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. Hitit Bilgisayar Hizmetleri AS's Revenue for the
three
months ended in Mar. 2026 was ₺495 Mil. Hitit Bilgisayar Hizmetleri AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₺472 Mil.
Hence, Hitit Bilgisayar Hizmetleri AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.05.
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) 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.
Hitit Bilgisayar Hizmetleri AS Receivables Turnover Related Terms
Hitit Bilgisayar Hizmetleri AS Receivables Turnover Historical Data
* 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.
Hitit Bilgisayar Hizmetleri AS Receivables Turnover Chart
IST:HTTBT vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, Hitit Bilgisayar Hizmetleri AS'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.
Hitit Bilgisayar Hizmetleri AS Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Hitit Bilgisayar Hizmetleri AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Hitit Bilgisayar Hizmetleri AS'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.
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) has a Receivables Turnover of 1.05 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 Hitit Bilgisayar Hizmetleri AS and its competitors. According to the industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #1879 out of 2771 companies in the Software industry, placing it in the top 67.8%.
Is Hitit Bilgisayar Hizmetleri AS's Receivables Turnover too high?
Hitit Bilgisayar Hizmetleri AS's current Receivables Turnover is 1.05. The Software industry median Receivables Turnover is 5.69. Hitit Bilgisayar Hizmetleri AS's value of 1.05 is 81.5% below this industry median. Based on the distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #1879 out of 2771 companies in the Software industry, which is below the industry midpoint. Overall, Hitit Bilgisayar Hizmetleri AS has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hitit Bilgisayar Hizmetleri AS's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #1879 out of 2771 companies for Receivables Turnover. This places Hitit Bilgisayar Hizmetleri AS in the lower half of its industry. The industry median Receivables Turnover is 5.69. Hitit Bilgisayar Hizmetleri AS's value of 1.05 is 81.5% 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 5.69, 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. Hitit Bilgisayar Hizmetleri AS's current Receivables Turnover of 1.05 is 81.5% 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 Hitit Bilgisayar Hizmetleri AS 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. Hitit Bilgisayar Hizmetleri AS's current Receivables Turnover is 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitit Bilgisayar Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺84.61, compared to a current price of ₺38.28 — trading 54.8% below its estimated fair value. The current Receivables Turnover is 1.05 and 81.5% below the Software industry median of 5.69. Hitit Bilgisayar Hizmetleri AS's overall GF Score™ is 85/100 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT), the current Receivables Turnover is 1.05 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Overvalued in 2026?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS stock appears to be undervalued.
The current stock price of ₺38.28 is trading 54.8% below its estimated GF Value™ of ₺84.61.
GuruFocus considers Hitit Bilgisayar Hizmetleri AS to be Significantly Undervalued.
Key valuation signals for IST:HTTBT:
Receivables Turnover: 1.05
GF Value™: ₺84.61 vs. price of ₺38.28 (54.8% below fair value)
Industry Position: 81.5% below the Software median (#1879 of 2771)
No single metric tells the full story. See the IST:HTTBT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hitit Bilgisayar Hizmetleri AS Business Description
Hitit Bilgisayar Hizmetleri AS develops software solutions for airlines, travel companies and airports, carry operations to provide these as a service, to host and to sell. The company operates in a single reporting unit that develop software solutions for the travel industry, especially for airlines, tour operators and airports, providing them as a service, additional development, maintenance and operating activities.
85GF Score
Get the complete analysis for IST:HTTBT
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:HTTBT has been successfully added to your 
