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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. TKH Group NV's Revenue for the
six
months ended in Dec. 2025 was €903 Mil. TKH Group NV's average Accounts Receivable for the
six
months ended in Dec. 2025 was €253 Mil.
Hence, TKH Group NV's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.57.
TKH Group NV (LTS:0NO1) 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.
TKH Group NV Receivables Turnover Related Terms
TKH Group NV Receivables Turnover Historical Data
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The historical data trend for TKH Group NV'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:0NO1 vs CSCO, CIEN, MSI: Receivables Turnover Comparison
For the Communication Equipment subindustry, TKH Group NV'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.
TKH Group NV Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, TKH Group NV's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TKH Group NV'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.
TKH Group NV (LTS:0NO1) has a Receivables Turnover of 3.57 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 TKH Group NV and its competitors. According to the industry distribution chart, TKH Group NV ranks #575 out of 2471 companies in the Hardware industry, placing it in the top 23.3%.
Is TKH Group NV's Receivables Turnover too high?
TKH Group NV's current Receivables Turnover is 3.57. The Hardware industry median Receivables Turnover is 4.89. TKH Group NV's value of 3.57 is 27% below this industry median. Based on the distribution chart, TKH Group NV ranks #575 out of 2471 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, TKH Group NV has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TKH Group NV's Receivables Turnover compare to CSCO and CIEN?
According to the Hardware industry distribution chart, TKH Group NV ranks #575 out of 2471 companies for Receivables Turnover. This places TKH Group NV in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.89. TKH Group NV's value of 3.57 is 27% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,471 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. TKH Group NV's current Receivables Turnover of 3.57 is 27% 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 TKH Group NV and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TKH Group NV's current Receivables Turnover is 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKH Group NV stock overvalued right now?
Based on GuruFocus' analysis, TKH Group NV (LTS:0NO1) is currently considered Fairly Valued. The stock's GF Value™ is €39.84, compared to a current price of €43.38 — trading 8.9% above its estimated fair value. The current Receivables Turnover is 3.57 and 27% below the Hardware industry median of 4.89. TKH Group NV's overall GF Score™ is 80/100 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 TKH Group NV (LTS:0NO1), the current Receivables Turnover is 3.57 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 TKH Group NV (LTS:0NO1) Overvalued in 2026?
Based on GuruFocus' analysis, TKH Group NV stock appears to be overvalued.
The current stock price of €43.38 is trading 8.9% above its estimated GF Value™ of €39.84.
GuruFocus considers TKH Group NV to be Fairly Valued.
Key valuation signals for LTS:0NO1:
Receivables Turnover: 3.57
GF Value™: €39.84 vs. price of €43.38 (8.9% above fair value)
Industry Position: 27% below the Hardware median (#575 of 2471)
No single metric tells the full story. See the LTS:0NO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TKH Group NV is a provider of vertical-specific communications and connectivity solutions. Its operations are organized into three segments, which include Smart Vision systems, Smart Connectivity systems, and Smart Manufacturing systems. The firm derives revenue from the Netherlands, Europe (other), Asia, North America, and other. The Smart Vision systems segment operates through a coherent, vertically integrated business model combining hardware, software, and service focused on delivering end-to-end 2D/3D vision and security solutions. Smart Manufacturing systems segment focuses on delivering automated, software-driven production systems for specialized industrial markets. Smart Connectivity systems segment operates as a technology-driven provider of specialized connectivity solutions.
80GF Score
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