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. Varonis Systems's Revenue for the
three
months ended in Mar. 2026 was $173.1 Mil. Varonis Systems's average Accounts Receivable for the
three
months ended in Mar. 2026 was $199.7 Mil.
Hence, Varonis Systems's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.87.
Varonis Systems (NAS:VRNS) 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.
Varonis Systems Receivables Turnover Related Terms
Varonis Systems Receivables Turnover Historical Data
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The historical data trend for Varonis Systems'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.
VRNS vs RELY, ZETA, WEX: Receivables Turnover Comparison
For the Software - Infrastructure subindustry, Varonis Systems'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.
Varonis Systems Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Varonis Systems's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Varonis Systems'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.
Varonis Systems (VRNS) has a Receivables Turnover of 0.87 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 Varonis Systems and its competitors. According to the industry distribution chart, Varonis Systems ranks #1911 out of 2771 companies in the Software industry, placing it in the top 69%.
Is Varonis Systems' Receivables Turnover too high?
Varonis Systems' current Receivables Turnover is 0.87. The Software industry median Receivables Turnover is 5.69. Varonis Systems' value of 0.87 is 84.7% below this industry median. Based on the distribution chart, Varonis Systems ranks #1911 out of 2771 companies in the Software industry, which is below the industry midpoint. Overall, Varonis Systems has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Varonis Systems' Receivables Turnover compare to RELY and ZETA?
According to the Software industry distribution chart, Varonis Systems ranks #1911 out of 2771 companies for Receivables Turnover. This places Varonis Systems in the lower half of its industry. The industry median Receivables Turnover is 5.69. Varonis Systems' value of 0.87 is 84.7% 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 5.69, based on 2,771 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. Varonis Systems's current Receivables Turnover of 0.87 is 84.7% 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 Varonis Systems and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Varonis Systems's current Receivables Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Varonis Systems stock overvalued right now?
Based on GuruFocus' analysis, Varonis Systems (VRNS) is currently considered Modestly Undervalued. The stock's GF Value™ is $54.69, compared to a current price of $44.53 — trading 18.6% below its estimated fair value. The current Receivables Turnover is 0.87 and 84.7% below the Software industry median of 5.69. Varonis Systems' overall GF Score™ is 75/100 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 Varonis Systems (VRNS), the current Receivables Turnover is 0.87 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 Varonis Systems (VRNS) Overvalued in 2026?
Based on GuruFocus' analysis, Varonis Systems stock appears to be undervalued.
The current stock price of $44.53 is trading 18.6% below its estimated GF Value™ of $54.69.
GuruFocus considers Varonis Systems to be Modestly Undervalued.
Key valuation signals for VRNS:
Receivables Turnover: 0.87
GF Value™: $54.69 vs. price of $44.53 (18.6% below fair value)
Industry Position: 84.7% below the Software median (#1911 of 2771)
No single metric tells the full story. See the VRNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varonis Systems is a cybersecurity vendor focused on data privacy and security. The firm is currently undergoing a cloud transition as it weans its on-premises customers over to its cloud products that are delivered as software-as-a-service. The New York-based firm was founded in 2005 and went public in 2014.
75GF Score
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