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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. GFL Environmental's Revenue for the
three
months ended in Mar. 2026 was C$1,644 Mil. GFL Environmental's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$819 Mil.
Hence, GFL Environmental's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.01.
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.
GFL Environmental Receivables Turnover Related Terms
GFL Environmental Receivables Turnover Historical Data
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The historical data trend for GFL Environmental'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.
TSX:GFL vs CLH, CWST, ONT: Receivables Turnover Comparison
For the Waste Management subindustry, GFL Environmental'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.
GFL Environmental Receivables Turnover vs Waste Management Industry
For the Waste Management industry and Industrials sector, GFL Environmental's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where GFL Environmental'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.
GFL Environmental (TSX:GFL) has a Receivables Turnover of 2.01 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 GFL Environmental and its competitors. According to the industry distribution chart, GFL Environmental ranks #51 out of 234 companies in the Waste Management industry, placing it in the top 21.8%.
Is GFL Environmental's Receivables Turnover too high?
GFL Environmental's current Receivables Turnover is 2.01. The Waste Management industry median Receivables Turnover is 4.70. GFL Environmental's value of 2.01 is 57.2% below this industry median. Based on the distribution chart, GFL Environmental ranks #51 out of 234 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, GFL Environmental has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GFL Environmental's Receivables Turnover compare to CLH and CWST?
According to the Waste Management industry distribution chart, GFL Environmental ranks #51 out of 234 companies for Receivables Turnover. This places GFL Environmental in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.70. GFL Environmental's value of 2.01 is 57.2% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.70, based on 234 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. GFL Environmental's current Receivables Turnover of 2.01 is 57.2% 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 GFL Environmental and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GFL Environmental's current Receivables Turnover is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GFL Environmental stock overvalued right now?
Based on GuruFocus' analysis, GFL Environmental (TSX:GFL) is currently considered Fairly Valued. The stock's GF Value™ is C$59.78, compared to a current price of C$55.26 — trading 7.6% below its estimated fair value. The current Receivables Turnover is 2.01 and 57.2% below the Waste Management industry median of 4.70. GFL Environmental's overall GF Score™ is 68/100 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 GFL Environmental (TSX:GFL), the current Receivables Turnover is 2.01 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 GFL Environmental (TSX:GFL) Overvalued in 2026?
Based on GuruFocus' analysis, GFL Environmental stock appears to be undervalued.
The current stock price of C$55.26 is trading 7.6% below its estimated GF Value™ of C$59.78.
GuruFocus considers GFL Environmental to be Fairly Valued.
Key valuation signals for TSX:GFL:
Receivables Turnover: 2.01
GF Value™: C$59.78 vs. price of C$55.26 (7.6% below fair value)
Industry Position: 57.2% below the Waste Management median (#51 of 234)
No single metric tells the full story. See the TSX:GFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. The company's geographical segments are Canada and the United States. The company derives the majority of its revenue from the United States.
68GF Score
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