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LightAir ABNGM:LAIR +4.41%32 Receivables Turnover is 2.18 as of Dec. 2025. GuruFocus rates NGM:LAIR with a GF Score™ of 32/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,028 Industrial Products companies, LightAir AB ranks better than 62.95% 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. LightAir AB's Revenue for the
six
months ended in Dec. 2025 was kr6.25 Mil. LightAir AB's average Accounts Receivable for the
six
months ended in Dec. 2025 was kr2.86 Mil.
Hence, LightAir AB's Receivables Turnover for the
six
months ended in Dec. 2025 was 2.18.
LightAir AB (NGM:LAIR) 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.
LightAir AB Receivables Turnover Related Terms
LightAir AB Receivables Turnover Historical Data
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The historical data trend for LightAir 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.
NGM:LAIR vs VLTO, ZWS, CECO: Receivables Turnover Comparison
For the Pollution & Treatment Controls subindustry, LightAir 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.
LightAir AB Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LightAir AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where LightAir 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.
LightAir AB (NGM:LAIR) has a Receivables Turnover of 2.18 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 LightAir AB and its competitors. According to the industry distribution chart, LightAir AB ranks #1122 out of 3028 companies in the Industrial Products industry, placing it in the top 37.1%.
Is LightAir AB's Receivables Turnover too high?
LightAir AB's current Receivables Turnover is 2.18. The Industrial Products industry median Receivables Turnover is 4.45. LightAir AB's value of 2.18 is 51% below this industry median. Based on the distribution chart, LightAir AB ranks #1122 out of 3028 companies in the Industrial Products industry, which is above the industry midpoint. Overall, LightAir AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's Receivables Turnover compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, LightAir AB ranks #1122 out of 3028 companies for Receivables Turnover. This puts LightAir AB in the upper half of its industry. The industry median Receivables Turnover is 4.45. LightAir AB's value of 2.18 is 51% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. LightAir AB's current Receivables Turnover of 2.18 is 51% 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 LightAir AB and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightAir AB's current Receivables Turnover is 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.71 — trading 153.6% above its estimated fair value. The current Receivables Turnover is 2.18 and 51% below the Industrial Products industry median of 4.45. LightAir AB's overall GF Score™ is 32/100 with 3 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 LightAir AB (NGM:LAIR), the current Receivables Turnover is 2.18 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 LightAir AB (NGM:LAIR) Overvalued in 2026?
Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued.
The current stock price of kr0.71 is trading 153.6% above its estimated GF Value™ of kr0.28.
GuruFocus considers LightAir AB to be Significantly Overvalued.
Key valuation signals for NGM:LAIR:
Receivables Turnover: 2.18
GF Value™: kr0.28 vs. price of kr0.71 (153.6% above fair value)
Industry Position: 51% below the Industrial Products median (#1122 of 3028)
No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
32GF Score
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