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. Stockholm Nordtech Group AB's Revenue for the
three
months ended in Mar. 2026 was €17.21 Mil. Stockholm Nordtech Group AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was €11.04 Mil.
Hence, Stockholm Nordtech Group AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.56.
Stockholm Nordtech Group AB (FRA:GD2) 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.
Stockholm Nordtech Group AB Receivables Turnover Related Terms
Stockholm Nordtech Group AB Receivables Turnover Historical Data
* 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.
Stockholm Nordtech Group AB Receivables Turnover Chart
FRA:GD2 vs MSFT, ORCL, PLTR: Receivables Turnover Comparison
For the Software - Infrastructure subindustry, Stockholm Nordtech 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.
Stockholm Nordtech Group AB Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Stockholm Nordtech Group AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Stockholm Nordtech 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.
Stockholm Nordtech Group AB (FRA:GD2) has a Receivables Turnover of 1.56 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 Stockholm Nordtech Group AB and its competitors. According to the industry distribution chart, Stockholm Nordtech Group AB ranks #2540 out of 2766 companies in the Software industry, placing it in the top 91.8%.
Is Stockholm Nordtech Group AB's Receivables Turnover too high?
Stockholm Nordtech Group AB's current Receivables Turnover is 1.56. The Software industry median Receivables Turnover is 5.68. Stockholm Nordtech Group AB's value of 1.56 is 72.5% below this industry median. Based on the distribution chart, Stockholm Nordtech Group AB ranks #2540 out of 2766 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Stockholm Nordtech Group AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Stockholm Nordtech Group AB's Receivables Turnover compare to MSFT and ORCL?
According to the Software industry distribution chart, Stockholm Nordtech Group AB ranks #2540 out of 2766 companies for Receivables Turnover. This places Stockholm Nordtech Group AB in the lower half of its industry. The industry median Receivables Turnover is 5.68. Stockholm Nordtech Group AB's value of 1.56 is 72.5% 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 Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,766 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. Stockholm Nordtech Group AB's current Receivables Turnover of 1.56 is 72.5% 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 Stockholm Nordtech Group AB and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stockholm Nordtech Group AB's current Receivables Turnover is 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stockholm Nordtech Group AB stock overvalued right now?
Stockholm Nordtech Group AB (FRA:GD2) has a current Receivables Turnover of 1.56. The current Receivables Turnover is 1.56 and 72.5% below the Software industry median of 5.68. Stockholm Nordtech Group AB's overall GF Score™ is 11/100. 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 Stockholm Nordtech Group AB (FRA:GD2), the current Receivables Turnover is 1.56 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.
Nordtech Group AB develops and acquires small and medium sized companies that provide mission-critical B2B software solutions in resilient niche markets. Its portfolio includes software businesses serving a range of industries across the Business Platforms, Operational Solutions, and Public Infrastructure segments. The majority of revenue is derived from the Operational solutions segment. The company's software products are used in customer operations and include recurring-revenue business models. The company also supports the adoption of artificial intelligence technologies across its portfolio companies. Its operating model combines ownership oversight with decentralized operations, allowing portfolio companies to manage their day-to-day activities independently.
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