WatersWAT +2.44%94 Receivables Turnover is 0.98 as of Mar. 2026. GuruFocus rates WAT with a GF Score™ of 94/100 and a GF Value™ of $422.49 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 203 Medical Diagnostics & Research companies, Waters ranks worse than 66.01% 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. Waters's Revenue for the
three
months ended in Mar. 2026 was $1,267 Mil. Waters's average Accounts Receivable for the
three
months ended in Mar. 2026 was $1,291 Mil.
Hence, Waters's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.98.
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.
Waters Receivables Turnover Related Terms
Waters Receivables Turnover Historical Data
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The historical data trend for Waters'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.
WAT vs NTRA, A, IQV: Receivables Turnover Comparison
For the Diagnostics & Research subindustry, Waters'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.
Waters Receivables Turnover vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Waters's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Waters'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.
Waters (WAT) has a Receivables Turnover of 0.98 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 Waters and its competitors. According to the industry distribution chart, Waters ranks #134 out of 203 companies in the Medical Diagnostics & Research industry, placing it in the top 66%.
Is Waters' Receivables Turnover too high?
Waters' current Receivables Turnover is 0.98. The Medical Diagnostics & Research industry median Receivables Turnover is 5.39. Waters' value of 0.98 is 81.8% below this industry median. Based on the distribution chart, Waters ranks #134 out of 203 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Waters has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waters' Receivables Turnover compare to NTRA and A?
According to the Medical Diagnostics & Research industry distribution chart, Waters ranks #134 out of 203 companies for Receivables Turnover. This places Waters in the lower half of its industry. The industry median Receivables Turnover is 5.39. Waters' value of 0.98 is 81.8% 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 a Medical Diagnostics & Research company?
The median Receivables Turnover among Medical Diagnostics & Research companies is 5.39, based on 203 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. Waters's current Receivables Turnover of 0.98 is 81.8% 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 Waters and its competitors. For the Medical Diagnostics & Research industry, the median Receivables Turnover is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waters's current Receivables Turnover is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waters stock overvalued right now?
Based on GuruFocus' analysis, Waters (WAT) is currently considered Modestly Undervalued. The stock's GF Value™ is $422.49, compared to a current price of $377.13 — trading 10.7% below its estimated fair value. The current Receivables Turnover is 0.98 and 81.8% below the Medical Diagnostics & Research industry median of 5.39. Waters' overall GF Score™ is 94/100 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 Waters (WAT), the current Receivables Turnover is 0.98 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 Waters (WAT) Overvalued in 2026?
Based on GuruFocus' analysis, Waters stock appears to be undervalued.
The current stock price of $377.13 is trading 10.7% below its estimated GF Value™ of $422.49.
GuruFocus considers Waters to be Modestly Undervalued.
Key valuation signals for WAT:
Receivables Turnover: 0.98
GF Value™: $422.49 vs. price of $377.13 (10.7% below fair value)
Industry Position: 81.8% below the Medical Diagnostics & Research median (#134 of 203)
No single metric tells the full story. See the WAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waters sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. In early 2026, Waters merged with BD's life science and diagnostics business, which increased its concentration in diagnostics (versus none now) and discovery-related life science tools.
94GF Score
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