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. VBT Yazilim AS's Revenue for the
three
months ended in Mar. 2026 was ₺774 Mil. VBT Yazilim AS's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₺384 Mil.
Hence, VBT Yazilim AS's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.02.
VBT Yazilim AS (IST:VBTYZ) 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.
VBT Yazilim AS Receivables Turnover Related Terms
VBT Yazilim AS Receivables Turnover Historical Data
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The historical data trend for VBT Yazilim AS'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.
IST:VBTYZ vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, VBT Yazilim 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.
VBT Yazilim AS Receivables Turnover vs Software Industry
For the Software industry and Technology sector, VBT Yazilim AS's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where VBT Yazilim 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.
VBT Yazilim AS (IST:VBTYZ) has a Receivables Turnover of 2.02 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 VBT Yazilim AS and its competitors. According to the industry distribution chart, VBT Yazilim AS ranks #602 out of 2771 companies in the Software industry, placing it in the top 21.7%.
Is VBT Yazilim AS's Receivables Turnover too high?
VBT Yazilim AS's current Receivables Turnover is 2.02. The Software industry median Receivables Turnover is 5.67. VBT Yazilim AS's value of 2.02 is 64.4% below this industry median. Based on the distribution chart, VBT Yazilim AS ranks #602 out of 2771 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, VBT Yazilim AS has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VBT Yazilim AS's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, VBT Yazilim AS ranks #602 out of 2771 companies for Receivables Turnover. This places VBT Yazilim AS in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.67. VBT Yazilim AS's value of 2.02 is 64.4% 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 5.67, 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. VBT Yazilim AS's current Receivables Turnover of 2.02 is 64.4% 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 VBT Yazilim AS and its competitors. For the Software industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VBT Yazilim AS's current Receivables Turnover is 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBT Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, VBT Yazilim AS (IST:VBTYZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺23.40, compared to a current price of ₺28.88 — trading 23.4% above its estimated fair value. The current Receivables Turnover is 2.02 and 64.4% below the Software industry median of 5.67. VBT Yazilim AS's overall GF Score™ is 83/100 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 VBT Yazilim AS (IST:VBTYZ), the current Receivables Turnover is 2.02 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 VBT Yazilim AS (IST:VBTYZ) Overvalued in 2026?
Based on GuruFocus' analysis, VBT Yazilim AS stock appears to be overvalued.
The current stock price of ₺28.88 is trading 23.4% above its estimated GF Value™ of ₺23.40.
GuruFocus considers VBT Yazilim AS to be Modestly Overvalued.
Key valuation signals for IST:VBTYZ:
Receivables Turnover: 2.02
GF Value™: ₺23.40 vs. price of ₺28.88 (23.4% above fair value)
Industry Position: 64.4% below the Software median (#602 of 2771)
No single metric tells the full story. See the IST:VBTYZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VBT Yazilim AS is an information technology company. Its products include E-Transformation Applications, Energy and Utility Applications, Public Applications, Commercial Applications, Application Modernization, BMC Software, IBM, MICRO FOCUS, Jennifer. Its services include Outsource, Training, Consultancy Services, and Modernization.
83GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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