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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. Tivoli AS's Revenue for the
three
months ended in Mar. 2026 was kr81 Mil. Tivoli AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr34 Mil.
Hence, Tivoli AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.39.
Tivoli AS (OCSE:TIV) 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.
Tivoli AS Receivables Turnover Related Terms
Tivoli AS Receivables Turnover Historical Data
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The historical data trend for Tivoli 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.
OCSE:TIV vs AS, HAS, LTH: Receivables Turnover Comparison
For the Leisure subindustry, Tivoli 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.
Tivoli AS Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tivoli AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tivoli AS'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.
Tivoli AS (OCSE:TIV) has a Receivables Turnover of 2.39 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 Tivoli AS and its competitors. According to the industry distribution chart, Tivoli AS ranks #163 out of 832 companies in the Travel & Leisure industry, placing it in the top 19.6%.
Is Tivoli AS's Receivables Turnover too high?
Tivoli AS's current Receivables Turnover is 2.39. The Travel & Leisure industry median Receivables Turnover is 14.10. Tivoli AS's value of 2.39 is 83% below this industry median. Based on the distribution chart, Tivoli AS ranks #163 out of 832 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tivoli AS has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tivoli AS's Receivables Turnover compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Tivoli AS ranks #163 out of 832 companies for Receivables Turnover. This places Tivoli AS in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 14.10. Tivoli AS's value of 2.39 is 83% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.10, based on 832 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. Tivoli AS's current Receivables Turnover of 2.39 is 83% 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 Tivoli AS and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tivoli AS's current Receivables Turnover is 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivoli AS stock overvalued right now?
Based on GuruFocus' analysis, Tivoli AS (OCSE:TIV) is currently considered Modestly Undervalued. The stock's GF Value™ is kr742.87, compared to a current price of kr638.00 — trading 14.1% below its estimated fair value. The current Receivables Turnover is 2.39 and 83% below the Travel & Leisure industry median of 14.10. Tivoli AS's overall GF Score™ is 83/100 with 1 warning sign 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 Tivoli AS (OCSE:TIV), the current Receivables Turnover is 2.39 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 Tivoli AS (OCSE:TIV) Overvalued in 2026?
Based on GuruFocus' analysis, Tivoli AS stock appears to be undervalued.
The current stock price of kr638.00 is trading 14.1% below its estimated GF Value™ of kr742.87.
GuruFocus considers Tivoli AS to be Modestly Undervalued.
Key valuation signals for OCSE:TIV:
Receivables Turnover: 2.39
GF Value™: kr742.87 vs. price of kr638.00 (14.1% below fair value)
Industry Position: 83% below the Travel & Leisure median (#163 of 832)
No single metric tells the full story. See the OCSE:TIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tivoli AS operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, and a circus. The company operates in six business segments: Games, Food & Beverage, High-End, Enterprise Rental, Sales, and Culture. It generates the majority of its revenue from the Sales segment.
83GF Score
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