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Goobit Group ABFRA:9AI +40.00% Receivables Turnover is 1,117.00 as of Apr. 2026. The stock has 2 warning signs investors should review. Among 578 Capital Markets companies, Goobit Group AB ranks better than 98.44% 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. Goobit Group AB's Revenue for the
three
months ended in Apr. 2026 was €2.23 Mil. Goobit Group AB's average Accounts Receivable for the
three
months ended in Apr. 2026 was €0.00 Mil.
Hence, Goobit Group AB's Receivables Turnover for the
three
months ended in Apr. 2026 was 1,117.00.
Goobit Group AB (FRA:9AI) 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.
Goobit Group AB Receivables Turnover Related Terms
Goobit Group AB Receivables Turnover Historical Data
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The historical data trend for Goobit Group AB'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:9AI vs SPGI, CME, MCO: Receivables Turnover Comparison
For the Financial Data & Stock Exchanges subindustry, Goobit Group AB'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.
Goobit Group AB Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Goobit Group AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Goobit Group AB'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.
What does a Receivables Turnover of 1,117.00 mean?
Goobit Group AB (FRA:9AI) has a Receivables Turnover of 1,117.00 as of Apr. 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 Goobit Group AB and its competitors. According to the industry distribution chart, Goobit Group AB ranks #9 out of 578 companies in the Capital Markets industry, placing it in the top 1.6%.
Is Goobit Group AB's Receivables Turnover too high?
Goobit Group AB's current Receivables Turnover is 1,117.00. The Capital Markets industry median Receivables Turnover is 6.93. Goobit Group AB's value of 1,117.00 is 16018.3% above this industry median. Based on the distribution chart, Goobit Group AB ranks #9 out of 578 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers.
How does Goobit Group AB's Receivables Turnover compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Goobit Group AB ranks #9 out of 578 companies for Receivables Turnover. This places Goobit Group AB in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.93. Goobit Group AB's value of 1,117.00 is 16018.3% above 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.93, based on 578 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. Goobit Group AB's current Receivables Turnover of 1,117.00 is 16018.3% above 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 Goobit Group AB and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goobit Group AB's current Receivables Turnover is 1,117.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goobit Group AB stock overvalued right now?
Goobit Group AB (FRA:9AI) has a current Receivables Turnover of 1,117.00. The current Receivables Turnover is 1,117.00 and 16018.3% above the Capital Markets industry median of 6.93. 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 Goobit Group AB (FRA:9AI), the current Receivables Turnover is 1,117.00 as of Apr. 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.
Goobit Group AB is a Swedish cryptocurrency and blockchain company. The company operates BTCX, a Bitcoin exchange platform, offering exchange services in Swedish kronor and euros. It operates under the brands BTCX Express Exchange, BTCX Standard Exchange and BTCX OTC Service. The company also provides AML Desk, a compliance service focused on anti-money laundering and crypto-asset risk assessment.
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