Nokian Tyres (CHIX:TYRESH) Receivables Turnover: 1.08 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:TYRESH Nokian Tyres PLC CHIX:TYRESH
69 GF Score
Price €11.60
GF Value €10.21
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Nokian Tyres Receivables Turnover?

Nokian Tyres CHIX:TYRESH 69 Receivables Turnover is 1.08 as of Mar. 2026. GuruFocus rates CHIX:TYRESH with a GF Score™ of 69/100 and a GF Value™ of €10.21 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Nokian Tyres ranks worse than 73.56% 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. Nokian Tyres's Revenue for the three months ended in Mar. 2026 was €280 Mil. Nokian Tyres's average Accounts Receivable for the three months ended in Mar. 2026 was €258 Mil. Hence, Nokian Tyres's Receivables Turnover for the three months ended in Mar. 2026 was 1.08.


Nokian Tyres  (CHIX:TYRESh) 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.


Nokian Tyres Receivables Turnover Related Terms


Nokian Tyres Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nokian Tyres'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.

Nokian Tyres Receivables Turnover Chart

Nokian Tyres 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 5.05 3.95 4.26 5.18 5.21

Nokian Tyres 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 0.98 1.15 0.85 1.12 1.08

CHIX:TYRESH vs ORLY, AZO, GPC: Receivables Turnover Comparison

For the Auto Parts subindustry, Nokian Tyres'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.


Nokian Tyres Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nokian Tyres's Receivables Turnover falls into.


CHIX:TYRESH
69GF Score
Nokian Tyres PLC CHIX:TYRESH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nokian Tyres Receivables Turnover Calculation

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

Nokian Tyres'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 )
=1373.6 / ((274 + 253) / 2 )
=1373.6 / 263.5
=5.21

Nokian Tyres'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 )
=279.6 / ((253 + 262.6) / 2 )
=279.6 / 257.8
=1.08

* 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 1.08 mean?
Nokian Tyres (CHIX:TYRESH) has a Receivables Turnover of 1.08 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 Nokian Tyres and its competitors. According to the industry distribution chart, Nokian Tyres ranks #968 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 73.6%.
Is Nokian Tyres' Receivables Turnover too high?
Nokian Tyres' current Receivables Turnover is 1.08. The Vehicles & Parts industry median Receivables Turnover is 5.99. Nokian Tyres' value of 1.08 is 82% below this industry median. Based on the distribution chart, Nokian Tyres ranks #968 out of 1316 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nokian Tyres has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #968 out of 1316 companies for Receivables Turnover. This places Nokian Tyres in the lower half of its industry. The industry median Receivables Turnover is 5.99. Nokian Tyres' value of 1.08 is 82% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 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. Nokian Tyres's current Receivables Turnover of 1.08 is 82% 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 Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current Receivables Turnover is 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokian Tyres stock overvalued right now?
Based on GuruFocus' analysis, Nokian Tyres (CHIX:TYRESH) is currently considered Modestly Overvalued. The stock's GF Value™ is €10.21, compared to a current price of €11.60 — trading 13.6% above its estimated fair value. The current Receivables Turnover is 1.08 and 82% below the Vehicles & Parts industry median of 5.99. Nokian Tyres' overall GF Score™ is 69/100 with 11 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 Nokian Tyres (CHIX:TYRESH), the current Receivables Turnover is 1.08 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 Nokian Tyres (CHIX:TYRESH) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €11.60 is trading 13.6% above its estimated GF Value™ of €10.21. GuruFocus considers Nokian Tyres to be Modestly Overvalued.

Key valuation signals for CHIX:TYRESH:

  • Receivables Turnover: 1.08
  • GF Value™: €10.21 vs. price of €11.60 (13.6% above fair value)
  • GF Score™: 69/100 with 11 warning signs
  • Industry Position: 82% below the Vehicles & Parts median (#968 of 1316)

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


Nokian Tyres Business Description

Address Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue.
69GF Score

Get the complete analysis for CHIX:TYRESH

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

€11.60
Price
€10.21
GF Value