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. Norwegian Air Shuttle ASA's Revenue for the
three
months ended in Mar. 2026 was kr6,904 Mil. Norwegian Air Shuttle ASA's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr4,466 Mil.
Hence, Norwegian Air Shuttle ASA's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.55.
Norwegian Air Shuttle ASA (OSL:NAS) 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.
Norwegian Air Shuttle ASA Receivables Turnover Related Terms
Norwegian Air Shuttle ASA Receivables Turnover Historical Data
* 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.
Norwegian Air Shuttle ASA Receivables Turnover Chart
OSL:NAS vs DAL, UAL, LUV: Receivables Turnover Comparison
For the Airlines subindustry, Norwegian Air Shuttle ASA'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.
Norwegian Air Shuttle ASA Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Norwegian Air Shuttle ASA'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.
Norwegian Air Shuttle ASA (OSL:NAS) has a Receivables Turnover of 1.55 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 Norwegian Air Shuttle ASA and its competitors. According to the industry distribution chart, Norwegian Air Shuttle ASA ranks #453 out of 996 companies in the Transportation industry, placing it in the top 45.5%.
Is Norwegian Air Shuttle ASA's Receivables Turnover too high?
Norwegian Air Shuttle ASA's current Receivables Turnover is 1.55. The Transportation industry median Receivables Turnover is 7.70. Norwegian Air Shuttle ASA's value of 1.55 is 79.9% below this industry median. Based on the distribution chart, Norwegian Air Shuttle ASA ranks #453 out of 996 companies in the Transportation industry, which is above the industry midpoint. Overall, Norwegian Air Shuttle ASA has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Air Shuttle ASA's Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, Norwegian Air Shuttle ASA ranks #453 out of 996 companies for Receivables Turnover. This puts Norwegian Air Shuttle ASA in the upper half of its industry. The industry median Receivables Turnover is 7.70. Norwegian Air Shuttle ASA's value of 1.55 is 79.9% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.70, based on 996 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. Norwegian Air Shuttle ASA's current Receivables Turnover of 1.55 is 79.9% 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 Norwegian Air Shuttle ASA and its competitors. For the Transportation industry, the median Receivables Turnover is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Air Shuttle ASA's current Receivables Turnover is 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Air Shuttle ASA stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA (OSL:NAS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr16.07, compared to a current price of kr13.71 — trading 14.7% below its estimated fair value. The current Receivables Turnover is 1.55 and 79.9% below the Transportation industry median of 7.70. Norwegian Air Shuttle ASA's overall GF Score™ is 73/100 with 4 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 Norwegian Air Shuttle ASA (OSL:NAS), the current Receivables Turnover is 1.55 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 Norwegian Air Shuttle ASA (OSL:NAS) Overvalued in 2026?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be undervalued.
The current stock price of kr13.71 is trading 14.7% below its estimated GF Value™ of kr16.07.
GuruFocus considers Norwegian Air Shuttle ASA to be Modestly Undervalued.
Key valuation signals for OSL:NAS:
Receivables Turnover: 1.55
GF Value™: kr16.07 vs. price of kr13.71 (14.7% below fair value)
Industry Position: 79.9% below the Transportation median (#453 of 996)
No single metric tells the full story. See the OSL:NAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Operations, Wideroe and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.
73GF Score
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