Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Miris Holding AB's Revenue for the
three
months ended in Mar. 2026 was kr3.44 Mil. Miris Holding AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr3.42 Mil.
Hence, Miris Holding AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.01.
Miris Holding AB (XSAT:MIR) 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.
Miris Holding AB Receivables Turnover Related Terms
Miris Holding AB Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Miris Holding AB'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.
XSAT:MIR vs COHR, KEYS, GRMN: Receivables Turnover Comparison
For the Scientific & Technical Instruments subindustry, Miris Holding AB'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.
Miris Holding AB Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Miris Holding AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Miris Holding AB'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.
Miris Holding AB (XSAT:MIR) has a Receivables Turnover of 1.01 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 Miris Holding AB and its competitors. According to the industry distribution chart, Miris Holding AB ranks #1625 out of 2470 companies in the Hardware industry, placing it in the top 65.8%.
Is Miris Holding AB's Receivables Turnover too high?
Miris Holding AB's current Receivables Turnover is 1.01. The Hardware industry median Receivables Turnover is 4.89. Miris Holding AB's value of 1.01 is 79.3% below this industry median. Based on the distribution chart, Miris Holding AB ranks #1625 out of 2470 companies in the Hardware industry, which is below the industry midpoint. Overall, Miris Holding AB has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's Receivables Turnover compare to COHR and KEYS?
According to the Hardware industry distribution chart, Miris Holding AB ranks #1625 out of 2470 companies for Receivables Turnover. This places Miris Holding AB in the lower half of its industry. The industry median Receivables Turnover is 4.89. Miris Holding AB's value of 1.01 is 79.3% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,470 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. Miris Holding AB's current Receivables Turnover of 1.01 is 79.3% 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 Miris Holding AB and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Miris Holding AB's current Receivables Turnover is 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Based on GuruFocus' analysis, Miris Holding AB (XSAT:MIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr15.26, compared to a current price of kr23.20 — trading 52% above its estimated fair value. The current Receivables Turnover is 1.01 and 79.3% below the Hardware industry median of 4.89. Miris Holding AB's overall GF Score™ is 45/100 with 4 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 Miris Holding AB (XSAT:MIR), the current Receivables Turnover is 1.01 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 Miris Holding AB (XSAT:MIR) Overvalued in 2026?
Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued.
The current stock price of kr23.20 is trading 52% above its estimated GF Value™ of kr15.26.
GuruFocus considers Miris Holding AB to be Significantly Overvalued.
Key valuation signals for XSAT:MIR:
Receivables Turnover: 1.01
GF Value™: kr15.26 vs. price of kr23.20 (52% above fair value)
Industry Position: 79.3% below the Hardware median (#1625 of 2470)
No single metric tells the full story. See the XSAT:MIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
45GF Score
Get the complete analysis for XSAT:MIR
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSAT:MIR has been successfully added to your 
