Bulgarian River Shipping AD (LTS:0ONQ) Receivables Turnover: 3.12 (As of Mar. 2026)

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LTS:0ONQ Bulgarian River Shipping AD LTS:0ONQ
21 GF Score
Price лв0.80
GF Value лв1.16
! 3 Warning Signs
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What is Bulgarian River Shipping AD Receivables Turnover?

Bulgarian River Shipping AD LTS:0ONQ 21 Receivables Turnover is 3.12 as of Mar. 2026. GuruFocus rates LTS:0ONQ with a GF Score™ of 21/100 and a GF Value™ of лв1.16. The stock has 3 warning signs investors should review. Among 997 Transportation companies, Bulgarian River Shipping AD ranks better than 68.3% 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. Bulgarian River Shipping AD's Revenue for the three months ended in Mar. 2026 was лв4.41 Mil. Bulgarian River Shipping AD's average Accounts Receivable for the three months ended in Mar. 2026 was лв1.42 Mil. Hence, Bulgarian River Shipping AD's Receivables Turnover for the three months ended in Mar. 2026 was 3.12.


Bulgarian River Shipping AD  (LTS:0ONQ) 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.


Bulgarian River Shipping AD Receivables Turnover Related Terms


Bulgarian River Shipping AD Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Bulgarian River Shipping AD'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.

Bulgarian River Shipping AD Receivables Turnover Chart

Bulgarian River Shipping AD 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 20.69 17.90 13.60 12.56 16.35

Bulgarian River Shipping AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.14 2.03 3.19 2.86 3.12

LTS:0ONQ vs KEX: Receivables Turnover Comparison

For the Marine Shipping subindustry, Bulgarian River Shipping AD'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.


Bulgarian River Shipping AD Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Bulgarian River Shipping AD's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bulgarian River Shipping AD's Receivables Turnover falls into.


LTS:0ONQ
21GF Score
Bulgarian River Shipping AD LTS:0ONQ
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bulgarian River Shipping AD Receivables Turnover Calculation

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

Bulgarian River Shipping AD'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 )
=16.424 / ((0.912 + 1.097) / 2 )
=16.424 / 1.0045
=16.35

Bulgarian River Shipping AD's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=4.414 / ((1.097 + 1.735) / 2 )
=4.414 / 1.416
=3.12

* 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 3.12 mean?
Bulgarian River Shipping AD (LTS:0ONQ) has a Receivables Turnover of 3.12 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 Bulgarian River Shipping AD and its competitors. According to the industry distribution chart, Bulgarian River Shipping AD ranks #316 out of 997 companies in the Transportation industry, placing it in the top 31.7%.
Is Bulgarian River Shipping AD's Receivables Turnover too high?
Bulgarian River Shipping AD's current Receivables Turnover is 3.12. The Transportation industry median Receivables Turnover is 7.80. Bulgarian River Shipping AD's value of 3.12 is 60% below this industry median. Based on the distribution chart, Bulgarian River Shipping AD ranks #316 out of 997 companies in the Transportation industry, which is above the industry midpoint. Overall, Bulgarian River Shipping AD has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bulgarian River Shipping AD's Receivables Turnover compare to KEX?
According to the Transportation industry distribution chart, Bulgarian River Shipping AD ranks #316 out of 997 companies for Receivables Turnover. This puts Bulgarian River Shipping AD in the upper half of its industry. The industry median Receivables Turnover is 7.80. Bulgarian River Shipping AD's value of 3.12 is 60% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.80, based on 997 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. Bulgarian River Shipping AD's current Receivables Turnover of 3.12 is 60% 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 Bulgarian River Shipping AD and its competitors. For the Transportation industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian River Shipping AD's current Receivables Turnover is 3.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian River Shipping AD stock overvalued right now?
Bulgarian River Shipping AD (LTS:0ONQ) has a current Receivables Turnover of 3.12. The stock's GF Value™ is лв1.16, compared to a current price of лв0.80 — trading 31% below its estimated fair value. The current Receivables Turnover is 3.12 and 60% below the Transportation industry median of 7.80. Bulgarian River Shipping AD's overall GF Score™ is 21/100 with 3 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 Bulgarian River Shipping AD (LTS:0ONQ), the current Receivables Turnover is 3.12 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 Bulgarian River Shipping AD (LTS:0ONQ) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian River Shipping AD stock appears to be undervalued. The current stock price of лв0.80 is trading 31% below its estimated GF Value™ of лв1.16.

Key valuation signals for LTS:0ONQ:

  • Receivables Turnover: 3.12
  • GF Value™: лв1.16 vs. price of лв0.80 (31% below fair value)
  • GF Score™: 21/100 with 3 warning signs
  • Industry Position: 60% below the Transportation median (#316 of 997)

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


Bulgarian River Shipping AD Business Description

Other Exchanges BRP:Bulgaria
Address Otetz Paisii Square 2, Ruse, BGR, 7000
Bulgarian River Shipping AD operates in the transportation industry. The company provides ferry services for passengers, transport of mass and general cargos, transport non-dangerous goods and fuels, and transport of large-scale and concentrated loads.
21GF Score

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

лв0.80
Price
лв1.16
GF Value