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. Sonova Holding AG's Revenue for the
six
months ended in Mar. 2026 was CHF1,791 Mil. Sonova Holding AG's average Accounts Receivable for the
six
months ended in Mar. 2026 was CHF528 Mil.
Hence, Sonova Holding AG's Receivables Turnover for the
six
months ended in Mar. 2026 was 3.39.
Sonova Holding AG (XSWX:SOON) 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.
Sonova Holding AG Receivables Turnover Related Terms
Sonova Holding AG Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Sonova Holding 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:SOON vs ABT, SYK, MDT: Receivables Turnover Comparison
For the Medical Devices subindustry, Sonova Holding 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.
Sonova Holding AG Receivables Turnover vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Sonova Holding 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.
Sonova Holding AG (XSWX:SOON) has a Receivables Turnover of 3.39 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 Sonova Holding AG and its competitors. According to the industry distribution chart, Sonova Holding AG ranks #294 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 36.2%.
Is Sonova Holding AG's Receivables Turnover too high?
Sonova Holding AG's current Receivables Turnover is 3.39. The Medical Devices & Instruments industry median Receivables Turnover is 5.53. Sonova Holding AG's value of 3.39 is 38.7% below this industry median. Based on the distribution chart, Sonova Holding AG ranks #294 out of 812 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Sonova Holding AG has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonova Holding AG's Receivables Turnover compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sonova Holding AG ranks #294 out of 812 companies for Receivables Turnover. This puts Sonova Holding AG in the upper half of its industry. The industry median Receivables Turnover is 5.53. Sonova Holding AG's value of 3.39 is 38.7% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.53, based on 812 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. Sonova Holding AG's current Receivables Turnover of 3.39 is 38.7% 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 Sonova Holding AG and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonova Holding AG's current Receivables Turnover is 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonova Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Sonova Holding AG (XSWX:SOON) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF250.09, compared to a current price of CHF207.40 — trading 17.1% below its estimated fair value. The current Receivables Turnover is 3.39 and 38.7% below the Medical Devices & Instruments industry median of 5.53. Sonova Holding AG's overall GF Score™ is 92/100 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 Sonova Holding AG (XSWX:SOON), the current Receivables Turnover is 3.39 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 Sonova Holding AG (XSWX:SOON) Overvalued in 2026?
Based on GuruFocus' analysis, Sonova Holding AG stock appears to be undervalued.
The current stock price of CHF207.40 is trading 17.1% below its estimated GF Value™ of CHF250.09.
GuruFocus considers Sonova Holding AG to be Modestly Undervalued.
Key valuation signals for XSWX:SOON:
Receivables Turnover: 3.39
GF Value™: CHF250.09 vs. price of CHF207.40 (17.1% below fair value)
Industry Position: 38.7% below the Medical Devices & Instruments median (#294 of 812)
No single metric tells the full story. See the XSWX:SOON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants and audio technologies.
92GF Score
Get the complete analysis for XSWX:SOON
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:SOON has been successfully added to your 
