MYE (Myers Industries) Receivables Turnover: 1.42 (As of Mar. 2026)

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MYE Myers Industries Inc MYE
56 GF Score
Price $30.66
GF Value $15.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Myers Industries Receivables Turnover?

Myers Industries MYE -0.62% 56 Receivables Turnover is 1.42 as of Mar. 2026. GuruFocus rates MYE with a GF Score™ of 56/100 and a GF Value™ of $15.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 392 Packaging & Containers companies, Myers Industries ranks better than 67.09% 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. Myers Industries's Revenue for the three months ended in Mar. 2026 was $164.6 Mil. Myers Industries's average Accounts Receivable for the three months ended in Mar. 2026 was $116.1 Mil. Hence, Myers Industries's Receivables Turnover for the three months ended in Mar. 2026 was 1.42.


Myers Industries  (NYSE:MYE) 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.


Myers Industries Receivables Turnover Related Terms


Myers Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Myers Industries'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.

Myers Industries Receivables Turnover Chart

Myers Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.26 7.93 6.77 7.49 7.04

Myers Industries 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 1.34 1.72 1.74 1.64 1.42

MYE vs OI, TRS, KRT: Receivables Turnover Comparison

For the Packaging & Containers subindustry, Myers Industries'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.


Myers Industries Receivables Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Myers Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Myers Industries's Receivables Turnover falls into.


MYE
56GF Score
Myers Industries Inc MYE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Myers Industries Receivables Turnover Calculation

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

Myers Industries's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=825.742 / ((109.372 + 125.314) / 2 )
=825.742 / 117.343
=7.04

Myers Industries'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 )
=164.58 / ((125.314 + 106.968) / 2 )
=164.58 / 116.141
=1.42

* 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 1.42 mean?
Myers Industries (MYE) has a Receivables Turnover of 1.42 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 Myers Industries and its competitors. According to the industry distribution chart, Myers Industries ranks #129 out of 392 companies in the Packaging & Containers industry, placing it in the top 32.9%.
Is Myers Industries' Receivables Turnover too high?
Myers Industries' current Receivables Turnover is 1.42. The Packaging & Containers industry median Receivables Turnover is 5.45. Myers Industries' value of 1.42 is 73.9% below this industry median. Based on the distribution chart, Myers Industries ranks #129 out of 392 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Myers Industries has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Myers Industries' Receivables Turnover compare to OI and TRS?
According to the Packaging & Containers industry distribution chart, Myers Industries ranks #129 out of 392 companies for Receivables Turnover. This puts Myers Industries in the upper half of its industry. The industry median Receivables Turnover is 5.45. Myers Industries' value of 1.42 is 73.9% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.45, based on 392 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. Myers Industries's current Receivables Turnover of 1.42 is 73.9% 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 Myers Industries and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Myers Industries's current Receivables Turnover is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Myers Industries stock overvalued right now?
Based on GuruFocus' analysis, Myers Industries (MYE) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.06, compared to a current price of $30.66 — trading 103.6% above its estimated fair value. The current Receivables Turnover is 1.42 and 73.9% below the Packaging & Containers industry median of 5.45. Myers Industries' overall GF Score™ is 56/100 with 7 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 Myers Industries (MYE), the current Receivables Turnover is 1.42 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.

Is Myers Industries (MYE) Overvalued in 2026?

Based on GuruFocus' analysis, Myers Industries stock appears to be overvalued. The current stock price of $30.66 is trading 103.6% above its estimated GF Value™ of $15.06. GuruFocus considers Myers Industries to be Significantly Overvalued.

Key valuation signals for MYE:

  • Receivables Turnover: 1.42
  • GF Value™: $15.06 vs. price of $30.66 (103.6% above fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 73.9% below the Packaging & Containers median (#129 of 392)

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


Myers Industries Business Description

Other Exchanges MJF:Germany
Address 1293 South Main Street, Akron, OH, USA, 44301
Myers Industries Inc designs, manufactures, and markets a variety of plastic, metal, and rubber products, including a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products, OEM parts, custom plastic products, consumer fuel containers and tanks for water, fuel and waste handling. It operates through the following segments: The Material Handling segment manufactures a selection of durable plastic reusable products that are used repeatedly during the course of their service life. The Distribution segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive under-vehicle repair, etc. It generates the majority of its revenue from the Material Handling segment.
56GF Score

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

$30.66
Price
$15.06
GF Value