Garmin Ltd's ability to collect accounts receivable sequentially worsen to 7.18, indicating more challenging environment then in the fourth quarter 2025, but still, it is a far cry from any concerns. Garmin Ltd's Accounts Receivable average collection period in the Mar 28 2026 quarter, has increased to 51 days, from 50 days, in the Dec 27 2025 quarter.

If we take a look into Capital Goods sector 100 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1812, from overall ranking in the fourth quarter 2025 at 2079.

What is Receivable Turnover Ratio?
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What is Receivable Turnover Ratio?

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GRMN Receivables Turnover Ratio	(Mar 28 2026) I. Quarter	(Dec 27 2025) IV. Quarter	(Sep 27 2025) III. Quarter	(Jun 28 2025) II. Quarter	(Mar 29 2025) I. Quarter
Y / Y Receivable Change	19.54 %	27.42 %	3.64 %	25 %	13.31 %
Y / Y Revenue Change	14.25 %	16.58 %	11.66 %	20.46 %	11.11 %
Receivable Turnover Ratio (TTM)	7.18	7.23	7.43	7.3	7.37
GRMN's Total Ranking	# 1812	# 2079	# 1826	# 1868	# 1873
Accounts Receivable average collection period days	51	50	49	50	50
Seq. Receivable Change	-24.9 %	31.12 %	-5.44 %	28.39 %	-19.96 %
Seq. Revenue Change	-17.54 %	20.09 %	-2.4 %	18.21 %	-15.87 %

Receivable Turnover Company Ranking
Within:	No.
Aerospace & Defense Industry	# 18
Capital Goods Sector	# 101
Overall Market	# 1812

Receivable Turnover Ratio Statistics
High	Average	Low
18.81	7.11	4.98
(Sep. 30, 2012)		(Dec 28 2013)

GRMN Company Profile • Back to GRMN Efficiency Comparisons • Compare GRMN Receivables Turnover Ratio to its Competitors

Financial Statements
Garmin Ltd's Accounts Receivable	$ 941 Millions	Visit GRMN's Balance sheet
Garmin Ltd's Sales TTM	$ 7,464 Millions	Visit GRMN's Income Statement
Sources of GRMN's Revenues		Visit GRMN's Sales by Geography

Other Accounts Receivable Turnover Ratios
Aerospace & Defense Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
GRMN's Receivable Turnover Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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GRMN's Growth Rates	GRMN's Roa	GRMN's Inventory Turnover Ratio	GRMN's Dividend Comparisons
GRMN's Profitability Ratios	GRMN's Roi	GRMN's Asset Turnover Ratio	GRMN's Dividend Growth
GRMN's Valuation Ratios	GRMN's Roe	GRMN's Financial Strength Ratios	GRMN's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 28 2026, within Capital Goods Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 28 2026	Receivable at quarter ending Mar 28 2026
Huntington Ingalls Industries Inc	21.08	$ 12,849.000 Millions	$ 609.500 Millions
KAANAPALI LAND LLC	20.71	$ 21.588 Millions	$ 1.042 Millions
Cavco Industries Inc	20.12	$ 2,243.887 Millions	$ 111.513 Millions
Willis Lease Finance Corp	19.85	$ 766.855 Millions	$ 38.634 Millions
Kb Home	16.16	$ 5,921.448 Millions	$ 366.372 Millions
Fluor Corporation	14.50	$ 15,184.000 Millions	$ 1,047.000 Millions
Momentus Inc	14.48	$ 3.605 Millions	$ 0.249 Millions
Winnebago Industries Inc	14.43	$ 2,911.800 Millions	$ 201.750 Millions
Expion360 Inc	14.00	$ 9.168 Millions	$ 0.655 Millions
Dragonfly Energy Holdings Corp	13.74	$ 53.429 Millions	$ 3.889 Millions
Shimmick Corporation	12.88	$ 458.794 Millions	$ 35.610 Millions
Byrna Technologies Inc	12.60	$ 119.133 Millions	$ 9.452 Millions
Cpi Aerostructures Inc	12.58	$ 70.386 Millions	$ 5.596 Millions
Greystone Logistics Inc	11.96	$ 39.966 Millions	$ 3.342 Millions
Leonardo Drs Inc	11.82	$ 3,695.000 Millions	$ 312.500 Millions
Hillman Solutions Corp	11.58	$ 1,562.954 Millions	$ 134.951 Millions
Rocket Lab Corp	11.55	$ 677.847 Millions	$ 58.706 Millions
Stanley Black and Decker Inc	11.45	$ 15,232.200 Millions	$ 1,330.025 Millions
Redwire Corporation	11.38	$ 371.052 Millions	$ 32.595 Millions
Voyager Technologies Inc	11.29	$ 200.873 Millions	$ 17.794 Millions
Regal Rexnord Corp	11.11	$ 5,995.100 Millions	$ 539.850 Millions
Smith and Wesson Brands Inc	10.95	$ 523.401 Millions	$ 47.790 Millions
Arts Way Manufacturing Co Inc	10.30	$ 24.475 Millions	$ 2.375 Millions
Textron Inc	10.16	$ 15,188.000 Millions	$ 1,494.250 Millions
Mastec Inc	9.78	$ 15,281.083 Millions	$ 1,562.903 Millions
Joby Aviation Inc	9.52	$ 77.671 Millions	$ 8.163 Millions
Wabash National Corporation	9.51	$ 1,464.333 Millions	$ 153.992 Millions
Willdan Group inc	9.47	$ 683.177 Millions	$ 72.176 Millions
Compx International inc	9.38	$ 158.268 Millions	$ 16.875 Millions
Taylor Devices Inc	9.38	$ 48.256 Millions	$ 5.147 Millions

Date modified: 2026-08-30T14:51:41+00:00

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