ATS (TSX:ATS) Receivables Turnover: 1.27 (As of Mar. 2026)


TSX:ATS ATS Corp TSX:ATS
78 GF Score
Price C$39.89
GF Value C$45.24
Valuation Modestly Undervalued
! 5 Warning Signs
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What is ATS Receivables Turnover?

ATS TSX:ATS +1.71% 78 Receivables Turnover is 1.27 as of Mar. 2026. GuruFocus rates TSX:ATS with a GF Score™ of 78/100 and a GF Value™ of C$45.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,023 Industrial Products companies, ATS ranks better than 57.69% 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. ATS's Revenue for the three months ended in Mar. 2026 was C$747 Mil. ATS's average Accounts Receivable for the three months ended in Mar. 2026 was C$590 Mil. Hence, ATS's Receivables Turnover for the three months ended in Mar. 2026 was 1.27.


ATS  (TSX:ATS) 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.


ATS Receivables Turnover Related Terms


ATS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for ATS'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.

ATS Receivables Turnover Chart

ATS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.88 6.89 6.96 4.25 4.78

ATS 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 0.80 1.19 1.32 1.23 1.27

TSX:ATS vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, ATS'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.


ATS Receivables Turnover vs Industrial Products Industry

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

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


TSX:ATS
78GF Score
ATS Corp TSX:ATS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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ATS Receivables Turnover Calculation

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

ATS's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=2972.932 / ((719.435 + 523.738) / 2 )
=2972.932 / 621.5865
=4.78

ATS'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 )
=747.103 / ((657.006 + 523.738) / 2 )
=747.103 / 590.372
=1.27

* 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 1.27 mean?
ATS (TSX:ATS) has a Receivables Turnover of 1.27 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 ATS and its competitors. According to the industry distribution chart, ATS ranks #1279 out of 3023 companies in the Industrial Products industry, placing it in the top 42.3%.
Is ATS's Receivables Turnover too high?
ATS's current Receivables Turnover is 1.27. The Industrial Products industry median Receivables Turnover is 4.45. ATS's value of 1.27 is 71.5% below this industry median. Based on the distribution chart, ATS ranks #1279 out of 3023 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ATS has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ATS's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ATS ranks #1279 out of 3023 companies for Receivables Turnover. This puts ATS in the upper half of its industry. The industry median Receivables Turnover is 4.45. ATS's value of 1.27 is 71.5% 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 3,023 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. ATS's current Receivables Turnover of 1.27 is 71.5% 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 ATS 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. ATS's current Receivables Turnover is 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATS stock overvalued right now?
Based on GuruFocus' analysis, ATS (TSX:ATS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$45.24, compared to a current price of C$39.89 — trading 11.8% below its estimated fair value. The current Receivables Turnover is 1.27 and 71.5% below the Industrial Products industry median of 4.45. ATS's overall GF Score™ is 78/100 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 ATS (TSX:ATS), the current Receivables Turnover is 1.27 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 ATS (TSX:ATS) Overvalued in 2026?

Based on GuruFocus' analysis, ATS stock appears to be undervalued. The current stock price of C$39.89 is trading 11.8% below its estimated GF Value™ of C$45.24. GuruFocus considers ATS to be Modestly Undervalued.

Key valuation signals for TSX:ATS:

  • Receivables Turnover: 1.27
  • GF Value™: C$45.24 vs. price of C$39.89 (11.8% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 71.5% below the Industrial Products median (#1279 of 3023)

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


ATS Business Description

Other Exchanges ATS:USAATO0:Germany
Address 730 Fountain Street North, Building 3, Cambridge, ON, CAN, N3H 4R7
ATS Corp is an industry leader in planning, designing, building, commissioning and servicing automated manufacturing systems - including automation products and test solutions - for a broadly diversified base of customers. The Company's operations are reported as one operating segment, Automation Systems, which plans, allocates resources, builds capabilities and implements practices on a world'wide basis. The company has presence in Canada, United States, Germany, Italy, Other Europe, and Other.
78GF Score

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

C$39.89
Price
C$45.24
GF Value