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. Plug Power's Revenue for the
three
months ended in Mar. 2026 was CHF128.7 Mil. Plug Power's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF95.6 Mil.
Hence, Plug Power's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.35.
Plug Power (XSWX:PLUG) 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.
Plug Power Receivables Turnover Related Terms
Plug Power Receivables Turnover Historical Data
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The historical data trend for Plug Power'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:PLUG vs HAYW, ATKR, TE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Plug Power'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.
Plug Power Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Plug Power's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Plug Power'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.
Plug Power (XSWX:PLUG) has a Receivables Turnover of 1.35 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 Plug Power and its competitors. According to the industry distribution chart, Plug Power ranks #966 out of 3028 companies in the Industrial Products industry, placing it in the top 31.9%.
Is Plug Power's Receivables Turnover too high?
Plug Power's current Receivables Turnover is 1.35. The Industrial Products industry median Receivables Turnover is 4.45. Plug Power's value of 1.35 is 69.7% below this industry median. Based on the distribution chart, Plug Power ranks #966 out of 3028 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Plug Power has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Plug Power's Receivables Turnover compare to HAYW and ATKR?
According to the Industrial Products industry distribution chart, Plug Power ranks #966 out of 3028 companies for Receivables Turnover. This puts Plug Power in the upper half of its industry. The industry median Receivables Turnover is 4.45. Plug Power's value of 1.35 is 69.7% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. Plug Power's current Receivables Turnover of 1.35 is 69.7% 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 Plug Power 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. Plug Power's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Plug Power (XSWX:PLUG) has a current Receivables Turnover of 1.35. The stock's GF Value™ is CHF1.17, compared to a current price of CHF2.15 — trading 83.8% above its estimated fair value. The current Receivables Turnover is 1.35 and 69.7% below the Industrial Products industry median of 4.45. Plug Power's overall GF Score™ is 36/100 with 6 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 Plug Power (XSWX:PLUG), the current Receivables Turnover is 1.35 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 Plug Power (XSWX:PLUG) Overvalued in 2026?
Based on GuruFocus' analysis, Plug Power stock appears to be overvalued.
The current stock price of CHF2.15 is trading 83.8% above its estimated GF Value™ of CHF1.17.
Key valuation signals for XSWX:PLUG:
Receivables Turnover: 1.35
GF Value™: CHF1.17 vs. price of CHF2.15 (83.8% above fair value)
Industry Position: 69.7% below the Industrial Products median (#966 of 3028)
No single metric tells the full story. See the XSWX:PLUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
36GF Score
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