Air New Zealand (ASX:AIZ) Receivables Turnover: 6.92 (As of Dec. 2025)

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.

ASX:AIZ Air New Zealand Ltd ASX:AIZ
32 GF Score
Price A$0.35
GF Value A$0.52
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Air New Zealand Receivables Turnover?

Air New Zealand ASX:AIZ 32 Receivables Turnover is 6.92 as of Dec. 2025. GuruFocus rates ASX:AIZ with a GF Score™ of 32/100 and a GF Value™ of A$0.52 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 998 Transportation companies, Air New Zealand ranks better than 75.65% 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. Air New Zealand's Revenue for the six months ended in Dec. 2025 was A$2,857 Mil. Air New Zealand's average Accounts Receivable for the six months ended in Dec. 2025 was A$413 Mil. Hence, Air New Zealand's Receivables Turnover for the six months ended in Dec. 2025 was 6.92.


Air New Zealand  (ASX:AIZ) 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.


Air New Zealand Receivables Turnover Related Terms


Air New Zealand Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Air New Zealand'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.

Air New Zealand Receivables Turnover Chart

Air New Zealand Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 10.71 17.31 15.45 16.48

Air New Zealand Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.56 7.28 6.30 7.90 6.92

ASX:AIZ vs DAL, UAL, LUV: Receivables Turnover Comparison

For the Airlines subindustry, Air New Zealand'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.


Air New Zealand Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Air New Zealand's Receivables Turnover falls into.


ASX:AIZ
32GF Score
Air New Zealand Ltd ASX:AIZ
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Air New Zealand Receivables Turnover Calculation

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

Air New Zealand's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=6261.726 / ((422.494 + 337.419) / 2 )
=6261.726 / 379.9565
=16.48

Air New Zealand's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=2856.713 / ((337.419 + 488.602) / 2 )
=2856.713 / 413.0105
=6.92

* 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 6.92 mean?
Air New Zealand (ASX:AIZ) has a Receivables Turnover of 6.92 as of Dec. 2025. 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 Air New Zealand and its competitors. According to the industry distribution chart, Air New Zealand ranks #243 out of 998 companies in the Transportation industry, placing it in the top 24.3%.
Is Air New Zealand's Receivables Turnover too high?
Air New Zealand's current Receivables Turnover is 6.92. The Transportation industry median Receivables Turnover is 7.74. Air New Zealand's value of 6.92 is 10.5% below this industry median. Based on the distribution chart, Air New Zealand ranks #243 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Air New Zealand has a GF Score™ of 32/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's Receivables Turnover compare to DAL and UAL?
According to the Transportation industry distribution chart, Air New Zealand ranks #243 out of 998 companies for Receivables Turnover. This places Air New Zealand in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.74. Air New Zealand's value of 6.92 is 10.5% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 998 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. Air New Zealand's current Receivables Turnover of 6.92 is 10.5% 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 Air New Zealand and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current Receivables Turnover is 6.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ASX:AIZ) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.52, compared to a current price of A$0.35 — trading 32.7% below its estimated fair value. The current Receivables Turnover is 6.92 and 10.5% below the Transportation industry median of 7.74. Air New Zealand's overall GF Score™ is 32/100 with 6 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 Air New Zealand (ASX:AIZ), the current Receivables Turnover is 6.92 as of Dec. 2025. 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 Air New Zealand (ASX:AIZ) Overvalued in 2026?

Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued. The current stock price of A$0.35 is trading 32.7% below its estimated GF Value™ of A$0.52. GuruFocus considers Air New Zealand to be Possible Value Trap.

Key valuation signals for ASX:AIZ:

  • Receivables Turnover: 6.92
  • GF Value™: A$0.52 vs. price of A$0.35 (32.7% below fair value)
  • GF Score™: 32/100 with 6 warning signs
  • Industry Position: 10.5% below the Transportation median (#243 of 998)

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


Air New Zealand Business Description

Address 185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
32GF Score

Get the complete analysis for ASX:AIZ

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

A$0.35
Price
A$0.52
GF Value