Candles Scandinavia B (OSTO:CANDLE B) Receivables Turnover: 2.01 (As of Mar. 2026)

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OSTO:CANDLE B Candles Scandinavia B OSTO:CANDLE B
63 GF Score
Price kr36.90
GF Value kr32.20
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Candles Scandinavia B Receivables Turnover?

Candles Scandinavia B OSTO:CANDLE B +0.54% 63 Receivables Turnover is 2.01 as of Mar. 2026. GuruFocus rates OSTO:CANDLE B with a GF Score™ of 63/100 and a GF Value™ of kr32.20 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,945 Consumer Packaged Goods companies, Candles Scandinavia B ranks worse than 61.54% 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. Candles Scandinavia B's Revenue for the three months ended in Mar. 2026 was kr82.2 Mil. Candles Scandinavia B's average Accounts Receivable for the three months ended in Mar. 2026 was kr40.9 Mil. Hence, Candles Scandinavia B's Receivables Turnover for the three months ended in Mar. 2026 was 2.01.


Candles Scandinavia B  (OSTO:CANDLE B) 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.


Candles Scandinavia B Receivables Turnover Related Terms


Candles Scandinavia B Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Candles Scandinavia B'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.

Candles Scandinavia B Receivables Turnover Chart

Candles Scandinavia B Annual Data
Trend Apr20 Apr21 Apr22 Apr23 Apr24
Receivables Turnover
4.81 9.16 13.70 14.61 12.03

Candles Scandinavia B Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 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 3.08 4.04 1.66 2.14 2.01

OSTO:CANDLE B vs PG, CL, KVUE: Receivables Turnover Comparison

For the Household & Personal Products subindustry, Candles Scandinavia B'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.


Candles Scandinavia B Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Candles Scandinavia B's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Candles Scandinavia B's Receivables Turnover falls into.


OSTO:CANDLE B
63GF Score
Candles Scandinavia B OSTO:CANDLE B
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Candles Scandinavia B Receivables Turnover Calculation

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

Candles Scandinavia B's Receivables Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Receivables Turnover (A: Apr. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Apr. 2024 ) / ((Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Apr. 2024 )) / count )
=179.228 / ((13.735 + 16.074) / 2 )
=179.228 / 14.9045
=12.03

Candles Scandinavia B'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: Oct. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=82.161 / ((47.618 + 34.15) / 2 )
=82.161 / 40.884
=2.01

* 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 2.01 mean?
Candles Scandinavia B (OSTO:CANDLE B) has a Receivables Turnover of 2.01 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 Candles Scandinavia B and its competitors. According to the industry distribution chart, Candles Scandinavia B ranks #1197 out of 1945 companies in the Consumer Packaged Goods industry, placing it in the top 61.5%.
Is Candles Scandinavia B's Receivables Turnover too high?
Candles Scandinavia B's current Receivables Turnover is 2.01. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Candles Scandinavia B's value of 2.01 is 78.5% below this industry median. Based on the distribution chart, Candles Scandinavia B ranks #1197 out of 1945 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Candles Scandinavia B has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Candles Scandinavia B's Receivables Turnover compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Candles Scandinavia B ranks #1197 out of 1945 companies for Receivables Turnover. This places Candles Scandinavia B in the lower half of its industry. The industry median Receivables Turnover is 9.33. Candles Scandinavia B's value of 2.01 is 78.5% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,945 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. Candles Scandinavia B's current Receivables Turnover of 2.01 is 78.5% 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 Candles Scandinavia B and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candles Scandinavia B's current Receivables Turnover is 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Candles Scandinavia B stock overvalued right now?
Based on GuruFocus' analysis, Candles Scandinavia B (OSTO:CANDLE B) is currently considered Modestly Overvalued. The stock's GF Value™ is kr32.20, compared to a current price of kr36.90 — trading 14.6% above its estimated fair value. The current Receivables Turnover is 2.01 and 78.5% below the Consumer Packaged Goods industry median of 9.33. Candles Scandinavia B's overall GF Score™ is 63/100 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 Candles Scandinavia B (OSTO:CANDLE B), the current Receivables Turnover is 2.01 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 Candles Scandinavia B (OSTO:CANDLE B) Overvalued in 2026?

Based on GuruFocus' analysis, Candles Scandinavia B stock appears to be overvalued. The current stock price of kr36.90 is trading 14.6% above its estimated GF Value™ of kr32.20. GuruFocus considers Candles Scandinavia B to be Modestly Overvalued.

Key valuation signals for OSTO:CANDLE B:

  • Receivables Turnover: 2.01
  • GF Value™: kr32.20 vs. price of kr36.90 (14.6% above fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 78.5% below the Consumer Packaged Goods median (#1197 of 1945)

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


Candles Scandinavia B Business Description

Other Exchanges LY7:Germany
Address Cv-Gatan 38 B, Orebro, SWE, 703 82
Candles Scandinavia B is a manufacturer of candles. The company produces scented candles with 100% plant-based, biodegradable candle wax. The firm primarily targets business chains and brands in fashion, beauty and home furnishings, to which it offers private label solutions. The company is primarily active in the Nordic region.
63GF Score

Get the complete analysis for OSTO:CANDLE B

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

kr36.90
Price
kr32.20
GF Value