Bouvet ASA (FRA:BV4) Receivables Turnover: 1.92 (As of Mar. 2026)

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FRA:BV4 Bouvet ASA FRA:BV4
80 GF Score
Price €3.96
GF Value €6.20
Valuation Possible Value Trap
! 4 Warning Signs
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What is Bouvet ASA Receivables Turnover?

Bouvet ASA FRA:BV4 +0.38% 80 Receivables Turnover is 1.92 as of Mar. 2026. GuruFocus rates FRA:BV4 with a GF Score™ of 80/100 and a GF Value™ of €6.20 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,783 Software companies, Bouvet ASA ranks better than 56.23% 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. Bouvet ASA's Revenue for the three months ended in Mar. 2026 was €92.9 Mil. Bouvet ASA's average Accounts Receivable for the three months ended in Mar. 2026 was €48.4 Mil. Hence, Bouvet ASA's Receivables Turnover for the three months ended in Mar. 2026 was 1.92.


Bouvet ASA  (FRA:BV4) 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.


Bouvet ASA Receivables Turnover Related Terms


Bouvet ASA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bouvet 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.

Bouvet ASA Receivables Turnover Chart

Bouvet 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 8.17 6.35 5.64 7.44 8.78

Bouvet 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 2.00 1.51 1.36 1.74 1.92

FRA:BV4 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Bouvet 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.


Bouvet ASA Receivables Turnover vs Software Industry

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

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


FRA:BV4
80GF Score
Bouvet ASA FRA:BV4
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bouvet ASA Receivables Turnover Calculation

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

Bouvet 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 )
=330.58 / ((35 + 40.323) / 2 )
=330.58 / 37.6615
=8.78

Bouvet 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 )
=92.873 / ((40.323 + 56.393) / 2 )
=92.873 / 48.358
=1.92

* 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 1.92 mean?
Bouvet ASA (FRA:BV4) has a Receivables Turnover of 1.92 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 Bouvet ASA and its competitors. According to the industry distribution chart, Bouvet ASA ranks #1218 out of 2783 companies in the Software industry, placing it in the top 43.8%.
Is Bouvet ASA's Receivables Turnover too high?
Bouvet ASA's current Receivables Turnover is 1.92. The Software industry median Receivables Turnover is 5.74. Bouvet ASA's value of 1.92 is 66.6% below this industry median. Based on the distribution chart, Bouvet ASA ranks #1218 out of 2783 companies in the Software industry, which is above the industry midpoint. Overall, Bouvet ASA has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bouvet ASA's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Bouvet ASA ranks #1218 out of 2783 companies for Receivables Turnover. This puts Bouvet ASA in the upper half of its industry. The industry median Receivables Turnover is 5.74. Bouvet ASA's value of 1.92 is 66.6% 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 Software company?
The median Receivables Turnover among Software companies is 5.74, based on 2,783 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. Bouvet ASA's current Receivables Turnover of 1.92 is 66.6% 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 Bouvet ASA and its competitors. For the Software industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bouvet ASA's current Receivables Turnover is 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouvet ASA stock overvalued right now?
Based on GuruFocus' analysis, Bouvet ASA (FRA:BV4) is currently considered Possible Value Trap. The stock's GF Value™ is €6.20, compared to a current price of €3.96 — trading 36.2% below its estimated fair value. The current Receivables Turnover is 1.92 and 66.6% below the Software industry median of 5.74. Bouvet ASA's overall GF Score™ is 80/100 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 Bouvet ASA (FRA:BV4), the current Receivables Turnover is 1.92 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 Bouvet ASA (FRA:BV4) Overvalued in 2026?

Based on GuruFocus' analysis, Bouvet ASA stock appears to be undervalued. The current stock price of €3.96 is trading 36.2% below its estimated GF Value™ of €6.20. GuruFocus considers Bouvet ASA to be Possible Value Trap.

Key valuation signals for FRA:BV4:

  • Receivables Turnover: 1.92
  • GF Value™: €6.20 vs. price of €3.96 (36.2% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 66.6% below the Software median (#1218 of 2783)

No single metric tells the full story. See the FRA:BV4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bouvet ASA Business Description

Address Sorkedalsveien 8, Oslo, NOR, 0369
Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. The company's geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway.
80GF Score

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

€3.96
Price
€6.20
GF Value