Alpha Adriatic JSC (ZAG:ULPL) Receivables Turnover: 6.72 (As of Mar. 2026)

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ZAG:ULPL Alpha Adriatic JSC ZAG:ULPL
41 GF Score
Price €8.40
GF Value €19.99
Valuation Possible Value Trap
! 1 Warning Sign
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What is Alpha Adriatic JSC Receivables Turnover?

Alpha Adriatic JSC ZAG:ULPL +2.44% 41 Receivables Turnover is 6.72 as of Mar. 2026. GuruFocus rates ZAG:ULPL with a GF Score™ of 41/100 and a GF Value™ of €19.99 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 997 Transportation companies, Alpha Adriatic JSC ranks better than 91.07% on this metric.

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. Alpha Adriatic JSC's Revenue for the three months ended in Mar. 2026 was €3.81 Mil. Alpha Adriatic JSC's average Accounts Receivable for the three months ended in Mar. 2026 was €0.57 Mil. Hence, Alpha Adriatic JSC's Receivables Turnover for the three months ended in Mar. 2026 was 6.72.


Alpha Adriatic JSC  (ZAG:ULPL) 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.


Alpha Adriatic JSC Receivables Turnover Related Terms


Alpha Adriatic JSC Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Alpha Adriatic JSC'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.

Alpha Adriatic JSC Receivables Turnover Chart

Alpha Adriatic JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.89 40.74 27.78 29.67 33.07

Alpha Adriatic JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.77 7.64 16.46 8.48 6.72

ZAG:ULPL vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, Alpha Adriatic JSC'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.


Alpha Adriatic JSC Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Alpha Adriatic JSC's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Alpha Adriatic JSC's Receivables Turnover falls into.


ZAG:ULPL
41GF Score
Alpha Adriatic JSC ZAG:ULPL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Alpha Adriatic JSC Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Alpha Adriatic JSC's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=18.157 / ((0.454 + 0.644) / 2 )
=18.157 / 0.549
=33.07

Alpha Adriatic JSC's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=3.808 / ((0.598 + 0.535) / 2 )
=3.808 / 0.5665
=6.72

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 6.72 mean?
Alpha Adriatic JSC (ZAG:ULPL) has a Receivables Turnover of 6.72 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 Alpha Adriatic JSC and its competitors. According to the industry distribution chart, Alpha Adriatic JSC ranks #89 out of 997 companies in the Transportation industry, placing it in the top 8.9%.
Is Alpha Adriatic JSC's Receivables Turnover too high?
Alpha Adriatic JSC's current Receivables Turnover is 6.72. The Transportation industry median Receivables Turnover is 7.75. Alpha Adriatic JSC's value of 6.72 is 13.3% below this industry median. Based on the distribution chart, Alpha Adriatic JSC ranks #89 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Alpha Adriatic JSC has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alpha Adriatic JSC's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Alpha Adriatic JSC ranks #89 out of 997 companies for Receivables Turnover. This places Alpha Adriatic JSC in the top 9% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.75. Alpha Adriatic JSC's value of 6.72 is 13.3% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.75, based on 997 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. Alpha Adriatic JSC's current Receivables Turnover of 6.72 is 13.3% 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 Alpha Adriatic JSC and its competitors. For the Transportation industry, the median Receivables Turnover is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alpha Adriatic JSC's current Receivables Turnover is 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alpha Adriatic JSC stock overvalued right now?
Based on GuruFocus' analysis, Alpha Adriatic JSC (ZAG:ULPL) is currently considered Possible Value Trap. The stock's GF Value™ is €19.99, compared to a current price of €8.40 — trading 58% below its estimated fair value. The current Receivables Turnover is 6.72 and 13.3% below the Transportation industry median of 7.75. Alpha Adriatic JSC's overall GF Score™ is 41/100 with 1 warning sign 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 Alpha Adriatic JSC (ZAG:ULPL), the current Receivables Turnover is 6.72 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 Alpha Adriatic JSC (ZAG:ULPL) Overvalued in 2026?

Based on GuruFocus' analysis, Alpha Adriatic JSC stock appears to be undervalued. The current stock price of €8.40 is trading 58% below its estimated GF Value™ of €19.99. GuruFocus considers Alpha Adriatic JSC to be Possible Value Trap.

Key valuation signals for ZAG:ULPL:

  • Receivables Turnover: 6.72
  • GF Value™: €19.99 vs. price of €8.40 (58% below fair value)
  • GF Score™: 41/100 with 1 warning sign
  • Industry Position: 13.3% below the Transportation median (#89 of 997)

No single metric tells the full story. See the ZAG:ULPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alpha Adriatic JSC Business Description

Address Carrarina 6, Pula, HRV, 52100
Alpha Adriatic JSC engaged in activities of international maritime transportation of goods in dry bulk and tanker sectors and providing full ship management services for third parties. It has interests in oil and chemical tankers, and bulk carriers and also provides third-party ship management services for oil and chemical tankers.
41GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.40
Price
€19.99
GF Value