VOYG (Voyager Technologies) Receivables Turnover: 1.68 (As of Mar. 2026)

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VOYG Voyager Technologies Inc VOYG
10 GF Score
Price $30.33
! 2 Warning Signs
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What is Voyager Technologies Receivables Turnover?

Voyager Technologies VOYG +2.26% 10 Receivables Turnover is 1.68 as of Mar. 2026. GuruFocus rates VOYG with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 346 Aerospace & Defense companies, Voyager Technologies ranks better than 80.35% 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. Voyager Technologies's Revenue for the three months ended in Mar. 2026 was $35.2 Mil. Voyager Technologies's average Accounts Receivable for the three months ended in Mar. 2026 was $21.0 Mil. Hence, Voyager Technologies's Receivables Turnover for the three months ended in Mar. 2026 was 1.68.


Voyager Technologies  (NYSE:VOYG) 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.


Voyager Technologies Receivables Turnover Related Terms


Voyager Technologies Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Voyager Technologies'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.

Voyager Technologies Receivables Turnover Chart

Voyager Technologies Annual Data
Trend Dec23 Dec24 Dec25
Receivables Turnover
7.97 8.89 7.37

Voyager Technologies Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 4.45 2.71 2.01 1.68

VOYG vs RCAT, HAWK, RDW: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Voyager Technologies'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.


Voyager Technologies Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Voyager Technologies's Receivables Turnover distribution charts can be found below:

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


VOYG
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Voyager Technologies Inc VOYG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Voyager Technologies Receivables Turnover Calculation

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

Voyager Technologies'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 )
=166.419 / ((15.36 + 29.819) / 2 )
=166.419 / 22.5895
=7.37

Voyager Technologies'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 )
=35.246 / ((29.819 + 12.163) / 2 )
=35.246 / 20.991
=1.68

* 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 1.68 mean?
Voyager Technologies (VOYG) has a Receivables Turnover of 1.68 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 Voyager Technologies and its competitors. According to the industry distribution chart, Voyager Technologies ranks #68 out of 346 companies in the Aerospace & Defense industry, placing it in the top 19.7%.
Is Voyager Technologies' Receivables Turnover too high?
Voyager Technologies' current Receivables Turnover is 1.68. The Aerospace & Defense industry median Receivables Turnover is 5.64. Voyager Technologies' value of 1.68 is 70.2% below this industry median. Based on the distribution chart, Voyager Technologies ranks #68 out of 346 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Voyager Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Technologies' Receivables Turnover compare to RCAT and HAWK?
According to the Aerospace & Defense industry distribution chart, Voyager Technologies ranks #68 out of 346 companies for Receivables Turnover. This places Voyager Technologies in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.64. Voyager Technologies' value of 1.68 is 70.2% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 346 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. Voyager Technologies's current Receivables Turnover of 1.68 is 70.2% 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 Voyager Technologies and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyager Technologies's current Receivables Turnover is 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Technologies stock overvalued right now?
Voyager Technologies (VOYG) has a current Receivables Turnover of 1.68. The current Receivables Turnover is 1.68 and 70.2% below the Aerospace & Defense industry median of 5.64. Voyager Technologies' overall GF Score™ is 10/100 with 2 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 Voyager Technologies (VOYG), the current Receivables Turnover is 1.68 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.

Voyager Technologies Business Description

Other Exchanges 1QH:Germany
Address 1225 17th Street, Suite 1100, Denver, CO, USA, 80202
Voyager Technologies Inc is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. It operates across three primary divisions namely Defense and National Security that provides innovative mission-critical solutions to protect dynamic and contested domains. Pioneer communications technologies, guidance, navigation and controls, signals intelligence and defense systems. Space Solutions delivers space infrastructure, advanced space technology, science systems and mission services that power commercial, academic and government missions from low-Earth orbit to deep space. and Starlab Space Stations is a commercial space station planned to succeed the ISS and provide continued permanent human presence in space.
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