NexGelNXGL -4.71%60 Receivables Turnover is 3.97 as of Mar. 2026. GuruFocus rates NXGL with a GF Score™ of 60/100 and a GF Value™ of $4.38 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 813 Medical Devices & Instruments companies, NexGel ranks better than 93.85% 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. NexGel's Revenue for the
three
months ended in Mar. 2026 was $2.65 Mil. NexGel's average Accounts Receivable for the
three
months ended in Mar. 2026 was $0.67 Mil.
Hence, NexGel's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.97.
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.
NexGel Receivables Turnover Related Terms
NexGel Receivables Turnover Historical Data
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The historical data trend for NexGel'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.
NXGL vs LUCY, CBSC, RSCF: Receivables Turnover Comparison
For the Medical Instruments & Supplies subindustry, NexGel'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.
NexGel Receivables Turnover vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, NexGel's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where NexGel'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.
NexGel (NXGL) has a Receivables Turnover of 3.97 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 NexGel and its competitors. According to the industry distribution chart, NexGel ranks #50 out of 813 companies in the Medical Devices & Instruments industry, placing it in the top 6.2%.
Is NexGel's Receivables Turnover too high?
NexGel's current Receivables Turnover is 3.97. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. NexGel's value of 3.97 is 27.9% below this industry median. Based on the distribution chart, NexGel ranks #50 out of 813 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, NexGel has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NexGel's Receivables Turnover compare to LUCY and CBSC?
According to the Medical Devices & Instruments industry distribution chart, NexGel ranks #50 out of 813 companies for Receivables Turnover. This places NexGel in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.51. NexGel's value of 3.97 is 27.9% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 813 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. NexGel's current Receivables Turnover of 3.97 is 27.9% 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 NexGel and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexGel's current Receivables Turnover is 3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGel stock overvalued right now?
Based on GuruFocus' analysis, NexGel (NXGL) is currently considered Possible Value Trap. The stock's GF Value™ is $4.38, compared to a current price of $0.49 — trading 88.8% below its estimated fair value. The current Receivables Turnover is 3.97 and 27.9% below the Medical Devices & Instruments industry median of 5.51. NexGel's overall GF Score™ is 60/100 with 5 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 NexGel (NXGL), the current Receivables Turnover is 3.97 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 NexGel (NXGL) Overvalued in 2026?
Based on GuruFocus' analysis, NexGel stock appears to be undervalued.
The current stock price of $0.49 is trading 88.8% below its estimated GF Value™ of $4.38.
GuruFocus considers NexGel to be Possible Value Trap.
Key valuation signals for NXGL:
Receivables Turnover: 3.97
GF Value™: $4.38 vs. price of $0.49 (88.8% below fair value)
Industry Position: 27.9% below the Medical Devices & Instruments median (#50 of 813)
No single metric tells the full story. See the NXGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NexGel Inc manufactures high water content, electron beam cross-linked, aqueous polymer hydrogels, or gels, used for wound care, medical diagnostics, transdermal drug delivery, and cosmetics. The company specializes in custom gels by capitalizing on proprietary manufacturing technologies. The gels and consumer products are manufactured using proprietary and non-proprietary mixing, coating and cross-linking technologies.
60GF Score
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