Exel Industries (XPAR:EXE) Receivables Turnover: 2.45 (As of Mar. 2026)

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XPAR:EXE Exel Industries SA XPAR:EXE
67 GF Score
Price €19.60
GF Value €36.80
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Exel Industries Receivables Turnover?

Exel Industries XPAR:EXE +2.62% 67 Receivables Turnover is 2.45 as of Mar. 2026. GuruFocus rates XPAR:EXE with a GF Score™ of 67/100 and a GF Value™ of €36.80 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Exel Industries ranks better than 60% 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. Exel Industries's Revenue for the six months ended in Mar. 2026 was €380.9 Mil. Exel Industries's average Accounts Receivable for the six months ended in Mar. 2026 was €155.3 Mil. Hence, Exel Industries's Receivables Turnover for the six months ended in Mar. 2026 was 2.45.


Exel Industries  (XPAR:EXE) 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.


Exel Industries Receivables Turnover Related Terms


Exel Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Exel Industries'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.

Exel Industries Receivables Turnover Chart

Exel Industries Annual Data
Trend Aug15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.34 6.35 6.45 6.52 6.26

Exel Industries Semi-Annual Data
Feb16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.79 3.51 2.58 3.29 2.45

XPAR:EXE vs CAT, DE, PCAR: Receivables Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Exel Industries'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.


Exel Industries Receivables Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Exel Industries's Receivables Turnover falls into.


XPAR:EXE
67GF Score
Exel Industries SA XPAR:EXE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Exel Industries Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Exel Industries's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=983.01 / ((164.86 + 149.272) / 2 )
=983.01 / 157.066
=6.26

Exel Industries's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=380.862 / ((149.272 + 161.251) / 2 )
=380.862 / 155.2615
=2.45

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 2.45 mean?
Exel Industries (XPAR:EXE) has a Receivables Turnover of 2.45 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 Exel Industries and its competitors. According to the industry distribution chart, Exel Industries ranks #84 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 40%.
Is Exel Industries' Receivables Turnover too high?
Exel Industries' current Receivables Turnover is 2.45. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.97. Exel Industries' value of 2.45 is 50.7% below this industry median. Based on the distribution chart, Exel Industries ranks #84 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Exel Industries has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exel Industries' Receivables Turnover compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Exel Industries ranks #84 out of 210 companies for Receivables Turnover. This puts Exel Industries in the upper half of its industry. The industry median Receivables Turnover is 4.97. Exel Industries' value of 2.45 is 50.7% 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 Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.97, based on 210 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. Exel Industries's current Receivables Turnover of 2.45 is 50.7% 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 Exel Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exel Industries's current Receivables Turnover is 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Industries stock overvalued right now?
Based on GuruFocus' analysis, Exel Industries (XPAR:EXE) is currently considered Significantly Undervalued. The stock's GF Value™ is €36.80, compared to a current price of €19.60 — trading 46.7% below its estimated fair value. The current Receivables Turnover is 2.45 and 50.7% below the Farm & Heavy Construction Machinery industry median of 4.97. Exel Industries' overall GF Score™ is 67/100 with 5 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 Exel Industries (XPAR:EXE), the current Receivables Turnover is 2.45 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 Exel Industries (XPAR:EXE) Overvalued in 2026?

Based on GuruFocus' analysis, Exel Industries stock appears to be undervalued. The current stock price of €19.60 is trading 46.7% below its estimated GF Value™ of €36.80. GuruFocus considers Exel Industries to be Significantly Undervalued.

Key valuation signals for XPAR:EXE:

  • Receivables Turnover: 2.45
  • GF Value™: €36.80 vs. price of €19.60 (46.7% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 50.7% below the Farm & Heavy Construction Machinery median (#84 of 210)

No single metric tells the full story. See the XPAR:EXE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Exel Industries Business Description

Other Exchanges 0NA0:UK8YK:Germany
Address 52, rue de la Victoire, Paris, FRA, 75009
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.
67GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€19.60
Price
€36.80
GF Value