SolarMax TechnologySMXT +4.74%17 Receivables Turnover is 1.18 as of Mar. 2026. GuruFocus rates SMXT with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 1,017 Semiconductors companies, SolarMax Technology ranks better than 84.76% 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. SolarMax Technology's Revenue for the
three
months ended in Mar. 2026 was $14.83 Mil. SolarMax Technology's average Accounts Receivable for the
three
months ended in Mar. 2026 was $12.61 Mil.
Hence, SolarMax Technology's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.18.
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.
SolarMax Technology Receivables Turnover Related Terms
SolarMax Technology Receivables Turnover Historical Data
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The historical data trend for SolarMax Technology'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.
SMXT vs ZEO, SUNE, BEEM: Receivables Turnover Comparison
For the Solar subindustry, SolarMax Technology'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.
SolarMax Technology Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, SolarMax Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where SolarMax Technology'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.
SolarMax Technology (SMXT) has a Receivables Turnover of 1.18 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 SolarMax Technology and its competitors. According to the industry distribution chart, SolarMax Technology ranks #155 out of 1017 companies in the Semiconductors industry, placing it in the top 15.2%.
Is SolarMax Technology's Receivables Turnover too high?
SolarMax Technology's current Receivables Turnover is 1.18. The Semiconductors industry median Receivables Turnover is 5.82. SolarMax Technology's value of 1.18 is 79.7% below this industry median. Based on the distribution chart, SolarMax Technology ranks #155 out of 1017 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, SolarMax Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does SolarMax Technology's Receivables Turnover compare to ZEO and SUNE?
According to the Semiconductors industry distribution chart, SolarMax Technology ranks #155 out of 1017 companies for Receivables Turnover. This places SolarMax Technology in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.82. SolarMax Technology's value of 1.18 is 79.7% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 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. SolarMax Technology's current Receivables Turnover of 1.18 is 79.7% 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 SolarMax Technology and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolarMax Technology's current Receivables Turnover is 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarMax Technology stock overvalued right now?
SolarMax Technology (SMXT) has a current Receivables Turnover of 1.18. The current Receivables Turnover is 1.18 and 79.7% below the Semiconductors industry median of 5.82. SolarMax Technology's overall GF Score™ is 17/100 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 SolarMax Technology (SMXT), the current Receivables Turnover is 1.18 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.
SolarMax Technology Inc is an integrated solar and renewable energy company. The United States business includes the sale and installation of photovoltaic and battery backup systems. China operations consist of operating and maintaining solar farm projects and identifying and procuring solar farm projects for resale to third parties. Some of its products are LG Solar Panels, Q-CELL Solar Panels, Panasonic Solar Panels, and others. The company generates a majority of its revenue from solar energy systems.
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