SPRQF (SPARQ Systems) Receivables Turnover: 0.30 (As of Mar. 2026)

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SPRQF SPARQ Systems Inc SPRQF
35 GF Score
Price $0.85
GF Value $0.81
Valuation Fairly Valued
! 1 Warning Sign
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What is SPARQ Systems Receivables Turnover?

SPARQ Systems SPRQF 35 Receivables Turnover is 0.30 as of Mar. 2026. GuruFocus rates SPRQF with a GF Score™ of 35/100 and a GF Value™ of $0.81 (Fairly Valued). The stock has 1 warning sign investors should review. Among 3,027 Industrial Products companies, SPARQ Systems ranks worse than 78.72% 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. SPARQ Systems's Revenue for the three months ended in Mar. 2026 was $0.18 Mil. SPARQ Systems's average Accounts Receivable for the three months ended in Mar. 2026 was $0.62 Mil. Hence, SPARQ Systems's Receivables Turnover for the three months ended in Mar. 2026 was 0.30.


SPARQ Systems  (OTCPK:SPRQF) 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.


SPARQ Systems Receivables Turnover Related Terms


SPARQ Systems Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SPARQ Systems'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.

SPARQ Systems Receivables Turnover Chart

SPARQ Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 0.00 0.00 2.49 1.80 1.63

SPARQ Systems Quarterly Data
Dec20 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 0.00 0.23 1.24 0.79 0.30

SPRQF vs VRT, BE: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, SPARQ Systems'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.


SPARQ Systems Receivables Turnover vs Industrial Products Industry

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

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


SPRQF
35GF Score
SPARQ Systems Inc SPRQF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SPARQ Systems Receivables Turnover Calculation

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

SPARQ Systems'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 )
=1.703 / ((1.181 + 0.904) / 2 )
=1.703 / 1.0425
=1.63

SPARQ Systems'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 )
=0.184 / ((0.904 + 0.327) / 2 )
=0.184 / 0.6155
=0.30

* 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 0.30 mean?
SPARQ Systems (SPRQF) has a Receivables Turnover of 0.30 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 SPARQ Systems and its competitors. According to the industry distribution chart, SPARQ Systems ranks #2383 out of 3027 companies in the Industrial Products industry, placing it in the top 78.7%.
Is SPARQ Systems' Receivables Turnover too high?
SPARQ Systems' current Receivables Turnover is 0.30. The Industrial Products industry median Receivables Turnover is 4.45. SPARQ Systems' value of 0.30 is 93.3% below this industry median. Based on the distribution chart, SPARQ Systems ranks #2383 out of 3027 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, SPARQ Systems has a GF Score™ of 35/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPARQ Systems' Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, SPARQ Systems ranks #2383 out of 3027 companies for Receivables Turnover. This places SPARQ Systems in the lower half of its industry. The industry median Receivables Turnover is 4.45. SPARQ Systems' value of 0.30 is 93.3% 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 3,027 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. SPARQ Systems's current Receivables Turnover of 0.30 is 93.3% 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 SPARQ Systems 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. SPARQ Systems's current Receivables Turnover is 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARQ Systems stock overvalued right now?
Based on GuruFocus' analysis, SPARQ Systems (SPRQF) is currently considered Fairly Valued. The stock's GF Value™ is $0.81, compared to a current price of $0.85 — trading 4.4% above its estimated fair value. The current Receivables Turnover is 0.30 and 93.3% below the Industrial Products industry median of 4.45. SPARQ Systems' overall GF Score™ is 35/100 with 1 warning sign 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 SPARQ Systems (SPRQF), the current Receivables Turnover is 0.30 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 SPARQ Systems (SPRQF) Overvalued in 2026?

Based on GuruFocus' analysis, SPARQ Systems stock appears to be overvalued. The current stock price of $0.85 is trading 4.4% above its estimated GF Value™ of $0.81. GuruFocus considers SPARQ Systems to be Fairly Valued.

Key valuation signals for SPRQF:

  • Receivables Turnover: 0.30
  • GF Value™: $0.81 vs. price of $0.85 (4.4% above fair value)
  • GF Score™: 35/100 with 1 warning sign
  • Industry Position: 93.3% below the Industrial Products median (#2383 of 3027)

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


SPARQ Systems Business Description

Other Exchanges SPRQ:Canada
Address Innovation Park, 945 Princess Street, Box 212, Kingston, ON, CAN, K7L 0E9
SPARQ Systems Inc designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. The company has developed a proprietary photovoltaic (PV) solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings. Its products include Quad2, Quad3, Q1200 Microinverter, SparqLinq, SparqVu, and SparqSync. The company derives revenue from the sale of hardware, including microinverters and their associated peripherals.
35GF Score

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

$0.85
Price
$0.81
GF Value