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.
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.
Ace Digital ASFRA:ZR9 +3.92%12 Receivables Turnover is 0.00 as of Dec. 2025. GuruFocus rates FRA:ZR9 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 574 Capital Markets companies, Ace Digital AS ranks worse than 174215.85% 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. Ace Digital AS's Revenue for the
six
months ended in Dec. 2025 was €5.39 Mil. Ace Digital AS's average Accounts Receivable for the
six
months ended in Dec. 2025 was €0.00 Mil.
Ace Digital AS (FRA:ZR9) 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.
Ace Digital AS Receivables Turnover Related Terms
Ace Digital AS Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Ace Digital AS'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.
Ace Digital AS Receivables Turnover Chart
Ace Digital AS Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Receivables Turnover
0.00
0.00
0.00
0.00
Ace Digital AS Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Receivables Turnover
0.00
0.00
0.00
0.00
FRA:ZR9 vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Ace Digital 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.
Ace Digital AS Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ace Digital AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ace Digital 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.
Ace Digital AS (FRA:ZR9) has a Receivables Turnover of 0.00 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 Ace Digital AS and its competitors. According to the industry distribution chart, Ace Digital AS ranks #999999 out of 574 companies in the Capital Markets industry.
Is Ace Digital AS's Receivables Turnover too high?
Ace Digital AS's current Receivables Turnover is 0.00. Based on the distribution chart, Ace Digital AS ranks #999999 out of 574 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Ace Digital AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ace Digital AS's Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Ace Digital AS ranks #999999 out of 574 companies for Receivables Turnover. This places Ace Digital AS in the lower half of its industry. The industry median Receivables Turnover is 6.76. 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.76, based on 574 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. 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 Ace Digital AS and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ace Digital AS's current Receivables Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Digital AS stock overvalued right now?
Ace Digital AS (FRA:ZR9) has a current Receivables Turnover of 0.00. The current Receivables Turnover is 0.00. Ace Digital AS's overall GF Score™ is 12/100 with 3 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 Ace Digital AS (FRA:ZR9), the current Receivables Turnover is 0.00 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.
Ace Digital AS is an investment holding company. The company focuses on investing in and managing businesses in the Bitcoin ecosystem. The company's purpose is to be an attractive way to participate in that thesis - through a structure designed to do more than hold Bitcoin passively. It is building a Bitcoin platform. The company uses Bitcoin as a main asset while offering products and services.
12GF Score
Get the complete analysis for FRA:ZR9
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:ZR9 has been successfully added to your 
