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. Nordic LEVEL Group AB's Revenue for the
three
months ended in Mar. 2026 was kr76.5 Mil. Nordic LEVEL Group AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr25.5 Mil.
Hence, Nordic LEVEL Group AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.00.
Nordic LEVEL Group AB (OSTO:LEVEL) 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.
Nordic LEVEL Group AB Receivables Turnover Related Terms
Nordic LEVEL Group AB Receivables Turnover Historical Data
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The historical data trend for Nordic LEVEL 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.
OSTO:LEVEL vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Nordic LEVEL 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.
Nordic LEVEL Group AB Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Nordic LEVEL Group AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nordic LEVEL 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.
Nordic LEVEL Group AB (OSTO:LEVEL) has a Receivables Turnover of 3.00 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 Nordic LEVEL Group AB and its competitors. According to the industry distribution chart, Nordic LEVEL Group AB ranks #232 out of 1062 companies in the Business Services industry, placing it in the top 21.8%.
Is Nordic LEVEL Group AB's Receivables Turnover too high?
Nordic LEVEL Group AB's current Receivables Turnover is 3.00. The Business Services industry median Receivables Turnover is 6.16. Nordic LEVEL Group AB's value of 3.00 is 51.3% below this industry median. Based on the distribution chart, Nordic LEVEL Group AB ranks #232 out of 1062 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Nordic LEVEL Group AB has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nordic LEVEL Group AB's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Nordic LEVEL Group AB ranks #232 out of 1062 companies for Receivables Turnover. This places Nordic LEVEL Group AB in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.16. Nordic LEVEL Group AB's value of 3.00 is 51.3% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.16, based on 1,062 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. Nordic LEVEL Group AB's current Receivables Turnover of 3.00 is 51.3% 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 Nordic LEVEL Group AB and its competitors. For the Business Services industry, the median Receivables Turnover is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic LEVEL Group AB's current Receivables Turnover is 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic LEVEL Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic LEVEL Group AB (OSTO:LEVEL) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.54, compared to a current price of kr0.34 — trading 37.4% below its estimated fair value. The current Receivables Turnover is 3.00 and 51.3% below the Business Services industry median of 6.16. Nordic LEVEL Group AB's overall GF Score™ is 26/100 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 Nordic LEVEL Group AB (OSTO:LEVEL), the current Receivables Turnover is 3.00 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 Nordic LEVEL Group AB (OSTO:LEVEL) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic LEVEL Group AB stock appears to be undervalued.
The current stock price of kr0.34 is trading 37.4% below its estimated GF Value™ of kr0.54.
GuruFocus considers Nordic LEVEL Group AB to be Possible Value Trap.
Key valuation signals for OSTO:LEVEL:
Receivables Turnover: 3.00
GF Value™: kr0.54 vs. price of kr0.34 (37.4% below fair value)
Industry Position: 51.3% below the Business Services median (#232 of 1062)
No single metric tells the full story. See the OSTO:LEVEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic LEVEL Group AB is an acquisition-driven group that acquires and develops companies in the security sector. The group is a full-service provider of trusted safety and security solutions, and the business is conducted through the group's subsidiaries in the Nordic market. LEVEL operates in three core areas: advisory, technology and operations. The company focus is to decrease societal costs by increasing both physical and perceived security for clients as well as allowing for law enforcement to focus on their primary societal responsibilities.
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