Carma (ASX:CMA) Receivables Turnover: 33.13 (As of Dec. 2025)

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ASX:CMA Carma Ltd ASX:CMA
9 GF Score
Price A$0.83
! 1 Warning Sign
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What is Carma Receivables Turnover?

Carma ASX:CMA -12.17% 9 Receivables Turnover is 33.13 as of Dec. 2025. GuruFocus rates ASX:CMA with a GF Score™ of 9/100. The stock has 1 warning sign investors should review. Among 1,315 Vehicles & Parts companies, Carma ranks better than 93.54% 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. Carma's Revenue for the six months ended in Dec. 2025 was A$50.94 Mil. Carma's average Accounts Receivable for the six months ended in Dec. 2025 was A$1.54 Mil. Hence, Carma's Receivables Turnover for the six months ended in Dec. 2025 was 33.13.


Carma  (ASX:CMA) 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.


Carma Receivables Turnover Related Terms


Carma Receivables Turnover Historical Data

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The historical data trend for Carma'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.

Carma Receivables Turnover Chart

Carma Annual Data
Trend Jun23 Jun24 Jun25
Receivables Turnover
0.00 0.00 51.00

Carma Semi-Annual Data
Jun23 Jun24 Jun25 Dec25
Receivables Turnover 0.00 0.00 0.00 33.13

ASX:CMA vs CVNA, PAG, ALTB: Receivables Turnover Comparison

For the Auto & Truck Dealerships subindustry, Carma'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.


Carma Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carma's Receivables Turnover distribution charts can be found below:

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


ASX:CMA
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Carma Ltd ASX:CMA
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Carma Receivables Turnover Calculation

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

Carma'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 )
=71.4 / ((0 + 1.4) / 1 )
=71.4 / 1.4
=51.00

Carma'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 )
=50.944 / ((1.4 + 1.675) / 2 )
=50.944 / 1.5375
=33.13

* 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 33.13 mean?
Carma (ASX:CMA) has a Receivables Turnover of 33.13 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 Carma and its competitors. According to the industry distribution chart, Carma ranks #85 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 6.5%.
Is Carma's Receivables Turnover too high?
Carma's current Receivables Turnover is 33.13. The Vehicles & Parts industry median Receivables Turnover is 5.99. Carma's value of 33.13 is 453.1% above this industry median. Based on the distribution chart, Carma ranks #85 out of 1315 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Carma has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Carma's Receivables Turnover compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Carma ranks #85 out of 1315 companies for Receivables Turnover. This places Carma in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Carma's value of 33.13 is 453.1% above 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Carma's current Receivables Turnover of 33.13 is 453.1% above 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 Carma and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carma's current Receivables Turnover is 33.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carma stock overvalued right now?
Carma (ASX:CMA) has a current Receivables Turnover of 33.13. The current Receivables Turnover is 33.13 and 453.1% above the Vehicles & Parts industry median of 5.99. Carma's overall GF Score™ is 9/100 with 1 warning sign 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 Carma (ASX:CMA), the current Receivables Turnover is 33.13 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.

Carma Business Description

Address 219-241 Cleveland Street, Suite 5.03, Strawberry Hills, Sydney, NSW, AUS, 2012
Carma Ltd is an online retailer of quality used cars in Australia. It offers an online platform that makes it easy to view a huge range of quality cars, compare them like-for-like, and pick and reserve a car online. The company offer fair pricing with no haggling, finance arrangements or cash payments, free delivery within Greater Sydney, and a 7-day trial period allowing customers to test the car in everyday life with the option to return it for a full refund if not satisfied.
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