MGRT (Mega Fortune Co) Receivables Turnover: 0.98 (As of Sep. 2025)

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MGRT Mega Fortune Co Ltd MGRT
24 GF Score
Price $98.99
! 1 Warning Sign
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What is Mega Fortune Co Receivables Turnover?

Mega Fortune Co MGRT +11.10% 24 Receivables Turnover is 0.98 as of Sep. 2025. GuruFocus rates MGRT with a GF Score™ of 24/100. The stock has 1 warning sign investors should review. Among 2,782 Software companies, Mega Fortune Co ranks worse than 85.12% 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. Mega Fortune Co's Revenue for the six months ended in Sep. 2025 was $5.71 Mil. Mega Fortune Co's average Accounts Receivable for the six months ended in Sep. 2025 was $5.82 Mil. Hence, Mega Fortune Co's Receivables Turnover for the six months ended in Sep. 2025 was 0.98.


Mega Fortune Co  (NAS:MGRT) 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.


Mega Fortune Co Receivables Turnover Related Terms


Mega Fortune Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mega Fortune Co'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.

Mega Fortune Co Receivables Turnover Chart

Mega Fortune Co Annual Data
Trend Sep22 Sep23 Sep24 Sep25
Receivables Turnover
3.49 2.59 1.73 2.59

Mega Fortune Co Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Receivables Turnover Get a 7-Day Free Trial 1.01 1.09 0.64 1.39 0.98

MGRT vs VYX, GLOB, EFOR: Receivables Turnover Comparison

For the Information Technology Services subindustry, Mega Fortune Co'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.


Mega Fortune Co Receivables Turnover vs Software Industry

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

* The bar in red indicates where Mega Fortune Co's Receivables Turnover falls into.


MGRT
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Mega Fortune Co Ltd MGRT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Fortune Co Receivables Turnover Calculation

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

Mega Fortune Co's Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=11.086 / ((2.337 + 6.24) / 2 )
=11.086 / 4.2885
=2.59

Mega Fortune Co's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=5.714 / ((5.395 + 6.24) / 2 )
=5.714 / 5.8175
=0.98

* 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 0.98 mean?
Mega Fortune Co (MGRT) has a Receivables Turnover of 0.98 as of Sep. 2025. 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 Mega Fortune Co and its competitors. According to the industry distribution chart, Mega Fortune Co ranks #2368 out of 2782 companies in the Software industry, placing it in the top 85.1%.
Is Mega Fortune Co's Receivables Turnover too high?
Mega Fortune Co's current Receivables Turnover is 0.98. The Software industry median Receivables Turnover is 5.73. Mega Fortune Co's value of 0.98 is 82.9% below this industry median. Based on the distribution chart, Mega Fortune Co ranks #2368 out of 2782 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Mega Fortune Co has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Mega Fortune Co's Receivables Turnover compare to VYX and GLOB?
According to the Software industry distribution chart, Mega Fortune Co ranks #2368 out of 2782 companies for Receivables Turnover. This places Mega Fortune Co in the lower half of its industry. The industry median Receivables Turnover is 5.73. Mega Fortune Co's value of 0.98 is 82.9% 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 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. Mega Fortune Co's current Receivables Turnover of 0.98 is 82.9% 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 Mega Fortune Co 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. Mega Fortune Co's current Receivables Turnover is 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Fortune Co stock overvalued right now?
Mega Fortune Co (MGRT) has a current Receivables Turnover of 0.98. The current Receivables Turnover is 0.98 and 82.9% below the Software industry median of 5.73. Mega Fortune Co's overall GF Score™ is 24/100 with 1 warning sign 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 Mega Fortune Co (MGRT), the current Receivables Turnover is 0.98 as of Sep. 2025. 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.

Mega Fortune Co Business Description

Address Science Park West Avenue, Unit 327 3/F 16W 16, Shatin, New Territories, Hong Kong, HKG
Mega Fortune Co Ltd is an Internet of Things (IoT) solution provider in Hong Kong. Through its IoT platform, tools, and services, it helps enterprises with their digital transformation, launch IoT initiatives, scale up an existing IoT application, or integrate any IoT solution. The Company has specialized in delivering comprehensive IoT solutions and services across various industries. Its vision is to become the preferred choice for enterprise and project IoT solutions across the Asia-Pacific region.
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