TCOM (Trip.com Group) Receivables Turnover: 1.04 (As of Mar. 2026)


TCOM Trip.com Group Ltd TCOM
79 GF Score
Price $42.80
GF Value $74.90
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Trip.com Group Receivables Turnover?

Trip.com Group TCOM +3.31% 79 Receivables Turnover is 1.04 as of Mar. 2026. GuruFocus rates TCOM with a GF Score™ of 79/100 and a GF Value™ of $74.90 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 833 Travel & Leisure companies, Trip.com Group ranks worse than 87.52% 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. Trip.com Group's Revenue for the three months ended in Mar. 2026 was $2,352 Mil. Trip.com Group's average Accounts Receivable for the three months ended in Mar. 2026 was $2,264 Mil. Hence, Trip.com Group's Receivables Turnover for the three months ended in Mar. 2026 was 1.04.


Trip.com Group  (NAS:TCOM) 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.


Trip.com Group Receivables Turnover Related Terms


Trip.com Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Trip.com Group'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.

Trip.com Group Receivables Turnover Chart

Trip.com Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.62 3.79 5.23 4.42 4.57

Trip.com Group Quarterly Data
Jun21 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 1.07 1.07 1.20 0.98 1.04

TCOM vs EXPE, CCL, NCLH: Receivables Turnover Comparison

For the Travel Services subindustry, Trip.com Group'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.


Trip.com Group Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trip.com Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Trip.com Group's Receivables Turnover falls into.


TCOM
79GF Score
Trip.com Group Ltd TCOM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Trip.com Group Receivables Turnover Calculation

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

Trip.com Group'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 )
=8860.887 / ((1711.237 + 2163.931) / 2 )
=8860.887 / 1937.584
=4.57

Trip.com Group'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 )
=2351.678 / ((2163.931 + 2364.156) / 2 )
=2351.678 / 2264.0435
=1.04

* 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 1.04 mean?
Trip.com Group (TCOM) has a Receivables Turnover of 1.04 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 Trip.com Group and its competitors. According to the industry distribution chart, Trip.com Group ranks #729 out of 833 companies in the Travel & Leisure industry, placing it in the top 87.5%.
Is Trip.com Group's Receivables Turnover too high?
Trip.com Group's current Receivables Turnover is 1.04. The Travel & Leisure industry median Receivables Turnover is 14.09. Trip.com Group's value of 1.04 is 92.6% below this industry median. Based on the distribution chart, Trip.com Group ranks #729 out of 833 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Trip.com Group has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trip.com Group's Receivables Turnover compare to EXPE and CCL?
According to the Travel & Leisure industry distribution chart, Trip.com Group ranks #729 out of 833 companies for Receivables Turnover. This places Trip.com Group in the lower half of its industry. The industry median Receivables Turnover is 14.09. Trip.com Group's value of 1.04 is 92.6% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.09, based on 833 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. Trip.com Group's current Receivables Turnover of 1.04 is 92.6% 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 Trip.com Group and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trip.com Group's current Receivables Turnover is 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trip.com Group stock overvalued right now?
Based on GuruFocus' analysis, Trip.com Group (TCOM) is currently considered Significantly Undervalued. The stock's GF Value™ is $74.90, compared to a current price of $42.80 — trading 42.9% below its estimated fair value. The current Receivables Turnover is 1.04 and 92.6% below the Travel & Leisure industry median of 14.09. Trip.com Group's overall GF Score™ is 79/100 with 2 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 Trip.com Group (TCOM), the current Receivables Turnover is 1.04 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 Trip.com Group (TCOM) Overvalued in 2026?

Based on GuruFocus' analysis, Trip.com Group stock appears to be undervalued. The current stock price of $42.80 is trading 42.9% below its estimated GF Value™ of $74.90. GuruFocus considers Trip.com Group to be Significantly Undervalued.

Key valuation signals for TCOM:

  • Receivables Turnover: 1.04
  • GF Value™: $74.90 vs. price of $42.80 (42.9% below fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 92.6% below the Travel & Leisure median (#729 of 833)

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


Trip.com Group Business Description

Address 30 Raffles Place, No. 29-01, Shanghai, SGP, 048622
Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 79% of sales from accommodation reservations and transportation ticketing in 2024. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international travel, which is important to its margin expansion. Most of sales come from its domestic platform, but the company is expanding its overseas business. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
79GF Score

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

$42.80
Price
$74.90
GF Value