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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. Vitec Software Group AB's Revenue for the
three
months ended in Jun. 2026 was kr954 Mil. Vitec Software Group AB's average Accounts Receivable for the
three
months ended in Jun. 2026 was kr350 Mil.
Hence, Vitec Software Group AB's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.73.
Vitec Software Group AB (LTS:0RDI) 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.
Vitec Software Group AB Receivables Turnover Related Terms
Vitec Software Group AB Receivables Turnover Historical Data
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The historical data trend for Vitec Software Group AB'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.
Vitec Software Group AB Receivables Turnover Chart
LTS:0RDI vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, Vitec Software Group AB'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.
Vitec Software Group AB Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Vitec Software Group AB's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vitec Software Group AB'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.
Vitec Software Group AB (LTS:0RDI) has a Receivables Turnover of 2.73 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 Vitec Software Group AB and its competitors. According to the industry distribution chart, Vitec Software Group AB ranks #942 out of 2775 companies in the Software industry, placing it in the top 33.9%.
Is Vitec Software Group AB's Receivables Turnover too high?
Vitec Software Group AB's current Receivables Turnover is 2.73. The Software industry median Receivables Turnover is 5.72. Vitec Software Group AB's value of 2.73 is 52.3% below this industry median. Based on the distribution chart, Vitec Software Group AB ranks #942 out of 2775 companies in the Software industry, which is above the industry midpoint. Overall, Vitec Software Group AB has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vitec Software Group AB's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Vitec Software Group AB ranks #942 out of 2775 companies for Receivables Turnover. This puts Vitec Software Group AB in the upper half of its industry. The industry median Receivables Turnover is 5.72. Vitec Software Group AB's value of 2.73 is 52.3% 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 5.72, based on 2,775 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. Vitec Software Group AB's current Receivables Turnover of 2.73 is 52.3% 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 Vitec Software Group AB and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitec Software Group AB's current Receivables Turnover is 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitec Software Group AB stock overvalued right now?
Based on GuruFocus' analysis, Vitec Software Group AB (LTS:0RDI) is currently considered Possible Value Trap. The stock's GF Value™ is kr624.52, compared to a current price of kr233.00 — trading 62.7% below its estimated fair value. The current Receivables Turnover is 2.73 and 52.3% below the Software industry median of 5.72. Vitec Software Group AB's overall GF Score™ is 79/100 with 4 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 Vitec Software Group AB (LTS:0RDI), the current Receivables Turnover is 2.73 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 Vitec Software Group AB (LTS:0RDI) Overvalued in 2026?
Based on GuruFocus' analysis, Vitec Software Group AB stock appears to be undervalued.
The current stock price of kr233.00 is trading 62.7% below its estimated GF Value™ of kr624.52.
GuruFocus considers Vitec Software Group AB to be Possible Value Trap.
Key valuation signals for LTS:0RDI:
Receivables Turnover: 2.73
GF Value™: kr624.52 vs. price of kr233.00 (62.7% below fair value)
Industry Position: 52.3% below the Software median (#942 of 2775)
No single metric tells the full story. See the LTS:0RDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vitec Software Group AB is a software company in Vertical Market Software in the Nordic region. The company provides software for the pharmacy market, automotive and machine industry, banks and insurance companies, healthcare companies, real estate agents, and the education sector. Its segments comprise Auto, Energy, Real Estate, Finance and insurance, Environment, Estate Agents, and Education and health.
79GF Score
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