InnovateVATE -10.73%46 Receivables Turnover is 115.81 as of Mar. 2026. GuruFocus rates VATE with a GF Score™ of 46/100 and a GF Value™ of $5.88 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,759 Construction companies, Innovate ranks better than 99.72% 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. Innovate's Revenue for the
three
months ended in Mar. 2026 was $365 Mil. Innovate's average Accounts Receivable for the
three
months ended in Mar. 2026 was $3 Mil.
Hence, Innovate's Receivables Turnover for the
three
months ended in Mar. 2026 was 115.81.
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.
Innovate Receivables Turnover Related Terms
Innovate Receivables Turnover Historical Data
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The historical data trend for Innovate'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.
VATE vs SHIM, ESOA, PHOE: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Innovate'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.
Innovate Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Innovate's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Innovate'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.
Innovate (VATE) has a Receivables Turnover of 115.81 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 Innovate and its competitors. According to the industry distribution chart, Innovate ranks #5 out of 1759 companies in the Construction industry, placing it in the top 0.3%.
Is Innovate's Receivables Turnover too high?
Innovate's current Receivables Turnover is 115.81. The Construction industry median Receivables Turnover is 4.75. Innovate's value of 115.81 is 2338.1% above this industry median. Based on the distribution chart, Innovate ranks #5 out of 1759 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Innovate has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Innovate's Receivables Turnover compare to SHIM and ESOA?
According to the Construction industry distribution chart, Innovate ranks #5 out of 1759 companies for Receivables Turnover. This places Innovate in the top 0% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.75. Innovate's value of 115.81 is 2338.1% above 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 Construction company?
The median Receivables Turnover among Construction companies is 4.75, based on 1,759 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. Innovate's current Receivables Turnover of 115.81 is 2338.1% above 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 Innovate and its competitors. For the Construction industry, the median Receivables Turnover is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovate's current Receivables Turnover is 115.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovate stock overvalued right now?
Based on GuruFocus' analysis, Innovate (VATE) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.88, compared to a current price of $14.81 — trading 151.9% above its estimated fair value. The current Receivables Turnover is 115.81 and 2338.1% above the Construction industry median of 4.75. Innovate's overall GF Score™ is 46/100 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 Innovate (VATE), the current Receivables Turnover is 115.81 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 Innovate (VATE) Overvalued in 2026?
Based on GuruFocus' analysis, Innovate stock appears to be overvalued.
The current stock price of $14.81 is trading 151.9% above its estimated GF Value™ of $5.88.
GuruFocus considers Innovate to be Significantly Overvalued.
Key valuation signals for VATE:
Receivables Turnover: 115.81
GF Value™: $5.88 vs. price of $14.81 (151.9% above fair value)
Industry Position: 2338.1% above the Construction median (#5 of 1759)
No single metric tells the full story. See the VATE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure, Life Sciences and Spectrum, and Other segment. Through its subsidiaries it provides fully integrated structural and steel construction services; supports healthcare and biotechnology product development; and operates Over-The-Air (OTA) broadcasting stations across the United States (U.S.) including Puerto Rico.
46GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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