EVE Health Group (ASX:EVE) Receivables Turnover: 10.00 (As of Jun. 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.

What is EVE Health Group Receivables Turnover?

EVE Health Group ASX:EVE -5.56% Receivables Turnover is 10.00 as of Jun. 2026. The stock has 4 warning signs investors should review. Among 1,956 Consumer Packaged Goods companies, EVE Health Group ranks better than 83.59% 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. EVE Health Group's Revenue for the six months ended in Jun. 2026 was A$0.52 Mil. EVE Health Group's average Accounts Receivable for the six months ended in Jun. 2026 was A$0.05 Mil. Hence, EVE Health Group's Receivables Turnover for the six months ended in Jun. 2026 was 10.00.


EVE Health Group  (ASX:EVE) 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.


EVE Health Group Receivables Turnover Related Terms


EVE Health Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for EVE Health Group'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.

EVE Health Group Receivables Turnover Chart

EVE Health Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.33 71.72 44.93 28.68 21.75

EVE Health Group Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 15.97 5.02 4.00 15.44 10.00

ASX:EVE vs KHC, GIS: Receivables Turnover Comparison

For the Packaged Foods subindustry, EVE Health Group'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.


EVE Health Group Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, EVE Health Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where EVE Health Group's Receivables Turnover falls into.



EVE Health Group Receivables Turnover Calculation

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

EVE Health Group's Receivables Turnover for the fiscal year that ended in Jun. 2026 is calculated as

Receivables Turnover (A: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2026 ) / ((Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count )
=1.153 / ((0.042 + 0.064) / 2 )
=1.153 / 0.053
=21.75

EVE Health Group'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 )
=0.52 / ((0.04 + 0.064) / 2 )
=0.52 / 0.052
=10.00

* 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 10.00 mean?
EVE Health Group (ASX:EVE) has a Receivables Turnover of 10.00 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 EVE Health Group and its competitors. According to the industry distribution chart, EVE Health Group ranks #321 out of 1956 companies in the Consumer Packaged Goods industry, placing it in the top 16.4%.
Is EVE Health Group's Receivables Turnover too high?
EVE Health Group's current Receivables Turnover is 10.00. The Consumer Packaged Goods industry median Receivables Turnover is 9.44. EVE Health Group's value of 10.00 is 5.9% above this industry median. Based on the distribution chart, EVE Health Group ranks #321 out of 1956 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers.
How does EVE Health Group's Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, EVE Health Group ranks #321 out of 1956 companies for Receivables Turnover. This places EVE Health Group in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.44. EVE Health Group's value of 10.00 is 5.9% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.44, based on 1,956 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. EVE Health Group's current Receivables Turnover of 10.00 is 5.9% 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 EVE Health Group and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EVE Health Group's current Receivables Turnover is 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EVE Health Group stock overvalued right now?
Based on GuruFocus' analysis, EVE Health Group (ASX:EVE) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.01, compared to a current price of A$0.02 — trading 70% above its estimated fair value. The current Receivables Turnover is 10.00 and 5.9% above the Consumer Packaged Goods industry median of 9.44. 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 EVE Health Group (ASX:EVE), the current Receivables Turnover is 10.00 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.

EVE Health Group Business Description

Address 245 Churchill Avenue, Suite 1, Subiaco, WA, AUS, 6008
EVE Health Group Ltd is an integrated Health, Nutrition, and Wellness investment company. The company operates in two reporting segments, namely Meluka (branded wellness consumer products) and Nextract.