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MerlinMRLN -7.86%6 Receivables Turnover is 0.42 as of Mar. 2026. GuruFocus rates MRLN with a GF Score™ of 6/100. Among 346 Aerospace & Defense companies, Merlin ranks worse than 98.84% 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. Merlin's Revenue for the
three
months ended in Mar. 2026 was $1.00 Mil. Merlin's average Accounts Receivable for the
three
months ended in Mar. 2026 was $2.38 Mil.
Hence, Merlin's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.42.
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.
Merlin Receivables Turnover Related Terms
Merlin Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Merlin'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.
Merlin Receivables Turnover Chart
Merlin Annual Data
Trend
Dec23
Dec24
Receivables Turnover
47.76
4.41
Merlin Quarterly Data
Dec23
Dec24
Mar25
Sep25
Mar26
Receivables Turnover
0.00
3.10
1.62
0.00
0.42
MRLN vs EH, ELMT, RGR: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Merlin'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.
Merlin Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Merlin's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Merlin'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.
Merlin (MRLN) has a Receivables Turnover of 0.42 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 Merlin and its competitors. According to the industry distribution chart, Merlin ranks #342 out of 346 companies in the Aerospace & Defense industry, placing it in the top 98.8%.
Is Merlin's Receivables Turnover too high?
Merlin's current Receivables Turnover is 0.42. The Aerospace & Defense industry median Receivables Turnover is 5.64. Merlin's value of 0.42 is 92.5% below this industry median. Based on the distribution chart, Merlin ranks #342 out of 346 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Merlin has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Merlin's Receivables Turnover compare to EH and ELMT?
According to the Aerospace & Defense industry distribution chart, Merlin ranks #342 out of 346 companies for Receivables Turnover. This places Merlin in the lower half of its industry. The industry median Receivables Turnover is 5.64. Merlin's value of 0.42 is 92.5% 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 5.64, based on 346 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. Merlin's current Receivables Turnover of 0.42 is 92.5% 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 Merlin and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin's current Receivables Turnover is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merlin stock overvalued right now?
Merlin (MRLN) has a current Receivables Turnover of 0.42. The current Receivables Turnover is 0.42 and 92.5% below the Aerospace & Defense industry median of 5.64. Merlin's overall GF Score™ is 6/100. 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 Merlin (MRLN), the current Receivables Turnover is 0.42 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.
Merlin Inc is focused on developing autonomous flight software for legacy and next-generation airborne systems. Its aircraft-agnostic, AI-based software supports takeoff-to-landing autonomous operations for military and civil aviation programs. The company aims to build an AI-based operating software platform intended to support autonomous flight operations across a range of aircraft types.
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