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. Cenit AG's Revenue for the
three
months ended in Mar. 2026 was €52.5 Mil. Cenit AG's average Accounts Receivable for the
three
months ended in Mar. 2026 was €33.6 Mil.
Hence, Cenit AG's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.56.
Cenit AG (CHIX:CSHd) 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.
Cenit AG Receivables Turnover Related Terms
Cenit AG Receivables Turnover Historical Data
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The historical data trend for Cenit AG'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.
CHIX:CSHD vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, Cenit AG'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.
Cenit AG Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Cenit AG's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Cenit AG'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.
Cenit AG (CHIX:CSHD) has a Receivables Turnover of 1.56 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 Cenit AG and its competitors. According to the industry distribution chart, Cenit AG ranks #1149 out of 2771 companies in the Software industry, placing it in the top 41.5%.
Is Cenit AG's Receivables Turnover too high?
Cenit AG's current Receivables Turnover is 1.56. The Software industry median Receivables Turnover is 5.67. Cenit AG's value of 1.56 is 72.5% below this industry median. Based on the distribution chart, Cenit AG ranks #1149 out of 2771 companies in the Software industry, which is above the industry midpoint. Overall, Cenit AG has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Cenit AG's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Cenit AG ranks #1149 out of 2771 companies for Receivables Turnover. This puts Cenit AG in the upper half of its industry. The industry median Receivables Turnover is 5.67. Cenit AG's value of 1.56 is 72.5% 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 5.67, based on 2,771 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. Cenit AG's current Receivables Turnover of 1.56 is 72.5% 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 Cenit AG and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenit AG's current Receivables Turnover is 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenit AG stock overvalued right now?
Cenit AG (CHIX:CSHD) has a current Receivables Turnover of 1.56. The stock's GF Value™ is €16.60, compared to a current price of €14.38 — trading 13.4% below its estimated fair value. The current Receivables Turnover is 1.56 and 72.5% below the Software industry median of 5.67. Cenit AG's overall GF Score™ is 80/100 with 5 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 Cenit AG (CHIX:CSHD), the current Receivables Turnover is 1.56 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 Cenit AG (CHIX:CSHD) Overvalued in 2026?
Based on GuruFocus' analysis, Cenit AG stock appears to be undervalued.
The current stock price of €14.38 is trading 13.4% below its estimated GF Value™ of €16.60.
Key valuation signals for CHIX:CSHD:
Receivables Turnover: 1.56
GF Value™: €16.60 vs. price of €14.38 (13.4% below fair value)
Industry Position: 72.5% below the Software median (#1149 of 2771)
No single metric tells the full story. See the CHIX:CSHD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenit AG specializes in the sale and integration of software and IT services. The Group has two reportable segments: EIM (Enterprise Information Management) and PLM (Product Lifecycle Management). The majority of its revenue is generated from the PLM segment, which focuses on industrial customers and the corresponding technologies, providing products and services in product lifecycle management, such as CATIA from Dassault Systemes or SAP, and internally developed software such as cenitCONNECT and FASTSUITE. The EIM segment serves businesses, banks, insurers, and utilities by providing IBM-based and in-house software solutions and consulting for document management and business intelligence. Geographically, it derives key revenue from Germany, followed by France, North America, and others.
80GF Score
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