VSSSF (Visionstate) Receivables Turnover: 3.38 (As of Mar. 2026)


What is Visionstate Receivables Turnover?

Visionstate VSSSF -27.59% Receivables Turnover is 3.38 as of Mar. 2026. The stock has 5 warning signs investors should review. Among 2,771 Software companies, Visionstate ranks better than 63.19% 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. Visionstate's Revenue for the three months ended in Mar. 2026 was $0.19 Mil. Visionstate's average Accounts Receivable for the three months ended in Mar. 2026 was $0.06 Mil. Hence, Visionstate's Receivables Turnover for the three months ended in Mar. 2026 was 3.38.


Visionstate  (OTCPK:VSSSF) 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.


Visionstate Receivables Turnover Related Terms


Visionstate Receivables Turnover Historical Data

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The historical data trend for Visionstate'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.

Visionstate Receivables Turnover Chart

Visionstate Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.08 11.62 12.23 36.30 32.95

Visionstate Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.40 0.82 0.25 13.00 3.38

VSSSF vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, Visionstate'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.


Visionstate Receivables Turnover vs Software Industry

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

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



Visionstate Receivables Turnover Calculation

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

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

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=0.313 / ((0.01 + 0.009) / 2 )
=0.313 / 0.0095
=32.95

Visionstate's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=0.191 / ((0.007 + 0.106) / 2 )
=0.191 / 0.0565
=3.38

* 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 3.38 mean?
Visionstate (VSSSF) has a Receivables Turnover of 3.38 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 Visionstate and its competitors. According to the industry distribution chart, Visionstate ranks #1020 out of 2771 companies in the Software industry, placing it in the top 36.8%.
Is Visionstate's Receivables Turnover too high?
Visionstate's current Receivables Turnover is 3.38. The Software industry median Receivables Turnover is 5.69. Visionstate's value of 3.38 is 40.6% below this industry median. Based on the distribution chart, Visionstate ranks #1020 out of 2771 companies in the Software industry, which is above the industry midpoint.
How does Visionstate's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Visionstate ranks #1020 out of 2771 companies for Receivables Turnover. This puts Visionstate in the upper half of its industry. The industry median Receivables Turnover is 5.69. Visionstate's value of 3.38 is 40.6% 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 5.69, 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. Visionstate's current Receivables Turnover of 3.38 is 40.6% 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 Visionstate 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. Visionstate's current Receivables Turnover is 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visionstate stock overvalued right now?
Visionstate (VSSSF) has a current Receivables Turnover of 3.38. The current Receivables Turnover is 3.38 and 40.6% below the Software industry median of 5.69. 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 Visionstate (VSSSF), the current Receivables Turnover is 3.38 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.

Visionstate Business Description

Other Exchanges VIS:Canada
Address 8634 53 Avenue, Edmonton, AB, CAN, T6E 5G2
Visionstate Corp is engaged in interactive electronic business solutions in the form of touchscreen and mobile way-finding and efficiency applications, as well as consulting, graphic and web design, and related services and support. The main focus of the Company is its Visionstate IoT Inc. division. This division is focused on building interactive smart applications into digital display networks that incorporate proprietary facility management software, bundled into a touchscreen computer with integrated computing capacity (WAnDA units) and digital efficiency products. The company is actively marketing these products to large customers such as shopping centres, hospitals, office buildings, airports, schools and other places that require efficiency applications in targeted area.