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.
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. Solar AS's Revenue for the
three
months ended in Mar. 2026 was €443 Mil. Solar AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was €255 Mil.
Hence, Solar AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.73.
Solar AS (FRA:ZVR) 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.
Solar AS Receivables Turnover Related Terms
Solar AS Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Solar 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.
FRA:ZVR vs SNX, ARW, AVT: Receivables Turnover Comparison
For the Electronics & Computer Distribution subindustry, Solar 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.
Solar AS Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Solar AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Solar 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.
Solar AS (FRA:ZVR) has a Receivables Turnover of 1.73 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 Solar AS and its competitors. According to the industry distribution chart, Solar AS ranks #754 out of 2472 companies in the Hardware industry, placing it in the top 30.5%.
Is Solar AS's Receivables Turnover too high?
Solar AS's current Receivables Turnover is 1.73. The Hardware industry median Receivables Turnover is 4.90. Solar AS's value of 1.73 is 64.7% below this industry median. Based on the distribution chart, Solar AS ranks #754 out of 2472 companies in the Hardware industry, which is above the industry midpoint. Overall, Solar AS has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solar AS's Receivables Turnover compare to SNX and ARW?
According to the Hardware industry distribution chart, Solar AS ranks #754 out of 2472 companies for Receivables Turnover. This puts Solar AS in the upper half of its industry. The industry median Receivables Turnover is 4.90. Solar AS's value of 1.73 is 64.7% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.90, based on 2,472 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. Solar AS's current Receivables Turnover of 1.73 is 64.7% 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 Solar AS and its competitors. For the Hardware industry, the median Receivables Turnover is 4.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar AS's current Receivables Turnover is 1.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar AS stock overvalued right now?
Based on GuruFocus' analysis, Solar AS (FRA:ZVR) is currently considered Possible Value Trap. The stock's GF Value™ is €38.55, compared to a current price of €25.60 — trading 33.6% below its estimated fair value. The current Receivables Turnover is 1.73 and 64.7% below the Hardware industry median of 4.90. Solar AS's overall GF Score™ is 61/100 with 8 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 Solar AS (FRA:ZVR), the current Receivables Turnover is 1.73 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 Solar AS (FRA:ZVR) Overvalued in 2026?
Based on GuruFocus' analysis, Solar AS stock appears to be undervalued.
The current stock price of €25.60 is trading 33.6% below its estimated GF Value™ of €38.55.
GuruFocus considers Solar AS to be Possible Value Trap.
Key valuation signals for FRA:ZVR:
Receivables Turnover: 1.73
GF Value™: €38.55 vs. price of €25.60 (33.6% below fair value)
Industry Position: 64.7% below the Hardware median (#754 of 2472)
No single metric tells the full story. See the FRA:ZVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.
61GF Score
Get the complete analysis for FRA:ZVR
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:ZVR has been successfully added to your 
