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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. Asker Healthcare Group AB's Revenue for the
three
months ended in Mar. 2026 was kr4,521 Mil. Asker Healthcare Group AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr2,103 Mil.
Hence, Asker Healthcare Group AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.15.
Asker Healthcare Group AB (OSTO:ASKER) 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.
Asker Healthcare Group AB Receivables Turnover Related Terms
Asker Healthcare Group AB 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.
Asker Healthcare Group AB Receivables Turnover Chart
OSTO:ASKER vs MCK, CAH, COR: Receivables Turnover Comparison
For the Medical Distribution subindustry, Asker Healthcare Group AB'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.
Asker Healthcare Group AB Receivables Turnover vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Asker Healthcare Group AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Asker Healthcare Group AB'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.
Asker Healthcare Group AB (OSTO:ASKER) has a Receivables Turnover of 2.15 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 Asker Healthcare Group AB and its competitors. According to the industry distribution chart, Asker Healthcare Group AB ranks #19 out of 117 companies in the Medical Distribution industry, placing it in the top 16.2%.
Is Asker Healthcare Group AB's Receivables Turnover too high?
Asker Healthcare Group AB's current Receivables Turnover is 2.15. The Medical Distribution industry median Receivables Turnover is 4.55. Asker Healthcare Group AB's value of 2.15 is 52.7% below this industry median. Based on the distribution chart, Asker Healthcare Group AB ranks #19 out of 117 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Asker Healthcare Group AB has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Asker Healthcare Group AB's Receivables Turnover compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Asker Healthcare Group AB ranks #19 out of 117 companies for Receivables Turnover. This places Asker Healthcare Group AB in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.55. Asker Healthcare Group AB's value of 2.15 is 52.7% 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 Medical Distribution company?
The median Receivables Turnover among Medical Distribution companies is 4.55, based on 117 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. Asker Healthcare Group AB's current Receivables Turnover of 2.15 is 52.7% 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 Asker Healthcare Group AB and its competitors. For the Medical Distribution industry, the median Receivables Turnover is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asker Healthcare Group AB's current Receivables Turnover is 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asker Healthcare Group AB stock overvalued right now?
Asker Healthcare Group AB (OSTO:ASKER) has a current Receivables Turnover of 2.15. The current Receivables Turnover is 2.15 and 52.7% below the Medical Distribution industry median of 4.55. Asker Healthcare Group AB's overall GF Score™ is 13/100 with 2 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 Asker Healthcare Group AB (OSTO:ASKER), the current Receivables Turnover is 2.15 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.
Asker Healthcare Group AB is a provider of medical products and solutions that drive progress in the European healthcare sector. The company is engaged in building and acquiring companies to support the healthcare system to improve patient outcomes, reduce the total cost of care, and ensure a fair and sustainable value chain. The company also offers a range of value-added solutions to support its suppliers and customers in, for example, market access, efficiency, and sustainability. Company has adapted a twin engine growth strategy that combines organic and acquired growth. Geographically, the company evaluates the operations in three business areas: North, West and Central.
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