Locate TechnologiesASX:LOC Receivables Turnover is 4.16 as of Jun. 2025. The stock has 3 warning signs investors should review. Among 2,765 Software companies, Locate Technologies ranks better than 76.2% 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. Locate Technologies's Revenue for the
six
months ended in Jun. 2025 was A$2.80 Mil. Locate Technologies's average Accounts Receivable for the
six
months ended in Jun. 2025 was A$0.67 Mil.
Hence, Locate Technologies's Receivables Turnover for the
six
months ended in Jun. 2025 was 4.16.
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.
Locate Technologies Receivables Turnover Related Terms
Locate Technologies Receivables Turnover Historical Data
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The historical data trend for Locate Technologies'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:LOC vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, Locate Technologies'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.
Locate Technologies Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Locate Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Locate Technologies'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.
Locate Technologies (ASX:LOC) has a Receivables Turnover of 4.16 as of Jun. 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 Locate Technologies and its competitors. According to the industry distribution chart, Locate Technologies ranks #658 out of 2765 companies in the Software industry, placing it in the top 23.8%.
Is Locate Technologies' Receivables Turnover too high?
Locate Technologies' current Receivables Turnover is 4.16. The Software industry median Receivables Turnover is 5.68. Locate Technologies' value of 4.16 is 26.8% below this industry median. Based on the distribution chart, Locate Technologies ranks #658 out of 2765 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Locate Technologies' Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Locate Technologies ranks #658 out of 2765 companies for Receivables Turnover. This places Locate Technologies in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.68. Locate Technologies' value of 4.16 is 26.8% 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 Software company?
The median Receivables Turnover among Software companies is 5.68, based on 2,765 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. Locate Technologies's current Receivables Turnover of 4.16 is 26.8% 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 Locate Technologies and its competitors. For the Software industry, the median Receivables Turnover is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Locate Technologies's current Receivables Turnover is 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Locate Technologies stock overvalued right now?
Locate Technologies (ASX:LOC) has a current Receivables Turnover of 4.16. The stock's GF Value™ is A$0.08, compared to a current price of A$0.06 — trading 30% below its estimated fair value. The current Receivables Turnover is 4.16 and 26.8% below the Software industry median of 5.68. 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 Locate Technologies (ASX:LOC), the current Receivables Turnover is 4.16 as of Jun. 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.
Locate Technologies Ltd is a provider of real-time tracking delivery solutions. The group's Locate2u is a Software-as-a-Service (SaaS) platform, designed to manage and optimise deliveries for couriers, retailers, and e-commerce businesses, and its Zoom2u Platform provides an Australia-wide marketplace connecting customers to a network of local drivers for fast deliveries. The group has two operating segments: Zoom2u and 2u Enterprises, and Locate2u. Maximum revenue is generated from the Zoom2u and 2u Enterprises segment, which provides delivery and tracking services to customers via an internally developed platform, allowing customers to arrange for the delivery of items. This segment also includes the Shred2u business, offering on-site and off-site document shredding services.
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