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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. Octaware Technologies's Revenue for the
six
months ended in Mar. 2026 was ₹104.6 Mil. Octaware Technologies's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹37.7 Mil.
Hence, Octaware Technologies's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.77.
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.
Octaware Technologies Receivables Turnover Related Terms
Octaware Technologies Receivables Turnover Historical Data
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The historical data trend for Octaware 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.
BOM:540416 vs QH, SHOP, UBER: Receivables Turnover Comparison
For the Software - Application subindustry, Octaware 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.
Octaware Technologies Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Octaware Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Octaware 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.
Octaware Technologies (BOM:540416) has a Receivables Turnover of 2.77 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 Octaware Technologies and its competitors. According to the industry distribution chart, Octaware Technologies ranks #1579 out of 2785 companies in the Software industry, placing it in the top 56.7%.
Is Octaware Technologies' Receivables Turnover too high?
Octaware Technologies' current Receivables Turnover is 2.77. The Software industry median Receivables Turnover is 6.02. Octaware Technologies' value of 2.77 is 54% below this industry median. Based on the distribution chart, Octaware Technologies ranks #1579 out of 2785 companies in the Software industry, which is below the industry midpoint. Overall, Octaware Technologies has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Octaware Technologies' Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Octaware Technologies ranks #1579 out of 2785 companies for Receivables Turnover. This places Octaware Technologies in the lower half of its industry. The industry median Receivables Turnover is 6.02. Octaware Technologies' value of 2.77 is 54% 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 6.02, based on 2,785 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. Octaware Technologies's current Receivables Turnover of 2.77 is 54% 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 Octaware Technologies and its competitors. For the Software industry, the median Receivables Turnover is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octaware Technologies's current Receivables Turnover is 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octaware Technologies stock overvalued right now?
Based on GuruFocus' analysis, Octaware Technologies (BOM:540416) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹47.64, compared to a current price of ₹54.53 — trading 14.5% above its estimated fair value. The current Receivables Turnover is 2.77 and 54% below the Software industry median of 6.02. Octaware Technologies' overall GF Score™ is 56/100 with 3 warning signs 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 Octaware Technologies (BOM:540416), the current Receivables Turnover is 2.77 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.
Is Octaware Technologies (BOM:540416) Overvalued in 2026?
Based on GuruFocus' analysis, Octaware Technologies stock appears to be overvalued.
The current stock price of ₹54.53 is trading 14.5% above its estimated GF Value™ of ₹47.64.
GuruFocus considers Octaware Technologies to be Modestly Overvalued.
Key valuation signals for BOM:540416:
Receivables Turnover: 2.77
GF Value™: ₹47.64 vs. price of ₹54.53 (14.5% above fair value)
Industry Position: 54% below the Software median (#1579 of 2785)
No single metric tells the full story. See the BOM:540416 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Octaware Technologies Ltd is a software development, enterprise solution, and consulting firm engaged in the business of providing a range of Information Technology (IT) solutions. It serves healthcare, finance, government, education, real estate, construction, and other industries. The company services include Enterprise Portal, ERP and CRM Implementation, Software Architecture, Software Development Services, Mobile Solutions, Cloud, Security and IT Infrastructure Services, Geospatial Services, and others. Some of its products include PowerERM, Hospice, iOnAsset, Intelli Trade, and others. It also has a presence in the USA, Singapore, UAE, Qatar, Saudi Arabia, and India. Revenue is generated from the sale of services.
56GF Score
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