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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. Scandinavian Medical Solutions AS's Revenue for the
six
months ended in Mar. 2026 was €12.35 Mil. Scandinavian Medical Solutions AS's average Accounts Receivable for the
six
months ended in Mar. 2026 was €2.63 Mil.
Hence, Scandinavian Medical Solutions AS's Receivables Turnover for the
six
months ended in Mar. 2026 was 4.69.
Scandinavian Medical Solutions AS (FRA:K41) 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.
Scandinavian Medical Solutions AS Receivables Turnover Related Terms
Scandinavian Medical Solutions AS 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.
Scandinavian Medical Solutions AS Receivables Turnover Chart
FRA:K41 vs ABT, SYK, MDT: Receivables Turnover Comparison
For the Medical Devices subindustry, Scandinavian Medical Solutions AS'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.
Scandinavian Medical Solutions AS Receivables Turnover vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Scandinavian Medical Solutions AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Scandinavian Medical Solutions AS'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.
Scandinavian Medical Solutions AS (FRA:K41) has a Receivables Turnover of 4.69 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 Scandinavian Medical Solutions AS and its competitors. According to the industry distribution chart, Scandinavian Medical Solutions AS ranks #107 out of 811 companies in the Medical Devices & Instruments industry, placing it in the top 13.2%.
Is Scandinavian Medical Solutions AS's Receivables Turnover too high?
Scandinavian Medical Solutions AS's current Receivables Turnover is 4.69. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. Scandinavian Medical Solutions AS's value of 4.69 is 14.9% below this industry median. Based on the distribution chart, Scandinavian Medical Solutions AS ranks #107 out of 811 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Scandinavian Medical Solutions AS has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Scandinavian Medical Solutions AS's Receivables Turnover compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Scandinavian Medical Solutions AS ranks #107 out of 811 companies for Receivables Turnover. This places Scandinavian Medical Solutions AS in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.51. Scandinavian Medical Solutions AS's value of 4.69 is 14.9% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 811 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. Scandinavian Medical Solutions AS's current Receivables Turnover of 4.69 is 14.9% 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 Scandinavian Medical Solutions AS and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scandinavian Medical Solutions AS's current Receivables Turnover is 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scandinavian Medical Solutions AS stock overvalued right now?
Based on GuruFocus' analysis, Scandinavian Medical Solutions AS (FRA:K41) is currently considered Possible Value Trap. The stock's GF Value™ is €0.80, compared to a current price of €0.39 — trading 51.6% below its estimated fair value. The current Receivables Turnover is 4.69 and 14.9% below the Medical Devices & Instruments industry median of 5.51. Scandinavian Medical Solutions AS's overall GF Score™ is 70/100 with 7 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 Scandinavian Medical Solutions AS (FRA:K41), the current Receivables Turnover is 4.69 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 Scandinavian Medical Solutions AS (FRA:K41) Overvalued in 2026?
Based on GuruFocus' analysis, Scandinavian Medical Solutions AS stock appears to be undervalued.
The current stock price of €0.39 is trading 51.6% below its estimated GF Value™ of €0.80.
GuruFocus considers Scandinavian Medical Solutions AS to be Possible Value Trap.
Key valuation signals for FRA:K41:
Receivables Turnover: 4.69
GF Value™: €0.80 vs. price of €0.39 (51.6% below fair value)
Industry Position: 14.9% below the Medical Devices & Instruments median (#107 of 811)
No single metric tells the full story. See the FRA:K41 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scandinavian Medical Solutions AS Business Description
Scandinavian Medical Solutions AS is a provider of Medical Imaging equipment. The company specializes in the acquisition, quality check, and resale of high-quality pre-owned medical imaging systems. The company supplies value-added resellers and distributors in various countries with MRI, CT, PET/CT, and other diagnostic scanners. It operates the business through three business areas, Equipment Solutions, Parts Solutions and Rental Solutions. Equipment Solutions is the company's main source of revenue, which focuses on sourcing, inspecting, and selling imaging systems such as MRI, CT, PET/CT, Cath-Lab, and Mammography units.
70GF Score
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