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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. Govena Lighting's Revenue for the
three
months ended in Mar. 2024 was zł0.79 Mil. Govena Lighting's average Accounts Receivable for the
three
months ended in Mar. 2024 was zł1.91 Mil.
Hence, Govena Lighting's Receivables Turnover for the
three
months ended in Mar. 2024 was 0.41.
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.
Govena Lighting Receivables Turnover Related Terms
Govena Lighting Receivables Turnover Historical Data
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The historical data trend for Govena Lighting'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.
WAR:GOV vs HUBB, VRT, NVT: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Govena Lighting'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.
Govena Lighting Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Govena Lighting's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Govena Lighting'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.
Govena Lighting (WAR:GOV) has a Receivables Turnover of 0.41 as of Mar. 2024. 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 Govena Lighting and its competitors.
Is Govena Lighting's Receivables Turnover too high?
Govena Lighting's current Receivables Turnover is 0.41. The Industrial Products industry median Receivables Turnover is 4.45. Govena Lighting's value of 0.41 is 90.8% below this industry median. Overall, Govena Lighting has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Govena Lighting's Receivables Turnover compare to HUBB and VRT?
Govena Lighting's Receivables Turnover of 0.41 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. Govena Lighting's value of 0.41 is 90.8% 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 3,033 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. Govena Lighting's current Receivables Turnover of 0.41 is 90.8% 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 Govena Lighting 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. Govena Lighting's current Receivables Turnover is 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Govena Lighting stock overvalued right now?
Govena Lighting (WAR:GOV) has a current Receivables Turnover of 0.41. The current Receivables Turnover is 0.41 and 90.8% below the Industrial Products industry median of 4.45. Govena Lighting's overall GF Score™ is 36/100. 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 Govena Lighting (WAR:GOV), the current Receivables Turnover is 0.41 as of Mar. 2024. 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.
Govena Lighting SA is a manufacturer of electronics, a contractor of services and a supplier of finished and semi-finished products. It works with lighting-industry customers, manufacturers of electricity meters and cash registers, and with power-industry customers. The products offered by the company include Electronic Transformers, LED power supply, Dimmer, Switches and sockets and LED profiles.
36GF Score
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