Attana AB (NGM:ATANA) Receivables Turnover: 2.11 (As of Mar. 2026)

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What is Attana AB Receivables Turnover?

Attana AB NGM:ATANA Receivables Turnover is 2.11 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 202 Medical Diagnostics & Research companies, Attana AB ranks worse than 68.32% 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. Attana AB's Revenue for the three months ended in Mar. 2026 was kr0.43 Mil. Attana AB's average Accounts Receivable for the three months ended in Mar. 2026 was kr0.20 Mil. Hence, Attana AB's Receivables Turnover for the three months ended in Mar. 2026 was 2.11.


Attana AB  (NGM:ATANA) 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.


Attana AB Receivables Turnover Related Terms


Attana AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Attana 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.

Attana AB Receivables Turnover Chart

Attana AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 1.11 6.61 4.91 31.09 16.11

Attana 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 2.24 0.47 1.90 3.93 2.11

NGM:ATANA vs TMO, DHR, IDXX: Receivables Turnover Comparison

For the Diagnostics & Research subindustry, Attana 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.


Attana AB Receivables Turnover vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Attana AB's Receivables Turnover distribution charts can be found below:

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



Attana AB Receivables Turnover Calculation

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

Attana 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 )
=2.473 / ((0.153 + 0.154) / 2 )
=2.473 / 0.1535
=16.11

Attana 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 )
=0.431 / ((0.154 + 0.254) / 2 )
=0.431 / 0.204
=2.11

* 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 2.11 mean?
Attana AB (NGM:ATANA) has a Receivables Turnover of 2.11 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 Attana AB and its competitors. According to the industry distribution chart, Attana AB ranks #138 out of 202 companies in the Medical Diagnostics & Research industry, placing it in the top 68.3%.
Is Attana AB's Receivables Turnover too high?
Attana AB's current Receivables Turnover is 2.11. The Medical Diagnostics & Research industry median Receivables Turnover is 5.38. Attana AB's value of 2.11 is 60.8% below this industry median. Based on the distribution chart, Attana AB ranks #138 out of 202 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint.
How does Attana AB's Receivables Turnover compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Attana AB ranks #138 out of 202 companies for Receivables Turnover. This places Attana AB in the lower half of its industry. The industry median Receivables Turnover is 5.38. Attana AB's value of 2.11 is 60.8% 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 Medical Diagnostics & Research company?
The median Receivables Turnover among Medical Diagnostics & Research companies is 5.38, based on 202 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. Attana AB's current Receivables Turnover of 2.11 is 60.8% 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 Attana AB and its competitors. For the Medical Diagnostics & Research industry, the median Receivables Turnover is 5.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Attana AB's current Receivables Turnover is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Attana AB stock overvalued right now?
Attana AB (NGM:ATANA) has a current Receivables Turnover of 2.11. The current Receivables Turnover is 2.11 and 60.8% below the Medical Diagnostics & Research industry median of 5.38. 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 Attana AB (NGM:ATANA), the current Receivables Turnover is 2.11 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.

Attana AB Business Description

Address Bjornnasvagen 21, Stockholm, SWE, SE-114 19
Attana AB offers biologically relevant information to improve efficiency and performance of pharmaceutical drug development.