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. Evolution AB's Revenue for the
three
months ended in Mar. 2026 was kr5,526 Mil. Evolution AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr4,801 Mil.
Hence, Evolution AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.15.
Evolution AB (CHIX:EVOs) 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.
Evolution AB Receivables Turnover Related Terms
Evolution AB Receivables Turnover Historical Data
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The historical data trend for Evolution 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:EVOS vs FLUT, DKNG, SGHC: Receivables Turnover Comparison
For the Gambling subindustry, Evolution 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.
Evolution AB Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Evolution 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.
Evolution AB (CHIX:EVOS) has a Receivables Turnover of 1.15 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 Evolution AB and its competitors. According to the industry distribution chart, Evolution AB ranks #705 out of 834 companies in the Travel & Leisure industry, placing it in the top 84.5%.
Is Evolution AB's Receivables Turnover too high?
Evolution AB's current Receivables Turnover is 1.15. The Travel & Leisure industry median Receivables Turnover is 14.01. Evolution AB's value of 1.15 is 91.8% below this industry median. Based on the distribution chart, Evolution AB ranks #705 out of 834 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Evolution AB has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Evolution AB's Receivables Turnover compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Evolution AB ranks #705 out of 834 companies for Receivables Turnover. This places Evolution AB in the lower half of its industry. The industry median Receivables Turnover is 14.01. Evolution AB's value of 1.15 is 91.8% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.01, based on 834 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. Evolution AB's current Receivables Turnover of 1.15 is 91.8% 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 Evolution AB and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evolution AB's current Receivables Turnover is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution AB stock overvalued right now?
Based on GuruFocus' analysis, Evolution AB (CHIX:EVOS) is currently considered Significantly Undervalued. The stock's GF Value™ is kr1,080.59, compared to a current price of kr666.80 — trading 38.3% below its estimated fair value. The current Receivables Turnover is 1.15 and 91.8% below the Travel & Leisure industry median of 14.01. Evolution AB's overall GF Score™ is 94/100 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 Evolution AB (CHIX:EVOS), the current Receivables Turnover is 1.15 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 Evolution AB (CHIX:EVOS) Overvalued in 2026?
Based on GuruFocus' analysis, Evolution AB stock appears to be undervalued.
The current stock price of kr666.80 is trading 38.3% below its estimated GF Value™ of kr1,080.59.
GuruFocus considers Evolution AB to be Significantly Undervalued.
Key valuation signals for CHIX:EVOS:
Receivables Turnover: 1.15
GF Value™: kr1,080.59 vs. price of kr666.80 (38.3% below fair value)
Industry Position: 91.8% below the Travel & Leisure median (#705 of 834)
No single metric tells the full story. See the CHIX:EVOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Evolution AB develops, produces, markets, and licenses fully integrated live casino and slots solutions to gaming operators. In live casino, a game presenter (dealer) runs the game from a casino table, which is followed in real time via a video stream, while players place bets on devices such as computers, smartphones, and tablets. Its games include Live Casino, Slots, Game Shows, First Person, Live Blackjack, Live Roulette, Live Baccarat, Super Sic Bo & Dragon Tiger, Live Poker, and Land-Based games. The Company innovates, develops, and produces online casino content on a B2B basis and generates maximum revenue from Europe, followed by North America and other regions.
94GF Score
Get the complete analysis for CHIX:EVOS
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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