Black Sea Property AS (OSL:BSP) Receivables Turnover: 4.01 (As of Dec. 2025)


OSL:BSP Black Sea Property AS OSL:BSP
15 GF Score
Price kr3.30
GF Value kr7.84
Valuation Possible Value Trap
! 7 Warning Signs
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What is Black Sea Property AS Receivables Turnover?

Black Sea Property AS OSL:BSP -7.30% 15 Receivables Turnover is 4.01 as of Dec. 2025. GuruFocus rates OSL:BSP with a GF Score™ of 15/100 and a GF Value™ of kr7.84 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 833 Travel & Leisure companies, Black Sea Property AS ranks better than 55.94% 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. Black Sea Property AS's Revenue for the six months ended in Dec. 2025 was kr1.53 Mil. Black Sea Property AS's average Accounts Receivable for the six months ended in Dec. 2025 was kr0.38 Mil. Hence, Black Sea Property AS's Receivables Turnover for the six months ended in Dec. 2025 was 4.01.


Black Sea Property AS  (OSL:BSP) 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.


Black Sea Property AS Receivables Turnover Related Terms


Black Sea Property AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Black Sea Property 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.

Black Sea Property AS Receivables Turnover Chart

Black Sea Property 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 0.00 6.67 13.78 22.75 33.77

Black Sea Property AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 5.97 0.71 9.77 9.72 4.01

OSL:BSP vs MAR, HLT, H: Receivables Turnover Comparison

For the Lodging subindustry, Black Sea Property 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.


Black Sea Property AS Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Black Sea Property AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Black Sea Property AS's Receivables Turnover falls into.


OSL:BSP
15GF Score
Black Sea Property AS OSL:BSP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Sea Property AS Receivables Turnover Calculation

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

Black Sea Property 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 )
=5.2 / ((0.151 + 0.157) / 2 )
=5.2 / 0.154
=33.77

Black Sea Property AS's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=1.527 / ((0.605 + 0.157) / 2 )
=1.527 / 0.381
=4.01

* 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 4.01 mean?
Black Sea Property AS (OSL:BSP) has a Receivables Turnover of 4.01 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 Black Sea Property AS and its competitors. According to the industry distribution chart, Black Sea Property AS ranks #367 out of 833 companies in the Travel & Leisure industry, placing it in the top 44.1%.
Is Black Sea Property AS's Receivables Turnover too high?
Black Sea Property AS's current Receivables Turnover is 4.01. The Travel & Leisure industry median Receivables Turnover is 14.09. Black Sea Property AS's value of 4.01 is 71.5% below this industry median. Based on the distribution chart, Black Sea Property AS ranks #367 out of 833 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Black Sea Property AS has a GF Score™ of 15/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Black Sea Property AS's Receivables Turnover compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Black Sea Property AS ranks #367 out of 833 companies for Receivables Turnover. This puts Black Sea Property AS in the upper half of its industry. The industry median Receivables Turnover is 14.09. Black Sea Property AS's value of 4.01 is 71.5% 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 14.09, based on 833 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. Black Sea Property AS's current Receivables Turnover of 4.01 is 71.5% 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 Black Sea Property AS and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Sea Property AS's current Receivables Turnover is 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Sea Property AS stock overvalued right now?
Based on GuruFocus' analysis, Black Sea Property AS (OSL:BSP) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.84, compared to a current price of kr3.30 — trading 57.9% below its estimated fair value. The current Receivables Turnover is 4.01 and 71.5% below the Travel & Leisure industry median of 14.09. Black Sea Property AS's overall GF Score™ is 15/100 with 7 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 Black Sea Property AS (OSL:BSP), the current Receivables Turnover is 4.01 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 Black Sea Property AS (OSL:BSP) Overvalued in 2026?

Based on GuruFocus' analysis, Black Sea Property AS stock appears to be undervalued. The current stock price of kr3.30 is trading 57.9% below its estimated GF Value™ of kr7.84. GuruFocus considers Black Sea Property AS to be Possible Value Trap.

Key valuation signals for OSL:BSP:

  • Receivables Turnover: 4.01
  • GF Value™: kr7.84 vs. price of kr3.30 (57.9% below fair value)
  • GF Score™: 15/100 with 7 warning signs
  • Industry Position: 71.5% below the Travel & Leisure median (#367 of 833)

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


Black Sea Property AS Business Description

Address Sagveien 23 A, Box 46 Torshov, Oslo, NOR, 0459
Black Sea Property AS is engaged in the lodging business.
15GF Score

Get the complete analysis for OSL:BSP

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

kr3.30
Price
kr7.84
GF Value