Turnover is 1.22. The Hardware industry median Receivables Turnover is 4.90. Minebea Mitsumi's value of 1.22 is 75.1% below this industry median. Based on the distribution chart, Minebea Mitsumi ranks #1100 out of 2466 companies in the Hardware industry, which is above the industry midpoint. Overall, Minebea Mitsumi has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minebea Mitsumi's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Minebea Mitsumi ranks #1100 out of 2466 companies for Receivables Turnover. This puts Minebea Mitsumi in the upper half of its industry. The industry median Receivables Turnover is 4.90. Minebea Mitsumi's value of 1.22 is 75.1% 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 2,466 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. Minebea Mitsumi's current Receivables Turnover of 1.22 is 75.1% 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 Minebea Mitsumi 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. Minebea Mitsumi's current Receivables Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minebea Mitsumi stock overvalued right now?
Based on GuruFocus' analysis, Minebea Mitsumi (MINBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $20.66, compared to a current price of $28.15 — trading 36.2% above its estimated fair value. The current Receivables Turnover is 1.22 and 75.1% below the Hardware industry median of 4.90. Minebea Mitsumi's overall GF Score™ is 65/100 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 Minebea Mitsumi (MINBY), the current Receivables Turnover is 1.22 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 Minebea Mitsumi (MINBY) Overvalued in 2026?
Based on GuruFocus' analysis, Minebea Mitsumi stock appears to be overvalued.
The current stock price of $28.15 is trading 36.2% above its estimated GF Value™ of $20.66.
GuruFocus considers Minebea Mitsumi to be Significantly Overvalued.
Key valuation signals for MINBY:
Receivables Turnover: 1.22
GF Value™: $20.66 vs. price of $28.15 (36.2% above fair value)
Industry Position: 75.1% below the Hardware median (#1100 of 2466)
No single metric tells the full story. See the MINBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Minebea Mitsumi Inc is an electronic components company. The company operates through four segments. The Access Solutions segment handles automotive parts such as key sets, door latches, and handles, as well as industrial equipment parts. The Motor Lighting & Sensing segment offers small motors, electronic devices, optical components, sensing devices, and specialized equipment. The Precision Technologies segment focuses on ultra-precision machined parts, including bearings, pivot assemblies, and aircraft screws. The Semiconductor & Electronics segment provides semiconductor devices, optical devices, mechanical components, power supply components, and smart products. It generates the majority of its revenue from the Semiconductor & Electronics segment.
65GF Score
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