SeaChange International (LTS:0A8G) Receivables Turnover: 0.79 (As of Apr. 2023)

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LTS:0A8G SeaChange International Inc LTS:0A8G
12 GF Score
Price $5.50
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What is SeaChange International Receivables Turnover?

SeaChange International LTS:0A8G 12 Receivables Turnover is 0.79 as of Apr. 2023. GuruFocus rates LTS:0A8G with a GF Score™ of 12/100.

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. SeaChange International's Revenue for the three months ended in Apr. 2023 was $6.99 Mil. SeaChange International's average Accounts Receivable for the three months ended in Apr. 2023 was $8.87 Mil. Hence, SeaChange International's Receivables Turnover for the three months ended in Apr. 2023 was 0.79.


SeaChange International  (LTS:0A8G) 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.


SeaChange International Receivables Turnover Related Terms


SeaChange International Receivables Turnover Historical Data

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The historical data trend for SeaChange International'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.

SeaChange International Receivables Turnover Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.99 4.28 2.42 3.67 3.38

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 0.84 1.05 1.21 1.17 0.79

LTS:0A8G vs MTBL, DSNY, LKCO: Receivables Turnover Comparison

For the Software - Application subindustry, SeaChange International'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.


SeaChange International Receivables Turnover vs Software Industry

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

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


LTS:0A8G
12GF Score
SeaChange International Inc LTS:0A8G
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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SeaChange International Receivables Turnover Calculation

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

SeaChange International's Receivables Turnover for the fiscal year that ended in Jan. 2023 is calculated as

Receivables Turnover (A: Jan. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jan. 2023 ) / ((Accounts Receivable (A: Jan. 2022 ) + Accounts Receivable (A: Jan. 2023 )) / count )
=32.493 / ((8.819 + 10.382) / 2 )
=32.493 / 9.6005
=3.38

SeaChange International's Receivables Turnover for the quarter that ended in Apr. 2023 is calculated as

Receivables Turnover (Q: Apr. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2023 ) / ((Accounts Receivable (Q: Jan. 2023 ) + Accounts Receivable (Q: Apr. 2023 )) / count )
=6.992 / ((10.382 + 7.362) / 2 )
=6.992 / 8.872
=0.79

* 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 0.79 mean?
SeaChange International (LTS:0A8G) has a Receivables Turnover of 0.79 as of Apr. 2023. 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 SeaChange International and its competitors.
Is SeaChange International's Receivables Turnover too high?
SeaChange International's current Receivables Turnover is 0.79. The Software industry median Receivables Turnover is 6.02. SeaChange International's value of 0.79 is 86.9% below this industry median. Overall, SeaChange International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SeaChange International's Receivables Turnover compare to MTBL and DSNY?
SeaChange International's Receivables Turnover of 0.79 can be compared against companies in the Software industry. The industry median Receivables Turnover is 6.02. SeaChange International's value of 0.79 is 86.9% 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 6.02, based on 2,776 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. SeaChange International's current Receivables Turnover of 0.79 is 86.9% 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 SeaChange International and its competitors. For the Software industry, the median Receivables Turnover is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SeaChange International's current Receivables Turnover is 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SeaChange International stock overvalued right now?
SeaChange International (LTS:0A8G) has a current Receivables Turnover of 0.79. The current Receivables Turnover is 0.79 and 86.9% below the Software industry median of 6.02. SeaChange International's overall GF Score™ is 12/100. 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 SeaChange International (LTS:0A8G), the current Receivables Turnover is 0.79 as of Apr. 2023. 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.

SeaChange International Business Description

Address 177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services development. Its software products and services facilitate the aggregation, licensing, management and distribution of video and advertising content for service providers, telecommunications companies, satellite operators, broadcasters and other content providers. It sells software products and services globally, to service providers including: operators; telecommunications companies; satellite operators; and broadcasters.
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