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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. Makstil AD's Revenue for the
three
months ended in Mar. 2025 was MKD2,857 Mil. Makstil AD's average Accounts Receivable for the
three
months ended in Mar. 2025 was MKD198 Mil.
Hence, Makstil AD's Receivables Turnover for the
three
months ended in Mar. 2025 was 14.44.
Makstil AD (XMAE:STIL) 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.
Makstil AD Receivables Turnover Related Terms
Makstil AD Receivables Turnover Historical Data
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The historical data trend for Makstil 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:STIL vs NUE, STLD, RS: Receivables Turnover Comparison
For the Steel subindustry, Makstil 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.
Makstil AD Receivables Turnover vs Steel Industry
For the Steel industry and Basic Materials sector, Makstil AD's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Makstil 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.
Makstil AD (XMAE:STIL) has a Receivables Turnover of 14.44 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 Makstil AD and its competitors.
Is Makstil AD's Receivables Turnover too high?
Makstil AD's current Receivables Turnover is 14.44. The Steel industry median Receivables Turnover is 7.13. Makstil AD's value of 14.44 is 102.5% above this industry median. Overall, Makstil AD has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's Receivables Turnover compare to NUE and STLD?
Makstil AD's Receivables Turnover of 14.44 can be compared against companies in the Steel industry. The industry median Receivables Turnover is 7.13. Makstil AD's value of 14.44 is 102.5% above 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 Steel company?
The median Receivables Turnover among Steel companies is 7.13, based on 605 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. Makstil AD's current Receivables Turnover of 14.44 is 102.5% above 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 Makstil AD and its competitors. For the Steel industry, the median Receivables Turnover is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makstil AD's current Receivables Turnover is 14.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makstil AD stock overvalued right now?
Makstil AD (XMAE:STIL) has a current Receivables Turnover of 14.44. The current Receivables Turnover is 14.44 and 102.5% above the Steel industry median of 7.13. Makstil AD's overall GF Score™ is 80/100. 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 Makstil AD (XMAE:STIL), the current Receivables Turnover is 14.44 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.
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
80GF Score
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