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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. Enphase Energy's Revenue for the
three
months ended in Mar. 2026 was CHF223 Mil. Enphase Energy's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF169 Mil.
Hence, Enphase Energy's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.32.
Enphase Energy (XSWX:ENPH) 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.
Enphase Energy Receivables Turnover Related Terms
Enphase Energy Receivables Turnover Historical Data
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The historical data trend for Enphase Energy'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:ENPH vs RUN, SEDG, SHLS: Receivables Turnover Comparison
For the Solar subindustry, Enphase Energy'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.
Enphase Energy Receivables Turnover vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Enphase Energy'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.
Enphase Energy (XSWX:ENPH) has a Receivables Turnover of 1.32 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 Enphase Energy and its competitors. According to the industry distribution chart, Enphase Energy ranks #473 out of 1018 companies in the Semiconductors industry, placing it in the top 46.5%.
Is Enphase Energy's Receivables Turnover too high?
Enphase Energy's current Receivables Turnover is 1.32. The Semiconductors industry median Receivables Turnover is 5.82. Enphase Energy's value of 1.32 is 77.3% below this industry median. Based on the distribution chart, Enphase Energy ranks #473 out of 1018 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Enphase Energy has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's Receivables Turnover compare to RUN and SEDG?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #473 out of 1018 companies for Receivables Turnover. This puts Enphase Energy in the upper half of its industry. The industry median Receivables Turnover is 5.82. Enphase Energy's value of 1.32 is 77.3% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,018 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. Enphase Energy's current Receivables Turnover of 1.32 is 77.3% 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 Enphase Energy and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Enphase Energy's current Receivables Turnover is 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enphase Energy stock overvalued right now?
Enphase Energy (XSWX:ENPH) has a current Receivables Turnover of 1.32. The stock's GF Value™ is CHF49.78, compared to a current price of CHF36.13 — trading 27.4% below its estimated fair value. The current Receivables Turnover is 1.32 and 77.3% below the Semiconductors industry median of 5.82. Enphase Energy's overall GF Score™ is 76/100 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 Enphase Energy (XSWX:ENPH), the current Receivables Turnover is 1.32 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 Enphase Energy (XSWX:ENPH) Overvalued in 2026?
Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued.
The current stock price of CHF36.13 is trading 27.4% below its estimated GF Value™ of CHF49.78.
Key valuation signals for XSWX:ENPH:
Receivables Turnover: 1.32
GF Value™: CHF49.78 vs. price of CHF36.13 (27.4% below fair value)
Industry Position: 77.3% below the Semiconductors median (#473 of 1018)
No single metric tells the full story. See the XSWX:ENPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.
76GF Score
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