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. MI Technovation Bhd's Revenue for the
three
months ended in Mar. 2026 was $42.5 Mil. MI Technovation Bhd's average Accounts Receivable for the
three
months ended in Mar. 2026 was $50.4 Mil.
Hence, MI Technovation Bhd's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.84.
MI Technovation Bhd (OTCPK:MITNF) 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.
MI Technovation Bhd Receivables Turnover Related Terms
MI Technovation Bhd Receivables Turnover Historical Data
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The historical data trend for MI Technovation Bhd'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.
MITNF vs LRCX, AMAT, KLAC: Receivables Turnover Comparison
For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd'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.
MI Technovation Bhd Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, MI Technovation Bhd's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where MI Technovation Bhd'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.
MI Technovation Bhd (MITNF) has a Receivables Turnover of 0.84 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 MI Technovation Bhd and its competitors. According to the industry distribution chart, MI Technovation Bhd ranks #851 out of 1018 companies in the Semiconductors industry, placing it in the top 83.6%.
Is MI Technovation Bhd's Receivables Turnover too high?
MI Technovation Bhd's current Receivables Turnover is 0.84. The Semiconductors industry median Receivables Turnover is 5.82. MI Technovation Bhd's value of 0.84 is 85.6% below this industry median. Based on the distribution chart, MI Technovation Bhd ranks #851 out of 1018 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, MI Technovation Bhd has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does MI Technovation Bhd's Receivables Turnover compare to LRCX and AMAT?
According to the Semiconductors industry distribution chart, MI Technovation Bhd ranks #851 out of 1018 companies for Receivables Turnover. This places MI Technovation Bhd in the lower half of its industry. The industry median Receivables Turnover is 5.82. MI Technovation Bhd's value of 0.84 is 85.6% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. MI Technovation Bhd's current Receivables Turnover of 0.84 is 85.6% 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 MI Technovation Bhd and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MI Technovation Bhd's current Receivables Turnover is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MI Technovation Bhd stock overvalued right now?
MI Technovation Bhd (MITNF) has a current Receivables Turnover of 0.84. The stock's GF Value™ is $0.41, compared to a current price of $0.57 — trading 39% above its estimated fair value. The current Receivables Turnover is 0.84 and 85.6% below the Semiconductors industry median of 5.82. MI Technovation Bhd's overall GF Score™ is 83/100 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 MI Technovation Bhd (MITNF), the current Receivables Turnover is 0.84 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 MI Technovation Bhd (MITNF) Overvalued in 2026?
Based on GuruFocus' analysis, MI Technovation Bhd stock appears to be overvalued.
The current stock price of $0.57 is trading 39% above its estimated GF Value™ of $0.41.
Key valuation signals for MITNF:
Receivables Turnover: 0.84
GF Value™: $0.41 vs. price of $0.57 (39% above fair value)
Industry Position: 85.6% below the Semiconductors median (#851 of 1018)
No single metric tells the full story. See the MITNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MI Technovation Bhd is engaged in the design, development, manufacturing and sales of semiconductor manufacturing equipment, provision of maintenance services and technical support, manufacturing and sales of solder spheres, research and development, manufacturing, sales and marketing of specific process and application in assembly and packaging solutions to customer. Its segments include Semiconductor Equipment Business Unit, Semiconductor Equipment Business Unit, and Semiconductor Solutions Business Unit, and Others. The SEBU is involved in design, manufacturing and sales of semiconductor manufacturing equipment, coupled with integrated Artificial Intelligence (AI) technologies and smart factory automation solutions.
83GF Score
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