Creturner Group AB (NGM:CRET) Receivables Turnover: 2.74 (As of Mar. 2026)

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NGM:CRET Creturner Group AB NGM:CRET
38 GF Score
Price kr0.14
GF Value kr0.13
Valuation Fairly Valued
! 5 Warning Signs
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What is Creturner Group AB Receivables Turnover?

Creturner Group AB NGM:CRET -1.44% 38 Receivables Turnover is 2.74 as of Mar. 2026. GuruFocus rates NGM:CRET with a GF Score™ of 38/100 and a GF Value™ of kr0.13 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,775 Software companies, Creturner Group AB ranks worse than 87.6% 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. Creturner Group AB's Revenue for the three months ended in Mar. 2026 was kr3.13 Mil. Creturner Group AB's average Accounts Receivable for the three months ended in Mar. 2026 was kr1.14 Mil. Hence, Creturner Group AB's Receivables Turnover for the three months ended in Mar. 2026 was 2.74.


Creturner Group AB  (NGM:CRET) 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.


Creturner Group AB Receivables Turnover Related Terms


Creturner Group AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Creturner 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.

Creturner Group AB Receivables Turnover Chart

Creturner Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial 718.68 32.04 9.17 12.66 10.89

Creturner Group 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 0.69 0.03 2.26 1.12 2.74

NGM:CRET vs UBER, SHOP, CRM: Receivables Turnover Comparison

For the Software - Application subindustry, Creturner 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.


Creturner Group AB Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Creturner Group AB's Receivables Turnover distribution charts can be found below:

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


NGM:CRET
38GF Score
Creturner Group AB NGM:CRET
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Creturner Group AB Receivables Turnover Calculation

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

Creturner Group 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 )
=22.14 / ((3.136 + 0.93) / 2 )
=22.14 / 2.033
=10.89

Creturner Group 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 )
=3.131 / ((0.93 + 1.359) / 2 )
=3.131 / 1.1445
=2.74

* 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 2.74 mean?
Creturner Group AB (NGM:CRET) has a Receivables Turnover of 2.74 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 Creturner Group AB and its competitors. According to the industry distribution chart, Creturner Group AB ranks #2431 out of 2775 companies in the Software industry, placing it in the top 87.6%.
Is Creturner Group AB's Receivables Turnover too high?
Creturner Group AB's current Receivables Turnover is 2.74. The Software industry median Receivables Turnover is 5.72. Creturner Group AB's value of 2.74 is 52.1% below this industry median. Based on the distribution chart, Creturner Group AB ranks #2431 out of 2775 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Creturner Group AB has a GF Score™ of 38/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Creturner Group AB's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Creturner Group AB ranks #2431 out of 2775 companies for Receivables Turnover. This places Creturner Group AB in the lower half of its industry. The industry median Receivables Turnover is 5.72. Creturner Group AB's value of 2.74 is 52.1% 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 2,775 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. Creturner Group AB's current Receivables Turnover of 2.74 is 52.1% 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 Creturner Group AB 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. Creturner Group AB's current Receivables Turnover is 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creturner Group AB stock overvalued right now?
Based on GuruFocus' analysis, Creturner Group AB (NGM:CRET) is currently considered Fairly Valued. The stock's GF Value™ is kr0.13, compared to a current price of kr0.14 — trading 5.4% above its estimated fair value. The current Receivables Turnover is 2.74 and 52.1% below the Software industry median of 5.72. Creturner Group AB's overall GF Score™ is 38/100 with 5 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 Creturner Group AB (NGM:CRET), the current Receivables Turnover is 2.74 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 Creturner Group AB (NGM:CRET) Overvalued in 2026?

Based on GuruFocus' analysis, Creturner Group AB stock appears to be overvalued. The current stock price of kr0.14 is trading 5.4% above its estimated GF Value™ of kr0.13. GuruFocus considers Creturner Group AB to be Fairly Valued.

Key valuation signals for NGM:CRET:

  • Receivables Turnover: 2.74
  • GF Value™: kr0.13 vs. price of kr0.14 (5.4% above fair value)
  • GF Score™: 38/100 with 5 warning signs
  • Industry Position: 52.1% below the Software median (#2431 of 2775)

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


Creturner Group AB Business Description

Address Atlasvagen 2, Smedjebacken, SWE, 77734
Creturner Group AB operates in two environmental technology areas: technical computing and BCR-based (Biochar Carbon Removal) environmental solutions. Its digital segment focuses on expanding technical computing and leased HPC capacity, supported by its own production facilities in Sweden to reduce raw material costs and environmental impact. The environmental segment provides permanent, measurable carbon offsets by converting residual biomass into stored carbon, with results and returns monitored through linked smart contracts.
38GF Score

Get the complete analysis for NGM:CRET

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

kr0.14
Price
kr0.13
GF Value