Close The LoopASX:CLG +7.41% Receivables Turnover is 3.15 as of Dec. 2025. The stock has 5 warning signs investors should review. Among 237 Waste Management companies, Close The Loop ranks better than 66.67% 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. Close The Loop's Revenue for the
six
months ended in Dec. 2025 was A$92.7 Mil. Close The Loop's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$29.4 Mil.
Hence, Close The Loop's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.15.
Close The Loop (ASX:CLG) 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.
Close The Loop Receivables Turnover Related Terms
Close The Loop Receivables Turnover Historical Data
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The historical data trend for Close The Loop'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.
ASX:CLG vs WM, RSG, WCN: Receivables Turnover Comparison
For the Waste Management subindustry, Close The Loop'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.
Close The Loop Receivables Turnover vs Waste Management Industry
For the Waste Management industry and Industrials sector, Close The Loop's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Close The Loop'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.
Close The Loop (ASX:CLG) has a Receivables Turnover of 3.15 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 Close The Loop and its competitors. According to the industry distribution chart, Close The Loop ranks #79 out of 237 companies in the Waste Management industry, placing it in the top 33.3%.
Is Close The Loop's Receivables Turnover too high?
Close The Loop's current Receivables Turnover is 3.15. The Waste Management industry median Receivables Turnover is 4.52. Close The Loop's value of 3.15 is 30.3% below this industry median. Based on the distribution chart, Close The Loop ranks #79 out of 237 companies in the Waste Management industry, which is above the industry midpoint.
How does Close The Loop's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Close The Loop ranks #79 out of 237 companies for Receivables Turnover. This puts Close The Loop in the upper half of its industry. The industry median Receivables Turnover is 4.52. Close The Loop's value of 3.15 is 30.3% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.52, based on 237 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. Close The Loop's current Receivables Turnover of 3.15 is 30.3% 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 Close The Loop and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Close The Loop's current Receivables Turnover is 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Close The Loop stock overvalued right now?
Based on GuruFocus' analysis, Close The Loop (ASX:CLG) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.32, compared to a current price of A$0.03 — trading 90.9% below its estimated fair value. The current Receivables Turnover is 3.15 and 30.3% below the Waste Management industry median of 4.52. 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 Close The Loop (ASX:CLG), the current Receivables Turnover is 3.15 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.
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging. The company generates key revenue from resource recovery segment.
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