NTG Nordic Transport Group AS (CHIX:NTGC) Receivables Turnover: 1.65 (As of Mar. 2026)

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CHIX:NTGC NTG Nordic Transport Group AS CHIX:NTGC
85 GF Score
Price kr174.10
GF Value kr247.93
! 7 Warning Signs
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What is NTG Nordic Transport Group AS Receivables Turnover?

NTG Nordic Transport Group AS CHIX:NTGC 85 Receivables Turnover is 1.65 as of Mar. 2026. GuruFocus rates CHIX:NTGC with a GF Score™ of 85/100 and a GF Value™ of kr247.93. The stock has 7 warning signs investors should review. Among 998 Transportation companies, NTG Nordic Transport Group AS ranks worse than 59.82% 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. NTG Nordic Transport Group AS's Revenue for the three months ended in Mar. 2026 was kr2,983 Mil. NTG Nordic Transport Group AS's average Accounts Receivable for the three months ended in Mar. 2026 was kr1,807 Mil. Hence, NTG Nordic Transport Group AS's Receivables Turnover for the three months ended in Mar. 2026 was 1.65.


NTG Nordic Transport Group AS  (CHIX:NTGc) 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.


NTG Nordic Transport Group AS Receivables Turnover Related Terms


NTG Nordic Transport Group AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NTG Nordic Transport 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.

NTG Nordic Transport Group AS Receivables Turnover Chart

NTG Nordic Transport Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.16 7.74 6.55 7.08 7.11

NTG Nordic Transport Group AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.66 1.64 1.66 1.66 1.65

CHIX:NTGC vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport 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.


NTG Nordic Transport Group AS Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group AS's Receivables Turnover falls into.


CHIX:NTGC
85GF Score
NTG Nordic Transport Group AS CHIX:NTGC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NTG Nordic Transport Group AS Receivables Turnover Calculation

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

NTG Nordic Transport Group AS'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 )
=11377 / ((1525 + 1676) / 2 )
=11377 / 1600.5
=7.11

NTG Nordic Transport Group AS'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 )
=2983 / ((1676 + 1938) / 2 )
=2983 / 1807
=1.65

* 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 1.65 mean?
NTG Nordic Transport Group AS (CHIX:NTGC) has a Receivables Turnover of 1.65 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 NTG Nordic Transport Group AS and its competitors. According to the industry distribution chart, NTG Nordic Transport Group AS ranks #597 out of 998 companies in the Transportation industry, placing it in the top 59.8%.
Is NTG Nordic Transport Group AS's Receivables Turnover too high?
NTG Nordic Transport Group AS's current Receivables Turnover is 1.65. The Transportation industry median Receivables Turnover is 7.73. NTG Nordic Transport Group AS's value of 1.65 is 78.6% below this industry median. Based on the distribution chart, NTG Nordic Transport Group AS ranks #597 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, NTG Nordic Transport Group AS has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does NTG Nordic Transport Group AS's Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, NTG Nordic Transport Group AS ranks #597 out of 998 companies for Receivables Turnover. This places NTG Nordic Transport Group AS in the lower half of its industry. The industry median Receivables Turnover is 7.73. NTG Nordic Transport Group AS's value of 1.65 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 998 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. NTG Nordic Transport Group AS's current Receivables Turnover of 1.65 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 NTG Nordic Transport Group AS and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTG Nordic Transport Group AS's current Receivables Turnover is 1.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTG Nordic Transport Group AS stock overvalued right now?
NTG Nordic Transport Group AS (CHIX:NTGC) has a current Receivables Turnover of 1.65. The stock's GF Value™ is kr247.93, compared to a current price of kr174.10 — trading 29.8% below its estimated fair value. The current Receivables Turnover is 1.65 and 78.6% below the Transportation industry median of 7.73. NTG Nordic Transport Group AS's overall GF Score™ is 85/100 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 NTG Nordic Transport Group AS (CHIX:NTGC), the current Receivables Turnover is 1.65 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 NTG Nordic Transport Group AS (CHIX:NTGC) Overvalued in 2026?

Based on GuruFocus' analysis, NTG Nordic Transport Group AS stock appears to be undervalued. The current stock price of kr174.10 is trading 29.8% below its estimated GF Value™ of kr247.93.

Key valuation signals for CHIX:NTGC:

  • Receivables Turnover: 1.65
  • GF Value™: kr247.93 vs. price of kr174.10 (29.8% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 78.6% below the Transportation median (#597 of 998)

No single metric tells the full story. See the CHIX:NTGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NTG Nordic Transport Group AS Business Description

Other Exchanges NTG:DenmarkNRSA:Germany
Address Hammerholmen 47, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group AS is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air & Ocean and Road & Logistics, fueled by people power and technology. Business segments of the company include Road & Logistics and Air & Ocean. The majority of its revenue is earned through the Road & Logistics segment, which provides transport and warehousing solutions with a geographical focus on Europe. Geographically, the revenues are earned in Denmark, Sweden, the USA, Germany, Finland, and other countries, with key revenue derived from Denmark.
85GF Score

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

kr174.10
Price
kr247.93
GF Value