Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Canarys Automations's Revenue for the
six
months ended in Sep. 2025 was ₹1,012 Mil. Canarys Automations's average Accounts Receivable for the
six
months ended in Sep. 2025 was ₹620 Mil.
Hence, Canarys Automations's Receivables Turnover for the
six
months ended in Sep. 2025 was 1.63.
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.
Canarys Automations Receivables Turnover Related Terms
Canarys Automations Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Canarys Automations'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.
NSE:CANARYS vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Canarys Automations'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.
Canarys Automations Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Canarys Automations's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Canarys Automations'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.
Canarys Automations (NSE:CANARYS) has a Receivables Turnover of 1.63 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 Canarys Automations and its competitors. According to the industry distribution chart, Canarys Automations ranks #2553 out of 2784 companies in the Software industry, placing it in the top 91.7%.
Is Canarys Automations' Receivables Turnover too high?
Canarys Automations' current Receivables Turnover is 1.63. The Software industry median Receivables Turnover is 5.78. Canarys Automations' value of 1.63 is 71.8% below this industry median. Based on the distribution chart, Canarys Automations ranks #2553 out of 2784 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Canarys Automations has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Canarys Automations ranks #2553 out of 2784 companies for Receivables Turnover. This places Canarys Automations in the lower half of its industry. The industry median Receivables Turnover is 5.78. Canarys Automations' value of 1.63 is 71.8% 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 5.78, based on 2,784 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. Canarys Automations's current Receivables Turnover of 1.63 is 71.8% 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 Canarys Automations and its competitors. For the Software industry, the median Receivables Turnover is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canarys Automations's current Receivables Turnover is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current Receivables Turnover of 1.63. The current Receivables Turnover is 1.63 and 71.8% below the Software industry median of 5.78. Canarys Automations' overall GF Score™ is 20/100 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 Canarys Automations (NSE:CANARYS), the current Receivables Turnover is 1.63 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.
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
20GF Score
Get the complete analysis for NSE:CANARYS
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CANARYS has been successfully added to your 
