OtherLevels Holdings (ASX:OLV) Receivables Turnover: 4.47 (As of Dec. 2019)


What is OtherLevels Holdings Receivables Turnover?

OtherLevels Holdings ASX:OLV Receivables Turnover is 4.47 as of Dec. 2019. The stock has 4 warning signs investors should review.

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. OtherLevels Holdings's Revenue for the six months ended in Dec. 2019 was A$2.58 Mil. OtherLevels Holdings's average Accounts Receivable for the six months ended in Dec. 2019 was A$0.58 Mil. Hence, OtherLevels Holdings's Receivables Turnover for the six months ended in Dec. 2019 was 4.47.

OtherLevels Holdings  (ASX:OLV) 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.

OtherLevels Holdings Receivables Turnover Related Terms

OtherLevels Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for OtherLevels Holdings'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.

OtherLevels Holdings Receivables Turnover Chart

OtherLevels Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19
Receivables Turnover
3.08 6.91 11.51 17.63 9.53

OtherLevels Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.76 7.95 9.64 8.07 4.47

ASX:OLV vs MSFT, ADBE, ORCL: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, OtherLevels Holdings'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.

OtherLevels Holdings Receivables Turnover vs Software Industry

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

* The bar in red indicates where OtherLevels Holdings's Receivables Turnover falls into.


OtherLevels Holdings Receivables Turnover Calculation

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

OtherLevels Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2019 is calculated as

Receivables Turnover (A: Jun. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2019 ) / ((Accounts Receivable (A: Jun. 2018 ) + Accounts Receivable (A: Jun. 2019 )) / count )
=5.378 / ((0.47 + 0.659) / 2 )
=5.378 / 0.5645
=9.53

OtherLevels Holdings's Receivables Turnover for the quarter that ended in Dec. 2019 is calculated as

Receivables Turnover (Q: Dec. 2019 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2019 ) / ((Accounts Receivable (Q: Jun. 2019 ) + Accounts Receivable (Q: Dec. 2019 )) / count )
=2.584 / ((0.659 + 0.496) / 2 )
=2.584 / 0.5775
=4.47

* 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 4.47 mean?
OtherLevels Holdings (ASX:OLV) has a Receivables Turnover of 4.47 as of Dec. 2019. 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 OtherLevels Holdings and its competitors.
Is OtherLevels Holdings' Receivables Turnover too high?
OtherLevels Holdings' current Receivables Turnover is 4.47. The Software industry median Receivables Turnover is 5.69. OtherLevels Holdings' value of 4.47 is 21.4% below this industry median.
How does OtherLevels Holdings' Receivables Turnover compare to MSFT and ADBE?
OtherLevels Holdings' Receivables Turnover of 4.47 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. OtherLevels Holdings' value of 4.47 is 21.4% 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 5.69, based on 2,769 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. OtherLevels Holdings's current Receivables Turnover of 4.47 is 21.4% 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 OtherLevels Holdings and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OtherLevels Holdings's current Receivables Turnover is 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OtherLevels Holdings stock overvalued right now?
Based on GuruFocus' analysis, OtherLevels Holdings (ASX:OLV) is currently considered Possible Value Trap. The current Receivables Turnover is 4.47 and 21.4% below the Software industry median of 5.69. 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 OtherLevels Holdings (ASX:OLV), the current Receivables Turnover is 4.47 as of Dec. 2019. 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.

OtherLevels Holdings Business Description

Address 235 Edward Street, Level 1, Brisbane, QLD, AUS, 4000
OtherLevels Holdings Ltd provides mobile marketing solutions. It operates a digital marketing Software-as-a-Service business that enables enterprises to communicate with its users on mobile and smart devices. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Australia and the United States. The company generates revenue from Licences; Managed Services; Professional Services and Other income. It provides platforms such as Web and App Messaging, Location Messaging, Event Messaging, Intelligent Messaging, and In-Play Messaging.