Checkit (LSE:CKT) Receivables Turnover: 2.27 (As of Jan. 2026)

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LSE:CKT Checkit PLC LSE:CKT
31 GF Score
Price £0.20
GF Value £0.24
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Checkit Receivables Turnover?

Checkit LSE:CKT -2.50% 31 Receivables Turnover is 2.27 as of Jan. 2026. GuruFocus rates LSE:CKT with a GF Score™ of 31/100 and a GF Value™ of £0.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,782 Software companies, Checkit ranks worse than 55.43% on this metric.

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. Checkit's Revenue for the six months ended in Jan. 2026 was £6.80 Mil. Checkit's average Accounts Receivable for the six months ended in Jan. 2026 was £3.00 Mil. Hence, Checkit's Receivables Turnover for the six months ended in Jan. 2026 was 2.27.


Checkit  (LSE:CKT) 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.


Checkit Receivables Turnover Related Terms


Checkit Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Checkit'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.

Checkit Receivables Turnover Chart

Checkit Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 4.68 4.14 6.27 7.61

Checkit Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.14 2.06 2.74 2.38 2.27

LSE:CKT vs UBER, SHOP, CRM: Receivables Turnover Comparison

For the Software - Application subindustry, Checkit'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.


Checkit Receivables Turnover vs Software Industry

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

* The bar in red indicates where Checkit's Receivables Turnover falls into.


LSE:CKT
31GF Score
Checkit PLC LSE:CKT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Checkit Receivables Turnover Calculation

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

Checkit's Receivables Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Receivables Turnover (A: Jan. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2026 ) / ((Accounts Receivable (A: Jan. 2025 ) + Accounts Receivable (A: Jan. 2026 )) / count )
=13.7 / ((1.7 + 1.9) / 2 )
=13.7 / 1.8
=7.61

Checkit's Receivables Turnover for the quarter that ended in Jan. 2026 is calculated as

Receivables Turnover (Q: Jan. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jan. 2026 ) / ((Accounts Receivable (Q: Jul. 2025 ) + Accounts Receivable (Q: Jan. 2026 )) / count )
=6.8 / ((4.1 + 1.9) / 2 )
=6.8 / 3
=2.27

* 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 2.27 mean?
Checkit (LSE:CKT) has a Receivables Turnover of 2.27 as of Jan. 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 Checkit and its competitors. According to the industry distribution chart, Checkit ranks #1542 out of 2782 companies in the Software industry, placing it in the top 55.4%.
Is Checkit's Receivables Turnover too high?
Checkit's current Receivables Turnover is 2.27. The Software industry median Receivables Turnover is 5.73. Checkit's value of 2.27 is 60.3% below this industry median. Based on the distribution chart, Checkit ranks #1542 out of 2782 companies in the Software industry, which is below the industry midpoint. Overall, Checkit has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Checkit's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Checkit ranks #1542 out of 2782 companies for Receivables Turnover. This places Checkit in the lower half of its industry. The industry median Receivables Turnover is 5.73. Checkit's value of 2.27 is 60.3% 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 5.73, based on 2,782 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. Checkit's current Receivables Turnover of 2.27 is 60.3% 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 Checkit and its competitors. For the Software industry, the median Receivables Turnover is 5.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Checkit's current Receivables Turnover is 2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Checkit stock overvalued right now?
Based on GuruFocus' analysis, Checkit (LSE:CKT) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.24, compared to a current price of £0.20 — trading 18.8% below its estimated fair value. The current Receivables Turnover is 2.27 and 60.3% below the Software industry median of 5.73. Checkit's overall GF Score™ is 31/100 with 2 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 Checkit (LSE:CKT), the current Receivables Turnover is 2.27 as of Jan. 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 Checkit (LSE:CKT) Overvalued in 2026?

Based on GuruFocus' analysis, Checkit stock appears to be undervalued. The current stock price of £0.20 is trading 18.8% below its estimated GF Value™ of £0.24. GuruFocus considers Checkit to be Modestly Undervalued.

Key valuation signals for LSE:CKT:

  • Receivables Turnover: 2.27
  • GF Value™: £0.24 vs. price of £0.20 (18.8% below fair value)
  • GF Score™: 31/100 with 2 warning signs
  • Industry Position: 60.3% below the Software median (#1542 of 2782)

No single metric tells the full story. See the LSE:CKT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Checkit Business Description

Other Exchanges EKC1:Germany
Address JJ Thomson Avenue, Broers Building, Cambridge, GBR, CB3 0FA
Checkit PLC is a real-time operation management software company engaged in providing intelligent operations management platforms for desk less workforces, enabling operational agility and intelligent decision-making in large multinational and complex national organizations. The company's subscription business model offers optional plugins for smart sensor networks and workflow task management. Its solutions apply digital tools and monitoring to transform workforce management and incorporate physical assets into a digital ecosystem using Internet of Things (IoT) sensors and monitoring devices. The company has two operating segments; the United Kingdom, and The Americas. It derives a majority of its revenue from the United Kingdom.
31GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.20
Price
£0.24
GF Value