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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. HiTech Group Australia's Revenue for the
six
months ended in Dec. 2025 was A$33.46 Mil. HiTech Group Australia's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$6.20 Mil.
Hence, HiTech Group Australia's Receivables Turnover for the
six
months ended in Dec. 2025 was 5.39.
HiTech Group Australia (ASX:HIT) 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.
HiTech Group Australia Receivables Turnover Related Terms
HiTech Group Australia Receivables Turnover Historical Data
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The historical data trend for HiTech Group Australia'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.
ASX:HIT vs KFY, RHI, TNET: Receivables Turnover Comparison
For the Staffing & Employment Services subindustry, HiTech Group Australia'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.
HiTech Group Australia Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia'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.
HiTech Group Australia (ASX:HIT) has a Receivables Turnover of 5.39 as of Dec. 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 HiTech Group Australia and its competitors. According to the industry distribution chart, HiTech Group Australia ranks #178 out of 1063 companies in the Business Services industry, placing it in the top 16.7%.
Is HiTech Group Australia's Receivables Turnover too high?
HiTech Group Australia's current Receivables Turnover is 5.39. The Business Services industry median Receivables Turnover is 6.25. HiTech Group Australia's value of 5.39 is 13.8% below this industry median. Based on the distribution chart, HiTech Group Australia ranks #178 out of 1063 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, HiTech Group Australia has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Receivables Turnover compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #178 out of 1063 companies for Receivables Turnover. This places HiTech Group Australia in the top 17% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.25. HiTech Group Australia's value of 5.39 is 13.8% 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 6.25, 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. HiTech Group Australia's current Receivables Turnover of 5.39 is 13.8% 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 HiTech Group Australia and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HiTech Group Australia's current Receivables Turnover is 5.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$0.94 — trading 50.3% below its estimated fair value. The current Receivables Turnover is 5.39 and 13.8% below the Business Services industry median of 6.25. HiTech Group Australia's overall GF Score™ is 77/100 with 5 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 HiTech Group Australia (ASX:HIT), the current Receivables Turnover is 5.39 as of Dec. 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.
Is HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$0.94 is trading 50.3% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
Receivables Turnover: 5.39
GF Value™: A$1.89 vs. price of A$0.94 (50.3% below fair value)
Industry Position: 13.8% below the Business Services median (#178 of 1063)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
77GF Score
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