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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. Nekkar ASA's Revenue for the
six
months ended in Dec. 2025 was €27.12 Mil. Nekkar ASA's average Accounts Receivable for the
six
months ended in Dec. 2025 was €11.74 Mil.
Hence, Nekkar ASA's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.31.
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.
Nekkar ASA Receivables Turnover Related Terms
Nekkar ASA Receivables Turnover Historical Data
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The historical data trend for Nekkar 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.
FRA:0TT vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Nekkar 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.
Nekkar ASA Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nekkar ASA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nekkar ASA'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.
Nekkar ASA (FRA:0TT) has a Receivables Turnover of 2.31 as of Dec. 2025. 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 Nekkar ASA and its competitors. According to the industry distribution chart, Nekkar ASA ranks #1734 out of 3032 companies in the Industrial Products industry, placing it in the top 57.2%.
Is Nekkar ASA's Receivables Turnover too high?
Nekkar ASA's current Receivables Turnover is 2.31. The Industrial Products industry median Receivables Turnover is 4.45. Nekkar ASA's value of 2.31 is 48.1% below this industry median. Based on the distribution chart, Nekkar ASA ranks #1734 out of 3032 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nekkar ASA has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Nekkar ASA's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nekkar ASA ranks #1734 out of 3032 companies for Receivables Turnover. This places Nekkar ASA in the lower half of its industry. The industry median Receivables Turnover is 4.45. Nekkar ASA's value of 2.31 is 48.1% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,032 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. Nekkar ASA's current Receivables Turnover of 2.31 is 48.1% 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 Nekkar ASA and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nekkar ASA's current Receivables Turnover is 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nekkar ASA stock overvalued right now?
Nekkar ASA (FRA:0TT) has a current Receivables Turnover of 2.31. The stock's GF Value™ is €1.13, compared to a current price of €1.32 — trading 16.4% above its estimated fair value. The current Receivables Turnover is 2.31 and 48.1% below the Industrial Products industry median of 4.45. Nekkar ASA's overall GF Score™ is 65/100 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 Nekkar ASA (FRA:0TT), the current Receivables Turnover is 2.31 as of Dec. 2025. 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 Nekkar ASA (FRA:0TT) Overvalued in 2026?
Based on GuruFocus' analysis, Nekkar ASA stock appears to be overvalued.
The current stock price of €1.32 is trading 16.4% above its estimated GF Value™ of €1.13.
Key valuation signals for FRA:0TT:
Receivables Turnover: 2.31
GF Value™: €1.13 vs. price of €1.32 (16.4% above fair value)
Industry Position: 48.1% below the Industrial Products median (#1734 of 3032)
No single metric tells the full story. See the FRA:0TT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nekkar ASA is a company based on an industrial philosophy utilizing smart design, digitalization, and electrification to achieve higher efficiency and more sustainable solutions for multiple industries. Its operating segments include: Syncrolift; Intellilift; Techano Oceanlift; Globetech; and others. The company generates maximum revenue from the Syncrolift segment. The Syncrolift segment includes shiplifts, docking/transfer systems and related service activity for shipyards. The product range includes shiplifting systems for launching and retrievals of vessels and transfer systems for a fast and reliable way of moving vessels around the yard. Geographically, it derives a majority of revenue from Norway and also has a presence in Turkey, UAE, Africa, USA, South America, India and Others.
65GF Score
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