AYO Technology Solutions (JSE:AYO) Receivables Turnover: 2.31 (As of Feb. 2025)

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JSE:AYO AYO Technology Solutions Ltd JSE:AYO
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What is AYO Technology Solutions Receivables Turnover?

AYO Technology Solutions JSE:AYO 11 Receivables Turnover is 2.31 as of Feb. 2025. GuruFocus rates JSE:AYO with a GF Score™ of 11/100.

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. AYO Technology Solutions's Revenue for the six months ended in Feb. 2025 was R781 Mil. AYO Technology Solutions's average Accounts Receivable for the six months ended in Feb. 2025 was R339 Mil. Hence, AYO Technology Solutions's Receivables Turnover for the six months ended in Feb. 2025 was 2.30.


AYO Technology Solutions  (JSE:AYO) 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.


AYO Technology Solutions Receivables Turnover Related Terms


AYO Technology Solutions Receivables Turnover Historical Data

* Premium members only.

The historical data trend for AYO Technology Solutions'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.

AYO Technology Solutions Receivables Turnover Chart

AYO Technology Solutions Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.95 3.58 4.13 5.86 5.13

AYO Technology Solutions Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 2.52 2.92 2.82 2.70 2.31

JSE:AYO vs IBM, ACN, FI: Receivables Turnover Comparison

For the Information Technology Services subindustry, AYO Technology Solutions'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.


AYO Technology Solutions Receivables Turnover vs Software Industry

For the Software industry and Technology sector, AYO Technology Solutions's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where AYO Technology Solutions's Receivables Turnover falls into.


JSE:AYO
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AYO Technology Solutions Ltd JSE:AYO
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AYO Technology Solutions Receivables Turnover Calculation

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

AYO Technology Solutions's Receivables Turnover for the fiscal year that ended in Aug. 2024 is calculated as

Receivables Turnover (A: Aug. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Aug. 2024 ) / ((Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Aug. 2024 )) / count )
=1871.765 / ((406.856 + 322.684) / 2 )
=1871.765 / 364.77
=5.13

AYO Technology Solutions's Receivables Turnover for the quarter that ended in Feb. 2025 is calculated as

Receivables Turnover (Q: Feb. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2025 ) / ((Accounts Receivable (Q: Aug. 2024 ) + Accounts Receivable (Q: Feb. 2025 )) / count )
=780.983 / ((322.684 + 355.034) / 2 )
=780.983 / 338.859
=2.30

* 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 2.31 mean?
AYO Technology Solutions (JSE:AYO) has a Receivables Turnover of 2.31 as of Feb. 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 AYO Technology Solutions and its competitors.
Is AYO Technology Solutions' Receivables Turnover too high?
AYO Technology Solutions' current Receivables Turnover is 2.31. The Software industry median Receivables Turnover is 6.03. AYO Technology Solutions' value of 2.31 is 61.7% below this industry median. Overall, AYO Technology Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does AYO Technology Solutions' Receivables Turnover compare to IBM and ACN?
AYO Technology Solutions' Receivables Turnover of 2.31 can be compared against companies in the Software industry. The industry median Receivables Turnover is 6.03. AYO Technology Solutions' value of 2.31 is 61.7% 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 6.03, based on 2,787 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. AYO Technology Solutions's current Receivables Turnover of 2.31 is 61.7% 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 AYO Technology Solutions and its competitors. For the Software industry, the median Receivables Turnover is 6.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AYO Technology Solutions's current Receivables Turnover is 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AYO Technology Solutions stock overvalued right now?
AYO Technology Solutions (JSE:AYO) has a current Receivables Turnover of 2.31. The current Receivables Turnover is 2.31 and 61.7% below the Software industry median of 6.03. AYO Technology Solutions' overall GF Score™ is 11/100. 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 AYO Technology Solutions (JSE:AYO), the current Receivables Turnover is 2.31 as of Feb. 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.

AYO Technology Solutions Business Description

Address Cnr Heerengracht & Walter Sisulu Avenue, 10th Floor, Convention Tower, Foreshore, Cape Town, WC, ZAF, 8001
AYO Technology Solutions Ltd is Broad-Based Black Economic Empowerment (B-BBEE) information and communications technology (ICT) investment holding company. The company through its subsidiaries provides solutions to both the public and private sectors within South Africa and overseas countries. It offers a diversified portfolio of services such as data analytics, systems integration, and business process management, software development, security, cloud solutions, and digital transformation. The company's operating segment includes Software and consulting; Security solutions; Unified communications; Health care service; Tracking solutions and Managed Services. It generates maximum revenue from the Managed services segment.
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