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. Thermal Energy International's Revenue for the
three
months ended in Feb. 2026 was $6.91 Mil. Thermal Energy International's average Accounts Receivable for the
three
months ended in Feb. 2026 was $4.02 Mil.
Hence, Thermal Energy International's Receivables Turnover for the
three
months ended in Feb. 2026 was 1.72.
Thermal Energy International (OTCPK:TMGEF) 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.
Thermal Energy International Receivables Turnover Related Terms
Thermal Energy International Receivables Turnover Historical Data
* 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.
Thermal Energy International Receivables Turnover Chart
TMGEF vs VLTO, ZWS, CECO: Receivables Turnover Comparison
For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.
Thermal Energy International Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Thermal Energy International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thermal Energy International'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.
Thermal Energy International (TMGEF) has a Receivables Turnover of 1.72 as of Feb. 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 Thermal Energy International and its competitors. According to the industry distribution chart, Thermal Energy International ranks #427 out of 3024 companies in the Industrial Products industry, placing it in the top 14.1%.
Is Thermal Energy International's Receivables Turnover too high?
Thermal Energy International's current Receivables Turnover is 1.72. The Industrial Products industry median Receivables Turnover is 4.45. Thermal Energy International's value of 1.72 is 61.3% below this industry median. Based on the distribution chart, Thermal Energy International ranks #427 out of 3024 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Thermal Energy International has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thermal Energy International's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Thermal Energy International ranks #427 out of 3024 companies for Receivables Turnover. This places Thermal Energy International in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. Thermal Energy International's value of 1.72 is 61.3% 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 3,024 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. Thermal Energy International's current Receivables Turnover of 1.72 is 61.3% 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 Thermal Energy International 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. Thermal Energy International's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermal Energy International stock overvalued right now?
Based on GuruFocus' analysis, Thermal Energy International (TMGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.16, compared to a current price of $0.11 — trading 31.9% below its estimated fair value. The current Receivables Turnover is 1.72 and 61.3% below the Industrial Products industry median of 4.45. Thermal Energy International's overall GF Score™ is 53/100 with 4 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 Thermal Energy International (TMGEF), the current Receivables Turnover is 1.72 as of Feb. 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 Thermal Energy International (TMGEF) Overvalued in 2026?
Based on GuruFocus' analysis, Thermal Energy International stock appears to be undervalued.
The current stock price of $0.11 is trading 31.9% below its estimated GF Value™ of $0.16.
GuruFocus considers Thermal Energy International to be Possible Value Trap.
Key valuation signals for TMGEF:
Receivables Turnover: 1.72
GF Value™: $0.16 vs. price of $0.11 (31.9% below fair value)
Industry Position: 61.3% below the Industrial Products median (#427 of 3024)
No single metric tells the full story. See the TMGEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
53GF Score
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