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Goodtech ASAFRA:6FO -0.40%53 Receivables Turnover is 2.03 as of Jun. 2026. GuruFocus rates FRA:6FO with a GF Score™ of 53/100 and a GF Value™ of €0.83 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,763 Construction companies, Goodtech ASA ranks better than 81.45% 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. Goodtech ASA's Revenue for the
three
months ended in Jun. 2026 was €15.55 Mil. Goodtech ASA's average Accounts Receivable for the
three
months ended in Jun. 2026 was €7.67 Mil.
Hence, Goodtech ASA's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.03.
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.
Goodtech ASA Receivables Turnover Related Terms
Goodtech ASA Receivables Turnover Historical Data
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The historical data trend for Goodtech 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:6FO vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Goodtech 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.
Goodtech ASA Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Goodtech ASA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Goodtech 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.
Goodtech ASA (FRA:6FO) has a Receivables Turnover of 2.03 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 Goodtech ASA and its competitors. According to the industry distribution chart, Goodtech ASA ranks #327 out of 1763 companies in the Construction industry, placing it in the top 18.5%.
Is Goodtech ASA's Receivables Turnover too high?
Goodtech ASA's current Receivables Turnover is 2.03. The Construction industry median Receivables Turnover is 4.78. Goodtech ASA's value of 2.03 is 57.5% below this industry median. Based on the distribution chart, Goodtech ASA ranks #327 out of 1763 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Goodtech ASA has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodtech ASA's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Goodtech ASA ranks #327 out of 1763 companies for Receivables Turnover. This places Goodtech ASA in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.78. Goodtech ASA's value of 2.03 is 57.5% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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. Goodtech ASA's current Receivables Turnover of 2.03 is 57.5% 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 Goodtech ASA and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodtech ASA's current Receivables Turnover is 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodtech ASA stock overvalued right now?
Based on GuruFocus' analysis, Goodtech ASA (FRA:6FO) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.83, compared to a current price of €1.26 — trading 51.2% above its estimated fair value. The current Receivables Turnover is 2.03 and 57.5% below the Construction industry median of 4.78. Goodtech ASA's overall GF Score™ is 53/100 with 5 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 Goodtech ASA (FRA:6FO), the current Receivables Turnover is 2.03 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 Goodtech ASA (FRA:6FO) Overvalued in 2026?
Based on GuruFocus' analysis, Goodtech ASA stock appears to be overvalued.
The current stock price of €1.26 is trading 51.2% above its estimated GF Value™ of €0.83.
GuruFocus considers Goodtech ASA to be Significantly Overvalued.
Key valuation signals for FRA:6FO:
Receivables Turnover: 2.03
GF Value™: €0.83 vs. price of €1.26 (51.2% above fair value)
Industry Position: 57.5% below the Construction median (#327 of 1763)
No single metric tells the full story. See the FRA:6FO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodtech ASA is a specialist in control systems, digitalization, and production optimization for the manufacturing industry. The company plays an active role in modernizing, streamlining, and driving the critical digital transformation in Nordic industry. It also provides technical solutions in the field of Food & Beverage, Manufacturing, Renewables, Process Industry, New Industries, Energy & Utilities, Metals & Minerals, Mobility, Pharma, and Marine & Aquaculture. It also supplies automation products and streamlining solutions globally.
53GF Score
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