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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. Northern Data AG's Revenue for the
six
months ended in Dec. 2025 was €80.04 Mil. Northern Data AG's average Accounts Receivable for the
six
months ended in Dec. 2025 was €32.99 Mil.
Hence, Northern Data AG's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.43.
Northern Data AG (MIL:1NB) 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.
Northern Data AG Receivables Turnover Related Terms
Northern Data AG Receivables Turnover Historical Data
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The historical data trend for Northern Data AG'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.
MIL:1NB vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Northern Data AG'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.
Northern Data AG Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Northern Data AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Northern Data AG'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.
Northern Data AG (MIL:1NB) has a Receivables Turnover of 2.43 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 Northern Data AG and its competitors. According to the industry distribution chart, Northern Data AG ranks #2348 out of 2781 companies in the Software industry, placing it in the top 84.4%.
Is Northern Data AG's Receivables Turnover too high?
Northern Data AG's current Receivables Turnover is 2.43. The Software industry median Receivables Turnover is 5.72. Northern Data AG's value of 2.43 is 57.5% below this industry median. Based on the distribution chart, Northern Data AG ranks #2348 out of 2781 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Northern Data AG has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Data AG's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Northern Data AG ranks #2348 out of 2781 companies for Receivables Turnover. This places Northern Data AG in the lower half of its industry. The industry median Receivables Turnover is 5.72. Northern Data AG's value of 2.43 is 57.5% 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 Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,781 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. Northern Data AG's current Receivables Turnover of 2.43 is 57.5% 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 Northern Data AG and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Data AG's current Receivables Turnover is 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Data AG stock overvalued right now?
Based on GuruFocus' analysis, Northern Data AG (MIL:1NB) is currently considered Possible Value Trap. The stock's GF Value™ is €8.91, compared to a current price of €5.98 — trading 32.9% below its estimated fair value. The current Receivables Turnover is 2.43 and 57.5% below the Software industry median of 5.72. Northern Data AG's overall GF Score™ is 28/100 with 8 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 Northern Data AG (MIL:1NB), the current Receivables Turnover is 2.43 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 Northern Data AG (MIL:1NB) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Data AG stock appears to be undervalued.
The current stock price of €5.98 is trading 32.9% below its estimated GF Value™ of €8.91.
GuruFocus considers Northern Data AG to be Possible Value Trap.
Key valuation signals for MIL:1NB:
Receivables Turnover: 2.43
GF Value™: €8.91 vs. price of €5.98 (32.9% below fair value)
Industry Position: 57.5% below the Software median (#2348 of 2781)
No single metric tells the full story. See the MIL:1NB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Data AG is a Business-to-Business technology company developing, using, and selling solutions on vertically integrated computing infrastructure. Its segment includes Peak Mining; Taiga Cloud and Ardent Data Centers. Geographically, it operates in Europe (excluding Germany), North America, and Germany. The company derives maximum revenue from Europe.
28GF Score
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