NamSys (TSXV:CTZ) Receivables Turnover: 1.56 (As of Apr. 2026)

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TSXV:CTZ NamSys Inc TSXV:CTZ
82 GF Score
Price C$1.18
GF Value C$1.37
Valuation Modestly Undervalued
! 1 Warning Sign
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What is NamSys Receivables Turnover?

NamSys TSXV:CTZ +1.72% 82 Receivables Turnover is 1.56 as of Apr. 2026. GuruFocus rates TSXV:CTZ with a GF Score™ of 82/100 and a GF Value™ of C$1.37 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,781 Software companies, NamSys ranks better than 54.01% 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. NamSys's Revenue for the three months ended in Apr. 2026 was C$2.13 Mil. NamSys's average Accounts Receivable for the three months ended in Apr. 2026 was C$1.37 Mil. Hence, NamSys's Receivables Turnover for the three months ended in Apr. 2026 was 1.56.


NamSys  (TSXV:CTZ) 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.


NamSys Receivables Turnover Related Terms


NamSys Receivables Turnover Historical Data

* Premium members only.

The historical data trend for NamSys'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.

NamSys Receivables Turnover Chart

NamSys Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.43 7.04 5.81 6.82 7.81

NamSys 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 1.41 1.39 1.63 1.66 1.56

TSXV:CTZ vs QH, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, NamSys'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.


NamSys Receivables Turnover vs Software Industry

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

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


TSXV:CTZ
82GF Score
NamSys Inc TSXV:CTZ
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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NamSys Receivables Turnover Calculation

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

NamSys's Receivables Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Receivables Turnover (A: Oct. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Oct. 2025 ) / ((Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Oct. 2025 )) / count )
=7.892 / ((0.857 + 1.165) / 2 )
=7.892 / 1.011
=7.81

NamSys'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 )
=2.134 / ((1.408 + 1.331) / 2 )
=2.134 / 1.3695
=1.56

* 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 1.56 mean?
NamSys (TSXV:CTZ) has a Receivables Turnover of 1.56 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 NamSys and its competitors. According to the industry distribution chart, NamSys ranks #1279 out of 2781 companies in the Software industry, placing it in the top 46%.
Is NamSys' Receivables Turnover too high?
NamSys' current Receivables Turnover is 1.56. The Software industry median Receivables Turnover is 5.75. NamSys' value of 1.56 is 72.9% below this industry median. Based on the distribution chart, NamSys ranks #1279 out of 2781 companies in the Software industry, which is above the industry midpoint. Overall, NamSys has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NamSys' Receivables Turnover compare to QH and SHOP?
According to the Software industry distribution chart, NamSys ranks #1279 out of 2781 companies for Receivables Turnover. This puts NamSys in the upper half of its industry. The industry median Receivables Turnover is 5.75. NamSys' value of 1.56 is 72.9% 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 5.75, 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. NamSys's current Receivables Turnover of 1.56 is 72.9% 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 NamSys and its competitors. For the Software industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NamSys's current Receivables Turnover is 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NamSys stock overvalued right now?
Based on GuruFocus' analysis, NamSys (TSXV:CTZ) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.37, compared to a current price of C$1.18 — trading 13.9% below its estimated fair value. The current Receivables Turnover is 1.56 and 72.9% below the Software industry median of 5.75. NamSys' overall GF Score™ is 82/100 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 NamSys (TSXV:CTZ), the current Receivables Turnover is 1.56 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 NamSys (TSXV:CTZ) Overvalued in 2026?

Based on GuruFocus' analysis, NamSys stock appears to be undervalued. The current stock price of C$1.18 is trading 13.9% below its estimated GF Value™ of C$1.37. GuruFocus considers NamSys to be Modestly Undervalued.

Key valuation signals for TSXV:CTZ:

  • Receivables Turnover: 1.56
  • GF Value™: C$1.37 vs. price of C$1.18 (13.9% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 72.9% below the Software median (#1279 of 2781)

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


NamSys Business Description

Other Exchanges NMYSF:USAU9S:Germany
Address 120 Adelaide Street West, Office 112, 25th Floor, Toronto, ON, CAN, M5H 1T1
NamSys Inc offers software solutions for currency management and processing for the banking and merchant industries principally in North America. The company generates its revenue in the form of software license fees, maintenance, and professional services. The majority of the revenue is generated from the United States and the rest from Mexico, Puerto Rico, Dominican Republic, Canada and other regions.
82GF Score

Get the complete analysis for TSXV:CTZ

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

C$1.18
Price
C$1.37
GF Value