ALD (Altech Digital Co) Receivables Turnover: 20.18 (As of Mar. 2025)


What is Altech Digital Co Receivables Turnover?

Altech Digital Co ALD Receivables Turnover is 20.18 as of Mar. 2025.

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. Altech Digital Co's Revenue for the six months ended in Mar. 2025 was $3.49 Mil. Altech Digital Co's average Accounts Receivable for the six months ended in Mar. 2025 was $0.17 Mil. Hence, Altech Digital Co's Receivables Turnover for the six months ended in Mar. 2025 was 20.18.

Altech Digital Co  (NAS:ALD) 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.

Altech Digital Co Receivables Turnover Related Terms

Altech Digital Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Altech Digital Co'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.

Altech Digital Co Receivables Turnover Chart

Altech Digital Co Annual Data
Trend Mar24 Mar25
Receivables Turnover
9.91 20.18

Altech Digital Co Semi-Annual Data
Mar24 Mar25
Receivables Turnover 9.91 20.18

ALD vs : Receivables Turnover Comparison

For the Information Technology Services subindustry, Altech Digital Co'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.

Altech Digital Co Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Altech Digital Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Altech Digital Co's Receivables Turnover falls into.


Altech Digital Co Receivables Turnover Calculation

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

Altech Digital Co's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=3.491 / ((0.164 + 0.182) / 2 )
=3.491 / 0.173
=20.18

Altech Digital Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=3.491 / ((0.164 + 0.182) / 2 )
=3.491 / 0.173
=20.18

* 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 20.18 mean?
Altech Digital Co (ALD) has a Receivables Turnover of 20.18 as of Mar. 2025. 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 Altech Digital Co and its competitors.
Is Altech Digital Co's Receivables Turnover too high?
Altech Digital Co's current Receivables Turnover is 20.18. The Software industry median Receivables Turnover is 5.67. Altech Digital Co's value of 20.18 is 256.2% above this industry median.
How does Altech Digital Co's Receivables Turnover compare to ?
Altech Digital Co's Receivables Turnover of 20.18 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.67. Altech Digital Co's value of 20.18 is 256.2% above 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 Software company?
The median Receivables Turnover among Software companies is 5.67, based on 2,770 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. Altech Digital Co's current Receivables Turnover of 20.18 is 256.2% above 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 Altech Digital Co and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Altech Digital Co's current Receivables Turnover is 20.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altech Digital Co stock overvalued right now?
Altech Digital Co (ALD) has a current Receivables Turnover of 20.18. The current Receivables Turnover is 20.18 and 256.2% above the Software industry median of 5.67. 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 Altech Digital Co (ALD), the current Receivables Turnover is 20.18 as of Mar. 2025. 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.

Altech Digital Co Business Description

Comparable Companies
Address 100 Cyberport Road, Units 608-61, Level 6, Core C, Cyberport 3, Pok Fu Lam, Hong Kong, HKG
Altech Digital Co Ltd is an IT solutions service provider and it operates its business in Hong Kong through its indirect wholly-owned Operating Subsidiary. The company focuses on providing comprehensive and inventive solutions designed to optimize business performance of its customers, meet various industry-specific operational challenges and create new business opportunities for them. It offers services to customers from a variety of industries including multinational financial services, property development and business solutions services. Its IT solutions services can be categorized into (i) system development services; and (ii) system maintenance and consultancy services.