Telesat (TSX:TSAT) Receivables Turnover: 1.95 (As of Mar. 2026)

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TSX:TSAT Telesat Corp TSX:TSAT
52 GF Score
Price C$52.81
GF Value C$10.90
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Telesat Receivables Turnover?

Telesat TSX:TSAT -1.35% 52 Receivables Turnover is 1.95 as of Mar. 2026. GuruFocus rates TSX:TSAT with a GF Score™ of 52/100 and a GF Value™ of C$10.90 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,472 Hardware companies, Telesat ranks better than 79.09% 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. Telesat's Revenue for the three months ended in Mar. 2026 was C$87.1 Mil. Telesat's average Accounts Receivable for the three months ended in Mar. 2026 was C$44.7 Mil. Hence, Telesat's Receivables Turnover for the three months ended in Mar. 2026 was 1.95.


Telesat  (TSX:TSAT) 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.


Telesat Receivables Turnover Related Terms


Telesat Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Telesat'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.

Telesat Receivables Turnover Chart

Telesat Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 11.18 12.17 18.34 11.92 10.60

Telesat 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 2.11 1.88 1.94 2.25 1.95

TSX:TSAT vs CSCO, CIEN, MSI: Receivables Turnover Comparison

For the Communication Equipment subindustry, Telesat'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.


Telesat Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Telesat's Receivables Turnover distribution charts can be found below:

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


TSX:TSAT
52GF Score
Telesat Corp TSX:TSAT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Telesat Receivables Turnover Calculation

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

Telesat'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 )
=417.956 / ((48.275 + 30.561) / 2 )
=417.956 / 39.418
=10.60

Telesat'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 )
=87.06 / ((30.561 + 58.823) / 2 )
=87.06 / 44.692
=1.95

* 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 1.95 mean?
Telesat (TSX:TSAT) has a Receivables Turnover of 1.95 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 Telesat and its competitors. According to the industry distribution chart, Telesat ranks #517 out of 2472 companies in the Hardware industry, placing it in the top 20.9%.
Is Telesat's Receivables Turnover too high?
Telesat's current Receivables Turnover is 1.95. The Hardware industry median Receivables Turnover is 4.90. Telesat's value of 1.95 is 60.2% below this industry median. Based on the distribution chart, Telesat ranks #517 out of 2472 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Telesat has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telesat's Receivables Turnover compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Telesat ranks #517 out of 2472 companies for Receivables Turnover. This places Telesat in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.90. Telesat's value of 1.95 is 60.2% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. Telesat's current Receivables Turnover of 1.95 is 60.2% 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 Telesat and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telesat's current Receivables Turnover is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telesat stock overvalued right now?
Based on GuruFocus' analysis, Telesat (TSX:TSAT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$10.90, compared to a current price of C$52.81 — trading 384.5% above its estimated fair value. The current Receivables Turnover is 1.95 and 60.2% below the Hardware industry median of 4.90. Telesat's overall GF Score™ is 52/100 with 7 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 Telesat (TSX:TSAT), the current Receivables Turnover is 1.95 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 Telesat (TSX:TSAT) Overvalued in 2026?

Based on GuruFocus' analysis, Telesat stock appears to be overvalued. The current stock price of C$52.81 is trading 384.5% above its estimated GF Value™ of C$10.90. GuruFocus considers Telesat to be Significantly Overvalued.

Key valuation signals for TSX:TSAT:

  • Receivables Turnover: 1.95
  • GF Value™: C$10.90 vs. price of C$52.81 (384.5% above fair value)
  • GF Score™: 52/100 with 7 warning signs
  • Industry Position: 60.2% below the Hardware median (#517 of 2472)

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


Telesat Business Description

Other Exchanges TSAT:USAZE2:Germany
Address 160 Elgin Street, Ottawa, ON, CAN, K2P 2P7
Telesat Corp is a satellite operator, that provides its customers with mission-critical communications services. It operates in a single operating segment, in which it provides satellite-based services to its broadcast, enterprise, and consulting customers around the world. The company has two operating segments: GEO services (GEO) segment that refers to the operation of the fleet of GEO satellite and LEO services (LEO) segment that refers to the deployment and operation of the Telesat Lightspeed constellation Geographically, it derives a majority of its revenue from Canada. It derives revenue from Broadcast, Enterprise, Consulting, and others.
52GF Score

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

C$52.81
Price
C$10.90
GF Value