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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. Safe at Sea AB's Revenue for the
three
months ended in Mar. 2026 was kr2.56 Mil. Safe at Sea AB's average Accounts Receivable for the
three
months ended in Mar. 2026 was kr2.20 Mil.
Hence, Safe at Sea AB's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.17.
Safe at Sea AB (XSAT:SAFE) 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.
Safe at Sea AB Receivables Turnover Related Terms
Safe at Sea AB Receivables Turnover Historical Data
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The historical data trend for Safe at Sea 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.
XSAT:SAFE vs ALLE, MSA, ADT: Receivables Turnover Comparison
For the Security & Protection Services subindustry, Safe at Sea 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.
Safe at Sea AB Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Safe at Sea AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Safe at Sea 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.
Safe at Sea AB (XSAT:SAFE) has a Receivables Turnover of 1.17 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 Safe at Sea AB and its competitors. According to the industry distribution chart, Safe at Sea AB ranks #677 out of 1063 companies in the Business Services industry, placing it in the top 63.7%.
Is Safe at Sea AB's Receivables Turnover too high?
Safe at Sea AB's current Receivables Turnover is 1.17. The Business Services industry median Receivables Turnover is 6.21. Safe at Sea AB's value of 1.17 is 81.2% below this industry median. Based on the distribution chart, Safe at Sea AB ranks #677 out of 1063 companies in the Business Services industry, which is below the industry midpoint. Overall, Safe at Sea AB has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe at Sea AB's Receivables Turnover compare to ALLE and MSA?
According to the Business Services industry distribution chart, Safe at Sea AB ranks #677 out of 1063 companies for Receivables Turnover. This places Safe at Sea AB in the lower half of its industry. The industry median Receivables Turnover is 6.21. Safe at Sea AB's value of 1.17 is 81.2% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.21, based on 1,063 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. Safe at Sea AB's current Receivables Turnover of 1.17 is 81.2% 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 Safe at Sea AB and its competitors. For the Business Services industry, the median Receivables Turnover is 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe at Sea AB's current Receivables Turnover is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe at Sea AB stock overvalued right now?
Based on GuruFocus' analysis, Safe at Sea AB (XSAT:SAFE) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.97, compared to a current price of kr1.22 — trading 25.3% above its estimated fair value. The current Receivables Turnover is 1.17 and 81.2% below the Business Services industry median of 6.21. Safe at Sea AB's overall GF Score™ is 43/100 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 Safe at Sea AB (XSAT:SAFE), the current Receivables Turnover is 1.17 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 Safe at Sea AB (XSAT:SAFE) Overvalued in 2026?
Based on GuruFocus' analysis, Safe at Sea AB stock appears to be overvalued.
The current stock price of kr1.22 is trading 25.3% above its estimated GF Value™ of kr0.97.
GuruFocus considers Safe at Sea AB to be Modestly Overvalued.
Key valuation signals for XSAT:SAFE:
Receivables Turnover: 1.17
GF Value™: kr0.97 vs. price of kr1.22 (25.3% above fair value)
Industry Position: 81.2% below the Business Services median (#677 of 1063)
No single metric tells the full story. See the XSAT:SAFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Safe at Sea AB engages in the production, promotion, and sale of sea rescue equipment and systems worldwide. It principally produces Rescuerunner and Guardrunner.
43GF Score
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