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Argo Defence Group ABNGM:ARGO +1.32%11 Receivables Turnover is 16.57 as of Dec. 2025. GuruFocus rates NGM:ARGO with a GF Score™ of 11/100. Among 348 Aerospace & Defense companies, Argo Defence Group AB ranks better than 91.38% 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. Argo Defence Group AB's Revenue for the
six
months ended in Dec. 2025 was kr162.2 Mil. Argo Defence Group AB's average Accounts Receivable for the
six
months ended in Dec. 2025 was kr9.8 Mil.
Hence, Argo Defence Group AB's Receivables Turnover for the
six
months ended in Dec. 2025 was 16.57.
Argo Defence Group AB (NGM:ARGO) 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.
Argo Defence Group AB Receivables Turnover Related Terms
Argo Defence Group AB Receivables Turnover Historical Data
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The historical data trend for Argo Defence Group 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.
Argo Defence Group AB Receivables Turnover Chart
Argo Defence Group AB Annual Data
Trend
Dec23
Dec24
Dec25
Receivables Turnover
207.52
44.33
16.57
Argo Defence Group AB Semi-Annual Data
Dec23
Dec24
Dec25
Receivables Turnover
207.52
44.33
16.57
NGM:ARGO vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Argo Defence Group 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.
Argo Defence Group AB Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Argo Defence Group AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Argo Defence Group AB'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.
Argo Defence Group AB (NGM:ARGO) has a Receivables Turnover of 16.57 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 Argo Defence Group AB and its competitors. According to the industry distribution chart, Argo Defence Group AB ranks #30 out of 348 companies in the Aerospace & Defense industry, placing it in the top 8.6%.
Is Argo Defence Group AB's Receivables Turnover too high?
Argo Defence Group AB's current Receivables Turnover is 16.57. The Aerospace & Defense industry median Receivables Turnover is 5.67. Argo Defence Group AB's value of 16.57 is 192.5% above this industry median. Based on the distribution chart, Argo Defence Group AB ranks #30 out of 348 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Argo Defence Group AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Argo Defence Group AB's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Argo Defence Group AB ranks #30 out of 348 companies for Receivables Turnover. This places Argo Defence Group AB in the top 9% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.67. Argo Defence Group AB's value of 16.57 is 192.5% above 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 Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.67, based on 348 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. Argo Defence Group AB's current Receivables Turnover of 16.57 is 192.5% above 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 Argo Defence Group AB and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Defence Group AB's current Receivables Turnover is 16.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Defence Group AB stock overvalued right now?
Argo Defence Group AB (NGM:ARGO) has a current Receivables Turnover of 16.57. The current Receivables Turnover is 16.57 and 192.5% above the Aerospace & Defense industry median of 5.67. Argo Defence Group AB's overall GF Score™ is 11/100. 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 Argo Defence Group AB (NGM:ARGO), the current Receivables Turnover is 16.57 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.
Argo Defence Group AB is a defence company. The company is focused on providing materiel, technology, and system solutions to strengthen military and civil defence sectors. The company operates in three areas namely, Defence Materiel, Counter-Explosive Risk Solutions, and Airfield Operations. The Defence Materiel develops equipment and systems for national defence and civil protection; Counter-Explosive Risk Solutions handles mine clearance, risk management, and safe munitions destruction; and Airfield Operations builds technical systems for airports and high-security sites.
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