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. Nasdaq's Revenue for the
three
months ended in Mar. 2026 was CHF1,682 Mil. Nasdaq's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF763 Mil.
Hence, Nasdaq's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.20.
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.
Nasdaq Receivables Turnover Related Terms
Nasdaq Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Nasdaq'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:NDAQ vs MSCI, COIN, CBOE: Receivables Turnover Comparison
For the Financial Data & Stock Exchanges subindustry, Nasdaq'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.
Nasdaq Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Nasdaq's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nasdaq'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.
Nasdaq (XSWX:NDAQ) has a Receivables Turnover of 2.20 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 Nasdaq and its competitors. According to the industry distribution chart, Nasdaq ranks #253 out of 580 companies in the Capital Markets industry, placing it in the top 43.6%.
Is Nasdaq's Receivables Turnover too high?
Nasdaq's current Receivables Turnover is 2.20. The Capital Markets industry median Receivables Turnover is 6.82. Nasdaq's value of 2.20 is 67.7% below this industry median. Based on the distribution chart, Nasdaq ranks #253 out of 580 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Nasdaq has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Nasdaq's Receivables Turnover compare to MSCI and COIN?
According to the Capital Markets industry distribution chart, Nasdaq ranks #253 out of 580 companies for Receivables Turnover. This puts Nasdaq in the upper half of its industry. The industry median Receivables Turnover is 6.82. Nasdaq's value of 2.20 is 67.7% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.82, based on 580 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. Nasdaq's current Receivables Turnover of 2.20 is 67.7% 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 Nasdaq and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nasdaq's current Receivables Turnover is 2.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nasdaq stock overvalued right now?
Nasdaq (XSWX:NDAQ) has a current Receivables Turnover of 2.20. The stock's GF Value™ is CHF61.06, compared to a current price of CHF67.68 — trading 10.8% above its estimated fair value. The current Receivables Turnover is 2.20 and 67.7% below the Capital Markets industry median of 6.82. Nasdaq's overall GF Score™ is 90/100 with 2 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 Nasdaq (XSWX:NDAQ), the current Receivables Turnover is 2.20 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 Nasdaq (XSWX:NDAQ) Overvalued in 2026?
Based on GuruFocus' analysis, Nasdaq stock appears to be overvalued.
The current stock price of CHF67.68 is trading 10.8% above its estimated GF Value™ of CHF61.06.
Key valuation signals for XSWX:NDAQ:
Receivables Turnover: 2.20
GF Value™: CHF61.06 vs. price of CHF67.68 (10.8% above fair value)
Industry Position: 67.7% below the Capital Markets median (#253 of 580)
No single metric tells the full story. See the XSWX:NDAQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as it seeks to become a diversified technology company.
90GF Score
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