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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. Carrier Connect Data Solutions's Revenue for the
three
months ended in Mar. 2026 was C$0.91 Mil. Carrier Connect Data Solutions's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$0.30 Mil.
Hence, Carrier Connect Data Solutions's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.05.
Carrier Connect Data Solutions (TSXV:CCDS) 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.
Carrier Connect Data Solutions Receivables Turnover Related Terms
Carrier Connect Data Solutions 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.
Carrier Connect Data Solutions Receivables Turnover Chart
TSXV:CCDS vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Carrier Connect Data Solutions'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.
Carrier Connect Data Solutions Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Carrier Connect Data Solutions's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Carrier Connect Data Solutions'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.
Carrier Connect Data Solutions (TSXV:CCDS) has a Receivables Turnover of 3.05 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 Carrier Connect Data Solutions and its competitors. According to the industry distribution chart, Carrier Connect Data Solutions ranks #418 out of 2783 companies in the Software industry, placing it in the top 15%.
Is Carrier Connect Data Solutions' Receivables Turnover too high?
Carrier Connect Data Solutions' current Receivables Turnover is 3.05. The Software industry median Receivables Turnover is 5.74. Carrier Connect Data Solutions' value of 3.05 is 46.9% below this industry median. Based on the distribution chart, Carrier Connect Data Solutions ranks #418 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Carrier Connect Data Solutions has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Carrier Connect Data Solutions' Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Carrier Connect Data Solutions ranks #418 out of 2783 companies for Receivables Turnover. This places Carrier Connect Data Solutions in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.74. Carrier Connect Data Solutions' value of 3.05 is 46.9% 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 5.74, based on 2,783 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. Carrier Connect Data Solutions's current Receivables Turnover of 3.05 is 46.9% 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 Carrier Connect Data Solutions and its competitors. For the Software industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrier Connect Data Solutions's current Receivables Turnover is 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrier Connect Data Solutions stock overvalued right now?
Carrier Connect Data Solutions (TSXV:CCDS) has a current Receivables Turnover of 3.05. The current Receivables Turnover is 3.05 and 46.9% below the Software industry median of 5.74. Carrier Connect Data Solutions' overall GF Score™ is 11/100 with 3 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 Carrier Connect Data Solutions (TSXV:CCDS), the current Receivables Turnover is 3.05 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.
Carrier Connect Data Solutions Business Description
Carrier Connect Data Solutions Inc operates a Tier II/III data center located in downtown Vancouver, British Columbia, and specializes in delivering co-location and data center solutions to service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral facility, Carrier's systems are fully independent and owned outright within its leased space. The current principal market for Carrier is the Vancouver Metropolitan Area, where it serves clients who use its facility either as their primary data center or as an ancillary site depending on their needs.
11GF Score
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