Nimbus Group AB (OSTO:BOAT) Receivables Turnover: 3.08 (As of Jun. 2026)

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OSTO:BOAT Nimbus Group AB OSTO:BOAT
63 GF Score
Price kr11.00
GF Value kr8.26
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nimbus Group AB Receivables Turnover?

Nimbus Group AB OSTO:BOAT -1.79% 63 Receivables Turnover is 3.08 as of Jun. 2026. GuruFocus rates OSTO:BOAT with a GF Score™ of 63/100 and a GF Value™ of kr8.26 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,316 Vehicles & Parts companies, Nimbus Group AB ranks better than 65.35% 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. Nimbus Group AB's Revenue for the three months ended in Jun. 2026 was kr479 Mil. Nimbus Group AB's average Accounts Receivable for the three months ended in Jun. 2026 was kr155 Mil. Hence, Nimbus Group AB's Receivables Turnover for the three months ended in Jun. 2026 was 3.08.


Nimbus Group AB  (OSTO:BOAT) 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.


Nimbus Group AB Receivables Turnover Related Terms


Nimbus Group AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nimbus Group AB'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.

Nimbus Group AB Receivables Turnover Chart

Nimbus Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 10.38 10.67 11.88 12.42 10.40

Nimbus Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.81 1.47 1.57 1.64 3.08

OSTO:BOAT vs BC, PII, THO: Receivables Turnover Comparison

For the Recreational Vehicles subindustry, Nimbus 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.


Nimbus Group AB Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nimbus Group AB's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nimbus Group AB's Receivables Turnover falls into.


OSTO:BOAT
63GF Score
Nimbus Group AB OSTO:BOAT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nimbus Group AB Receivables Turnover Calculation

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

Nimbus Group AB'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 )
=1366.721 / ((107.034 + 155.672) / 2 )
=1366.721 / 131.353
=10.40

Nimbus Group AB's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=478.82 / ((157.074 + 153.768) / 2 )
=478.82 / 155.421
=3.08

* 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 3.08 mean?
Nimbus Group AB (OSTO:BOAT) has a Receivables Turnover of 3.08 as of Jun. 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 Nimbus Group AB and its competitors. According to the industry distribution chart, Nimbus Group AB ranks #456 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 34.7%.
Is Nimbus Group AB's Receivables Turnover too high?
Nimbus Group AB's current Receivables Turnover is 3.08. The Vehicles & Parts industry median Receivables Turnover is 5.99. Nimbus Group AB's value of 3.08 is 48.6% below this industry median. Based on the distribution chart, Nimbus Group AB ranks #456 out of 1316 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Nimbus Group AB has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nimbus Group AB's Receivables Turnover compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Nimbus Group AB ranks #456 out of 1316 companies for Receivables Turnover. This puts Nimbus Group AB in the upper half of its industry. The industry median Receivables Turnover is 5.99. Nimbus Group AB's value of 3.08 is 48.6% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,316 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. Nimbus Group AB's current Receivables Turnover of 3.08 is 48.6% 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 Nimbus Group AB and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nimbus Group AB's current Receivables Turnover is 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nimbus Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nimbus Group AB (OSTO:BOAT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr8.26, compared to a current price of kr11.00 — trading 33.2% above its estimated fair value. The current Receivables Turnover is 3.08 and 48.6% below the Vehicles & Parts industry median of 5.99. Nimbus Group AB's overall GF Score™ is 63/100 with 3 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 Nimbus Group AB (OSTO:BOAT), the current Receivables Turnover is 3.08 as of Jun. 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 Nimbus Group AB (OSTO:BOAT) Overvalued in 2026?

Based on GuruFocus' analysis, Nimbus Group AB stock appears to be overvalued. The current stock price of kr11.00 is trading 33.2% above its estimated GF Value™ of kr8.26. GuruFocus considers Nimbus Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:BOAT:

  • Receivables Turnover: 3.08
  • GF Value™: kr8.26 vs. price of kr11.00 (33.2% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 48.6% below the Vehicles & Parts median (#456 of 1316)

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


Nimbus Group AB Business Description

Other Exchanges 9RN:Germany
Address Nimbus Group, Vastra Frolunda, P.O. Box. 5152, Gothenburg, SWE, S-426 05
Nimbus Group AB is a manufacturer of premium leisure motorboats. Its brand includes Alukin, Aquador, Bella, Falcon, Flipper, Nimbus and Paragon Yachts. The company operates globally, with the greatest presence in the European and American markets.
63GF Score

Get the complete analysis for OSTO:BOAT

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

kr11.00
Price
kr8.26
GF Value