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. Pacte Novation's Revenue for the
six
months ended in Mar. 2024 was €7.83 Mil. Pacte Novation's average Accounts Receivable for the
six
months ended in Mar. 2024 was €1.18 Mil.
Hence, Pacte Novation's Receivables Turnover for the
six
months ended in Mar. 2024 was 6.61.
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.
Pacte Novation Receivables Turnover Related Terms
Pacte Novation Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Pacte Novation'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.
For the Software - Application subindustry, Pacte Novation'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.
Pacte Novation Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Pacte Novation's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Pacte Novation'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.
Pacte Novation (STU:2IF) has a Receivables Turnover of 6.61 as of Mar. 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 Pacte Novation and its competitors.
Is Pacte Novation's Receivables Turnover too high?
Pacte Novation's current Receivables Turnover is 6.61. The Software industry median Receivables Turnover is 5.69. Pacte Novation's value of 6.61 is 16.2% above this industry median.
How does Pacte Novation's Receivables Turnover compare to ?
Pacte Novation's Receivables Turnover of 6.61 can be compared against companies in the Software industry. The industry median Receivables Turnover is 5.69. Pacte Novation's value of 6.61 is 16.2% above 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 5.69, based on 2,767 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. Pacte Novation's current Receivables Turnover of 6.61 is 16.2% above 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 Pacte Novation and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacte Novation's current Receivables Turnover is 6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacte Novation stock overvalued right now?
Pacte Novation (STU:2IF) has a current Receivables Turnover of 6.61. The current Receivables Turnover is 6.61 and 16.2% above the Software industry median of 5.69. 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 Pacte Novation (STU:2IF), the current Receivables Turnover is 6.61 as of Mar. 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.
Pacte Novation SA is a multidisciplinary software engineering service provider. The company specializes in BRMS and artificial intelligence, software engineering, railway information system, big data and data science, among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:2IF has been successfully added to your 