Elkem ASA (FRA:1DP) Receivables Turnover: 1.71 (As of Jun. 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.

FRA:1DP Elkem ASA FRA:1DP
62 GF Score
Price €2.63
GF Value €1.63
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Elkem ASA Receivables Turnover?

Elkem ASA FRA:1DP -10.38% 62 Receivables Turnover is 1.71 as of Jun. 2026. GuruFocus rates FRA:1DP with a GF Score™ of 62/100 and a GF Value™ of €1.63 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,577 Chemicals companies, Elkem ASA ranks better than 72.1% 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. Elkem ASA's Revenue for the three months ended in Jun. 2026 was €322 Mil. Elkem ASA's average Accounts Receivable for the three months ended in Jun. 2026 was €189 Mil. Hence, Elkem ASA's Receivables Turnover for the three months ended in Jun. 2026 was 1.71.


Elkem ASA  (FRA:1DP) 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.


Elkem ASA Receivables Turnover Related Terms


Elkem ASA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Elkem 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.

Elkem ASA Receivables Turnover Chart

Elkem ASA 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 12.97 13.70 7.21 8.63 10.11

Elkem ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.83 1.97 2.20 2.30 1.71

FRA:1DP vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Elkem 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.


Elkem ASA Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elkem ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Elkem ASA's Receivables Turnover falls into.


FRA:1DP
62GF Score
Elkem ASA FRA:1DP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elkem ASA Receivables Turnover Calculation

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

Elkem ASA'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 )
=1397.238 / ((143.926 + 132.575) / 2 )
=1397.238 / 138.2505
=10.11

Elkem ASA's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=321.649 / ((179.025 + 198.098) / 2 )
=321.649 / 188.5615
=1.71

* 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 1.71 mean?
Elkem ASA (FRA:1DP) has a Receivables Turnover of 1.71 as of Jun. 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 Elkem ASA and its competitors. According to the industry distribution chart, Elkem ASA ranks #440 out of 1577 companies in the Chemicals industry, placing it in the top 27.9%.
Is Elkem ASA's Receivables Turnover too high?
Elkem ASA's current Receivables Turnover is 1.71. The Chemicals industry median Receivables Turnover is 5.59. Elkem ASA's value of 1.71 is 69.4% below this industry median. Based on the distribution chart, Elkem ASA ranks #440 out of 1577 companies in the Chemicals industry, which is above the industry midpoint. Overall, Elkem ASA has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elkem ASA's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Elkem ASA ranks #440 out of 1577 companies for Receivables Turnover. This puts Elkem ASA in the upper half of its industry. The industry median Receivables Turnover is 5.59. Elkem ASA's value of 1.71 is 69.4% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.59, based on 1,577 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. Elkem ASA's current Receivables Turnover of 1.71 is 69.4% 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 Elkem ASA and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elkem ASA's current Receivables Turnover is 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elkem ASA stock overvalued right now?
Based on GuruFocus' analysis, Elkem ASA (FRA:1DP) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.63, compared to a current price of €2.63 — trading 61.1% above its estimated fair value. The current Receivables Turnover is 1.71 and 69.4% below the Chemicals industry median of 5.59. Elkem ASA's overall GF Score™ is 62/100 with 8 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 Elkem ASA (FRA:1DP), the current Receivables Turnover is 1.71 as of Jun. 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 Elkem ASA (FRA:1DP) Overvalued in 2026?

Based on GuruFocus' analysis, Elkem ASA stock appears to be overvalued. The current stock price of €2.63 is trading 61.1% above its estimated GF Value™ of €1.63. GuruFocus considers Elkem ASA to be Significantly Overvalued.

Key valuation signals for FRA:1DP:

  • Receivables Turnover: 1.71
  • GF Value™: €1.63 vs. price of €2.63 (61.1% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 69.4% below the Chemicals median (#440 of 1577)

No single metric tells the full story. See the FRA:1DP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Elkem ASA Business Description

Address Drammensveien 169, Oslo, NOR, 0277
Elkem ASA offers material solutions that shape a more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. The group helps its customers create and improve essential innovations in electric mobility, digital communications, health, and personal care, as well as in smarter, more sustainable cities. It has three reportable segments, namely Silicones, Silicon Products, and Carbon Solutions. It generates the majority of the revenue from the Silicones segment.
62GF Score

Get the complete analysis for FRA:1DP

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

€2.63
Price
€1.63
GF Value