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. Carlsberg AS's Revenue for the
six
months ended in Dec. 2025 was kr43,240 Mil. Carlsberg AS's average Accounts Receivable for the
six
months ended in Dec. 2025 was kr9,625 Mil.
Hence, Carlsberg AS's Receivables Turnover for the
six
months ended in Dec. 2025 was 4.49.
Carlsberg AS (LTS:0AI3) 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.
Carlsberg AS Receivables Turnover Related Terms
Carlsberg AS Receivables Turnover Historical Data
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The historical data trend for Carlsberg 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.
LTS:0AI3 vs BUD, STZ, TAP: Receivables Turnover Comparison
For the Beverages - Brewers subindustry, Carlsberg 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.
Carlsberg AS Receivables Turnover vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Carlsberg AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Carlsberg 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.
Carlsberg AS (LTS:0AI3) has a Receivables Turnover of 4.49 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 Carlsberg AS and its competitors. According to the industry distribution chart, Carlsberg AS ranks #82 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 39%.
Is Carlsberg AS's Receivables Turnover too high?
Carlsberg AS's current Receivables Turnover is 4.49. The Beverages - Alcoholic industry median Receivables Turnover is 7.84. Carlsberg AS's value of 4.49 is 42.7% below this industry median. Based on the distribution chart, Carlsberg AS ranks #82 out of 210 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Carlsberg AS has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carlsberg AS's Receivables Turnover compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Carlsberg AS ranks #82 out of 210 companies for Receivables Turnover. This puts Carlsberg AS in the upper half of its industry. The industry median Receivables Turnover is 7.84. Carlsberg AS's value of 4.49 is 42.7% 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 Beverages - Alcoholic company?
The median Receivables Turnover among Beverages - Alcoholic companies is 7.84, based on 210 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. Carlsberg AS's current Receivables Turnover of 4.49 is 42.7% 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 Carlsberg AS and its competitors. For the Beverages - Alcoholic industry, the median Receivables Turnover is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carlsberg AS's current Receivables Turnover is 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg AS stock overvalued right now?
Based on GuruFocus' analysis, Carlsberg AS (LTS:0AI3) is currently considered Fairly Valued. The stock's GF Value™ is kr1,214.49, compared to a current price of kr1,115.00 — trading 8.2% below its estimated fair value. The current Receivables Turnover is 4.49 and 42.7% below the Beverages - Alcoholic industry median of 7.84. Carlsberg AS's overall GF Score™ is 81/100 with 7 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 Carlsberg AS (LTS:0AI3), the current Receivables Turnover is 4.49 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 Carlsberg AS (LTS:0AI3) Overvalued in 2026?
Based on GuruFocus' analysis, Carlsberg AS stock appears to be undervalued.
The current stock price of kr1,115.00 is trading 8.2% below its estimated GF Value™ of kr1,214.49.
GuruFocus considers Carlsberg AS to be Fairly Valued.
Key valuation signals for LTS:0AI3:
Receivables Turnover: 4.49
GF Value™: kr1,214.49 vs. price of kr1,115.00 (8.2% below fair value)
Industry Position: 42.7% below the Beverages - Alcoholic median (#82 of 210)
No single metric tells the full story. See the LTS:0AI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Carlsberg is the third-largest brewer in the world after Anheuser-Busch InBev and Heineken. It holds leading share in Scandinavia, western China, and several other markets in Asia. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2025 beverage volume was split among Western Europe (42%), Eastern Europe and India (28%), and Asia (30%).
81GF Score
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