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. Eltes Co's Revenue for the
six
months ended in Feb. 2026 was 円4,839 Mil. Eltes Co's average Accounts Receivable for the
six
months ended in Feb. 2026 was 円1,300 Mil.
Hence, Eltes Co's Receivables Turnover for the
six
months ended in Feb. 2026 was 3.72.
Eltes Co (TSE:3967) 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.
Eltes Co Receivables Turnover Related Terms
Eltes Co Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Eltes Co'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.
TSE:3967 vs QH, SHOP, UBER: Receivables Turnover Comparison
For the Software - Application subindustry, Eltes 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.
Eltes Co Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Eltes Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Eltes 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.
Eltes Co (TSE:3967) has a Receivables Turnover of 3.72 as of Feb. 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 Eltes Co and its competitors. According to the industry distribution chart, Eltes Co ranks #1049 out of 2782 companies in the Software industry, placing it in the top 37.7%.
Is Eltes Co's Receivables Turnover too high?
Eltes Co's current Receivables Turnover is 3.72. The Software industry median Receivables Turnover is 5.81. Eltes Co's value of 3.72 is 36% below this industry median. Based on the distribution chart, Eltes Co ranks #1049 out of 2782 companies in the Software industry, which is above the industry midpoint. Overall, Eltes Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eltes Co's Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, Eltes Co ranks #1049 out of 2782 companies for Receivables Turnover. This puts Eltes Co in the upper half of its industry. The industry median Receivables Turnover is 5.81. Eltes Co's value of 3.72 is 36% 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 5.81, 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. Eltes Co's current Receivables Turnover of 3.72 is 36% 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 Eltes Co and its competitors. For the Software industry, the median Receivables Turnover is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eltes Co's current Receivables Turnover is 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eltes Co stock overvalued right now?
Based on GuruFocus' analysis, Eltes Co (TSE:3967) is currently considered Possible Value Trap. The stock's GF Value™ is 円985.39, compared to a current price of 円599.00 — trading 39.2% below its estimated fair value. The current Receivables Turnover is 3.72 and 36% below the Software industry median of 5.81. Eltes Co's overall GF Score™ is 60/100 with 6 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 Eltes Co (TSE:3967), the current Receivables Turnover is 3.72 as of Feb. 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 Eltes Co (TSE:3967) Overvalued in 2026?
Based on GuruFocus' analysis, Eltes Co stock appears to be undervalued.
The current stock price of 円599.00 is trading 39.2% below its estimated GF Value™ of 円985.39.
GuruFocus considers Eltes Co to be Possible Value Trap.
Key valuation signals for TSE:3967:
Receivables Turnover: 3.72
GF Value™: 円985.39 vs. price of 円599.00 (39.2% below fair value)
Industry Position: 36% below the Software median (#1049 of 2782)
No single metric tells the full story. See the TSE:3967 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eltes Co Ltd provides consultation services based on digital risk technology for database risk and other large storage protection in Japan. It also offers internal fraud detection services that enable the prevention of information security breaches caused by internal factors; and a service that includes detection and diagnosis of security breaches caused by external factors.
60GF Score
Get the complete analysis for TSE:3967
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
TSE:3967 has been successfully added to your 
