AKHOF (Aker Horizons ASA) Receivables Turnover: 0.06 (As of Jun. 2025)

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What is Aker Horizons ASA Receivables Turnover?

Aker Horizons ASA AKHOF +10.00% Receivables Turnover is 0.06 as of Jun. 2025. The stock has 2 warning signs investors should review.

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. Aker Horizons ASA's Revenue for the six months ended in Jun. 2025 was $0.8 Mil. Aker Horizons ASA's average Accounts Receivable for the six months ended in Jun. 2025 was $13.2 Mil. Hence, Aker Horizons ASA's Receivables Turnover for the six months ended in Jun. 2025 was 0.06.


Aker Horizons ASA  (OTCPK:AKHOF) 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.


Aker Horizons ASA Receivables Turnover Related Terms


Aker Horizons ASA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Aker Horizons ASA'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.

Aker Horizons ASA Receivables Turnover Chart

Aker Horizons ASA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Receivables Turnover
Get a 7-Day Free Trial 4.55 3.62 4.29 3.90 6.19

Aker Horizons ASA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.88 0.93 0.00 2.19 0.06

Aker Horizons ASA Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Aker Horizons ASA'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.


Aker Horizons ASA Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Aker Horizons ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Aker Horizons ASA's Receivables Turnover falls into.



Aker Horizons ASA Receivables Turnover Calculation

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

Aker Horizons ASA'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 )
=226.106 / ((47.017 + 26.024) / 2 )
=226.106 / 36.5205
=6.19

Aker Horizons ASA's Receivables Turnover for the quarter that ended in Jun. 2025 is calculated as

Receivables Turnover (Q: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Jun. 2025 )) / count )
=0.796 / ((26.024 + 0.298) / 2 )
=0.796 / 13.161
=0.06

* 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 0.06 mean?
Aker Horizons ASA (AKHOF) has a Receivables Turnover of 0.06 as of Jun. 2025. 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 Aker Horizons ASA and its competitors.
Is Aker Horizons ASA's Receivables Turnover too high?
Aker Horizons ASA's current Receivables Turnover is 0.06. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.73. Aker Horizons ASA's value of 0.06 is 99% below this industry median.
How does Aker Horizons ASA's Receivables Turnover compare to competitors?
Aker Horizons ASA's Receivables Turnover of 0.06 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Receivables Turnover is 5.73. Aker Horizons ASA's value of 0.06 is 99% 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 Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.73, based on 410 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. Aker Horizons ASA's current Receivables Turnover of 0.06 is 99% 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 Aker Horizons ASA and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker Horizons ASA's current Receivables Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker Horizons ASA stock overvalued right now?
Aker Horizons ASA (AKHOF) has a current Receivables Turnover of 0.06. The stock's GF Value™ is $0.88, compared to a current price of $0.01 — trading 99.4% below its estimated fair value. The current Receivables Turnover is 0.06 and 99% below the Utilities - Independent Power Producers industry median of 5.73. 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 Aker Horizons ASA (AKHOF), the current Receivables Turnover is 0.06 as of Jun. 2025. 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.

Aker Horizons ASA Business Description

Address John Strandruds vei 10, Baerum, NOR, NO-1366
Aker Horizons ASA is an investment management company. It invests in and develops companies within renewable energy sectors and other technologies that make material contributions to reducing emissions or promoting sustainable living. The company's reportable segments are Aker Carbon Capture (ACC), Asset Development (AAD), Mainstream Renewable Power (Mainstream), Aker Horizons and holdings, and Others. Company operates in Australia, Norway, USA, Korea, Ireland, Chile, South Africa, Indonesia, Colombia, Uk, Germany, and other.