SNWV (SANUWAVE Health) Receivables Turnover: 1.68 (As of Mar. 2026)

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SNWV SANUWAVE Health Inc SNWV
34 GF Score
Price $6.39
GF Value $12.06
Valuation Possible Value Trap
! 8 Warning Signs
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What is SANUWAVE Health Receivables Turnover?

SANUWAVE Health SNWV -2.89% 34 Receivables Turnover is 1.68 as of Mar. 2026. GuruFocus rates SNWV with a GF Score™ of 34/100 and a GF Value™ of $12.06 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 812 Medical Devices & Instruments companies, SANUWAVE Health ranks better than 85.47% 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. SANUWAVE Health's Revenue for the three months ended in Mar. 2026 was $9.62 Mil. SANUWAVE Health's average Accounts Receivable for the three months ended in Mar. 2026 was $5.71 Mil. Hence, SANUWAVE Health's Receivables Turnover for the three months ended in Mar. 2026 was 1.68.


SANUWAVE Health  (NAS:SNWV) 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.


SANUWAVE Health Receivables Turnover Related Terms


SANUWAVE Health Receivables Turnover Historical Data

* Premium members only.

The historical data trend for SANUWAVE Health'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.

SANUWAVE Health Receivables Turnover Chart

SANUWAVE Health 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 5.45 5.20 5.56 9.83 10.07

SANUWAVE Health Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 2.59 2.64 2.70 2.61 1.68

SNWV vs RTGN, NNOX, LNSR: Receivables Turnover Comparison

For the Medical Devices subindustry, SANUWAVE Health'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.


SANUWAVE Health Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SANUWAVE Health's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where SANUWAVE Health's Receivables Turnover falls into.


SNWV
34GF Score
SANUWAVE Health Inc SNWV
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SANUWAVE Health Receivables Turnover Calculation

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

SANUWAVE Health'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 )
=44.051 / ((3.329 + 5.422) / 2 )
=44.051 / 4.3755
=10.07

SANUWAVE Health'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 )
=9.619 / ((5.422 + 6) / 2 )
=9.619 / 5.711
=1.68

* 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 1.68 mean?
SANUWAVE Health (SNWV) has a Receivables Turnover of 1.68 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 SANUWAVE Health and its competitors. According to the industry distribution chart, SANUWAVE Health ranks #118 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 14.5%.
Is SANUWAVE Health's Receivables Turnover too high?
SANUWAVE Health's current Receivables Turnover is 1.68. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. SANUWAVE Health's value of 1.68 is 69.5% below this industry median. Based on the distribution chart, SANUWAVE Health ranks #118 out of 812 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, SANUWAVE Health has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SANUWAVE Health's Receivables Turnover compare to RTGN and NNOX?
According to the Medical Devices & Instruments industry distribution chart, SANUWAVE Health ranks #118 out of 812 companies for Receivables Turnover. This places SANUWAVE Health in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.51. SANUWAVE Health's value of 1.68 is 69.5% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 812 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. SANUWAVE Health's current Receivables Turnover of 1.68 is 69.5% 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 SANUWAVE Health and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SANUWAVE Health's current Receivables Turnover is 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SANUWAVE Health stock overvalued right now?
Based on GuruFocus' analysis, SANUWAVE Health (SNWV) is currently considered Possible Value Trap. The stock's GF Value™ is $12.06, compared to a current price of $6.39 — trading 47% below its estimated fair value. The current Receivables Turnover is 1.68 and 69.5% below the Medical Devices & Instruments industry median of 5.51. SANUWAVE Health's overall GF Score™ is 34/100 with 8 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 SANUWAVE Health (SNWV), the current Receivables Turnover is 1.68 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 SANUWAVE Health (SNWV) Overvalued in 2026?

Based on GuruFocus' analysis, SANUWAVE Health stock appears to be undervalued. The current stock price of $6.39 is trading 47% below its estimated GF Value™ of $12.06. GuruFocus considers SANUWAVE Health to be Possible Value Trap.

Key valuation signals for SNWV:

  • Receivables Turnover: 1.68
  • GF Value™: $12.06 vs. price of $6.39 (47% below fair value)
  • GF Score™: 34/100 with 8 warning signs
  • Industry Position: 69.5% below the Medical Devices & Instruments median (#118 of 812)

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


SANUWAVE Health Business Description

Address 9600 W. 76th Street, Suite 118, Eden Prairie, MN, USA, 55344
SANUWAVE Health Inc is a medical device company providing directed energy products into the wound care space. It is focused on the commercialization of its patented regenerative medicine utilizing noninvasive ultrasound or shockwaves to produce a biological response promoting the repair and regeneration of tissue, musculoskeletal, and vascular structures. Sanuwave's patented, FDA-cleared, and commercialised product is the UltraMIST system, which is used to treat a variety of acute and chronic wounds using ultrasound technology. The company operates in one reportable segment, the design and sale of medical devices. Geographically, the company generates revenue mainly from the United States.
34GF Score

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

$6.39
Price
$12.06
GF Value