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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. ML System's Revenue for the
three
months ended in Mar. 2026 was zł34.8 Mil. ML System's average Accounts Receivable for the
three
months ended in Mar. 2026 was zł59.9 Mil.
Hence, ML System's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.58.
ML System (WAR:MLS) 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.
ML System Receivables Turnover Related Terms
ML System Receivables Turnover Historical Data
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The historical data trend for ML System'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:MLS vs FSLR, NXT, ENPH: Receivables Turnover Comparison
For the Solar subindustry, ML System'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.
ML System Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, ML System's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where ML System'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.
ML System (WAR:MLS) has a Receivables Turnover of 0.58 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 ML System and its competitors. According to the industry distribution chart, ML System ranks #906 out of 1018 companies in the Semiconductors industry, placing it in the top 89%.
Is ML System's Receivables Turnover too high?
ML System's current Receivables Turnover is 0.58. The Semiconductors industry median Receivables Turnover is 5.82. ML System's value of 0.58 is 90% below this industry median. Based on the distribution chart, ML System ranks #906 out of 1018 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, ML System has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ML System's Receivables Turnover compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, ML System ranks #906 out of 1018 companies for Receivables Turnover. This places ML System in the lower half of its industry. The industry median Receivables Turnover is 5.82. ML System's value of 0.58 is 90% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. ML System's current Receivables Turnover of 0.58 is 90% 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 ML System and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ML System's current Receivables Turnover is 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ML System stock overvalued right now?
Based on GuruFocus' analysis, ML System (WAR:MLS) is currently considered Possible Value Trap. The stock's GF Value™ is zł23.79, compared to a current price of zł14.84 — trading 37.6% below its estimated fair value. The current Receivables Turnover is 0.58 and 90% below the Semiconductors industry median of 5.82. ML System's overall GF Score™ is 59/100 with 6 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 ML System (WAR:MLS), the current Receivables Turnover is 0.58 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 ML System (WAR:MLS) Overvalued in 2026?
Based on GuruFocus' analysis, ML System stock appears to be undervalued.
The current stock price of zł14.84 is trading 37.6% below its estimated GF Value™ of zł23.79.
GuruFocus considers ML System to be Possible Value Trap.
Key valuation signals for WAR:MLS:
Receivables Turnover: 0.58
GF Value™: zł23.79 vs. price of zł14.84 (37.6% below fair value)
Industry Position: 90% below the Semiconductors median (#906 of 1018)
No single metric tells the full story. See the WAR:MLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ML System SA is engaged in the design, engineering and production of building-integrated photovoltaic (BIPV) cell systems which generate electrical power from sunlight. It offers Energy Photovoltaics including BIPV modules, BIPV cells, Photovoltaic IGUS, Photovoltaic architecture systems, standard photovoltaic modules and fastening systems. Its other offerings includes Building Management System which includes enegry management systems and security systems.
59GF Score
Get the complete analysis for WAR:MLS
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