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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. Encourage Technologies Co's Revenue for the
six
months ended in Mar. 2026 was 円1,297 Mil. Encourage Technologies Co's average Accounts Receivable for the
six
months ended in Mar. 2026 was 円215 Mil.
Hence, Encourage Technologies Co's Receivables Turnover for the
six
months ended in Mar. 2026 was 6.05.
Encourage Technologies Co (TSE:3682) 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.
Encourage Technologies Co Receivables Turnover Related Terms
Encourage Technologies Co 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.
Encourage Technologies Co Receivables Turnover Chart
TSE:3682 vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Encourage Technologies 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.
Encourage Technologies Co Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Encourage Technologies Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Encourage Technologies Co'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.
Encourage Technologies Co (TSE:3682) has a Receivables Turnover of 6.05 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 Encourage Technologies Co and its competitors. According to the industry distribution chart, Encourage Technologies Co ranks #501 out of 2784 companies in the Software industry, placing it in the top 18%.
Is Encourage Technologies Co's Receivables Turnover too high?
Encourage Technologies Co's current Receivables Turnover is 6.05. The Software industry median Receivables Turnover is 5.78. Encourage Technologies Co's value of 6.05 is 4.8% above this industry median. Based on the distribution chart, Encourage Technologies Co ranks #501 out of 2784 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Encourage Technologies Co has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Encourage Technologies Co's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Encourage Technologies Co ranks #501 out of 2784 companies for Receivables Turnover. This places Encourage Technologies Co in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.78. Encourage Technologies Co's value of 6.05 is 4.8% 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 5.78, 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. Encourage Technologies Co's current Receivables Turnover of 6.05 is 4.8% 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 Encourage Technologies Co 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. Encourage Technologies Co's current Receivables Turnover is 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Encourage Technologies Co stock overvalued right now?
Based on GuruFocus' analysis, Encourage Technologies Co (TSE:3682) is currently considered Fairly Valued. The stock's GF Value™ is 円643.78, compared to a current price of 円594.00 — trading 7.7% below its estimated fair value. The current Receivables Turnover is 6.05 and 4.8% above the Software industry median of 5.78. Encourage Technologies Co's overall GF Score™ is 76/100 with 4 warning signs 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 Encourage Technologies Co (TSE:3682), the current Receivables Turnover is 6.05 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 Encourage Technologies Co (TSE:3682) Overvalued in 2026?
Based on GuruFocus' analysis, Encourage Technologies Co stock appears to be undervalued.
The current stock price of 円594.00 is trading 7.7% below its estimated GF Value™ of 円643.78.
GuruFocus considers Encourage Technologies Co to be Fairly Valued.
Key valuation signals for TSE:3682:
Receivables Turnover: 6.05
GF Value™: 円643.78 vs. price of 円594.00 (7.7% below fair value)
Industry Position: 4.8% above the Software median (#501 of 2784)
No single metric tells the full story. See the TSE:3682 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Encourage Technologies Co Ltd develops software that monitors and audits user activity in IT systems. The company also provides maintenance support after the installation of the software as well consulting services.
76GF Score
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