adidas AGXSWX:ADS 82 Receivables Turnover is 2.13 as of Mar. 2026. GuruFocus rates XSWX:ADS with a GF Score™ of 82/100 and a GF Value™ of CHF191.78 (Modestly Undervalued). Among 1,029 Manufacturing - Apparel & Accessories companies, adidas AG ranks better than 58.31% 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. adidas AG's Revenue for the
three
months ended in Mar. 2026 was CHF6,000 Mil. adidas AG's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF2,819 Mil.
Hence, adidas AG's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.13.
adidas AG (XSWX:ADS) 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.
adidas AG Receivables Turnover Related Terms
adidas AG Receivables Turnover Historical Data
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The historical data trend for adidas AG'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.
XSWX:ADS vs NKE, DECK, ONON: Receivables Turnover Comparison
For the Footwear & Accessories subindustry, adidas AG'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.
adidas AG Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, adidas AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where adidas AG'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.
adidas AG (XSWX:ADS) has a Receivables Turnover of 2.13 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 adidas AG and its competitors. According to the industry distribution chart, adidas AG ranks #429 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 41.7%.
Is adidas AG's Receivables Turnover too high?
adidas AG's current Receivables Turnover is 2.13. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.97. adidas AG's value of 2.13 is 69.4% below this industry median. Based on the distribution chart, adidas AG ranks #429 out of 1029 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, adidas AG has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does adidas AG's Receivables Turnover compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, adidas AG ranks #429 out of 1029 companies for Receivables Turnover. This puts adidas AG in the upper half of its industry. The industry median Receivables Turnover is 6.97. adidas AG's value of 2.13 is 69.4% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.97, based on 1,029 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. adidas AG's current Receivables Turnover of 2.13 is 69.4% 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 adidas AG and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. adidas AG's current Receivables Turnover is 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is adidas AG stock overvalued right now?
Based on GuruFocus' analysis, adidas AG (XSWX:ADS) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF191.78, compared to a current price of CHF162.00 — trading 15.5% below its estimated fair value. The current Receivables Turnover is 2.13 and 69.4% below the Manufacturing - Apparel & Accessories industry median of 6.97. adidas AG's overall GF Score™ is 82/100. 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 adidas AG (XSWX:ADS), the current Receivables Turnover is 2.13 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 adidas AG (XSWX:ADS) Overvalued in 2026?
Based on GuruFocus' analysis, adidas AG stock appears to be undervalued.
The current stock price of CHF162.00 is trading 15.5% below its estimated GF Value™ of CHF191.78.
GuruFocus considers adidas AG to be Modestly Undervalued.
Key valuation signals for XSWX:ADS:
Receivables Turnover: 2.13
GF Value™: CHF191.78 vs. price of CHF162.00 (15.5% below fair value)
Industry Position: 69.4% below the Manufacturing - Apparel & Accessories median (#429 of 1029)
No single metric tells the full story. See the XSWX:ADS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adidas designs, develops, produces, and markets athletic and leisure apparel, footwear, accessories, and sports equipment. Under its eponymous brand, it produces apparel for competitive athletics, casual activewear, and casual fashion. Adidas sells its products in more than 160 countries through about 2,000 owned retail stores, 15,000 Adidas-branded franchise stores (including about 8,000 in China), 150,000 wholesale doors, and an owned e-commerce site that is available in 67 countries. The company was founded in 1949 in Germany.
82GF Score
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