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. Tomra Systems ASA's Revenue for the
three
months ended in Mar. 2026 was $386 Mil. Tomra Systems ASA's average Accounts Receivable for the
three
months ended in Mar. 2026 was $411 Mil.
Hence, Tomra Systems ASA's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.94.
Tomra Systems ASA (OTCPK:TMRAY) 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.
Tomra Systems ASA Receivables Turnover Related Terms
Tomra Systems ASA Receivables Turnover Historical Data
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The historical data trend for Tomra Systems ASA'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.
TMRAY vs WM, RSG, WCN: Receivables Turnover Comparison
For the Waste Management subindustry, Tomra Systems ASA'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.
Tomra Systems ASA Receivables Turnover vs Waste Management Industry
For the Waste Management industry and Industrials sector, Tomra Systems ASA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tomra Systems ASA'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.
Tomra Systems ASA (TMRAY) has a Receivables Turnover of 0.94 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 Tomra Systems ASA and its competitors. According to the industry distribution chart, Tomra Systems ASA ranks #146 out of 238 companies in the Waste Management industry, placing it in the top 61.3%.
Is Tomra Systems ASA's Receivables Turnover too high?
Tomra Systems ASA's current Receivables Turnover is 0.94. The Waste Management industry median Receivables Turnover is 4.57. Tomra Systems ASA's value of 0.94 is 79.4% below this industry median. Based on the distribution chart, Tomra Systems ASA ranks #146 out of 238 companies in the Waste Management industry, which is below the industry midpoint. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #146 out of 238 companies for Receivables Turnover. This places Tomra Systems ASA in the lower half of its industry. The industry median Receivables Turnover is 4.57. Tomra Systems ASA's value of 0.94 is 79.4% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.57, based on 238 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. Tomra Systems ASA's current Receivables Turnover of 0.94 is 79.4% 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 Tomra Systems ASA and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomra Systems ASA's current Receivables Turnover is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (TMRAY) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.35, compared to a current price of $9.98 — trading 35% below its estimated fair value. The current Receivables Turnover is 0.94 and 79.4% below the Waste Management industry median of 4.57. Tomra Systems ASA's overall GF Score™ is 86/100 with 4 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 Tomra Systems ASA (TMRAY), the current Receivables Turnover is 0.94 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 Tomra Systems ASA (TMRAY) Overvalued in 2026?
Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued.
The current stock price of $9.98 is trading 35% below its estimated GF Value™ of $15.35.
GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.
Key valuation signals for TMRAY:
Receivables Turnover: 0.94
GF Value™: $15.35 vs. price of $9.98 (35% below fair value)
Industry Position: 79.4% below the Waste Management median (#146 of 238)
No single metric tells the full story. See the TMRAY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
86GF Score
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