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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. Open Text's Revenue for the
three
months ended in Mar. 2026 was C$1,760 Mil. Open Text's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$885 Mil.
Hence, Open Text's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.99.
Open Text (TSX:OTEX) 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.
Open Text Receivables Turnover Related Terms
Open Text Receivables Turnover Historical Data
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The historical data trend for Open Text'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:OTEX vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, Open Text'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.
Open Text Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Open Text's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Open Text'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.
Open Text (TSX:OTEX) has a Receivables Turnover of 1.99 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 Open Text and its competitors. According to the industry distribution chart, Open Text ranks #806 out of 2776 companies in the Software industry, placing it in the top 29%.
Is Open Text's Receivables Turnover too high?
Open Text's current Receivables Turnover is 1.99. The Software industry median Receivables Turnover is 5.72. Open Text's value of 1.99 is 65.2% below this industry median. Based on the distribution chart, Open Text ranks #806 out of 2776 companies in the Software industry, which is above the industry midpoint. Overall, Open Text has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Open Text's Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Open Text ranks #806 out of 2776 companies for Receivables Turnover. This puts Open Text in the upper half of its industry. The industry median Receivables Turnover is 5.72. Open Text's value of 1.99 is 65.2% 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 5.72, based on 2,776 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. Open Text's current Receivables Turnover of 1.99 is 65.2% 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 Open Text 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. Open Text's current Receivables Turnover is 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Open Text stock overvalued right now?
Based on GuruFocus' analysis, Open Text (TSX:OTEX) is currently considered Modestly Undervalued. The stock's GF Value™ is C$45.60, compared to a current price of C$32.62 — trading 28.5% below its estimated fair value. The current Receivables Turnover is 1.99 and 65.2% below the Software industry median of 5.72. Open Text's overall GF Score™ is 89/100 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 Open Text (TSX:OTEX), the current Receivables Turnover is 1.99 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 Open Text (TSX:OTEX) Overvalued in 2026?
Based on GuruFocus' analysis, Open Text stock appears to be undervalued.
The current stock price of C$32.62 is trading 28.5% below its estimated GF Value™ of C$45.60.
GuruFocus considers Open Text to be Modestly Undervalued.
Key valuation signals for TSX:OTEX:
Receivables Turnover: 1.99
GF Value™: C$45.60 vs. price of C$32.62 (28.5% below fair value)
Industry Position: 65.2% below the Software median (#806 of 2776)
No single metric tells the full story. See the TSX:OTEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.
89GF Score
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