Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
iCetanaASX:ICE Receivables Turnover is 3.18 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 2,773 Software companies, iCetana ranks worse than 55.03% on this metric.
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. iCetana's Revenue for the
six
months ended in Dec. 2025 was A$1.30 Mil. iCetana's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$0.41 Mil.
Hence, iCetana's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.18.
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.
iCetana Receivables Turnover Related Terms
iCetana Receivables Turnover Historical Data
* Premium members only.
The historical data trend for iCetana'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:ICE vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, iCetana'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.
iCetana Receivables Turnover vs Software Industry
For the Software industry and Technology sector, iCetana's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where iCetana'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.
iCetana (ASX:ICE) has a Receivables Turnover of 3.18 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 iCetana and its competitors. According to the industry distribution chart, iCetana ranks #1526 out of 2773 companies in the Software industry, placing it in the top 55%.
Is iCetana's Receivables Turnover too high?
iCetana's current Receivables Turnover is 3.18. The Software industry median Receivables Turnover is 5.72. iCetana's value of 3.18 is 44.4% below this industry median. Based on the distribution chart, iCetana ranks #1526 out of 2773 companies in the Software industry, which is below the industry midpoint.
How does iCetana's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, iCetana ranks #1526 out of 2773 companies for Receivables Turnover. This places iCetana in the lower half of its industry. The industry median Receivables Turnover is 5.72. iCetana's value of 3.18 is 44.4% 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 Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,773 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. iCetana's current Receivables Turnover of 3.18 is 44.4% 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 iCetana and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iCetana's current Receivables Turnover is 3.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iCetana stock overvalued right now?
Based on GuruFocus' analysis, iCetana (ASX:ICE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.03 — trading 240% above its estimated fair value. The current Receivables Turnover is 3.18 and 44.4% below the Software industry median of 5.72. 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 iCetana (ASX:ICE), the current Receivables Turnover is 3.18 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.
iCetana Ltd develops and sells AI-assisted video surveillance software that uses machine learning technology to provide automatic real-time anomalous event detection. Its products include Safety and Security, Analytics, Forensic Quick Find, Facial Recognition, Licence Plate Recognition, and GPT Agents. The company operates through three segments: Asia Pacific (APAC), responsible for sales, marketing, and product development in Australia and the broader Asia Pacific region; North America (NA), managing sales and marketing in the United States and Canada; and Europe, Middle East & Africa (EMEA), handling sales and marketing efforts across Europe, the Middle East, and Africa. The majority of revenue comes from the Asia Pacific (APAC) segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:ICE has been successfully added to your 
