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. Netcompany Group AS's Revenue for the
three
months ended in Mar. 2026 was kr2,414 Mil. Netcompany Group AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr1,441 Mil.
Hence, Netcompany Group AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.68.
Netcompany Group AS (CHIX:NETCc) 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.
Netcompany Group AS Receivables Turnover Related Terms
Netcompany Group AS Receivables Turnover Historical Data
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The historical data trend for Netcompany Group AS'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:NETCC vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Netcompany Group AS'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.
Netcompany Group AS Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Netcompany Group AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Netcompany Group AS'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.
Netcompany Group AS (CHIX:NETCC) has a Receivables Turnover of 1.68 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 Netcompany Group AS and its competitors. According to the industry distribution chart, Netcompany Group AS ranks #1084 out of 2769 companies in the Software industry, placing it in the top 39.1%.
Is Netcompany Group AS's Receivables Turnover too high?
Netcompany Group AS's current Receivables Turnover is 1.68. The Software industry median Receivables Turnover is 5.66. Netcompany Group AS's value of 1.68 is 70.3% below this industry median. Based on the distribution chart, Netcompany Group AS ranks #1084 out of 2769 companies in the Software industry, which is above the industry midpoint. Overall, Netcompany Group AS has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netcompany Group AS's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Netcompany Group AS ranks #1084 out of 2769 companies for Receivables Turnover. This puts Netcompany Group AS in the upper half of its industry. The industry median Receivables Turnover is 5.66. Netcompany Group AS's value of 1.68 is 70.3% 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 a Software company?
The median Receivables Turnover among Software companies is 5.66, based on 2,769 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. Netcompany Group AS's current Receivables Turnover of 1.68 is 70.3% 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 Netcompany Group AS and its competitors. For the Software industry, the median Receivables Turnover is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcompany Group AS's current Receivables Turnover is 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcompany Group AS stock overvalued right now?
Based on GuruFocus' analysis, Netcompany Group AS (CHIX:NETCC) is currently considered Modestly Undervalued. The stock's GF Value™ is kr401.55, compared to a current price of kr301.80 — trading 24.8% below its estimated fair value. The current Receivables Turnover is 1.68 and 70.3% below the Software industry median of 5.66. Netcompany Group AS's overall GF Score™ is 91/100 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 Netcompany Group AS (CHIX:NETCC), the current Receivables Turnover is 1.68 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 Netcompany Group AS (CHIX:NETCC) Overvalued in 2026?
Based on GuruFocus' analysis, Netcompany Group AS stock appears to be undervalued.
The current stock price of kr301.80 is trading 24.8% below its estimated GF Value™ of kr401.55.
GuruFocus considers Netcompany Group AS to be Modestly Undervalued.
Key valuation signals for CHIX:NETCC:
Receivables Turnover: 1.68
GF Value™: kr401.55 vs. price of kr301.80 (24.8% below fair value)
Industry Position: 70.3% below the Software median (#1084 of 2769)
No single metric tells the full story. See the CHIX:NETCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netcompany Group AS is an information technology services company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. Its offerings include software solutions and digital platforms such as Pulse, Easley AI and Solon Tax among others. The company's business segments are Denmark, SEE & EUI, the United Kingdom, Norway, the Netherlands and Banking Services. It generates the majority of revenue from the Denmark segment.
91GF Score
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