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. Thule Group AB's Revenue for the
three
months ended in Mar. 2026 was $276 Mil. Thule Group AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was $105 Mil.
Hence, Thule Group AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.62.
Thule Group AB (OTCPK:THLPF) 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.
Thule Group AB Receivables Turnover Related Terms
Thule Group AB Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Thule 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.
THLPF vs AS, HAS, LTH: Receivables Turnover Comparison
For the Leisure subindustry, Thule 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.
Thule Group AB Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thule 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.
Thule Group AB (THLPF) has a Receivables Turnover of 2.62 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 Thule Group AB and its competitors. According to the industry distribution chart, Thule Group AB ranks #510 out of 834 companies in the Travel & Leisure industry, placing it in the top 61.2%.
Is Thule Group AB's Receivables Turnover too high?
Thule Group AB's current Receivables Turnover is 2.62. The Travel & Leisure industry median Receivables Turnover is 14.01. Thule Group AB's value of 2.62 is 81.3% below this industry median. Based on the distribution chart, Thule Group AB ranks #510 out of 834 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Thule Group AB has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Receivables Turnover compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #510 out of 834 companies for Receivables Turnover. This places Thule Group AB in the lower half of its industry. The industry median Receivables Turnover is 14.01. Thule Group AB's value of 2.62 is 81.3% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.01, based on 834 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. Thule Group AB's current Receivables Turnover of 2.62 is 81.3% 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 Thule Group AB and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current Receivables Turnover is 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Thule Group AB (THLPF) has a current Receivables Turnover of 2.62. The stock's GF Value™ is $39.04, compared to a current price of $26.82 — trading 31.3% below its estimated fair value. The current Receivables Turnover is 2.62 and 81.3% below the Travel & Leisure industry median of 14.01. Thule Group AB's overall GF Score™ is 81/100 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 Thule Group AB (THLPF), the current Receivables Turnover is 2.62 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 Thule Group AB (THLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued.
The current stock price of $26.82 is trading 31.3% below its estimated GF Value™ of $39.04.
Key valuation signals for THLPF:
Receivables Turnover: 2.62
GF Value™: $39.04 vs. price of $26.82 (31.3% below fair value)
Industry Position: 81.3% below the Travel & Leisure median (#510 of 834)
No single metric tells the full story. See the THLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thule Group AB is a manufacturer of sports and outdoor products. It develops and manufactures premium products that facilitate an active outdoor life. Its product categories; Sport & Cargo Carriers (roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (strollers, bike trailers, and child bike seats), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage, and camera bags). It has two operating segments: Region Europe and ROW, and Region Americas. Geographic markets: Sweden, Other Nordic countries, Germany, Other Europe, the USA, Other North America, Central/South America, Asia/Pacific Rim, and the Rest of the world.
81GF Score
Get the complete analysis for THLPF
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
THLPF has been successfully added to your 
