Premium Snacks Nordic AB (FRA:N3K) Receivables Turnover: 2.53 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:N3K Premium Snacks Nordic AB FRA:N3K
75 GF Score
Price €2.85
GF Value €2.30
Valuation Modestly Overvalued
View Full Analysis

What is Premium Snacks Nordic AB Receivables Turnover?

Premium Snacks Nordic AB FRA:N3K -0.87% 75 Receivables Turnover is 2.53 as of Mar. 2026. GuruFocus rates FRA:N3K with a GF Score™ of 75/100 and a GF Value™ of €2.30 (Modestly Overvalued). Among 1,944 Consumer Packaged Goods companies, Premium Snacks Nordic AB ranks better than 59.57% 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. Premium Snacks Nordic AB's Revenue for the three months ended in Mar. 2026 was €13.43 Mil. Premium Snacks Nordic AB's average Accounts Receivable for the three months ended in Mar. 2026 was €5.30 Mil. Hence, Premium Snacks Nordic AB's Receivables Turnover for the three months ended in Mar. 2026 was 2.53.


Premium Snacks Nordic AB  (FRA:N3K) 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.


Premium Snacks Nordic AB Receivables Turnover Related Terms


Premium Snacks Nordic AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Premium Snacks Nordic 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.

Premium Snacks Nordic AB Receivables Turnover Chart

Premium Snacks Nordic AB 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 13.22 13.07 13.46 13.15 11.77

Premium Snacks Nordic AB 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 3.08 3.00 2.70 2.71 2.53

FRA:N3K vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, Premium Snacks Nordic 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.


Premium Snacks Nordic AB Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Snacks Nordic AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Premium Snacks Nordic AB's Receivables Turnover falls into.


FRA:N3K
75GF Score
Premium Snacks Nordic AB FRA:N3K
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premium Snacks Nordic AB Receivables Turnover Calculation

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

Premium Snacks Nordic 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 )
=51.796 / ((3.388 + 5.411) / 2 )
=51.796 / 4.3995
=11.77

Premium Snacks Nordic AB'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 )
=13.427 / ((5.411 + 5.187) / 2 )
=13.427 / 5.299
=2.53

* 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 2.53 mean?
Premium Snacks Nordic AB (FRA:N3K) has a Receivables Turnover of 2.53 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 Premium Snacks Nordic AB and its competitors. According to the industry distribution chart, Premium Snacks Nordic AB ranks #786 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 40.4%.
Is Premium Snacks Nordic AB's Receivables Turnover too high?
Premium Snacks Nordic AB's current Receivables Turnover is 2.53. The Consumer Packaged Goods industry median Receivables Turnover is 9.35. Premium Snacks Nordic AB's value of 2.53 is 72.9% below this industry median. Based on the distribution chart, Premium Snacks Nordic AB ranks #786 out of 1944 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Premium Snacks Nordic AB has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Premium Snacks Nordic AB's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Premium Snacks Nordic AB ranks #786 out of 1944 companies for Receivables Turnover. This puts Premium Snacks Nordic AB in the upper half of its industry. The industry median Receivables Turnover is 9.35. Premium Snacks Nordic AB's value of 2.53 is 72.9% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.35, based on 1,944 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. Premium Snacks Nordic AB's current Receivables Turnover of 2.53 is 72.9% 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 Premium Snacks Nordic AB and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premium Snacks Nordic AB's current Receivables Turnover is 2.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premium Snacks Nordic AB stock overvalued right now?
Based on GuruFocus' analysis, Premium Snacks Nordic AB (FRA:N3K) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.30, compared to a current price of €2.85 — trading 23.7% above its estimated fair value. The current Receivables Turnover is 2.53 and 72.9% below the Consumer Packaged Goods industry median of 9.35. Premium Snacks Nordic AB's overall GF Score™ is 75/100. 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 Premium Snacks Nordic AB (FRA:N3K), the current Receivables Turnover is 2.53 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 Premium Snacks Nordic AB (FRA:N3K) Overvalued in 2026?

Based on GuruFocus' analysis, Premium Snacks Nordic AB stock appears to be overvalued. The current stock price of €2.85 is trading 23.7% above its estimated GF Value™ of €2.30. GuruFocus considers Premium Snacks Nordic AB to be Modestly Overvalued.

Key valuation signals for FRA:N3K:

  • Receivables Turnover: 2.53
  • GF Value™: €2.30 vs. price of €2.85 (23.7% above fair value)
  • GF Score™: 75/100
  • Industry Position: 72.9% below the Consumer Packaged Goods median (#786 of 1944)

No single metric tells the full story. See the FRA:N3K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premium Snacks Nordic AB Business Description

Other Exchanges SNX:Sweden
Address Kullsgardsvagen 18, Laholm, SWE, 312 34
Premium Snacks Nordic AB develops, manufactures and sells high-quality snacks under the brands Gardschips and Exotic Snacks. Under the Exotic Snacks brand, consumers are offered a wide range of high-quality snack products that include everything from natural and spiced nuts, to chocolate dragees, licorice, Asian rice snacks and exotic dried fruits.
75GF Score

Get the complete analysis for FRA:N3K

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

€2.85
Price
€2.30
GF Value