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. Akastor ASA's Revenue for the
three
months ended in Mar. 2026 was kr182.0 Mil. Akastor ASA's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr96.0 Mil.
Hence, Akastor ASA's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.90.
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.
Akastor ASA Receivables Turnover Related Terms
Akastor ASA Receivables Turnover Historical Data
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The historical data trend for Akastor 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.
LTS:0IPT vs SLB, BKR, HAL: Receivables Turnover Comparison
For the Oil & Gas Equipment & Services subindustry, Akastor 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.
Akastor ASA Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Akastor ASA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Akastor ASA'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.
Akastor ASA (LTS:0IPT) has a Receivables Turnover of 1.90 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 Akastor ASA and its competitors. According to the industry distribution chart, Akastor ASA ranks #569 out of 891 companies in the Oil & Gas industry, placing it in the top 63.9%.
Is Akastor ASA's Receivables Turnover too high?
Akastor ASA's current Receivables Turnover is 1.90. The Oil & Gas industry median Receivables Turnover is 8.00. Akastor ASA's value of 1.90 is 76.3% below this industry median. Based on the distribution chart, Akastor ASA ranks #569 out of 891 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Akastor ASA has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akastor ASA's Receivables Turnover compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Akastor ASA ranks #569 out of 891 companies for Receivables Turnover. This places Akastor ASA in the lower half of its industry. The industry median Receivables Turnover is 8.00. Akastor ASA's value of 1.90 is 76.3% 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 an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.00, based on 891 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. Akastor ASA's current Receivables Turnover of 1.90 is 76.3% 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 Akastor ASA and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akastor ASA's current Receivables Turnover is 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akastor ASA stock overvalued right now?
Based on GuruFocus' analysis, Akastor ASA (LTS:0IPT) is currently considered Fairly Valued. The stock's GF Value™ is kr14.31, compared to a current price of kr13.18 — trading 7.9% below its estimated fair value. The current Receivables Turnover is 1.90 and 76.3% below the Oil & Gas industry median of 8.00. Akastor ASA's overall GF Score™ is 65/100 with 4 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 Akastor ASA (LTS:0IPT), the current Receivables Turnover is 1.90 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 Akastor ASA (LTS:0IPT) Overvalued in 2026?
Based on GuruFocus' analysis, Akastor ASA stock appears to be undervalued.
The current stock price of kr13.18 is trading 7.9% below its estimated GF Value™ of kr14.31.
GuruFocus considers Akastor ASA to be Fairly Valued.
Key valuation signals for LTS:0IPT:
Receivables Turnover: 1.90
GF Value™: kr14.31 vs. price of kr13.18 (7.9% below fair value)
Industry Position: 76.3% below the Oil & Gas median (#569 of 891)
No single metric tells the full story. See the LTS:0IPT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. The segments include, HMH, AKOFS offshore, DDW offshore and other holdings. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.
65GF Score
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