Adverty AB (NGM:ADVT) Receivables Turnover: 0.68 (As of Mar. 2026)


NGM:ADVT Adverty AB NGM:ADVT
40 GF Score
Price kr0.16
GF Value kr0.09
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Adverty AB Receivables Turnover?

Adverty AB NGM:ADVT -6.06% 40 Receivables Turnover is 0.68 as of Mar. 2026. GuruFocus rates NGM:ADVT with a GF Score™ of 40/100 and a GF Value™ of kr0.09 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,010 Media - Diversified companies, Adverty AB ranks worse than 77.03% 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. Adverty AB's Revenue for the three months ended in Mar. 2026 was kr7.80 Mil. Adverty AB's average Accounts Receivable for the three months ended in Mar. 2026 was kr11.51 Mil. Hence, Adverty AB's Receivables Turnover for the three months ended in Mar. 2026 was 0.68.


Adverty AB  (NGM:ADVT) 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.


Adverty AB Receivables Turnover Related Terms


Adverty AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Adverty 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.

Adverty AB Receivables Turnover Chart

Adverty AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 3.91 3.05 3.14 2.83 2.99

Adverty AB 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 0.57 0.00 0.00 1.11 0.68

NGM:ADVT vs APP, OMC, TTD: Receivables Turnover Comparison

For the Advertising Agencies subindustry, Adverty 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.


Adverty AB Receivables Turnover vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adverty AB's Receivables Turnover distribution charts can be found below:

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


NGM:ADVT
40GF Score
Adverty AB NGM:ADVT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Adverty AB Receivables Turnover Calculation

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

Adverty 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 )
=33.684 / ((11.045 + 11.508) / 2 )
=33.684 / 11.2765
=2.99

Adverty AB'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 )
=7.802 / ((11.508 + 0) / 1 )
=7.802 / 11.508
=0.68

* 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 0.68 mean?
Adverty AB (NGM:ADVT) has a Receivables Turnover of 0.68 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 Adverty AB and its competitors. According to the industry distribution chart, Adverty AB ranks #778 out of 1010 companies in the Media - Diversified industry, placing it in the top 77%.
Is Adverty AB's Receivables Turnover too high?
Adverty AB's current Receivables Turnover is 0.68. The Media - Diversified industry median Receivables Turnover is 5.33. Adverty AB's value of 0.68 is 87.2% below this industry median. Based on the distribution chart, Adverty AB ranks #778 out of 1010 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Adverty AB has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adverty AB's Receivables Turnover compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Adverty AB ranks #778 out of 1010 companies for Receivables Turnover. This places Adverty AB in the lower half of its industry. The industry median Receivables Turnover is 5.33. Adverty AB's value of 0.68 is 87.2% 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 Media - Diversified company?
The median Receivables Turnover among Media - Diversified companies is 5.33, based on 1,010 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. Adverty AB's current Receivables Turnover of 0.68 is 87.2% 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 Adverty AB and its competitors. For the Media - Diversified industry, the median Receivables Turnover is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adverty AB's current Receivables Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adverty AB stock overvalued right now?
Based on GuruFocus' analysis, Adverty AB (NGM:ADVT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.09, compared to a current price of kr0.16 — trading 72.2% above its estimated fair value. The current Receivables Turnover is 0.68 and 87.2% below the Media - Diversified industry median of 5.33. Adverty AB's overall GF Score™ is 40/100 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 Adverty AB (NGM:ADVT), the current Receivables Turnover is 0.68 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 Adverty AB (NGM:ADVT) Overvalued in 2026?

Based on GuruFocus' analysis, Adverty AB stock appears to be overvalued. The current stock price of kr0.16 is trading 72.2% above its estimated GF Value™ of kr0.09. GuruFocus considers Adverty AB to be Significantly Overvalued.

Key valuation signals for NGM:ADVT:

  • Receivables Turnover: 0.68
  • GF Value™: kr0.09 vs. price of kr0.16 (72.2% above fair value)
  • GF Score™: 40/100 with 8 warning signs
  • Industry Position: 87.2% below the Media - Diversified median (#778 of 1010)

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


Adverty AB Business Description

Address Medborgarplatsen 25, Stockholm, SWE, 118 72
Adverty AB is engaged in the development and operation of advertising solutions for Virtual Reality and Augmented Reality and related business.
40GF Score

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

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