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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. Lee & Nee Softwares (Exports)'s Revenue for the
three
months ended in Mar. 2026 was ₹37.4 Mil. Lee & Nee Softwares (Exports)'s average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹13.4 Mil.
Hence, Lee & Nee Softwares (Exports)'s Receivables Turnover for the
three
months ended in Mar. 2026 was 2.79.
Lee & Nee Softwares (Exports) (NSE:LEENEE) 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.
Lee & Nee Softwares (Exports) Receivables Turnover Related Terms
Lee & Nee Softwares (Exports) Receivables Turnover Historical Data
* 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.
Lee & Nee Softwares (Exports) Receivables Turnover Chart
For the Information Technology Services subindustry, Lee & Nee Softwares (Exports)'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.
Lee & Nee Softwares (Exports) Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Lee & Nee Softwares (Exports)'s Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Lee & Nee Softwares (Exports)'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.
Lee & Nee Softwares (Exports) (NSE:LEENEE) has a Receivables Turnover of 2.79 as of Mar. 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 Lee & Nee Softwares (Exports) and its competitors. According to the industry distribution chart, Lee & Nee Softwares (Exports) ranks #409 out of 2784 companies in the Software industry, placing it in the top 14.7%.
Is Lee & Nee Softwares (Exports)'s Receivables Turnover too high?
Lee & Nee Softwares (Exports)'s current Receivables Turnover is 2.79. The Software industry median Receivables Turnover is 5.99. Lee & Nee Softwares (Exports)'s value of 2.79 is 53.4% below this industry median. Based on the distribution chart, Lee & Nee Softwares (Exports) ranks #409 out of 2784 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Lee & Nee Softwares (Exports) has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lee & Nee Softwares (Exports)'s Receivables Turnover compare to ?
According to the Software industry distribution chart, Lee & Nee Softwares (Exports) ranks #409 out of 2784 companies for Receivables Turnover. This places Lee & Nee Softwares (Exports) in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Lee & Nee Softwares (Exports)'s value of 2.79 is 53.4% 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 5.99, 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. Lee & Nee Softwares (Exports)'s current Receivables Turnover of 2.79 is 53.4% 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 Lee & Nee Softwares (Exports) and its competitors. For the Software industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lee & Nee Softwares (Exports)'s current Receivables Turnover is 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lee & Nee Softwares (Exports) stock overvalued right now?
Based on GuruFocus' analysis, Lee & Nee Softwares (Exports) (NSE:LEENEE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹14.86, compared to a current price of ₹8.36 — trading 43.7% below its estimated fair value. The current Receivables Turnover is 2.79 and 53.4% below the Software industry median of 5.99. Lee & Nee Softwares (Exports)'s overall GF Score™ is 54/100 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 Lee & Nee Softwares (Exports) (NSE:LEENEE), the current Receivables Turnover is 2.79 as of Mar. 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 Lee & Nee Softwares (Exports) (NSE:LEENEE) Overvalued in 2026?
Based on GuruFocus' analysis, Lee & Nee Softwares (Exports) stock appears to be undervalued.
The current stock price of ₹8.36 is trading 43.7% below its estimated GF Value™ of ₹14.86.
GuruFocus considers Lee & Nee Softwares (Exports) to be Significantly Undervalued.
Key valuation signals for NSE:LEENEE:
Receivables Turnover: 2.79
GF Value™: ₹14.86 vs. price of ₹8.36 (43.7% below fair value)
Industry Position: 53.4% below the Software median (#409 of 2784)
No single metric tells the full story. See the NSE:LEENEE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lee & Nee Softwares (Exports) Ltd is engaged in Information Technology and related services. It is engaged in the business of developing, designing, manufacturing, processing, assembling, computer software and hardware products and allied products, and providing ERP solutions and services for website design and development, mobile applications development, and digital marketing. The company derives revenue from Information Technology Services and Solutions.
54GF Score
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