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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. FORTEC Elektronik AG's Revenue for the
three
months ended in Mar. 2026 was €21.29 Mil. FORTEC Elektronik AG's average Accounts Receivable for the
three
months ended in Mar. 2026 was €9.39 Mil.
Hence, FORTEC Elektronik AG's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.27.
FORTEC Elektronik AG (XTER:FEV) 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.
FORTEC Elektronik AG Receivables Turnover Related Terms
FORTEC Elektronik AG Receivables Turnover Historical Data
* Premium members only.
The historical data trend for FORTEC Elektronik 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.
XTER:FEV vs SNX, ARW, AVT: Receivables Turnover Comparison
For the Electronics & Computer Distribution subindustry, FORTEC Elektronik 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.
FORTEC Elektronik AG Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, FORTEC Elektronik AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where FORTEC Elektronik 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.
FORTEC Elektronik AG (XTER:FEV) has a Receivables Turnover of 2.27 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 FORTEC Elektronik AG and its competitors. According to the industry distribution chart, FORTEC Elektronik AG ranks #473 out of 2472 companies in the Hardware industry, placing it in the top 19.1%.
Is FORTEC Elektronik AG's Receivables Turnover too high?
FORTEC Elektronik AG's current Receivables Turnover is 2.27. The Hardware industry median Receivables Turnover is 4.90. FORTEC Elektronik AG's value of 2.27 is 53.7% below this industry median. Based on the distribution chart, FORTEC Elektronik AG ranks #473 out of 2472 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, FORTEC Elektronik AG has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FORTEC Elektronik AG's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, FORTEC Elektronik AG ranks #473 out of 2472 companies for Receivables Turnover. This places FORTEC Elektronik AG in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.90. FORTEC Elektronik AG's value of 2.27 is 53.7% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. FORTEC Elektronik AG's current Receivables Turnover of 2.27 is 53.7% 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 FORTEC Elektronik AG and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FORTEC Elektronik AG's current Receivables Turnover is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FORTEC Elektronik AG stock overvalued right now?
Based on GuruFocus' analysis, FORTEC Elektronik AG (XTER:FEV) is currently considered Modestly Undervalued. The stock's GF Value™ is €15.80, compared to a current price of €11.85 — trading 25% below its estimated fair value. The current Receivables Turnover is 2.27 and 53.7% below the Hardware industry median of 4.90. FORTEC Elektronik AG's overall GF Score™ is 76/100 with 7 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 FORTEC Elektronik AG (XTER:FEV), the current Receivables Turnover is 2.27 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 FORTEC Elektronik AG (XTER:FEV) Overvalued in 2026?
Based on GuruFocus' analysis, FORTEC Elektronik AG stock appears to be undervalued.
The current stock price of €11.85 is trading 25% below its estimated GF Value™ of €15.80.
GuruFocus considers FORTEC Elektronik AG to be Modestly Undervalued.
Key valuation signals for XTER:FEV:
Receivables Turnover: 2.27
GF Value™: €15.80 vs. price of €11.85 (25% below fair value)
Industry Position: 53.7% below the Hardware median (#473 of 2472)
No single metric tells the full story. See the XTER:FEV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FORTEC Elektronik AG is a Germany based company. It is a system supplier for equipment manufacturers of industrial high-tech products. Its product portfolio includes large format displays, displays with LED backlight, touchscreens, single board computer, embedded motherboards, slot CPU cards, and VacuBond. chassis mount, external power supplies, among others. It has two operating segments: Data visualisation and Power Supplies.
76GF Score
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