ReadCloud (ASX:RCL) Receivables Turnover: 3.83 (As of Mar. 2026)


What is ReadCloud Receivables Turnover?

ReadCloud ASX:RCL Receivables Turnover is 3.83 as of Mar. 2026. The stock has 3 warning signs investors should review. Among 2,766 Software companies, ReadCloud ranks worse than 67.46% 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. ReadCloud's Revenue for the six months ended in Mar. 2026 was A$8.52 Mil. ReadCloud's average Accounts Receivable for the six months ended in Mar. 2026 was A$2.23 Mil. Hence, ReadCloud's Receivables Turnover for the six months ended in Mar. 2026 was 3.83.


ReadCloud  (ASX:RCL) 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.


ReadCloud Receivables Turnover Related Terms


ReadCloud Receivables Turnover Historical Data

* Premium members only.

The historical data trend for ReadCloud'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.

ReadCloud Receivables Turnover Chart

ReadCloud Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 21.44 17.85 16.53 16.28 21.23

ReadCloud Semi-Annual Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.65 2.27 3.85 1.49 3.83

ASX:RCL vs UBER, SHOP, CRM: Receivables Turnover Comparison

For the Software - Application subindustry, ReadCloud'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.


ReadCloud Receivables Turnover vs Software Industry

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

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



ReadCloud Receivables Turnover Calculation

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

ReadCloud's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=12.634 / ((0.638 + 0.552) / 2 )
=12.634 / 0.595
=21.23

ReadCloud's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=8.522 / ((0.552 + 3.903) / 2 )
=8.522 / 2.2275
=3.83

* 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 3.83 mean?
ReadCloud (ASX:RCL) has a Receivables Turnover of 3.83 as of Mar. 2026. 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 ReadCloud and its competitors. According to the industry distribution chart, ReadCloud ranks #1866 out of 2766 companies in the Software industry, placing it in the top 67.5%.
Is ReadCloud's Receivables Turnover too high?
ReadCloud's current Receivables Turnover is 3.83. The Software industry median Receivables Turnover is 5.68. ReadCloud's value of 3.83 is 32.6% below this industry median. Based on the distribution chart, ReadCloud ranks #1866 out of 2766 companies in the Software industry, which is below the industry midpoint.
How does ReadCloud's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, ReadCloud ranks #1866 out of 2766 companies for Receivables Turnover. This places ReadCloud in the lower half of its industry. The industry median Receivables Turnover is 5.68. ReadCloud's value of 3.83 is 32.6% 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 2,766 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. ReadCloud's current Receivables Turnover of 3.83 is 32.6% 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 ReadCloud 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. ReadCloud's current Receivables Turnover is 3.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ReadCloud stock overvalued right now?
Based on GuruFocus' analysis, ReadCloud (ASX:RCL) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.10, compared to a current price of A$0.07 — trading 34% below its estimated fair value. The current Receivables Turnover is 3.83 and 32.6% 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 ReadCloud (ASX:RCL), the current Receivables Turnover is 3.83 as of Mar. 2026. 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.

ReadCloud Business Description

Address 126 Church Street, Level 1, Brighton, VIC, AUS, 3186
ReadCloud Ltd is an education technology company that offers digital e-learning solutions to secondary schools. The firm operates in two segments: eBook solutions, which is the key revenue driver, and Vocational Education and Training (VET). It provides software solutions, including eBooks, to schools within Australia. In addition, it also provides digital VET course materials and services to schools through its subsidiary Australian Institute of Education and Training Unit Trust, PKY Media Pty Ltd and Ripponlea Institute Pty Ltd, which offers over 40 VET courses and services to schools across Australia.