Elad Software Systems (XTAE:ELAD) Receivables Turnover: 2.39 (As of Jun. 2026)

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XTAE:ELAD Elad Software Systems XTAE:ELAD
16 GF Score
Price ₪11.87
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What is Elad Software Systems Receivables Turnover?

Elad Software Systems XTAE:ELAD +2.72% 16 Receivables Turnover is 2.39 as of Jun. 2026. GuruFocus rates XTAE:ELAD with a GF Score™ of 16/100. Among 2,782 Software companies, Elad Software Systems ranks worse than 72.9% 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. Elad Software Systems's Revenue for the six months ended in Jun. 2026 was ₪285.5 Mil. Elad Software Systems's average Accounts Receivable for the six months ended in Jun. 2026 was ₪119.3 Mil. Hence, Elad Software Systems's Receivables Turnover for the six months ended in Jun. 2026 was 2.39.


Elad Software Systems  (XTAE:ELAD) 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.


Elad Software Systems Receivables Turnover Related Terms


Elad Software Systems Receivables Turnover Historical Data

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The historical data trend for Elad Software 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.

Elad Software Systems Receivables Turnover Chart

Elad Software Systems Annual Data
Trend Dec24 Dec25
Receivables Turnover
3.97 5.48

Elad Software Systems Semi-Annual Data
Jun24 Dec24 Jun25 Dec25 Jun26
Receivables Turnover 0.00 2.06 1.70 2.11 2.39

XTAE:ELAD vs CRM, SHOP, UBER: Receivables Turnover Comparison

For the Software - Application subindustry, Elad Software 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.


Elad Software Systems Receivables Turnover vs Software Industry

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

* The bar in red indicates where Elad Software Systems's Receivables Turnover falls into.


XTAE:ELAD
16GF Score
Elad Software Systems XTAE:ELAD
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Elad Software Systems Receivables Turnover Calculation

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

Elad Software Systems'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 )
=535.123 / ((122.981 + 72.384) / 2 )
=535.123 / 97.6825
=5.48

Elad Software Systems's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=285.502 / ((72.384 + 166.208) / 2 )
=285.502 / 119.296
=2.39

* 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 2.39 mean?
Elad Software Systems (XTAE:ELAD) has a Receivables Turnover of 2.39 as of Jun. 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 Elad Software Systems and its competitors. According to the industry distribution chart, Elad Software Systems ranks #2028 out of 2782 companies in the Software industry, placing it in the top 72.9%.
Is Elad Software Systems' Receivables Turnover too high?
Elad Software Systems' current Receivables Turnover is 2.39. The Software industry median Receivables Turnover is 6.05. Elad Software Systems' value of 2.39 is 60.5% below this industry median. Based on the distribution chart, Elad Software Systems ranks #2028 out of 2782 companies in the Software industry, which is below the industry midpoint. Overall, Elad Software Systems has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Elad Software Systems' Receivables Turnover compare to CRM and SHOP?
According to the Software industry distribution chart, Elad Software Systems ranks #2028 out of 2782 companies for Receivables Turnover. This places Elad Software Systems in the lower half of its industry. The industry median Receivables Turnover is 6.05. Elad Software Systems' value of 2.39 is 60.5% 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 6.05, based on 2,782 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. Elad Software Systems's current Receivables Turnover of 2.39 is 60.5% 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 Elad Software Systems and its competitors. For the Software industry, the median Receivables Turnover is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elad Software Systems's current Receivables Turnover is 2.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elad Software Systems stock overvalued right now?
Elad Software Systems (XTAE:ELAD) has a current Receivables Turnover of 2.39. The current Receivables Turnover is 2.39 and 60.5% below the Software industry median of 6.05. Elad Software Systems' overall GF Score™ is 16/100. 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 Elad Software Systems (XTAE:ELAD), the current Receivables Turnover is 2.39 as of Jun. 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.

Elad Software Systems Business Description

Address Raul Wallenberg 18 A, building c, 6th floor, Ramat Hay'il P.O. 58175, Tel Aviv, ISR
Elad Software Systems specializes in managing and executing end-to-end projects and offers business solutions for strengthening communication with clients through three different channels: Data, CRM, and Digital. Its Data helps managers overcome complex business challenges by implementing data-based management and control tools using various technologies. Its CRM has long-term relationships with its clients and is a partner in the three multinational platforms: Salesforce, Dynamic 365, and Pega, as well as in the automation and integration company. Elad Digital is Israel's customer engagement company, helping businesses achieve its business needs and strengthen relationships with its clients by offering a range of end-to-end solutions.
16GF Score

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