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. Ferronordic AB's Revenue for the
three
months ended in Mar. 2026 was kr1,128 Mil. Ferronordic AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr467 Mil.
Hence, Ferronordic AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.42.
Ferronordic AB (CHIX:FNMs) 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.
Ferronordic AB Receivables Turnover Related Terms
Ferronordic AB Receivables Turnover Historical Data
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The historical data trend for Ferronordic 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:FNMS vs GWW, FAST, FERG: Receivables Turnover Comparison
For the Industrial Distribution subindustry, Ferronordic 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.
Ferronordic AB Receivables Turnover vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ferronordic 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.
Ferronordic AB (CHIX:FNMS) has a Receivables Turnover of 2.42 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 Ferronordic AB and its competitors. According to the industry distribution chart, Ferronordic AB ranks #18 out of 156 companies in the Industrial Distribution industry, placing it in the top 11.5%.
Is Ferronordic AB's Receivables Turnover too high?
Ferronordic AB's current Receivables Turnover is 2.42. The Industrial Distribution industry median Receivables Turnover is 5.95. Ferronordic AB's value of 2.42 is 59.3% below this industry median. Based on the distribution chart, Ferronordic AB ranks #18 out of 156 companies in the Industrial Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's Receivables Turnover compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Ferronordic AB ranks #18 out of 156 companies for Receivables Turnover. This places Ferronordic AB in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.95. Ferronordic AB's value of 2.42 is 59.3% 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 an Industrial Distribution company?
The median Receivables Turnover among Industrial Distribution companies is 5.95, based on 156 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. Ferronordic AB's current Receivables Turnover of 2.42 is 59.3% 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 Ferronordic AB and its competitors. For the Industrial Distribution industry, the median Receivables Turnover is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferronordic AB's current Receivables Turnover is 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current Receivables Turnover of 2.42. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current Receivables Turnover is 2.42 and 59.3% below the Industrial Distribution industry median of 5.95. Ferronordic AB's overall GF Score™ is 83/100 with 7 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 Ferronordic AB (CHIX:FNMS), the current Receivables Turnover is 2.42 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?
Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued.
The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.
Key valuation signals for CHIX:FNMS:
Receivables Turnover: 2.42
GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
Industry Position: 59.3% below the Industrial Distribution median (#18 of 156)
No single metric tells the full story. See the CHIX:FNMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score
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