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Lightspeed CommerceTSX:LSPD 74 Receivables Turnover is 10.42 as of Mar. 2026. GuruFocus rates TSX:LSPD with a GF Score™ of 74/100 and a GF Value™ of C$28.51 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,781 Software companies, Lightspeed Commerce ranks better than 96.44% 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. Lightspeed Commerce's Revenue for the
three
months ended in Mar. 2026 was C$399 Mil. Lightspeed Commerce's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$38 Mil.
Hence, Lightspeed Commerce's Receivables Turnover for the
three
months ended in Mar. 2026 was 10.42.
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.
Lightspeed Commerce Receivables Turnover Related Terms
Lightspeed Commerce Receivables Turnover Historical Data
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The historical data trend for Lightspeed Commerce'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.
TSX:LSPD vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, Lightspeed Commerce'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.
Lightspeed Commerce Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Lightspeed Commerce's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Lightspeed Commerce'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.
Lightspeed Commerce (TSX:LSPD) has a Receivables Turnover of 10.42 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 Lightspeed Commerce and its competitors. According to the industry distribution chart, Lightspeed Commerce ranks #99 out of 2781 companies in the Software industry, placing it in the top 3.6%.
Is Lightspeed Commerce's Receivables Turnover too high?
Lightspeed Commerce's current Receivables Turnover is 10.42. The Software industry median Receivables Turnover is 5.72. Lightspeed Commerce's value of 10.42 is 82.2% above this industry median. Based on the distribution chart, Lightspeed Commerce ranks #99 out of 2781 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Lightspeed Commerce has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lightspeed Commerce's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Lightspeed Commerce ranks #99 out of 2781 companies for Receivables Turnover. This places Lightspeed Commerce in the top 4% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.72. Lightspeed Commerce's value of 10.42 is 82.2% 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 5.72, based on 2,781 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. Lightspeed Commerce's current Receivables Turnover of 10.42 is 82.2% 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 Lightspeed Commerce and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightspeed Commerce's current Receivables Turnover is 10.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightspeed Commerce stock overvalued right now?
Based on GuruFocus' analysis, Lightspeed Commerce (TSX:LSPD) is currently considered Significantly Undervalued. The stock's GF Value™ is C$28.51, compared to a current price of C$14.55 — trading 49% below its estimated fair value. The current Receivables Turnover is 10.42 and 82.2% above the Software industry median of 5.72. Lightspeed Commerce's overall GF Score™ is 74/100 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 Lightspeed Commerce (TSX:LSPD), the current Receivables Turnover is 10.42 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 Lightspeed Commerce (TSX:LSPD) Overvalued in 2026?
Based on GuruFocus' analysis, Lightspeed Commerce stock appears to be undervalued.
The current stock price of C$14.55 is trading 49% below its estimated GF Value™ of C$28.51.
GuruFocus considers Lightspeed Commerce to be Significantly Undervalued.
Key valuation signals for TSX:LSPD:
Receivables Turnover: 10.42
GF Value™: C$28.51 vs. price of C$14.55 (49% below fair value)
Industry Position: 82.2% above the Software median (#99 of 2781)
No single metric tells the full story. See the TSX:LSPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lightspeed Commerce Inc is a one-stop commerce platform providing its customers with the critical functionalities needed to engage with consumers, manage their operations, order their inventory, accept payments, and run their business. It has customers globally in over 100 countries, empowering single- and multi-location small and medium-sized businesses to compete in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels. Its products are divided into retail, restaurant, and golf categories. Geographically, it operates in Canada, the United States, the United Kingdom, Switzerland, Germany, and Others with the majority of revenue deriving from Canada.
74GF Score
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