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. Katipult Technology's Revenue for the
three
months ended in Sep. 2024 was $0.17 Mil. Katipult Technology's average Accounts Receivable for the
three
months ended in Sep. 2024 was $0.02 Mil.
Hence, Katipult Technology's Receivables Turnover for the
three
months ended in Sep. 2024 was 9.00.
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.
Katipult Technology Receivables Turnover Related Terms
Katipult Technology Receivables Turnover Historical Data
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The historical data trend for Katipult Technology'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.
KTPPF vs CRM, INTU, NOW: Receivables Turnover Comparison
For the Software - Application subindustry, Katipult Technology'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.
Katipult Technology Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Katipult Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Katipult Technology'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.
Katipult Technology (KTPPF) has a Receivables Turnover of 9.00 as of Sep. 2024. 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 Katipult Technology and its competitors.
Is Katipult Technology's Receivables Turnover too high?
Katipult Technology's current Receivables Turnover is 9.00. The Software industry median Receivables Turnover is 5.69. Katipult Technology's value of 9.00 is 58.2% above this industry median.
How does Katipult Technology's Receivables Turnover compare to CRM and INTU?
Katipult Technology's Receivables Turnover of 9.00 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. Katipult Technology's value of 9.00 is 58.2% above 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. Katipult Technology's current Receivables Turnover of 9.00 is 58.2% above 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 Katipult Technology 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. Katipult Technology's current Receivables Turnover is 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katipult Technology stock overvalued right now?
Katipult Technology (KTPPF) has a current Receivables Turnover of 9.00. The current Receivables Turnover is 9.00 and 58.2% above the Software industry median of 5.69. 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 Katipult Technology (KTPPF), the current Receivables Turnover is 9.00 as of Sep. 2024. 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.
Katipult Technology Corp is engaged in providing enterprise software and software-related services. It operates as a financial technology company offering a cloud-based software infrastructure that allows firms to design, set up and operate an investment platform. The platform includes modules for various user types, including investors, issuers, administrators, and auditors, among others. It generates subscription revenue and integration revenue. Subscription revenue consists of monthly recurring SaaS revenue earned by providing access to the Platform whereas Integration revenue consists of revenue arising from the provision of regulatory consulting, marketing consulting, and customization services to clients. It has a business presence in Canada, the U.K., and other countries.
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