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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. Hitek Global's Revenue for the
six
months ended in Dec. 2025 was $5.80 Mil. Hitek Global's average Accounts Receivable for the
six
months ended in Dec. 2025 was $3.28 Mil.
Hence, Hitek Global's Receivables Turnover for the
six
months ended in Dec. 2025 was 1.77.
Hitek Global (NAS:HKIT) 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.
Hitek Global Receivables Turnover Related Terms
Hitek Global Receivables Turnover Historical Data
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The historical data trend for Hitek Global'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.
HKIT vs AIOS, SAIH, JFU: Receivables Turnover Comparison
For the Information Technology Services subindustry, Hitek Global'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.
Hitek Global Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Hitek Global's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hitek Global'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.
Hitek Global (HKIT) has a Receivables Turnover of 1.77 as of Dec. 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 Hitek Global and its competitors. According to the industry distribution chart, Hitek Global ranks #2373 out of 2785 companies in the Software industry, placing it in the top 85.2%.
Is Hitek Global's Receivables Turnover too high?
Hitek Global's current Receivables Turnover is 1.77. The Software industry median Receivables Turnover is 6.02. Hitek Global's value of 1.77 is 70.6% below this industry median. Based on the distribution chart, Hitek Global ranks #2373 out of 2785 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Hitek Global has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hitek Global's Receivables Turnover compare to AIOS and SAIH?
According to the Software industry distribution chart, Hitek Global ranks #2373 out of 2785 companies for Receivables Turnover. This places Hitek Global in the lower half of its industry. The industry median Receivables Turnover is 6.02. Hitek Global's value of 1.77 is 70.6% 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. Hitek Global's current Receivables Turnover of 1.77 is 70.6% 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 Hitek Global 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. Hitek Global's current Receivables Turnover is 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitek Global stock overvalued right now?
Based on GuruFocus' analysis, Hitek Global (HKIT) is currently considered Possible Value Trap. The stock's GF Value™ is $30,321.86, compared to a current price of $3.08 — trading 100% below its estimated fair value. The current Receivables Turnover is 1.77 and 70.6% below the Software industry median of 6.02. Hitek Global's 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 Hitek Global (HKIT), the current Receivables Turnover is 1.77 as of Dec. 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.
Is Hitek Global (HKIT) Overvalued in 2026?
Based on GuruFocus' analysis, Hitek Global stock appears to be undervalued.
The current stock price of $3.08 is trading 100% below its estimated GF Value™ of $30,321.86.
GuruFocus considers Hitek Global to be Possible Value Trap.
Key valuation signals for HKIT:
Receivables Turnover: 1.77
GF Value™: $30,321.86 vs. price of $3.08 (100% below fair value)
Industry Position: 70.6% below the Software median (#2373 of 2785)
No single metric tells the full story. See the HKIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of business services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from Hardware and equipment sales, Tax services, and Software sales.
56GF Score
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