OCTV (Octave Intelligence) Receivables Turnover: 4.08 (As of Dec. 2024)

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OCTV Octave Intelligence PLC OCTV
19 GF Score
Price $16.32
! 1 Warning Sign
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What is Octave Intelligence Receivables Turnover?

Octave Intelligence OCTV +5.29% 19 Receivables Turnover is 4.08 as of Dec. 2024. GuruFocus rates OCTV with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,782 Software companies, Octave Intelligence ranks worse than 68.94% 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. Octave Intelligence's Revenue for the six months ended in Dec. 2024 was $1,604 Mil. Octave Intelligence's average Accounts Receivable for the six months ended in Dec. 2024 was $393 Mil. Hence, Octave Intelligence's Receivables Turnover for the six months ended in Dec. 2024 was 4.08.


Octave Intelligence  (NAS:OCTV) 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.


Octave Intelligence Receivables Turnover Related Terms


Octave Intelligence Receivables Turnover Historical Data

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The historical data trend for Octave Intelligence'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.

Octave Intelligence Receivables Turnover Chart

Octave Intelligence Annual Data
Trend Dec22 Dec23 Dec24
Receivables Turnover
0.00 3.82 4.08

Octave Intelligence Semi-Annual Data
Dec22 Dec23 Dec24
Receivables Turnover 0.00 3.82 4.08

OCTV vs SRAD, DAVE, LIF: Receivables Turnover Comparison

For the Software - Application subindustry, Octave Intelligence'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.


Octave Intelligence Receivables Turnover vs Software Industry

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

* The bar in red indicates where Octave Intelligence's Receivables Turnover falls into.


OCTV
19GF Score
Octave Intelligence PLC OCTV
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Octave Intelligence Receivables Turnover Calculation

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

Octave Intelligence's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Receivables Turnover (A: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2024 ) / ((Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count )
=1604.171 / ((403.809 + 382.096) / 2 )
=1604.171 / 392.9525
=4.08

Octave Intelligence's Receivables Turnover for the quarter that ended in Dec. 2024 is calculated as

Receivables Turnover (Q: Dec. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2024 ) / ((Accounts Receivable (Q: Dec. 2023 ) + Accounts Receivable (Q: Dec. 2024 )) / count )
=1604.171 / ((403.809 + 382.096) / 2 )
=1604.171 / 392.9525
=4.08

* 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 4.08 mean?
Octave Intelligence (OCTV) has a Receivables Turnover of 4.08 as of Dec. 2024. 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 Octave Intelligence and its competitors. According to the industry distribution chart, Octave Intelligence ranks #1918 out of 2782 companies in the Software industry, placing it in the top 68.9%.
Is Octave Intelligence's Receivables Turnover too high?
Octave Intelligence's current Receivables Turnover is 4.08. The Software industry median Receivables Turnover is 5.74. Octave Intelligence's value of 4.08 is 28.9% below this industry median. Based on the distribution chart, Octave Intelligence ranks #1918 out of 2782 companies in the Software industry, which is below the industry midpoint. Overall, Octave Intelligence has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Octave Intelligence's Receivables Turnover compare to SRAD and DAVE?
According to the Software industry distribution chart, Octave Intelligence ranks #1918 out of 2782 companies for Receivables Turnover. This places Octave Intelligence in the lower half of its industry. The industry median Receivables Turnover is 5.74. Octave Intelligence's value of 4.08 is 28.9% 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 5.74, 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. Octave Intelligence's current Receivables Turnover of 4.08 is 28.9% 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 Octave Intelligence and its competitors. For the Software industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octave Intelligence's current Receivables Turnover is 4.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Intelligence stock overvalued right now?
Octave Intelligence (OCTV) has a current Receivables Turnover of 4.08. The current Receivables Turnover is 4.08 and 28.9% below the Software industry median of 5.74. Octave Intelligence's overall GF Score™ is 19/100 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 Octave Intelligence (OCTV), the current Receivables Turnover is 4.08 as of Dec. 2024. 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.

Octave Intelligence Business Description

Address 305 Intergraph Way, Madison, AL, USA, 35758
Octave Intelligence PLC provides a suite of software solutions that help organizations design, build, operate, and protect their physical assets, people, and critical infrastructure. The company operates in a single business segment developing enterprise software used in design, construction, operations, and security. Geographically, it operates in Americas that includes the United States, and Other Americas (Canada, and Latin America); EMIA that includes Europe, Middle East, India, and Africa; and APAC that includes the Asia-Pacific region, excluding India. The company derives maximum revenue from Americas. Its products include: Octave Coda Spatial, Octave Alto Twin, Octave Coda, Octave Oncall, Octave Alto, Octave Imagine, Octave Oncall Dispatch, Octave Alto Lightspeed, and Others.
19GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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