CombinedX AB (FRA:K13) Receivables Turnover: 2.24 (As of Jun. 2026)

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FRA:K13 CombinedX AB FRA:K13
85 GF Score
Price €3.03
GF Value €3.41
! 5 Warning Signs
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What is CombinedX AB Receivables Turnover?

CombinedX AB FRA:K13 85 Receivables Turnover is 2.24 as of Jun. 2026. GuruFocus rates FRA:K13 with a GF Score™ of 85/100 and a GF Value™ of €3.41. The stock has 5 warning signs investors should review. Among 2,781 Software companies, CombinedX AB ranks better than 66.81% 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. CombinedX AB's Revenue for the three months ended in Jun. 2026 was €20.35 Mil. CombinedX AB's average Accounts Receivable for the three months ended in Jun. 2026 was €9.10 Mil. Hence, CombinedX AB's Receivables Turnover for the three months ended in Jun. 2026 was 2.24.


CombinedX AB  (FRA:K13) 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.


CombinedX AB Receivables Turnover Related Terms


CombinedX AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for CombinedX 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.

CombinedX AB Receivables Turnover Chart

CombinedX AB Annual Data
Trend Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 5.53 5.11 5.25 6.34 7.12

CombinedX AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.62 1.35 1.95 2.20 2.24

FRA:K13 vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, CombinedX 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.


CombinedX AB Receivables Turnover vs Software Industry

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

* The bar in red indicates where CombinedX AB's Receivables Turnover falls into.


FRA:K13
85GF Score
CombinedX AB FRA:K13
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CombinedX AB Receivables Turnover Calculation

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

CombinedX AB'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 )
=87.086 / ((12.38 + 12.093) / 2 )
=87.086 / 12.2365
=7.12

CombinedX AB's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=20.351 / ((9.785 + 8.42) / 2 )
=20.351 / 9.1025
=2.24

* 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 2.24 mean?
CombinedX AB (FRA:K13) has a Receivables Turnover of 2.24 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 CombinedX AB and its competitors. According to the industry distribution chart, CombinedX AB ranks #923 out of 2781 companies in the Software industry, placing it in the top 33.2%.
Is CombinedX AB's Receivables Turnover too high?
CombinedX AB's current Receivables Turnover is 2.24. The Software industry median Receivables Turnover is 5.75. CombinedX AB's value of 2.24 is 61% below this industry median. Based on the distribution chart, CombinedX AB ranks #923 out of 2781 companies in the Software industry, which is above the industry midpoint. Overall, CombinedX AB has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does CombinedX AB's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, CombinedX AB ranks #923 out of 2781 companies for Receivables Turnover. This puts CombinedX AB in the upper half of its industry. The industry median Receivables Turnover is 5.75. CombinedX AB's value of 2.24 is 61% 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 5.75, based on 2,781 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. CombinedX AB's current Receivables Turnover of 2.24 is 61% 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 CombinedX AB and its competitors. For the Software industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CombinedX AB's current Receivables Turnover is 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CombinedX AB stock overvalued right now?
CombinedX AB (FRA:K13) has a current Receivables Turnover of 2.24. The stock's GF Value™ is €3.41, compared to a current price of €3.03 — trading 11.1% below its estimated fair value. The current Receivables Turnover is 2.24 and 61% below the Software industry median of 5.75. CombinedX AB's overall GF Score™ is 85/100 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 CombinedX AB (FRA:K13), the current Receivables Turnover is 2.24 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 CombinedX AB (FRA:K13) Overvalued in 2026?

Based on GuruFocus' analysis, CombinedX AB stock appears to be undervalued. The current stock price of €3.03 is trading 11.1% below its estimated GF Value™ of €3.41.

Key valuation signals for FRA:K13:

  • Receivables Turnover: 2.24
  • GF Value™: €3.41 vs. price of €3.03 (11.1% below fair value)
  • GF Score™: 85/100 with 5 warning signs
  • Industry Position: 61% below the Software median (#923 of 2781)

No single metric tells the full story. See the FRA:K13 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CombinedX AB Business Description

Other Exchanges CX:Sweden
Address Tynasgatan 10, Karlstad, SWE, 652 16
CombinedX AB is a family of knowledge companies that help companies and organizations to take advantage of the opportunities of digitalisation. It delivers services through eight wholly-owned specialist companies, each with market-leading technology and business expertise in its niche.
85GF Score

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

€3.03
Price
€3.41
GF Value