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Litgrid ABOVSE:LGD1L 28 Receivables Turnover is 2.71 as of Mar. 2026. GuruFocus rates OVSE:LGD1L with a GF Score™ of 28/100 and a GF Value™ of €0.94 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 495 Utilities - Regulated companies, Litgrid AB ranks better than 57.78% 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. Litgrid AB's Revenue for the
three
months ended in Mar. 2026 was €158.4 Mil. Litgrid AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was €58.5 Mil.
Hence, Litgrid AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.71.
Litgrid AB (OVSE:LGD1L) 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.
Litgrid AB Receivables Turnover Related Terms
Litgrid AB Receivables Turnover Historical Data
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The historical data trend for Litgrid 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.
OVSE:LGD1L vs NEE, SO, DUK: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, Litgrid 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.
Litgrid AB Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Litgrid 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.
Litgrid AB (OVSE:LGD1L) has a Receivables Turnover of 2.71 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 Litgrid AB and its competitors. According to the industry distribution chart, Litgrid AB ranks #209 out of 495 companies in the Utilities - Regulated industry, placing it in the top 42.2%.
Is Litgrid AB's Receivables Turnover too high?
Litgrid AB's current Receivables Turnover is 2.71. The Utilities - Regulated industry median Receivables Turnover is 6.75. Litgrid AB's value of 2.71 is 59.9% below this industry median. Based on the distribution chart, Litgrid AB ranks #209 out of 495 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Litgrid AB has a GF Score™ of 28/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Litgrid AB's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Litgrid AB ranks #209 out of 495 companies for Receivables Turnover. This puts Litgrid AB in the upper half of its industry. The industry median Receivables Turnover is 6.75. Litgrid AB's value of 2.71 is 59.9% 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 Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.75, based on 495 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. Litgrid AB's current Receivables Turnover of 2.71 is 59.9% 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 Litgrid AB and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litgrid AB's current Receivables Turnover is 2.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litgrid AB stock overvalued right now?
Based on GuruFocus' analysis, Litgrid AB (OVSE:LGD1L) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.94, compared to a current price of €1.08 — trading 14.4% above its estimated fair value. The current Receivables Turnover is 2.71 and 59.9% below the Utilities - Regulated industry median of 6.75. Litgrid AB's overall GF Score™ is 28/100 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 Litgrid AB (OVSE:LGD1L), the current Receivables Turnover is 2.71 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 Litgrid AB (OVSE:LGD1L) Overvalued in 2026?
Based on GuruFocus' analysis, Litgrid AB stock appears to be overvalued.
The current stock price of €1.08 is trading 14.4% above its estimated GF Value™ of €0.94.
GuruFocus considers Litgrid AB to be Modestly Overvalued.
Key valuation signals for OVSE:LGD1L:
Receivables Turnover: 2.71
GF Value™: €0.94 vs. price of €1.08 (14.4% above fair value)
Industry Position: 59.9% below the Utilities - Regulated median (#209 of 495)
No single metric tells the full story. See the OVSE:LGD1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Litgrid AB is engaged in the provision of electricity transmission and related services mainly in Lithuania. The services offered by the company include electricity transmission via high-voltage (110-400 kV) electrical installations; trading in imbalance and balancing energy to maintain the balance between production and consumption; system services; and data management. Its customers mainly include grid operators and producer and consumers connected to the transmission grid. Geographically, the company generates maximum revenue from its business in Lithuania, and the rest from Estonia, Sweden, Poland, Luxembourg, Latvia, Denmark, Norway, and other countries.
28GF Score
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