GIT (Going International Holding Co) Receivables Turnover: 7.07 (As of Mar. 2025)


What is Going International Holding Co Receivables Turnover?

Going International Holding Co GIT Receivables Turnover is 7.07 as of Mar. 2025.

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. Going International Holding Co's Revenue for the six months ended in Mar. 2025 was $7.48 Mil. Going International Holding Co's average Accounts Receivable for the six months ended in Mar. 2025 was $1.06 Mil. Hence, Going International Holding Co's Receivables Turnover for the six months ended in Mar. 2025 was 7.07.


Going International Holding Co  (NAS:GIT) 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.


Going International Holding Co Receivables Turnover Related Terms


Going International Holding Co Receivables Turnover Historical Data

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The historical data trend for Going International Holding Co'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.

Going International Holding Co Receivables Turnover Chart

Going International Holding Co Annual Data
Trend Sep21 Sep22 Sep23
Receivables Turnover
12.94 18.06 20.05

Going International Holding Co Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Receivables Turnover Get a 7-Day Free Trial 9.35 10.79 8.09 6.69 7.07

GIT vs : Receivables Turnover Comparison

For the Software - Application subindustry, Going International Holding Co'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.


Going International Holding Co Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Going International Holding Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Going International Holding Co's Receivables Turnover falls into.



Going International Holding Co Receivables Turnover Calculation

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

Going International Holding Co's Receivables Turnover for the fiscal year that ended in Sep. 2023 is calculated as

Receivables Turnover (A: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2023 ) / ((Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count )
=11.159 / ((0.591 + 0.522) / 2 )
=11.159 / 0.5565
=20.05

Going International Holding Co's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Sep. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=7.475 / ((0.926 + 1.19) / 2 )
=7.475 / 1.058
=7.07

* 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 7.07 mean?
Going International Holding Co (GIT) has a Receivables Turnover of 7.07 as of Mar. 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 Going International Holding Co and its competitors.
Is Going International Holding Co's Receivables Turnover too high?
Going International Holding Co's current Receivables Turnover is 7.07. The Software industry median Receivables Turnover is 5.69. Going International Holding Co's value of 7.07 is 24.3% above this industry median.
How does Going International Holding Co's Receivables Turnover compare to ?
Going International Holding Co's Receivables Turnover of 7.07 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. Going International Holding Co's value of 7.07 is 24.3% 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 2,771 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. Going International Holding Co's current Receivables Turnover of 7.07 is 24.3% 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 Going International Holding Co 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. Going International Holding Co's current Receivables Turnover is 7.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Going International Holding Co stock overvalued right now?
Going International Holding Co (GIT) has a current Receivables Turnover of 7.07. The current Receivables Turnover is 7.07 and 24.3% above the Software industry median of 5.69. 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 Going International Holding Co (GIT), the current Receivables Turnover is 7.07 as of Mar. 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.

Going International Holding Co Business Description

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Address No. 3099 Keyuan South Road, Yuehai Street, 46F, China Energy Storage Building, High-tech Zone Community, Nanshan District, Shenzhen, CHN
Going International Holding Co Ltd is a back-testing solution engaged in quantitative trading strategies development and related services. It offers back-testing SaaS platform, enterprise management SaaS solutions and software system development services. Back-testing SaaS platform integrates data, strategies, and distributed task scheduling for computing power resources to provide customers with high-performance back-testing tools and computing power services to test the effectiveness of investment strategies. Enterprise management SaaS products offer innovative and comprehensive functionalities including omni-channel marketing, customer relationship management, and business reporting.