Otovo ASA (FRA:89K0) Receivables Turnover: 1.95 (As of Mar. 2026)

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FRA:89K0 Otovo ASA FRA:89K0
60 GF Score
Price €1.05
GF Value €0.67
! 5 Warning Signs
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What is Otovo ASA Receivables Turnover?

Otovo ASA FRA:89K0 +0.96% 60 Receivables Turnover is 1.95 as of Mar. 2026. GuruFocus rates FRA:89K0 with a GF Score™ of 60/100 and a GF Value™ of €0.67. The stock has 5 warning signs investors should review. Among 1,018 Semiconductors companies, Otovo ASA ranks better than 84.87% 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. Otovo ASA's Revenue for the three months ended in Mar. 2026 was €7.61 Mil. Otovo ASA's average Accounts Receivable for the three months ended in Mar. 2026 was €3.90 Mil. Hence, Otovo ASA's Receivables Turnover for the three months ended in Mar. 2026 was 1.95.


Otovo ASA  (FRA:89K0) 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.


Otovo ASA Receivables Turnover Related Terms


Otovo ASA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Otovo 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.

Otovo ASA Receivables Turnover Chart

Otovo ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 19.25 19.05 22.16 15.33 11.34

Otovo ASA 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 2.87 3.27 2.67 2.37 1.95

FRA:89K0 vs FSLR, NXT, ENPH: Receivables Turnover Comparison

For the Solar subindustry, Otovo 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.


Otovo ASA Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Otovo ASA's Receivables Turnover distribution charts can be found below:

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


FRA:89K0
60GF Score
Otovo ASA FRA:89K0
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Otovo ASA Receivables Turnover Calculation

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

Otovo 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 )
=47.932 / ((3.871 + 4.583) / 2 )
=47.932 / 4.227
=11.34

Otovo ASA'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 )
=7.606 / ((4.583 + 3.217) / 2 )
=7.606 / 3.9
=1.95

* 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 1.95 mean?
Otovo ASA (FRA:89K0) has a Receivables Turnover of 1.95 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 Otovo ASA and its competitors. According to the industry distribution chart, Otovo ASA ranks #154 out of 1018 companies in the Semiconductors industry, placing it in the top 15.1%.
Is Otovo ASA's Receivables Turnover too high?
Otovo ASA's current Receivables Turnover is 1.95. The Semiconductors industry median Receivables Turnover is 5.79. Otovo ASA's value of 1.95 is 66.3% below this industry median. Based on the distribution chart, Otovo ASA ranks #154 out of 1018 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Otovo ASA has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Otovo ASA's Receivables Turnover compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Otovo ASA ranks #154 out of 1018 companies for Receivables Turnover. This places Otovo ASA in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.79. Otovo ASA's value of 1.95 is 66.3% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.79, based on 1,018 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. Otovo ASA's current Receivables Turnover of 1.95 is 66.3% 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 Otovo ASA and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Otovo ASA's current Receivables Turnover is 1.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otovo ASA stock overvalued right now?
Otovo ASA (FRA:89K0) has a current Receivables Turnover of 1.95. The stock's GF Value™ is €0.67, compared to a current price of €1.05 — trading 56.7% above its estimated fair value. The current Receivables Turnover is 1.95 and 66.3% below the Semiconductors industry median of 5.79. Otovo ASA's overall GF Score™ is 60/100 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 Otovo ASA (FRA:89K0), the current Receivables Turnover is 1.95 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 Otovo ASA (FRA:89K0) Overvalued in 2026?

Based on GuruFocus' analysis, Otovo ASA stock appears to be overvalued. The current stock price of €1.05 is trading 56.7% above its estimated GF Value™ of €0.67.

Key valuation signals for FRA:89K0:

  • Receivables Turnover: 1.95
  • GF Value™: €0.67 vs. price of €1.05 (56.7% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 66.3% below the Semiconductors median (#154 of 1018)

No single metric tells the full story. See the FRA:89K0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Otovo ASA Business Description

Other Exchanges OTOVO:Norway
Address Torggata 11, Oslo, NOR, 0181
Otovo ASA is engaged in the residential solar energy industry, focusing on the sale, installation, and servicing of home energy products. The group operates through three reportable segments: Newbuild, Recurring Services, and Field Services. The Newbuild segment involves the sale and installation of home energy products, including solar panels, either directly to end customers or through associated entities. The Recurring Services segment includes membership-based services such as maintenance, grid services, electricity provision, and rental of home energy products, along with service-related fees. The Field Services segment provides installation, maintenance, and other service activities related to home energy products for both residential and business customers.
60GF Score

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

€1.05
Price
€0.67
GF Value