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. SBA Communications's Revenue for the
three
months ended in Mar. 2026 was $703 Mil. SBA Communications's average Accounts Receivable for the
three
months ended in Mar. 2026 was $166 Mil.
Hence, SBA Communications's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.23.
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.
SBA Communications Receivables Turnover Related Terms
SBA Communications Receivables Turnover Historical Data
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The historical data trend for SBA Communications'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.
SBAC vs WY, LAMR, GLPI: Receivables Turnover Comparison
For the REIT - Specialty subindustry, SBA Communications'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.
SBA Communications Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, SBA Communications's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where SBA Communications'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.
SBA Communications (SBAC) has a Receivables Turnover of 4.23 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 SBA Communications and its competitors. According to the industry distribution chart, SBA Communications ranks #306 out of 679 companies in the REITs industry, placing it in the top 45.1%.
Is SBA Communications' Receivables Turnover too high?
SBA Communications' current Receivables Turnover is 4.23. The REITs industry median Receivables Turnover is 15.91. SBA Communications' value of 4.23 is 73.4% below this industry median. Based on the distribution chart, SBA Communications ranks #306 out of 679 companies in the REITs industry, which is above the industry midpoint. Overall, SBA Communications has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' Receivables Turnover compare to WY and LAMR?
According to the REITs industry distribution chart, SBA Communications ranks #306 out of 679 companies for Receivables Turnover. This puts SBA Communications in the upper half of its industry. The industry median Receivables Turnover is 15.91. SBA Communications' value of 4.23 is 73.4% 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 a REITs company?
The median Receivables Turnover among REITs companies is 15.91, based on 679 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. SBA Communications's current Receivables Turnover of 4.23 is 73.4% 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 SBA Communications and its competitors. For the REITs industry, the median Receivables Turnover is 15.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBA Communications's current Receivables Turnover is 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBA Communications stock overvalued right now?
Based on GuruFocus' analysis, SBA Communications (SBAC) is currently considered Modestly Undervalued. The stock's GF Value™ is $233.24, compared to a current price of $183.16 — trading 21.5% below its estimated fair value. The current Receivables Turnover is 4.23 and 73.4% below the REITs industry median of 15.91. SBA Communications' overall GF Score™ is 85/100 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 SBA Communications (SBAC), the current Receivables Turnover is 4.23 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 SBA Communications (SBAC) Overvalued in 2026?
Based on GuruFocus' analysis, SBA Communications stock appears to be undervalued.
The current stock price of $183.16 is trading 21.5% below its estimated GF Value™ of $233.24.
GuruFocus considers SBA Communications to be Modestly Undervalued.
Key valuation signals for SBAC:
Receivables Turnover: 4.23
GF Value™: $233.24 vs. price of $183.16 (21.5% below fair value)
Industry Position: 73.4% below the REITs median (#306 of 679)
No single metric tells the full story. See the SBAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
85GF Score
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