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. CTT Systems AB's Revenue for the
three
months ended in Mar. 2026 was kr66.1 Mil. CTT Systems AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr75.6 Mil.
Hence, CTT Systems AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.87.
CTT Systems AB (CHIX:CTTs) 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.
CTT Systems AB Receivables Turnover Related Terms
CTT Systems AB Receivables Turnover Historical Data
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The historical data trend for CTT Systems AB'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.
CHIX:CTTS vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, CTT Systems AB'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.
CTT Systems AB Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, CTT Systems AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where CTT Systems AB'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.
CTT Systems AB (CHIX:CTTS) has a Receivables Turnover of 0.87 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 CTT Systems AB and its competitors. According to the industry distribution chart, CTT Systems AB ranks #240 out of 344 companies in the Aerospace & Defense industry, placing it in the top 69.8%.
Is CTT Systems AB's Receivables Turnover too high?
CTT Systems AB's current Receivables Turnover is 0.87. The Aerospace & Defense industry median Receivables Turnover is 5.61. CTT Systems AB's value of 0.87 is 84.5% below this industry median. Based on the distribution chart, CTT Systems AB ranks #240 out of 344 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, CTT Systems AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does CTT Systems AB's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, CTT Systems AB ranks #240 out of 344 companies for Receivables Turnover. This places CTT Systems AB in the lower half of its industry. The industry median Receivables Turnover is 5.61. CTT Systems AB's value of 0.87 is 84.5% 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 Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.61, based on 344 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. CTT Systems AB's current Receivables Turnover of 0.87 is 84.5% 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 CTT Systems AB and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CTT Systems AB's current Receivables Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTT Systems AB stock overvalued right now?
CTT Systems AB (CHIX:CTTS) has a current Receivables Turnover of 0.87. The stock's GF Value™ is kr359.43, compared to a current price of kr194.60 — trading 45.9% below its estimated fair value. The current Receivables Turnover is 0.87 and 84.5% below the Aerospace & Defense industry median of 5.61. CTT Systems AB's overall GF Score™ is 77/100 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 CTT Systems AB (CHIX:CTTS), the current Receivables Turnover is 0.87 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 CTT Systems AB (CHIX:CTTS) Overvalued in 2026?
Based on GuruFocus' analysis, CTT Systems AB stock appears to be undervalued.
The current stock price of kr194.60 is trading 45.9% below its estimated GF Value™ of kr359.43.
Key valuation signals for CHIX:CTTS:
Receivables Turnover: 0.87
GF Value™: kr359.43 vs. price of kr194.60 (45.9% below fair value)
Industry Position: 84.5% below the Aerospace & Defense median (#240 of 344)
No single metric tells the full story. See the CHIX:CTTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair, create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for their existing aircraft fleets. Geographically company generates maximum revenue from USA, Denmark, France, and other regions.
77GF Score
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