Ocean Sun AS (OSL:OSUN) Receivables Turnover: 0.03 (As of Mar. 2026)


OSL:OSUN Ocean Sun AS OSL:OSUN
58 GF Score
Price kr0.56
GF Value kr1.21
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ocean Sun AS Receivables Turnover?

Ocean Sun AS OSL:OSUN +4.51% 58 Receivables Turnover is 0.03 as of Mar. 2026. GuruFocus rates OSL:OSUN with a GF Score™ of 58/100 and a GF Value™ of kr1.21 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 410 Utilities - Independent Power Producers companies, Ocean Sun AS ranks worse than 81.95% 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. Ocean Sun AS's Revenue for the three months ended in Mar. 2026 was kr0.04 Mil. Ocean Sun AS's average Accounts Receivable for the three months ended in Mar. 2026 was kr1.45 Mil. Hence, Ocean Sun AS's Receivables Turnover for the three months ended in Mar. 2026 was 0.03.


Ocean Sun AS  (OSL:OSUN) 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.


Ocean Sun AS Receivables Turnover Related Terms


Ocean Sun AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ocean Sun 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.

Ocean Sun AS Receivables Turnover Chart

Ocean Sun AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 0.03 0.87 3.00 4.62 1.21

Ocean Sun 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 0.00 0.19 0.42 1.80 0.03

Ocean Sun AS Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Ocean Sun 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.


Ocean Sun AS Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Sun AS's Receivables Turnover distribution charts can be found below:

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


OSL:OSUN
58GF Score
Ocean Sun AS OSL:OSUN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Sun AS Receivables Turnover Calculation

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

Ocean Sun 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 )
=2.191 / ((2.198 + 1.435) / 2 )
=2.191 / 1.8165
=1.21

Ocean Sun 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 )
=0.042 / ((1.435 + 1.464) / 2 )
=0.042 / 1.4495
=0.03

* 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 0.03 mean?
Ocean Sun AS (OSL:OSUN) has a Receivables Turnover of 0.03 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 Ocean Sun AS and its competitors. According to the industry distribution chart, Ocean Sun AS ranks #336 out of 410 companies in the Utilities - Independent Power Producers industry, placing it in the top 82%.
Is Ocean Sun AS's Receivables Turnover too high?
Ocean Sun AS's current Receivables Turnover is 0.03. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.75. Ocean Sun AS's value of 0.03 is 99.5% below this industry median. Based on the distribution chart, Ocean Sun AS ranks #336 out of 410 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Ocean Sun AS has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Sun AS's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ocean Sun AS ranks #336 out of 410 companies for Receivables Turnover. This places Ocean Sun AS in the lower half of its industry. The industry median Receivables Turnover is 5.75. Ocean Sun AS's value of 0.03 is 99.5% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.75, based on 410 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. Ocean Sun AS's current Receivables Turnover of 0.03 is 99.5% 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 Ocean Sun AS and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Sun AS's current Receivables Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Sun AS stock overvalued right now?
Based on GuruFocus' analysis, Ocean Sun AS (OSL:OSUN) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.21, compared to a current price of kr0.56 — trading 54% below its estimated fair value. The current Receivables Turnover is 0.03 and 99.5% below the Utilities - Independent Power Producers industry median of 5.75. Ocean Sun AS's overall GF Score™ is 58/100 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 Ocean Sun AS (OSL:OSUN), the current Receivables Turnover is 0.03 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 Ocean Sun AS (OSL:OSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Sun AS stock appears to be undervalued. The current stock price of kr0.56 is trading 54% below its estimated GF Value™ of kr1.21. GuruFocus considers Ocean Sun AS to be Possible Value Trap.

Key valuation signals for OSL:OSUN:

  • Receivables Turnover: 0.03
  • GF Value™: kr1.21 vs. price of kr0.56 (54% below fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 99.5% below the Utilities - Independent Power Producers median (#336 of 410)

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


Ocean Sun AS Business Description

Other Exchanges OW7:Germany
Address Vollsveien 4, Lysaker, NOR, 1366
Ocean Sun AS manufactures and distributes floating solar power production systems. The company operates as a technology provider, offering license agreements to developers and independent power producers across the world. Its Ocean Sun systems (OS-75 and OS-50) consist of one or multiple floaters anchored side-by-side to build larger power plants. The company's technology is used in various floating solar power production projects, including Alida, Siera Brava, Haiyang (offshore), and Soneva Secret, among others. Geographically, it generates maximum revenue from Europe and Middle East, followed by North East Asia (including China), South East Asia, and the Americas.
58GF Score

Get the complete analysis for OSL:OSUN

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

kr0.56
Price
kr1.21
GF Value