Nordic Flanges Group AB (OSTO:NFGAB) Receivables Turnover: 4.16 (As of Mar. 2026)

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OSTO:NFGAB Nordic Flanges Group AB OSTO:NFGAB
32 GF Score
Price kr21.20
GF Value kr5.18
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Nordic Flanges Group AB Receivables Turnover?

Nordic Flanges Group AB OSTO:NFGAB -0.93% 32 Receivables Turnover is 4.16 as of Mar. 2026. GuruFocus rates OSTO:NFGAB with a GF Score™ of 32/100 and a GF Value™ of kr5.18 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,033 Industrial Products companies, Nordic Flanges Group AB ranks better than 73.52% 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. Nordic Flanges Group AB's Revenue for the three months ended in Mar. 2026 was kr61.8 Mil. Nordic Flanges Group AB's average Accounts Receivable for the three months ended in Mar. 2026 was kr14.8 Mil. Hence, Nordic Flanges Group AB's Receivables Turnover for the three months ended in Mar. 2026 was 4.16.


Nordic Flanges Group AB  (OSTO:NFGAB) 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 Flanges Group AB Receivables Turnover Related Terms


Nordic Flanges Group AB Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nordic Flanges 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.

Nordic Flanges Group AB Receivables Turnover Chart

Nordic Flanges Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.74 13.39 14.17 12.54 16.29

Nordic Flanges Group AB Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 3.31 3.00 0.00 4.60 4.16

OSTO:NFGAB vs CRS, ATI, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, Nordic Flanges 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 Flanges Group AB Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordic Flanges Group AB's Receivables Turnover distribution charts can be found below:

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


OSTO:NFGAB
32GF Score
Nordic Flanges Group AB OSTO:NFGAB
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic Flanges Group AB Receivables Turnover Calculation

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

Nordic Flanges 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 )
=228.26 / ((16.921 + 11.104) / 2 )
=228.26 / 14.0125
=16.29

Nordic Flanges Group AB'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 )
=61.755 / ((11.104 + 18.567) / 2 )
=61.755 / 14.8355
=4.16

* 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 4.16 mean?
Nordic Flanges Group AB (OSTO:NFGAB) has a Receivables Turnover of 4.16 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 Flanges Group AB and its competitors. According to the industry distribution chart, Nordic Flanges Group AB ranks #803 out of 3033 companies in the Industrial Products industry, placing it in the top 26.5%.
Is Nordic Flanges Group AB's Receivables Turnover too high?
Nordic Flanges Group AB's current Receivables Turnover is 4.16. The Industrial Products industry median Receivables Turnover is 4.45. Nordic Flanges Group AB's value of 4.16 is 6.5% below this industry median. Based on the distribution chart, Nordic Flanges Group AB ranks #803 out of 3033 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nordic Flanges Group AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Flanges Group AB's Receivables Turnover compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nordic Flanges Group AB ranks #803 out of 3033 companies for Receivables Turnover. This puts Nordic Flanges Group AB in the upper half of its industry. The industry median Receivables Turnover is 4.45. Nordic Flanges Group AB's value of 4.16 is 6.5% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,033 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 Flanges Group AB's current Receivables Turnover of 4.16 is 6.5% 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 Nordic Flanges Group AB and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Flanges Group AB's current Receivables Turnover is 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Flanges Group AB stock overvalued right now?
Based on GuruFocus' analysis, Nordic Flanges Group AB (OSTO:NFGAB) is currently considered Significantly Overvalued. The stock's GF Value™ is kr5.18, compared to a current price of kr21.20 — trading 309.3% above its estimated fair value. The current Receivables Turnover is 4.16 and 6.5% below the Industrial Products industry median of 4.45. Nordic Flanges Group AB's overall GF Score™ is 32/100 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 Nordic Flanges Group AB (OSTO:NFGAB), the current Receivables Turnover is 4.16 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 Flanges Group AB (OSTO:NFGAB) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Flanges Group AB stock appears to be overvalued. The current stock price of kr21.20 is trading 309.3% above its estimated GF Value™ of kr5.18. GuruFocus considers Nordic Flanges Group AB to be Significantly Overvalued.

Key valuation signals for OSTO:NFGAB:

  • Receivables Turnover: 4.16
  • GF Value™: kr5.18 vs. price of kr21.20 (309.3% above fair value)
  • GF Score™: 32/100 with 3 warning signs
  • Industry Position: 6.5% below the Industrial Products median (#803 of 3033)

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


Nordic Flanges Group AB Business Description

Address c/o iOffice, Drottninggatan 32, 8th Floor, Stockholm, SWE, SE-111 51
Nordic Flanges Group AB is a supplier of industrial flanges in the Nordic region. Its business concept is to deliver flange solutions in stainless steel, aluminum and steel with the customer service on the market. Its products include Stainless steel, carbon steel, aluminum, and laboratory equipment.
32GF Score

Get the complete analysis for OSTO:NFGAB

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

kr21.20
Price
kr5.18
GF Value