Novatti Group (ASX:NOV) Receivables Turnover: 1.85 (As of Dec. 2025)

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What is Novatti Group Receivables Turnover?

Novatti Group ASX:NOV Receivables Turnover is 1.85 as of Dec. 2025. The stock has 7 warning signs investors should review. Among 2,777 Software companies, Novatti Group ranks worse than 66.15% 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. Novatti Group's Revenue for the six months ended in Dec. 2025 was A$14.57 Mil. Novatti Group's average Accounts Receivable for the six months ended in Dec. 2025 was A$7.87 Mil. Hence, Novatti Group's Receivables Turnover for the six months ended in Dec. 2025 was 1.85.


Novatti Group  (ASX:NOV) 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.


Novatti Group Receivables Turnover Related Terms


Novatti Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Novatti Group'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.

Novatti Group Receivables Turnover Chart

Novatti Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.05 7.42 6.35 5.65 5.99

Novatti Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.68 2.37 2.66 2.51 1.85

ASX:NOV vs MSFT, ORCL, PLTR: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, Novatti Group'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.


Novatti Group Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Novatti Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Novatti Group's Receivables Turnover falls into.



Novatti Group Receivables Turnover Calculation

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

Novatti Group's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=50.482 / ((8.623 + 8.224) / 2 )
=50.482 / 8.4235
=5.99

Novatti Group's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=14.567 / ((8.224 + 7.515) / 2 )
=14.567 / 7.8695
=1.85

* 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 1.85 mean?
Novatti Group (ASX:NOV) has a Receivables Turnover of 1.85 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 Novatti Group and its competitors. According to the industry distribution chart, Novatti Group ranks #1837 out of 2777 companies in the Software industry, placing it in the top 66.2%.
Is Novatti Group's Receivables Turnover too high?
Novatti Group's current Receivables Turnover is 1.85. The Software industry median Receivables Turnover is 5.72. Novatti Group's value of 1.85 is 67.7% below this industry median. Based on the distribution chart, Novatti Group ranks #1837 out of 2777 companies in the Software industry, which is below the industry midpoint.
How does Novatti Group's Receivables Turnover compare to MSFT and ORCL?
According to the Software industry distribution chart, Novatti Group ranks #1837 out of 2777 companies for Receivables Turnover. This places Novatti Group in the lower half of its industry. The industry median Receivables Turnover is 5.72. Novatti Group's value of 1.85 is 67.7% 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 2,777 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. Novatti Group's current Receivables Turnover of 1.85 is 67.7% 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 Novatti Group 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. Novatti Group's current Receivables Turnover is 1.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novatti Group stock overvalued right now?
Based on GuruFocus' analysis, Novatti Group (ASX:NOV) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.03, compared to a current price of A$0.02 — trading 46.7% below its estimated fair value. The current Receivables Turnover is 1.85 and 67.7% 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 Novatti Group (ASX:NOV), the current Receivables Turnover is 1.85 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.

Novatti Group Business Description

Address 461 Bourke Street, Level 3, Melbourne, VIC, AUS, 3000
Novatti Group Ltd is a software technology company. The company's operating segment includes Payments AU/NZ, Payments International, Technology, and Investments. The Payments AU/NZ segment that derives majority revenue, which incorporates Payments Acquiring, Card Issuing, Cross Border Payments and Novatti Billpa. It operates in Australia and New Zealand, Malta, Malaysia, Brazil, and United States.