Moreld ASA (CHIX:MORLDO) Receivables Turnover: 1.70 (As of Mar. 2026)


CHIX:MORLDO Moreld ASA CHIX:MORLDO
11 GF Score
Price kr16.81
! 8 Warning Signs
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What is Moreld ASA Receivables Turnover?

Moreld ASA CHIX:MORLDO 11 Receivables Turnover is 1.70 as of Mar. 2026. GuruFocus rates CHIX:MORLDO with a GF Score™ of 11/100. The stock has 8 warning signs investors should review. Among 890 Oil & Gas companies, Moreld ASA ranks better than 50.34% on this metric.

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. Moreld ASA's Revenue for the three months ended in Mar. 2026 was kr1,379 Mil. Moreld ASA's average Accounts Receivable for the three months ended in Mar. 2026 was kr810 Mil. Hence, Moreld ASA's Receivables Turnover for the three months ended in Mar. 2026 was 1.70.


Moreld ASA  (CHIX:MORLDo) 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.


Moreld ASA Receivables Turnover Related Terms


Moreld ASA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Moreld 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.

Moreld ASA Receivables Turnover Chart

Moreld ASA Annual Data
Trend Dec23 Dec24 Dec25
Receivables Turnover
0.00 8.54 9.64

Moreld ASA Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 2.44 1.60 1.91 1.70

CHIX:MORLDO vs SLB, BKR, HAL: Receivables Turnover Comparison

For the Oil & Gas Equipment & Services subindustry, Moreld 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.


Moreld ASA Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Moreld ASA's Receivables Turnover distribution charts can be found below:

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


CHIX:MORLDO
11GF Score
Moreld ASA CHIX:MORLDO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Moreld ASA Receivables Turnover Calculation

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

Moreld ASA's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=9828.694 / ((1110.561 + 929.137) / 2 )
=9828.694 / 1019.849
=9.64

Moreld ASA's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1378.73 / ((929.137 + 691.753) / 2 )
=1378.73 / 810.445
=1.70

* 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 1.70 mean?
Moreld ASA (CHIX:MORLDO) has a Receivables Turnover of 1.70 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 Moreld ASA and its competitors. According to the industry distribution chart, Moreld ASA ranks #442 out of 890 companies in the Oil & Gas industry, placing it in the top 49.7%.
Is Moreld ASA's Receivables Turnover too high?
Moreld ASA's current Receivables Turnover is 1.70. The Oil & Gas industry median Receivables Turnover is 7.97. Moreld ASA's value of 1.70 is 78.7% below this industry median. Based on the distribution chart, Moreld ASA ranks #442 out of 890 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Moreld ASA has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Moreld ASA's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Moreld ASA ranks #442 out of 890 companies for Receivables Turnover. This puts Moreld ASA in the upper half of its industry. The industry median Receivables Turnover is 7.97. Moreld ASA's value of 1.70 is 78.7% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.97, based on 890 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. Moreld ASA's current Receivables Turnover of 1.70 is 78.7% 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 Moreld ASA and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moreld ASA's current Receivables Turnover is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moreld ASA stock overvalued right now?
Moreld ASA (CHIX:MORLDO) has a current Receivables Turnover of 1.70. The current Receivables Turnover is 1.70 and 78.7% below the Oil & Gas industry median of 7.97. Moreld ASA's overall GF Score™ is 11/100 with 8 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 Moreld ASA (CHIX:MORLDO), the current Receivables Turnover is 1.70 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.

Moreld ASA Business Description

Industry EnergyOil & Gas
Other Exchanges MORLD:Norway
Address Moseidsletta 122, Stavanger, NOR, 4033
Moreld ASA is providing a range of offshore services and integrated solutions for the energy, marine, and industrial sectors, driving growth and innovation. The group operates through three main segments: Ocean Installer, Moreld Apply, and Global Maritime. It derives maximum revenue from Moreld Apply segment, which focuses on offshore and onshore maintenance and modification projects, delivering services from concept development through to project completion. Geographically, the group operates in Norway, Africa, Europe (excluding Norway), Asia and Australia, incl. Middle East, Americas, and Other Countries. It generates majority of its revenue from Norway.
11GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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