Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Lasertec's Revenue for the
three
months ended in Mar. 2026 was 円41,281 Mil. Lasertec's average Accounts Receivable for the
three
months ended in Mar. 2026 was 円18,446 Mil.
Hence, Lasertec's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.24.
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.
Lasertec Receivables Turnover Related Terms
Lasertec Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Lasertec'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.
TSE:6920 vs AMAT, LRCX, KLAC: Receivables Turnover Comparison
For the Semiconductor Equipment & Materials subindustry, Lasertec'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.
Lasertec Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lasertec's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Lasertec'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.
Lasertec (TSE:6920) has a Receivables Turnover of 2.24 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 Lasertec and its competitors. According to the industry distribution chart, Lasertec ranks #112 out of 1018 companies in the Semiconductors industry, placing it in the top 11%.
Is Lasertec's Receivables Turnover too high?
Lasertec's current Receivables Turnover is 2.24. The Semiconductors industry median Receivables Turnover is 5.79. Lasertec's value of 2.24 is 61.3% below this industry median. Based on the distribution chart, Lasertec ranks #112 out of 1018 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Lasertec has a GF Score™ of 98/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lasertec's Receivables Turnover compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Lasertec ranks #112 out of 1018 companies for Receivables Turnover. This places Lasertec in the top 11% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.79. Lasertec's value of 2.24 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 a Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.79, based on 1,018 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. Lasertec's current Receivables Turnover of 2.24 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 Lasertec and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lasertec's current Receivables Turnover is 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lasertec stock overvalued right now?
Based on GuruFocus' analysis, Lasertec (TSE:6920) is currently considered Significantly Overvalued. The stock's GF Value™ is 円31,025.80, compared to a current price of 円40,910.00 — trading 31.9% above its estimated fair value. The current Receivables Turnover is 2.24 and 61.3% below the Semiconductors industry median of 5.79. Lasertec's overall GF Score™ is 98/100 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 Lasertec (TSE:6920), the current Receivables Turnover is 2.24 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 Lasertec (TSE:6920) Overvalued in 2026?
Based on GuruFocus' analysis, Lasertec stock appears to be overvalued.
The current stock price of 円40,910.00 is trading 31.9% above its estimated GF Value™ of 円31,025.80.
GuruFocus considers Lasertec to be Significantly Overvalued.
Key valuation signals for TSE:6920:
Receivables Turnover: 2.24
GF Value™: 円31,025.80 vs. price of 円40,910.00 (31.9% above fair value)
Industry Position: 61.3% below the Semiconductors median (#112 of 1018)
No single metric tells the full story. See the TSE:6920 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lasertec Corp is a Japan-based company mainly engaged in the design, manufacture, and sale of inspection and measurement equipment. The company focuses on providing optical inspection systems and related technologies. The company's main products include semiconductor-related equipment such as photomasks and wafer inspection or measurement systems, SiC wafer inspection equipment for the energy and environment sector, FPD photomask inspection systems, and hybrid laser microscopes.
98GF Score
Get the complete analysis for TSE:6920
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:6920 has been successfully added to your 
