MXCLF (MAX Co) Receivables Turnover: 1.76 (As of Mar. 2026)

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MXCLF MAX Co Ltd MXCLF
72 GF Score
Price $2.59
GF Value $1.67
! 4 Warning Signs
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What is MAX Co Receivables Turnover?

MAX Co MXCLF 72 Receivables Turnover is 1.76 as of Mar. 2026. GuruFocus rates MXCLF with a GF Score™ of 72/100 and a GF Value™ of $1.67. The stock has 4 warning signs investors should review. Among 3,028 Industrial Products companies, MAX Co ranks better than 79.99% 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. MAX Co's Revenue for the three months ended in Mar. 2026 was $159.3 Mil. MAX Co's average Accounts Receivable for the three months ended in Mar. 2026 was $90.5 Mil. Hence, MAX Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.76.


MAX Co  (OTCPK:MXCLF) 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.


MAX Co Receivables Turnover Related Terms


MAX Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MAX Co'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.

MAX Co Receivables Turnover Chart

MAX Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.59 6.08 5.90 6.49 6.69

MAX Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.53 1.68 1.65 1.79 1.76

MXCLF vs SNA, RBC, LECO: Receivables Turnover Comparison

For the Tools & Accessories subindustry, MAX Co'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.


MAX Co Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where MAX Co's Receivables Turnover falls into.


MXCLF
72GF Score
MAX Co Ltd MXCLF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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MAX Co Receivables Turnover Calculation

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

MAX Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=627.712 / ((94.453 + 93.091) / 2 )
=627.712 / 93.772
=6.69

MAX Co'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 )
=159.337 / ((87.926 + 93.091) / 2 )
=159.337 / 90.5085
=1.76

* 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 1.76 mean?
MAX Co (MXCLF) has a Receivables Turnover of 1.76 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 MAX Co and its competitors. According to the industry distribution chart, MAX Co ranks #606 out of 3028 companies in the Industrial Products industry, placing it in the top 20%.
Is MAX Co's Receivables Turnover too high?
MAX Co's current Receivables Turnover is 1.76. The Industrial Products industry median Receivables Turnover is 4.45. MAX Co's value of 1.76 is 60.4% below this industry median. Based on the distribution chart, MAX Co ranks #606 out of 3028 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, MAX Co has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does MAX Co's Receivables Turnover compare to SNA and RBC?
According to the Industrial Products industry distribution chart, MAX Co ranks #606 out of 3028 companies for Receivables Turnover. This places MAX Co in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. MAX Co's value of 1.76 is 60.4% 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. MAX Co's current Receivables Turnover of 1.76 is 60.4% 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 MAX Co 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. MAX Co's current Receivables Turnover is 1.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Co stock overvalued right now?
MAX Co (MXCLF) has a current Receivables Turnover of 1.76. The stock's GF Value™ is $1.67, compared to a current price of $2.59 — trading 55.3% above its estimated fair value. The current Receivables Turnover is 1.76 and 60.4% below the Industrial Products industry median of 4.45. MAX Co's overall GF Score™ is 72/100 with 4 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 MAX Co (MXCLF), the current Receivables Turnover is 1.76 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 MAX Co (MXCLF) Overvalued in 2026?

Based on GuruFocus' analysis, MAX Co stock appears to be overvalued. The current stock price of $2.59 is trading 55.3% above its estimated GF Value™ of $1.67.

Key valuation signals for MXCLF:

  • Receivables Turnover: 1.76
  • GF Value™: $1.67 vs. price of $2.59 (55.3% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 60.4% below the Industrial Products median (#606 of 3028)

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


MAX Co Business Description

Other Exchanges 6454:Japan
Address 6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.
72GF Score

Get the complete analysis for MXCLF

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

$2.59
Price
$1.67
GF Value