IFIRMA Spolka Akcyjna (WAR:IFI) Receivables Turnover: 2.99 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:IFI IFIRMA Spolka Akcyjna WAR:IFI
96 GF Score
Price zł24.50
GF Value zł31.20
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is IFIRMA Spolka Akcyjna Receivables Turnover?

IFIRMA Spolka Akcyjna WAR:IFI -1.21% 96 Receivables Turnover is 2.99 as of Mar. 2026. GuruFocus rates WAR:IFI with a GF Score™ of 96/100 and a GF Value™ of zł31.20 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,783 Software companies, IFIRMA Spolka Akcyjna ranks better than 84.66% 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. IFIRMA Spolka Akcyjna's Revenue for the three months ended in Mar. 2026 was zł15.70 Mil. IFIRMA Spolka Akcyjna's average Accounts Receivable for the three months ended in Mar. 2026 was zł5.25 Mil. Hence, IFIRMA Spolka Akcyjna's Receivables Turnover for the three months ended in Mar. 2026 was 2.99.


IFIRMA Spolka Akcyjna  (WAR:IFI) 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.


IFIRMA Spolka Akcyjna Receivables Turnover Related Terms


IFIRMA Spolka Akcyjna Receivables Turnover Historical Data

* Premium members only.

The historical data trend for IFIRMA Spolka Akcyjna'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.

IFIRMA Spolka Akcyjna Receivables Turnover Chart

IFIRMA Spolka Akcyjna Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.43 13.60 12.58 12.23 12.28

IFIRMA Spolka Akcyjna 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 3.08 3.33 0.00 2.88 2.99

WAR:IFI vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, IFIRMA Spolka Akcyjna'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.


IFIRMA Spolka Akcyjna Receivables Turnover vs Software Industry

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

* The bar in red indicates where IFIRMA Spolka Akcyjna's Receivables Turnover falls into.


WAR:IFI
96GF Score
IFIRMA Spolka Akcyjna WAR:IFI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IFIRMA Spolka Akcyjna Receivables Turnover Calculation

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

IFIRMA Spolka Akcyjna's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=63.39 / ((5.081 + 5.247) / 2 )
=63.39 / 5.164
=12.28

IFIRMA Spolka Akcyjna'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 )
=15.698 / ((5.247 + 0) / 1 )
=15.698 / 5.247
=2.99

* 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 2.99 mean?
IFIRMA Spolka Akcyjna (WAR:IFI) has a Receivables Turnover of 2.99 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 IFIRMA Spolka Akcyjna and its competitors. According to the industry distribution chart, IFIRMA Spolka Akcyjna ranks #427 out of 2783 companies in the Software industry, placing it in the top 15.3%.
Is IFIRMA Spolka Akcyjna's Receivables Turnover too high?
IFIRMA Spolka Akcyjna's current Receivables Turnover is 2.99. The Software industry median Receivables Turnover is 5.74. IFIRMA Spolka Akcyjna's value of 2.99 is 47.9% below this industry median. Based on the distribution chart, IFIRMA Spolka Akcyjna ranks #427 out of 2783 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, IFIRMA Spolka Akcyjna has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFIRMA Spolka Akcyjna's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, IFIRMA Spolka Akcyjna ranks #427 out of 2783 companies for Receivables Turnover. This places IFIRMA Spolka Akcyjna in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.74. IFIRMA Spolka Akcyjna's value of 2.99 is 47.9% 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. IFIRMA Spolka Akcyjna's current Receivables Turnover of 2.99 is 47.9% 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 IFIRMA Spolka Akcyjna 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. IFIRMA Spolka Akcyjna's current Receivables Turnover is 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFIRMA Spolka Akcyjna stock overvalued right now?
Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna (WAR:IFI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł31.20, compared to a current price of zł24.50 — trading 21.5% below its estimated fair value. The current Receivables Turnover is 2.99 and 47.9% below the Software industry median of 5.74. IFIRMA Spolka Akcyjna's overall GF Score™ is 96/100 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 IFIRMA Spolka Akcyjna (WAR:IFI), the current Receivables Turnover is 2.99 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 IFIRMA Spolka Akcyjna (WAR:IFI) Overvalued in 2026?

Based on GuruFocus' analysis, IFIRMA Spolka Akcyjna stock appears to be undervalued. The current stock price of zł24.50 is trading 21.5% below its estimated GF Value™ of zł31.20. GuruFocus considers IFIRMA Spolka Akcyjna to be Modestly Undervalued.

Key valuation signals for WAR:IFI:

  • Receivables Turnover: 2.99
  • GF Value™: zł31.20 vs. price of zł24.50 (21.5% below fair value)
  • GF Score™: 96/100 with 3 warning signs
  • Industry Position: 47.9% below the Software median (#427 of 2783)

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


IFIRMA Spolka Akcyjna Business Description

Address Grabiszynska 241 B, Wroclaw, POL, 53-234
IFIRMA Spolka Akcyjna provides services in the field of software development as well as recruitment and outsourcing of IT staff. Its services include internet accounting, accounting office, invoices application, and warehousing software. The company is working on www.firmbee.com - a project management software which manages firm's tasks, finances, supports remote team work and HR processes.
96GF Score

Get the complete analysis for WAR:IFI

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

zł24.50
Price
zł31.20
GF Value