GN Store Nord ASGGNDF 74 Receivables Turnover is 0.65 as of Mar. 2026. GuruFocus rates GGNDF with a GF Score™ of 74/100 and a GF Value™ of $15.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 812 Medical Devices & Instruments companies, GN Store Nord AS ranks worse than 75% 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. GN Store Nord AS's Revenue for the
three
months ended in Mar. 2026 was $324 Mil. GN Store Nord AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was $502 Mil.
Hence, GN Store Nord AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.65.
GN Store Nord AS (OTCPK:GGNDF) 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.
GN Store Nord AS Receivables Turnover Related Terms
GN Store Nord AS Receivables Turnover Historical Data
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The historical data trend for GN Store Nord 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.
GGNDF vs ABT, SYK, MDT: Receivables Turnover Comparison
For the Medical Devices subindustry, GN Store Nord 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.
GN Store Nord AS Receivables Turnover vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where GN Store Nord 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.
GN Store Nord AS (GGNDF) has a Receivables Turnover of 0.65 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 GN Store Nord AS and its competitors. According to the industry distribution chart, GN Store Nord AS ranks #609 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 75%.
Is GN Store Nord AS's Receivables Turnover too high?
GN Store Nord AS's current Receivables Turnover is 0.65. The Medical Devices & Instruments industry median Receivables Turnover is 5.53. GN Store Nord AS's value of 0.65 is 88.2% below this industry median. Based on the distribution chart, GN Store Nord AS ranks #609 out of 812 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, GN Store Nord AS has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Receivables Turnover compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, GN Store Nord AS ranks #609 out of 812 companies for Receivables Turnover. This places GN Store Nord AS in the lower half of its industry. The industry median Receivables Turnover is 5.53. GN Store Nord AS's value of 0.65 is 88.2% 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 5.53, based on 812 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. GN Store Nord AS's current Receivables Turnover of 0.65 is 88.2% 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 GN Store Nord AS and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GN Store Nord AS's current Receivables Turnover is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (GGNDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.80, compared to a current price of $13.39 — trading 15.3% below its estimated fair value. The current Receivables Turnover is 0.65 and 88.2% below the Medical Devices & Instruments industry median of 5.53. GN Store Nord AS's overall GF Score™ is 74/100 with 6 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 GN Store Nord AS (GGNDF), the current Receivables Turnover is 0.65 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 GN Store Nord AS (GGNDF) Overvalued in 2026?
Based on GuruFocus' analysis, GN Store Nord AS stock appears to be undervalued.
The current stock price of $13.39 is trading 15.3% below its estimated GF Value™ of $15.80.
GuruFocus considers GN Store Nord AS to be Modestly Undervalued.
Key valuation signals for GGNDF:
Receivables Turnover: 0.65
GF Value™: $15.80 vs. price of $13.39 (15.3% below fair value)
Industry Position: 88.2% below the Medical Devices & Instruments median (#609 of 812)
No single metric tells the full story. See the GGNDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
74GF Score
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