RNOPF (Renold) Receivables Turnover: 2.92 (As of Mar. 2025)


RNOPF Renold PLC RNOPF
39 GF Score
Price $0.99
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What is Renold Receivables Turnover?

Renold RNOPF -5.89% 39 Receivables Turnover is 2.92 as of Mar. 2025. GuruFocus rates RNOPF with a GF Score™ of 39/100.

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. Renold's Revenue for the six months ended in Mar. 2025 was $157.2 Mil. Renold's average Accounts Receivable for the six months ended in Mar. 2025 was $53.8 Mil. Hence, Renold's Receivables Turnover for the six months ended in Mar. 2025 was 2.92.


Renold  (OTCPK:RNOPF) 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.


Renold Receivables Turnover Related Terms


Renold Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Renold'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.

Renold Receivables Turnover Chart

Renold Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 6.59 6.84 6.94 6.96

Renold Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 3.31 3.17 3.18 3.26 2.92

RNOPF vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Renold'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.


Renold Receivables Turnover vs Industrial Products Industry

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

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


RNOPF
39GF Score
Renold PLC RNOPF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Renold Receivables Turnover Calculation

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

Renold's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=316.667 / ((41.677 + 49.354) / 2 )
=316.667 / 45.5155
=6.96

Renold's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=157.235 / ((58.333 + 49.354) / 2 )
=157.235 / 53.8435
=2.92

* 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 2.92 mean?
Renold (RNOPF) has a Receivables Turnover of 2.92 as of Mar. 2025. 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 Renold and its competitors.
Is Renold's Receivables Turnover too high?
Renold's current Receivables Turnover is 2.92. The Industrial Products industry median Receivables Turnover is 4.45. Renold's value of 2.92 is 34.4% below this industry median. Overall, Renold has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Renold's Receivables Turnover compare to GEV and ETN?
Renold's Receivables Turnover of 2.92 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Renold's value of 2.92 is 34.4% 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 3,024 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. Renold's current Receivables Turnover of 2.92 is 34.4% 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 Renold 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. Renold's current Receivables Turnover is 2.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renold stock overvalued right now?
Renold (RNOPF) has a current Receivables Turnover of 2.92. The current Receivables Turnover is 2.92 and 34.4% below the Industrial Products industry median of 4.45. Renold's overall GF Score™ is 39/100. 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 Renold (RNOPF), the current Receivables Turnover is 2.92 as of Mar. 2025. 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.

Renold Business Description

Address Styal Road, Trident 2, Trident Business Park, Wythenshawe, Manchester, GBR, M22 5XB
Renold PLC is a United Kingdom-based manufacturer of industrial conveyor chains and other machine components. The company's operating segments include: The Chain and The Torque Transmission. Chain segment manufactures and sells power transmission and conveyor chain. It generates maximum revenue from the Chain segment. Geographically, it derives majority of revenue from the Americas and also has a presence in Rest of Europe, Australasia, China, India, and Other countries. The company serves agriculture, forestry and fishing, construction machinery, energy, environmental, food and drink, mining and quarrying and transportation sectors.
39GF Score

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