VIQ SolutionsVQSSF Receivables Turnover is 2.31 as of Mar. 2026. The stock has 8 warning signs investors should review. Among 2,773 Software companies, VIQ Solutions ranks better than 64.05% 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. VIQ Solutions's Revenue for the
three
months ended in Mar. 2026 was $9.77 Mil. VIQ Solutions's average Accounts Receivable for the
three
months ended in Mar. 2026 was $4.23 Mil.
Hence, VIQ Solutions's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.31.
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.
VIQ Solutions Receivables Turnover Related Terms
VIQ Solutions Receivables Turnover Historical Data
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The historical data trend for VIQ Solutions'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.
VQSSF vs UBER, SHOP, CRM: Receivables Turnover Comparison
For the Software - Application subindustry, VIQ 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.
VIQ Solutions Receivables Turnover vs Software Industry
For the Software industry and Technology sector, VIQ Solutions's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where VIQ 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.
VIQ Solutions (VQSSF) has a Receivables Turnover of 2.31 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 VIQ Solutions and its competitors. According to the industry distribution chart, VIQ Solutions ranks #997 out of 2773 companies in the Software industry, placing it in the top 36%.
Is VIQ Solutions' Receivables Turnover too high?
VIQ Solutions' current Receivables Turnover is 2.31. The Software industry median Receivables Turnover is 5.72. VIQ Solutions' value of 2.31 is 59.6% below this industry median. Based on the distribution chart, VIQ Solutions ranks #997 out of 2773 companies in the Software industry, which is above the industry midpoint.
How does VIQ Solutions' Receivables Turnover compare to UBER and SHOP?
According to the Software industry distribution chart, VIQ Solutions ranks #997 out of 2773 companies for Receivables Turnover. This puts VIQ Solutions in the upper half of its industry. The industry median Receivables Turnover is 5.72. VIQ Solutions' value of 2.31 is 59.6% 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 2,773 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. VIQ Solutions's current Receivables Turnover of 2.31 is 59.6% 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 VIQ Solutions 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. VIQ Solutions's current Receivables Turnover is 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIQ Solutions stock overvalued right now?
Based on GuruFocus' analysis, VIQ Solutions (VQSSF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.08, compared to a current price of $0.03 — trading 58% below its estimated fair value. The current Receivables Turnover is 2.31 and 59.6% below the Software industry median of 5.72. 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 VIQ Solutions (VQSSF), the current Receivables Turnover is 2.31 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.
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management. The reportable segments of the company are technology and related revenue, which develop, distribute, and license computer-based digital solutions, and the technology services, which provide recording and transcription services. It derives the majority of its revenue from Australia and also has its presence in the United States, the United Kingdom, Canada, and other countries. The firm generates the majority of its revenue from providing Technology services.
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