Stepchange Holdings (ASX:STH) Receivables Turnover: 8.01 (As of Dec. 2025)


ASX:STH Stepchange Holdings Ltd ASX:STH
24 GF Score
Price A$0.12
! 1 Warning Sign
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What is Stepchange Holdings Receivables Turnover?

Stepchange Holdings ASX:STH 24 Receivables Turnover is 8.01 as of Dec. 2025. GuruFocus rates ASX:STH with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,767 Software companies, Stepchange Holdings ranks better than 69.28% 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. Stepchange Holdings's Revenue for the six months ended in Dec. 2025 was A$24.36 Mil. Stepchange Holdings's average Accounts Receivable for the six months ended in Dec. 2025 was A$3.04 Mil. Hence, Stepchange Holdings's Receivables Turnover for the six months ended in Dec. 2025 was 8.01.


Stepchange Holdings  (ASX:STH) 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.


Stepchange Holdings Receivables Turnover Related Terms


Stepchange Holdings Receivables Turnover Historical Data

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The historical data trend for Stepchange 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.

Stepchange Holdings Receivables Turnover Chart

Stepchange Holdings Annual Data
Trend Jun22 Jun23
Receivables Turnover
5.90 8.27

Stepchange Holdings Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24 Dec25
Receivables Turnover Get a 7-Day Free Trial 0.00 4.46 6.93 7.04 8.01

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

For the Software - Application subindustry, Stepchange 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.


Stepchange Holdings Receivables Turnover vs Software Industry

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

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


ASX:STH
24GF Score
Stepchange Holdings Ltd ASX:STH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Stepchange Holdings Receivables Turnover Calculation

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

Stepchange Holdings's Receivables Turnover for the fiscal year that ended in Jun. 2023 is calculated as

Receivables Turnover (A: Jun. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2023 ) / ((Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count )
=40.271 / ((4.644 + 5.098) / 2 )
=40.271 / 4.871
=8.27

Stepchange Holdings'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: Dec. 2024 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=24.363 / ((2.91 + 3.174) / 2 )
=24.363 / 3.042
=8.01

* 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 8.01 mean?
Stepchange Holdings (ASX:STH) has a Receivables Turnover of 8.01 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 Stepchange Holdings and its competitors. According to the industry distribution chart, Stepchange Holdings ranks #850 out of 2767 companies in the Software industry, placing it in the top 30.7%.
Is Stepchange Holdings' Receivables Turnover too high?
Stepchange Holdings' current Receivables Turnover is 8.01. The Software industry median Receivables Turnover is 5.69. Stepchange Holdings' value of 8.01 is 40.8% above this industry median. Based on the distribution chart, Stepchange Holdings ranks #850 out of 2767 companies in the Software industry, which is above the industry midpoint. Overall, Stepchange Holdings has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Stepchange Holdings' Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Stepchange Holdings ranks #850 out of 2767 companies for Receivables Turnover. This puts Stepchange Holdings in the upper half of its industry. The industry median Receivables Turnover is 5.69. Stepchange Holdings' value of 8.01 is 40.8% above 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 2,767 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. Stepchange Holdings's current Receivables Turnover of 8.01 is 40.8% above 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 Stepchange 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. Stepchange Holdings's current Receivables Turnover is 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stepchange Holdings stock overvalued right now?
Stepchange Holdings (ASX:STH) has a current Receivables Turnover of 8.01. The current Receivables Turnover is 8.01 and 40.8% above the Software industry median of 5.69. Stepchange Holdings' overall GF Score™ is 24/100 with 1 warning sign to review. 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 Stepchange Holdings (ASX:STH), the current Receivables Turnover is 8.01 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.

Stepchange Holdings Business Description

Address c/- MPH Lawyers, 580 Hay Street, Suite 183, Level 6, Perth, WA, AUS, 6000
Stepchange Holdings Ltd is engaged in providing software services. It delivers end-to-end SAP ERP and digital transformation service. Its services include: Strategic Alignment and Execution; Program and Project Management; Change Management; and Business Analysis.
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