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. Evonik Industries AG's Revenue for the
three
months ended in Mar. 2026 was CHF3,119 Mil. Evonik Industries AG's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF1,501 Mil.
Hence, Evonik Industries AG's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.08.
Evonik Industries AG (XSWX:EVK) 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.
Evonik Industries AG Receivables Turnover Related Terms
Evonik Industries AG Receivables Turnover Historical Data
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The historical data trend for Evonik Industries 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:EVK vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Evonik Industries 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.
Evonik Industries AG Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Evonik Industries AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Evonik Industries 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.
Evonik Industries AG (XSWX:EVK) has a Receivables Turnover of 2.08 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 Evonik Industries AG and its competitors. According to the industry distribution chart, Evonik Industries AG ranks #389 out of 1575 companies in the Chemicals industry, placing it in the top 24.7%.
Is Evonik Industries AG's Receivables Turnover too high?
Evonik Industries AG's current Receivables Turnover is 2.08. The Chemicals industry median Receivables Turnover is 5.56. Evonik Industries AG's value of 2.08 is 62.6% below this industry median. Based on the distribution chart, Evonik Industries AG ranks #389 out of 1575 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Evonik Industries AG has a GF Score™ of 16/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Evonik Industries AG's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Evonik Industries AG ranks #389 out of 1575 companies for Receivables Turnover. This places Evonik Industries AG in the top 25% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.56. Evonik Industries AG's value of 2.08 is 62.6% 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 a Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.56, based on 1,575 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. Evonik Industries AG's current Receivables Turnover of 2.08 is 62.6% 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 Evonik Industries AG and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evonik Industries AG's current Receivables Turnover is 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evonik Industries AG stock overvalued right now?
Based on GuruFocus' analysis, Evonik Industries AG (XSWX:EVK) is currently considered Fairly Valued. The stock's GF Value™ is CHF14.43, compared to a current price of CHF14.54 — trading 0.8% above its estimated fair value. The current Receivables Turnover is 2.08 and 62.6% below the Chemicals industry median of 5.56. Evonik Industries AG's overall GF Score™ is 16/100 with 8 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 Evonik Industries AG (XSWX:EVK), the current Receivables Turnover is 2.08 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 Evonik Industries AG (XSWX:EVK) Overvalued in 2026?
Based on GuruFocus' analysis, Evonik Industries AG stock appears to be overvalued.
The current stock price of CHF14.54 is trading 0.8% above its estimated GF Value™ of CHF14.43.
GuruFocus considers Evonik Industries AG to be Fairly Valued.
Key valuation signals for XSWX:EVK:
Receivables Turnover: 2.08
GF Value™: CHF14.43 vs. price of CHF14.54 (0.8% above fair value)
Industry Position: 62.6% below the Chemicals median (#389 of 1575)
No single metric tells the full story. See the XSWX:EVK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evonik Industries AG is a chemicals company that develops and manufactures specialty chemicals and solutions for a wide range of industries. Its products include high-performance polymers, hydrogen peroxide, silicas, additives for coatings and adhesives, and amino acids for animal nutrition. It operates through three segments: Advanced Technologies, which focuses on technology-driven businesses such as high-performance polymers, silicas, and hydrogen peroxide; Custom Solutions, which develops additives, catalysts, and ingredients for personal care and pharmaceutical applications; and Infrastructure, which provides site-related infrastructure services and includes the Oxeno C4 chemicals business. It generates sales across Europe, Middle East & Africa, the Americas, and Asia-Pacific.
16GF Score
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