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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. Granit AD's Revenue for the
three
months ended in Mar. 2025 was MKD552 Mil. Granit AD's average Accounts Receivable for the
three
months ended in Mar. 2025 was MKD2,062 Mil.
Hence, Granit AD's Receivables Turnover for the
three
months ended in Mar. 2025 was 0.27.
Granit AD (XMAE:GRNT) 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.
Granit AD Receivables Turnover Related Terms
Granit AD Receivables Turnover Historical Data
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The historical data trend for Granit AD'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.
XMAE:GRNT vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Granit AD'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.
Granit AD Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Granit AD's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Granit AD'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.
Granit AD (XMAE:GRNT) has a Receivables Turnover of 0.27 as of Mar. 2025. 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 Granit AD and its competitors.
Is Granit AD's Receivables Turnover too high?
Granit AD's current Receivables Turnover is 0.27. The Construction industry median Receivables Turnover is 4.81. Granit AD's value of 0.27 is 94.4% below this industry median. Overall, Granit AD has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Granit AD's Receivables Turnover compare to PWR and FIX?
Granit AD's Receivables Turnover of 0.27 can be compared against companies in the Construction industry. The industry median Receivables Turnover is 4.81. Granit AD's value of 0.27 is 94.4% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.81, based on 1,767 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. Granit AD's current Receivables Turnover of 0.27 is 94.4% 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 Granit AD and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granit AD's current Receivables Turnover is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granit AD stock overvalued right now?
Granit AD (XMAE:GRNT) has a current Receivables Turnover of 0.27. The current Receivables Turnover is 0.27 and 94.4% below the Construction industry median of 4.81. Granit AD's overall GF Score™ is 59/100. 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 Granit AD (XMAE:GRNT), the current Receivables Turnover is 0.27 as of Mar. 2025. 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.
Granit AD is engaged in the construction of buildings and infrastructure outside Macedonian borders. The company has been active in Libya, Kuwait, Iraq, Russia, Ukraine, Germany, Albania, Bulgaria, Croatia, Bosnia and Herzegovina, Serbia, among others.
59GF Score
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