Tecsys (TSX:TCS) Receivables Turnover: 1.96 (As of Apr. 2026)

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TSX:TCS Tecsys Inc TSX:TCS
81 GF Score
Price C$33.50
GF Value C$40.39
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tecsys Receivables Turnover?

Tecsys TSX:TCS +1.52% 81 Receivables Turnover is 1.96 as of Apr. 2026. GuruFocus rates TSX:TCS with a GF Score™ of 81/100 and a GF Value™ of C$40.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,781 Software companies, Tecsys ranks better than 69.76% 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. Tecsys's Revenue for the three months ended in Apr. 2026 was C$50.0 Mil. Tecsys's average Accounts Receivable for the three months ended in Apr. 2026 was C$25.6 Mil. Hence, Tecsys's Receivables Turnover for the three months ended in Apr. 2026 was 1.96.


Tecsys  (TSX:TCS) 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.


Tecsys Receivables Turnover Related Terms


Tecsys Receivables Turnover Historical Data

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The historical data trend for Tecsys'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.

Tecsys Receivables Turnover Chart

Tecsys Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.12 7.65 7.61 7.67 7.38

Tecsys Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.05 2.04 2.20 2.12 1.96

TSX:TCS vs UBER, SHOP, CRM: Receivables Turnover Comparison

For the Software - Application subindustry, Tecsys'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.


Tecsys Receivables Turnover vs Software Industry

For the Software industry and Technology sector, Tecsys's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tecsys's Receivables Turnover falls into.


TSX:TCS
81GF Score
Tecsys Inc TSX:TCS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecsys Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Tecsys's Receivables Turnover for the fiscal year that ended in Apr. 2026 is calculated as

Receivables Turnover (A: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Apr. 2026 ) / ((Accounts Receivable (A: Apr. 2025 ) + Accounts Receivable (A: Apr. 2026 )) / count )
=193.142 / ((23.943 + 28.425) / 2 )
=193.142 / 26.184
=7.38

Tecsys's Receivables Turnover for the quarter that ended in Apr. 2026 is calculated as

Receivables Turnover (Q: Apr. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Apr. 2026 ) / ((Accounts Receivable (Q: Jan. 2026 ) + Accounts Receivable (Q: Apr. 2026 )) / count )
=50.045 / ((22.729 + 28.425) / 2 )
=50.045 / 25.577
=1.96

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.96 mean?
Tecsys (TSX:TCS) has a Receivables Turnover of 1.96 as of Apr. 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 Tecsys and its competitors. According to the industry distribution chart, Tecsys ranks #841 out of 2781 companies in the Software industry, placing it in the top 30.2%.
Is Tecsys' Receivables Turnover too high?
Tecsys' current Receivables Turnover is 1.96. The Software industry median Receivables Turnover is 5.72. Tecsys' value of 1.96 is 65.7% below this industry median. Based on the distribution chart, Tecsys ranks #841 out of 2781 companies in the Software industry, which is above the industry midpoint. Overall, Tecsys has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tecsys' Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, Tecsys ranks #841 out of 2781 companies for Receivables Turnover. This puts Tecsys in the upper half of its industry. The industry median Receivables Turnover is 5.72. Tecsys' value of 1.96 is 65.7% 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 2,781 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. Tecsys's current Receivables Turnover of 1.96 is 65.7% 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 Tecsys 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. Tecsys's current Receivables Turnover is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecsys stock overvalued right now?
Based on GuruFocus' analysis, Tecsys (TSX:TCS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$40.39, compared to a current price of C$33.50 — trading 17.1% below its estimated fair value. The current Receivables Turnover is 1.96 and 65.7% below the Software industry median of 5.72. Tecsys' overall GF Score™ is 81/100 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 Tecsys (TSX:TCS), the current Receivables Turnover is 1.96 as of Apr. 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 Tecsys (TSX:TCS) Overvalued in 2026?

Based on GuruFocus' analysis, Tecsys stock appears to be undervalued. The current stock price of C$33.50 is trading 17.1% below its estimated GF Value™ of C$40.39. GuruFocus considers Tecsys to be Modestly Undervalued.

Key valuation signals for TSX:TCS:

  • Receivables Turnover: 1.96
  • GF Value™: C$40.39 vs. price of C$33.50 (17.1% below fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 65.7% below the Software median (#841 of 2781)

No single metric tells the full story. See the TSX:TCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tecsys Business Description

Other Exchanges TCYSF:USA9T1:Germany
Address 1 Place Alexis Nihon, Suite 800, Montreal, QC, CAN, H3Z 3B8
Tecsys Inc is engaged in the development and sale of enterprise supply chain management software for distribution, warehousing, transportation logistics, point-of-use, and order management. It also provides related consulting, education, and support services. The company serves healthcare systems, services parts, third-party logistics, retail, and general wholesale distribution industries. Geographically, it derives a majority of its revenue from the United States and also has a presence in Canada, Europe, and other regions.
81GF Score

Get the complete analysis for TSX:TCS

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$33.50
Price
C$40.39
GF Value