Turnium Technology Group (FRA:E48) Receivables Turnover: 6.33 (As of Mar. 2026)

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What is Turnium Technology Group Receivables Turnover?

Turnium Technology Group FRA:E48 Receivables Turnover is 6.33 as of Mar. 2026. The stock has 8 warning signs investors should review. Among 2,783 Software companies, Turnium Technology Group ranks better than 88.36% 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. Turnium Technology Group's Revenue for the three months ended in Mar. 2026 was €4.06 Mil. Turnium Technology Group's average Accounts Receivable for the three months ended in Mar. 2026 was €0.64 Mil. Hence, Turnium Technology Group's Receivables Turnover for the three months ended in Mar. 2026 was 6.33.


Turnium Technology Group  (FRA:E48) 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.


Turnium Technology Group Receivables Turnover Related Terms


Turnium Technology Group Receivables Turnover Historical Data

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The historical data trend for Turnium Technology Group'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.

Turnium Technology Group Receivables Turnover Chart

Turnium Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial 9.43 10.80 11.65 8.66 16.35

Turnium Technology Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only 3.61 4.29 0.44 4.64 6.33

FRA:E48 vs MSFT, ORCL, PLTR: Receivables Turnover Comparison

For the Software - Infrastructure subindustry, Turnium Technology Group'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.


Turnium Technology Group Receivables Turnover vs Software Industry

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

* The bar in red indicates where Turnium Technology Group's Receivables Turnover falls into.



Turnium Technology Group Receivables Turnover Calculation

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

Turnium Technology Group'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 )
=4.137 / ((0.299 + 0.207) / 2 )
=4.137 / 0.253
=16.35

Turnium Technology Group'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=4.063 / ((0.196 + 1.088) / 2 )
=4.063 / 0.642
=6.33

* 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 6.33 mean?
Turnium Technology Group (FRA:E48) has a Receivables Turnover of 6.33 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 Turnium Technology Group and its competitors. According to the industry distribution chart, Turnium Technology Group ranks #324 out of 2783 companies in the Software industry, placing it in the top 11.6%.
Is Turnium Technology Group's Receivables Turnover too high?
Turnium Technology Group's current Receivables Turnover is 6.33. The Software industry median Receivables Turnover is 5.77. Turnium Technology Group's value of 6.33 is 9.7% above this industry median. Based on the distribution chart, Turnium Technology Group ranks #324 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Turnium Technology Group's Receivables Turnover compare to MSFT and ORCL?
According to the Software industry distribution chart, Turnium Technology Group ranks #324 out of 2783 companies for Receivables Turnover. This places Turnium Technology Group in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.77. Turnium Technology Group's value of 6.33 is 9.7% 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 5.77, based on 2,783 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. Turnium Technology Group's current Receivables Turnover of 6.33 is 9.7% 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 Turnium Technology Group and its competitors. For the Software industry, the median Receivables Turnover is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnium Technology Group's current Receivables Turnover is 6.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Turnium Technology Group (FRA:E48) is currently considered Possible Value Trap. The stock's GF Value™ is €0.04, compared to a current price of €0.03 — trading 34% below its estimated fair value. The current Receivables Turnover is 6.33 and 9.7% above the Software industry median of 5.77. 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 Turnium Technology Group (FRA:E48), the current Receivables Turnover is 6.33 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.

Turnium Technology Group Business Description

Other Exchanges TTGI:Canada
Address 3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5
Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.