NRKBF (NKT AS) Receivables Turnover: 2.43 (As of Mar. 2026)

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NRKBF NKT AS NRKBF
80 GF Score
Price $158.30
GF Value $95.67
Valuation Significantly Overvalued
! 5 Warning Signs
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What is NKT AS Receivables Turnover?

NKT AS NRKBF +25.23% 80 Receivables Turnover is 2.43 as of Mar. 2026. GuruFocus rates NRKBF with a GF Score™ of 80/100 and a GF Value™ of $95.67 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 3,028 Industrial Products companies, NKT AS ranks better than 86.43% 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. NKT AS's Revenue for the three months ended in Mar. 2026 was $999 Mil. NKT AS's average Accounts Receivable for the three months ended in Mar. 2026 was $412 Mil. Hence, NKT AS's Receivables Turnover for the three months ended in Mar. 2026 was 2.43.


NKT AS  (OTCPK:NRKBF) 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.


NKT AS Receivables Turnover Related Terms


NKT AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NKT AS'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.

NKT AS Receivables Turnover Chart

NKT AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.47 9.55 11.76 13.02 12.34

NKT AS 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 2.28 1.96 1.77 1.86 2.43

NRKBF vs VRT, BE, HUBB: Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, NKT AS'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.


NKT AS Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NKT AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where NKT AS's Receivables Turnover falls into.


NRKBF
80GF Score
NKT AS NRKBF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NKT AS Receivables Turnover Calculation

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

NKT AS'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 )
=4174.473 / ((268.063 + 408.665) / 2 )
=4174.473 / 338.364
=12.34

NKT AS'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 )
=998.844 / ((408.665 + 415.029) / 2 )
=998.844 / 411.847
=2.43

* 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 2.43 mean?
NKT AS (NRKBF) has a Receivables Turnover of 2.43 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 NKT AS and its competitors. According to the industry distribution chart, NKT AS ranks #411 out of 3028 companies in the Industrial Products industry, placing it in the top 13.6%.
Is NKT AS's Receivables Turnover too high?
NKT AS's current Receivables Turnover is 2.43. The Industrial Products industry median Receivables Turnover is 4.45. NKT AS's value of 2.43 is 45.4% below this industry median. Based on the distribution chart, NKT AS ranks #411 out of 3028 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, NKT AS has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKT AS's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, NKT AS ranks #411 out of 3028 companies for Receivables Turnover. This places NKT AS in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.45. NKT AS's value of 2.43 is 45.4% 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. NKT AS's current Receivables Turnover of 2.43 is 45.4% 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 NKT AS 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. NKT AS's current Receivables Turnover is 2.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKT AS stock overvalued right now?
Based on GuruFocus' analysis, NKT AS (NRKBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $95.67, compared to a current price of $158.30 — trading 65.5% above its estimated fair value. The current Receivables Turnover is 2.43 and 45.4% below the Industrial Products industry median of 4.45. NKT AS's overall GF Score™ is 80/100 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 NKT AS (NRKBF), the current Receivables Turnover is 2.43 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 NKT AS (NRKBF) Overvalued in 2026?

Based on GuruFocus' analysis, NKT AS stock appears to be overvalued. The current stock price of $158.30 is trading 65.5% above its estimated GF Value™ of $95.67. GuruFocus considers NKT AS to be Significantly Overvalued.

Key valuation signals for NRKBF:

  • Receivables Turnover: 2.43
  • GF Value™: $95.67 vs. price of $158.30 (65.5% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 45.4% below the Industrial Products median (#411 of 3028)

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


NKT AS Business Description

Address Amerika Plads 29, Copenhagen, DNK, 2100
NKT AS is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.
80GF Score

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

$158.30
Price
$95.67
GF Value