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. Ballard Power Systems's Revenue for the
three
months ended in Mar. 2026 was CHF15.29 Mil. Ballard Power Systems's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF13.48 Mil.
Hence, Ballard Power Systems's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.13.
Ballard Power Systems (XSWX:BLDP) 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.
Ballard Power Systems Receivables Turnover Related Terms
Ballard Power Systems Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Ballard Power Systems'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:BLDP vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Ballard Power Systems'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.
Ballard Power Systems Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems'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.
Ballard Power Systems (XSWX:BLDP) has a Receivables Turnover of 1.13 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 Ballard Power Systems and its competitors. According to the industry distribution chart, Ballard Power Systems ranks #1166 out of 3027 companies in the Industrial Products industry, placing it in the top 38.5%.
Is Ballard Power Systems' Receivables Turnover too high?
Ballard Power Systems' current Receivables Turnover is 1.13. The Industrial Products industry median Receivables Turnover is 4.45. Ballard Power Systems' value of 1.13 is 74.6% below this industry median. Based on the distribution chart, Ballard Power Systems ranks #1166 out of 3027 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ballard Power Systems has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #1166 out of 3027 companies for Receivables Turnover. This puts Ballard Power Systems in the upper half of its industry. The industry median Receivables Turnover is 4.45. Ballard Power Systems' value of 1.13 is 74.6% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,027 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. Ballard Power Systems's current Receivables Turnover of 1.13 is 74.6% 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 Ballard Power Systems and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballard Power Systems's current Receivables Turnover is 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current Receivables Turnover of 1.13. The stock's GF Value™ is CHF2.46, compared to a current price of CHF2.95 — trading 20.1% above its estimated fair value. The current Receivables Turnover is 1.13 and 74.6% below the Industrial Products industry median of 4.45. Ballard Power Systems' overall GF Score™ is 70/100 with 3 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 Ballard Power Systems (XSWX:BLDP), the current Receivables Turnover is 1.13 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 Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?
Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued.
The current stock price of CHF2.95 is trading 20.1% above its estimated GF Value™ of CHF2.46.
Key valuation signals for XSWX:BLDP:
Receivables Turnover: 1.13
GF Value™: CHF2.46 vs. price of CHF2.95 (20.1% above fair value)
Industry Position: 74.6% below the Industrial Products median (#1166 of 3027)
No single metric tells the full story. See the XSWX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
70GF Score
Get the complete analysis for XSWX:BLDP
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
XSWX:BLDP has been successfully added to your 
