MEKO AB (LTS:0HDJ) Receivables Turnover: 1.72 (As of Jun. 2026)

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LTS:0HDJ MEKO AB LTS:0HDJ
75 GF Score
Price kr77.68
GF Value kr116.46
Valuation Possible Value Trap
! 7 Warning Signs
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What is MEKO AB Receivables Turnover?

MEKO AB LTS:0HDJ -0.48% 75 Receivables Turnover is 1.72 as of Jun. 2026. GuruFocus rates LTS:0HDJ with a GF Score™ of 75/100 and a GF Value™ of kr116.46 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,316 Vehicles & Parts companies, MEKO AB ranks better than 64.36% 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. MEKO AB's Revenue for the three months ended in Jun. 2026 was kr4,642 Mil. MEKO AB's average Accounts Receivable for the three months ended in Jun. 2026 was kr2,705 Mil. Hence, MEKO AB's Receivables Turnover for the three months ended in Jun. 2026 was 1.72.


MEKO AB  (LTS:0HDJ) 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.


MEKO AB Receivables Turnover Related Terms


MEKO AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MEKO AB'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.

MEKO AB Receivables Turnover Chart

MEKO AB 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 13.93 12.78 13.26 14.23 14.83

MEKO AB 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 1.59 1.51 2.27 2.32 1.72

LTS:0HDJ vs ORLY, AZO, GPC: Receivables Turnover Comparison

For the Auto Parts subindustry, MEKO AB'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.


MEKO AB Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where MEKO AB's Receivables Turnover falls into.


LTS:0HDJ
75GF Score
MEKO AB LTS:0HDJ
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MEKO AB Receivables Turnover Calculation

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

MEKO AB'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 )
=18367 / ((1278 + 1199) / 2 )
=18367 / 1238.5
=14.83

MEKO AB'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 )
=4642 / ((2728 + 2682) / 2 )
=4642 / 2705
=1.72

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.72 mean?
MEKO AB (LTS:0HDJ) has a Receivables Turnover of 1.72 as of Jun. 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 MEKO AB and its competitors. According to the industry distribution chart, MEKO AB ranks #469 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 35.6%.
Is MEKO AB's Receivables Turnover too high?
MEKO AB's current Receivables Turnover is 1.72. The Vehicles & Parts industry median Receivables Turnover is 5.99. MEKO AB's value of 1.72 is 71.3% below this industry median. Based on the distribution chart, MEKO AB ranks #469 out of 1316 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, MEKO AB has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MEKO AB's Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, MEKO AB ranks #469 out of 1316 companies for Receivables Turnover. This puts MEKO AB in the upper half of its industry. The industry median Receivables Turnover is 5.99. MEKO AB's value of 1.72 is 71.3% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 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. MEKO AB's current Receivables Turnover of 1.72 is 71.3% 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 MEKO AB and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MEKO AB's current Receivables Turnover is 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MEKO AB stock overvalued right now?
Based on GuruFocus' analysis, MEKO AB (LTS:0HDJ) is currently considered Possible Value Trap. The stock's GF Value™ is kr116.46, compared to a current price of kr77.68 — trading 33.3% below its estimated fair value. The current Receivables Turnover is 1.72 and 71.3% below the Vehicles & Parts industry median of 5.99. MEKO AB's overall GF Score™ is 75/100 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 MEKO AB (LTS:0HDJ), the current Receivables Turnover is 1.72 as of Jun. 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 MEKO AB (LTS:0HDJ) Overvalued in 2026?

Based on GuruFocus' analysis, MEKO AB stock appears to be undervalued. The current stock price of kr77.68 is trading 33.3% below its estimated GF Value™ of kr116.46. GuruFocus considers MEKO AB to be Possible Value Trap.

Key valuation signals for LTS:0HDJ:

  • Receivables Turnover: 1.72
  • GF Value™: kr116.46 vs. price of kr77.68 (33.3% below fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 71.3% below the Vehicles & Parts median (#469 of 1316)

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


MEKO AB Business Description

Other Exchanges MEKO:SwedenMEKOs:UK
Address Klarabergsviadukten 70, Elevator C, Floor 6, Box 19542, Stockholm, SWE, 11164
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. The company offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. The Affiliated workshops of the company operate under the company's brands: BilXtra, MECA, Mekonomen BFTZ, Fixus, Inter-Team, among others.
75GF Score

Get the complete analysis for LTS:0HDJ

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

kr77.68
Price
kr116.46
GF Value