Norwegian Air Shuttle ASA (LTS:0FGH) Receivables Turnover: (As of Jun. 2026)

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LTS:0FGH Norwegian Air Shuttle ASA LTS:0FGH
51 GF Score
Price kr12.17
GF Value kr15.87
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Norwegian Air Shuttle ASA Receivables Turnover?

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. Norwegian Air Shuttle ASA's Revenue for the three months ended in Jun. 2026 was kr10,161 Mil. Norwegian Air Shuttle ASA's average Accounts Receivable for the three months ended in Jun. 2026 was kr0 Mil.

Norwegian Air Shuttle ASA  (LTS:0FGH) 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.

Norwegian Air Shuttle ASA Receivables Turnover Related Terms

Norwegian Air Shuttle ASA Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA Receivables Turnover Chart

Norwegian Air Shuttle ASA 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 1.45 8.33 11.36 13.55 12.49

Norwegian Air Shuttle ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - 2.62 2.12 -

LTS:0FGH vs DAL, UAL, LUV: Receivables Turnover Comparison

For the Airlines subindustry, Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Norwegian Air Shuttle ASA's Receivables Turnover falls into.


LTS:0FGH
51GF Score
Norwegian Air Shuttle ASA LTS:0FGH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norwegian Air Shuttle ASA Receivables Turnover Calculation

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

Norwegian Air Shuttle ASA'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 )
=37646 / ((2899.4 + 3129) / 2 )
=37646 / 3014.2
=12.49

Norwegian Air Shuttle ASA's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=10161 / (( + ) / 1 )
=10161 / 0
=N/A

* 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.

Is Norwegian Air Shuttle ASA (LTS:0FGH) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be undervalued. The current stock price of kr12.17 is trading 23.3% below its estimated GF Value™ of kr15.87. GuruFocus considers Norwegian Air Shuttle ASA to be Modestly Undervalued.

Key valuation signals for LTS:0FGH:

  • Receivables Turnover:
  • GF Value™: kr15.87 vs. price of kr12.17 (23.3% below fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the LTS:0FGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Norwegian Air Shuttle ASA Business Description

Address Oksenoyveien 3, Fornebu, P.O. Box 115, Lysaker, NOR, NO-1366
Norwegian Air Shuttle ASA is a Norwegian low-cost airline operating under the Norwegian brand. It provides short-haul passenger flights within Norway and the Nordic region and to destinations across Europe, serving leisure and business travellers through a point-to-point network. The company operates a fleet of Boeing 737 aircraft, including the 737-800 and 737 MAX 8, and focuses on a single-class, low-fare model with ancillary revenue from baggage, seat selection, and onboard sales. Its main base is at Oslo Airport Gardermoen, with additional bases in Norway, Denmark, Sweden, and Finland. Norwegian also operates the loyalty programme Norwegian Reward. The Wideroe regional airline, previously part of the group, was sold in 2023. The company is listed on the Oslo Stock Exchange.
51GF Score

Get the complete analysis for LTS:0FGH

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

kr12.17
Price
kr15.87
GF Value