Neo-Neon Holdings (FRA:N2L) Receivables Turnover: 4.60 (As of Dec. 2025)

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FRA:N2L Neo-Neon Holdings Ltd FRA:N2L
38 GF Score
Price €0.01
GF Value €0.02
! 2 Warning Signs
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What is Neo-Neon Holdings Receivables Turnover?

Neo-Neon Holdings FRA:N2L +6.86% 38 Receivables Turnover is 4.60 as of Dec. 2025. GuruFocus rates FRA:N2L with a GF Score™ of 38/100 and a GF Value™ of €0.02. The stock has 2 warning signs investors should review. Among 431 Furnishings, Fixtures & Appliances companies, Neo-Neon Holdings ranks better than 51.97% 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. Neo-Neon Holdings's Revenue for the six months ended in Dec. 2025 was €55.84 Mil. Neo-Neon Holdings's average Accounts Receivable for the six months ended in Dec. 2025 was €12.14 Mil. Hence, Neo-Neon Holdings's Receivables Turnover for the six months ended in Dec. 2025 was 4.60.


Neo-Neon Holdings  (FRA:N2L) 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.


Neo-Neon Holdings Receivables Turnover Related Terms


Neo-Neon Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Neo-Neon Holdings'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.

Neo-Neon Holdings Receivables Turnover Chart

Neo-Neon Holdings 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 6.74 6.79 6.43 6.84 6.53

Neo-Neon Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 4.08 2.89 4.43 2.73 4.60

FRA:N2L vs SN, SGI, MHK: Receivables Turnover Comparison

For the Furnishings, Fixtures & Appliances subindustry, Neo-Neon Holdings'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.


Neo-Neon Holdings Receivables Turnover vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neo-Neon Holdings's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Neo-Neon Holdings's Receivables Turnover falls into.


FRA:N2L
38GF Score
Neo-Neon Holdings Ltd FRA:N2L
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Neo-Neon Holdings Receivables Turnover Calculation

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

Neo-Neon Holdings'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 )
=91.016 / ((14.634 + 13.254) / 2 )
=91.016 / 13.944
=6.53

Neo-Neon Holdings's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=55.843 / ((11.023 + 13.254) / 2 )
=55.843 / 12.1385
=4.60

* 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 4.60 mean?
Neo-Neon Holdings (FRA:N2L) has a Receivables Turnover of 4.60 as of Dec. 2025. 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 Neo-Neon Holdings and its competitors. According to the industry distribution chart, Neo-Neon Holdings ranks #207 out of 431 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 48%.
Is Neo-Neon Holdings' Receivables Turnover too high?
Neo-Neon Holdings' current Receivables Turnover is 4.60. The Furnishings, Fixtures & Appliances industry median Receivables Turnover is 7.08. Neo-Neon Holdings' value of 4.60 is 35% below this industry median. Based on the distribution chart, Neo-Neon Holdings ranks #207 out of 431 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Neo-Neon Holdings has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Neo-Neon Holdings' Receivables Turnover compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neo-Neon Holdings ranks #207 out of 431 companies for Receivables Turnover. This puts Neo-Neon Holdings in the upper half of its industry. The industry median Receivables Turnover is 7.08. Neo-Neon Holdings' value of 4.60 is 35% 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 Furnishings, Fixtures & Appliances company?
The median Receivables Turnover among Furnishings, Fixtures & Appliances companies is 7.08, based on 431 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. Neo-Neon Holdings's current Receivables Turnover of 4.60 is 35% 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 Neo-Neon Holdings and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Receivables Turnover is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neo-Neon Holdings's current Receivables Turnover is 4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neo-Neon Holdings stock overvalued right now?
Neo-Neon Holdings (FRA:N2L) has a current Receivables Turnover of 4.60. The stock's GF Value™ is €0.02, compared to a current price of €0.01 — trading 45.5% below its estimated fair value. The current Receivables Turnover is 4.60 and 35% below the Furnishings, Fixtures & Appliances industry median of 7.08. Neo-Neon Holdings' overall GF Score™ is 38/100 with 2 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 Neo-Neon Holdings (FRA:N2L), the current Receivables Turnover is 4.60 as of Dec. 2025. 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 Neo-Neon Holdings (FRA:N2L) Overvalued in 2026?

Based on GuruFocus' analysis, Neo-Neon Holdings stock appears to be undervalued. The current stock price of €0.01 is trading 45.5% below its estimated GF Value™ of €0.02.

Key valuation signals for FRA:N2L:

  • Receivables Turnover: 4.60
  • GF Value™: €0.02 vs. price of €0.01 (45.5% below fair value)
  • GF Score™: 38/100 with 2 warning signs
  • Industry Position: 35% below the Furnishings, Fixtures & Appliances median (#207 of 431)

No single metric tells the full story. See the FRA:N2L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Neo-Neon Holdings Business Description

Address 118 Connaught Road West, Unit 3405, 34th Floor, Hong Kong, HKG
Neo-Neon Holdings Ltd is a manufacturer and distributor of LED decorative lighting products. The company's product portfolio is divided into LED decorative lighting, Commercial lighting, Professional lighting, Professional architectural lighting, Industrial lighting, Landscape lighting, and other products. Its segments include the PRC lighting segment, which consists of research and development, manufacture of lighting products in China, and distribution of lighting products in China and overseas; and the USA lighting segment consists of the provision of lighting solutions and trading of lighting products in the USA. Its geographical segments include North America, which generates the vast majority of the company's revenue; Europe; Asia; and Other continents.
38GF Score

Get the complete analysis for FRA:N2L

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

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