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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. Quartix Technologies's Revenue for the
six
months ended in Jun. 2026 was £19.36 Mil. Quartix Technologies's average Accounts Receivable for the
six
months ended in Jun. 2026 was £4.55 Mil.
Hence, Quartix Technologies's Receivables Turnover for the
six
months ended in Jun. 2026 was 4.26.
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.
Quartix Technologies Receivables Turnover Related Terms
Quartix Technologies Receivables Turnover Historical Data
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The historical data trend for Quartix Technologies'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.
LSE:QTX vs COHR, KEYS, GRMN: Receivables Turnover Comparison
For the Scientific & Technical Instruments subindustry, Quartix Technologies'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.
Quartix Technologies Receivables Turnover vs Hardware Industry
For the Hardware industry and Technology sector, Quartix Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Quartix Technologies'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.
Quartix Technologies (LSE:QTX) has a Receivables Turnover of 4.26 as of Jun. 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 Quartix Technologies and its competitors. According to the industry distribution chart, Quartix Technologies ranks #431 out of 2468 companies in the Hardware industry, placing it in the top 17.5%.
Is Quartix Technologies' Receivables Turnover too high?
Quartix Technologies' current Receivables Turnover is 4.26. The Hardware industry median Receivables Turnover is 4.91. Quartix Technologies' value of 4.26 is 13.2% below this industry median. Based on the distribution chart, Quartix Technologies ranks #431 out of 2468 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Quartix Technologies has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quartix Technologies' Receivables Turnover compare to COHR and KEYS?
According to the Hardware industry distribution chart, Quartix Technologies ranks #431 out of 2468 companies for Receivables Turnover. This places Quartix Technologies in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.91. Quartix Technologies' value of 4.26 is 13.2% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.91, based on 2,468 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. Quartix Technologies's current Receivables Turnover of 4.26 is 13.2% 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 Quartix Technologies and its competitors. For the Hardware industry, the median Receivables Turnover is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quartix Technologies's current Receivables Turnover is 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quartix Technologies stock overvalued right now?
Based on GuruFocus' analysis, Quartix Technologies (LSE:QTX) is currently considered Fairly Valued. The stock's GF Value™ is £2.44, compared to a current price of £2.33 — trading 4.7% below its estimated fair value. The current Receivables Turnover is 4.26 and 13.2% below the Hardware industry median of 4.91. Quartix Technologies' overall GF Score™ is 75/100 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 Quartix Technologies (LSE:QTX), the current Receivables Turnover is 4.26 as of Jun. 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 Quartix Technologies (LSE:QTX) Overvalued in 2026?
Based on GuruFocus' analysis, Quartix Technologies stock appears to be undervalued.
The current stock price of £2.33 is trading 4.7% below its estimated GF Value™ of £2.44.
GuruFocus considers Quartix Technologies to be Fairly Valued.
Key valuation signals for LSE:QTX:
Receivables Turnover: 4.26
GF Value™: £2.44 vs. price of £2.33 (4.7% below fair value)
Industry Position: 13.2% below the Hardware median (#431 of 2468)
No single metric tells the full story. See the LSE:QTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quartix Technologies PLC is a supplier of subscription-based vehicle tracking systems, software and services. The Group provides an integrated tracking and telematics data analysis solution for fleets of commercial vehicles that is designed to improve productivity and lower costs by capturing, analyzing and reporting vehicle and driver data. The group's revenue by geographical markets is highest in the United Kingdom, followed by France, other European territories, and the United States of America. The features offered by the company are : Live Tracking, Trip Reports, Geofencing, Driver Behaviour and Others. The solutions offered by the company are: GPS Vehicle Tracking, Fleet Management Software, and Commercial Dashcams.
75GF Score
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