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. GARO AB's Revenue for the
three
months ended in Mar. 2026 was kr246 Mil. GARO AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr216 Mil.
Hence, GARO AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.14.
GARO AB (CHIX:GAROs) 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.
GARO AB Receivables Turnover Related Terms
GARO AB Receivables Turnover Historical Data
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The historical data trend for GARO 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:GAROS vs VRT, BE, HUBB: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, GARO 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.
GARO AB Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, GARO AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where GARO 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.
GARO AB (CHIX:GAROS) has a Receivables Turnover of 1.14 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 GARO AB and its competitors. According to the industry distribution chart, GARO AB ranks #1489 out of 3024 companies in the Industrial Products industry, placing it in the top 49.2%.
Is GARO AB's Receivables Turnover too high?
GARO AB's current Receivables Turnover is 1.14. The Industrial Products industry median Receivables Turnover is 4.45. GARO AB's value of 1.14 is 74.4% below this industry median. Based on the distribution chart, GARO AB ranks #1489 out of 3024 companies in the Industrial Products industry, which is above the industry midpoint. Overall, GARO AB has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does GARO AB's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, GARO AB ranks #1489 out of 3024 companies for Receivables Turnover. This puts GARO AB in the upper half of its industry. The industry median Receivables Turnover is 4.45. GARO AB's value of 1.14 is 74.4% 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 Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,024 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. GARO AB's current Receivables Turnover of 1.14 is 74.4% 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 GARO AB and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GARO AB's current Receivables Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GARO AB stock overvalued right now?
GARO AB (CHIX:GAROS) has a current Receivables Turnover of 1.14. The stock's GF Value™ is kr102.84, compared to a current price of kr59.30 — trading 42.3% below its estimated fair value. The current Receivables Turnover is 1.14 and 74.4% below the Industrial Products industry median of 4.45. GARO AB's overall GF Score™ is 62/100 with 5 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 GARO AB (CHIX:GAROS), the current Receivables Turnover is 1.14 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 GARO AB (CHIX:GAROS) Overvalued in 2026?
Based on GuruFocus' analysis, GARO AB stock appears to be undervalued.
The current stock price of kr59.30 is trading 42.3% below its estimated GF Value™ of kr102.84.
Key valuation signals for CHIX:GAROS:
Receivables Turnover: 1.14
GF Value™: kr102.84 vs. price of kr59.30 (42.3% below fair value)
Industry Position: 74.4% below the Industrial Products median (#1489 of 3024)
No single metric tells the full story. See the CHIX:GAROS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. Germany, Poland, and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it includes in-house production at two facilities.
62GF Score
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