Note ABCHIX:NOTES 96 Receivables Turnover is 1.05 as of Mar. 2026. GuruFocus rates CHIX:NOTES with a GF Score™ of 96/100 and a GF Value™ of kr196.46 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,468 Hardware companies, Note AB ranks worse than 58.43% 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. Note AB's Revenue for the
three
months ended in Mar. 2026 was kr962 Mil. Note AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr915 Mil.
Hence, Note AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.05.
Note AB (CHIX:NOTEs) 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.
Note AB Receivables Turnover Related Terms
Note AB Receivables Turnover Historical Data
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The historical data trend for Note 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:NOTES vs APH, GLW: Receivables Turnover Comparison
For the Electronic Components subindustry, Note 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.
Note AB Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Note AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Note 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.
Note AB (CHIX:NOTES) has a Receivables Turnover of 1.05 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 Note AB and its competitors. According to the industry distribution chart, Note AB ranks #1442 out of 2468 companies in the Hardware industry, placing it in the top 58.4%.
Is Note AB's Receivables Turnover too high?
Note AB's current Receivables Turnover is 1.05. The Hardware industry median Receivables Turnover is 4.91. Note AB's value of 1.05 is 78.6% below this industry median. Based on the distribution chart, Note AB ranks #1442 out of 2468 companies in the Hardware industry, which is below the industry midpoint. Overall, Note AB has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Note AB's Receivables Turnover compare to APH and GLW?
According to the Hardware industry distribution chart, Note AB ranks #1442 out of 2468 companies for Receivables Turnover. This places Note AB in the lower half of its industry. The industry median Receivables Turnover is 4.91. Note AB's value of 1.05 is 78.6% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.91, based on 2,468 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. Note AB's current Receivables Turnover of 1.05 is 78.6% 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 Note AB and its competitors. For the Hardware industry, the median Receivables Turnover is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Note AB's current Receivables Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Note AB stock overvalued right now?
Based on GuruFocus' analysis, Note AB (CHIX:NOTES) is currently considered Modestly Undervalued. The stock's GF Value™ is kr196.46, compared to a current price of kr161.45 — trading 17.8% below its estimated fair value. The current Receivables Turnover is 1.05 and 78.6% below the Hardware industry median of 4.91. Note AB's overall GF Score™ is 96/100 with 4 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 Note AB (CHIX:NOTES), the current Receivables Turnover is 1.05 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 Note AB (CHIX:NOTES) Overvalued in 2026?
Based on GuruFocus' analysis, Note AB stock appears to be undervalued.
The current stock price of kr161.45 is trading 17.8% below its estimated GF Value™ of kr196.46.
GuruFocus considers Note AB to be Modestly Undervalued.
Key valuation signals for CHIX:NOTES:
Receivables Turnover: 1.05
GF Value™: kr196.46 vs. price of kr161.45 (17.8% below fair value)
Industry Position: 78.6% below the Hardware median (#1442 of 2468)
No single metric tells the full story. See the CHIX:NOTES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.
96GF 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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