HIT (Health In Tech) Receivables Turnover: 1.31 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HIT Health In Tech Inc HIT
19 GF Score
Price $1.02
! 2 Warning Signs
View Full Analysis

What is Health In Tech Receivables Turnover?

Health In Tech HIT -0.97% 19 Receivables Turnover is 1.31 as of Jun. 2026. GuruFocus rates HIT with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 2,783 Software companies, Health In Tech ranks better than 80.49% 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. Health In Tech's Revenue for the three months ended in Jun. 2026 was $8.06 Mil. Health In Tech's average Accounts Receivable for the three months ended in Jun. 2026 was $6.14 Mil. Hence, Health In Tech's Receivables Turnover for the three months ended in Jun. 2026 was 1.31.


Health In Tech  (NAS:HIT) 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.


Health In Tech Receivables Turnover Related Terms


Health In Tech Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Health In Tech'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.

Health In Tech Receivables Turnover Chart

Health In Tech Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Receivables Turnover
6.04 12.00 10.04 27.74

Health In Tech Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.49 7.90 9.24 3.90 1.31

HIT vs AEYE, IDN, RSSS: Receivables Turnover Comparison

For the Software - Application subindustry, Health In Tech'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.


Health In Tech Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Health In Tech's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Health In Tech's Receivables Turnover falls into.


HIT
19GF Score
Health In Tech Inc HIT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Health In Tech Receivables Turnover Calculation

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

Health In Tech's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=33.328 / ((1.647 + 0.756) / 2 )
=33.328 / 1.2015
=27.74

Health In Tech's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=8.057 / ((3.738 + 8.546) / 2 )
=8.057 / 6.142
=1.31

* 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 1.31 mean?
Health In Tech (HIT) has a Receivables Turnover of 1.31 as of Jun. 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 Health In Tech and its competitors. According to the industry distribution chart, Health In Tech ranks #543 out of 2783 companies in the Software industry, placing it in the top 19.5%.
Is Health In Tech's Receivables Turnover too high?
Health In Tech's current Receivables Turnover is 1.31. The Software industry median Receivables Turnover is 5.96. Health In Tech's value of 1.31 is 78% below this industry median. Based on the distribution chart, Health In Tech ranks #543 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Health In Tech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Health In Tech's Receivables Turnover compare to AEYE and IDN?
According to the Software industry distribution chart, Health In Tech ranks #543 out of 2783 companies for Receivables Turnover. This places Health In Tech in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.96. Health In Tech's value of 1.31 is 78% 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 5.96, 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. Health In Tech's current Receivables Turnover of 1.31 is 78% 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 Health In Tech and its competitors. For the Software industry, the median Receivables Turnover is 5.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Health In Tech's current Receivables Turnover is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Health In Tech stock overvalued right now?
Health In Tech (HIT) has a current Receivables Turnover of 1.31. The current Receivables Turnover is 1.31 and 78% below the Software industry median of 5.96. Health In Tech's overall GF Score™ is 19/100 with 2 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 Health In Tech (HIT), the current Receivables Turnover is 1.31 as of Jun. 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.

Health In Tech Business Description

Address 701 South Colorado Avenue, Suite 1, Stuart, FL, USA, 34994
Health In Tech Inc is an AI-enabled insurance technology platform company that offers a marketplace that improves processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, it streamlines the underwriting, sales, and service process for insurance companies, licensed brokers, Managing General Underwriter (MGUs), and third-party administrators (TPAs). The company's platform serves as a marketplace for brokers, TPAs, MGUs and carriers with self-funded health insurance options for employers. The platform includes functions such as plan customization, stop-loss quoting, underwriting, claims administration, and reporting integration.
19GF Score

Get the complete analysis for HIT

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.02
Price