IPH (ASX:IPH) Receivables Turnover: 2.06 (As of Dec. 2025)


ASX:IPH IPH Ltd ASX:IPH
86 GF Score
Price A$3.87
GF Value A$7.14
Valuation Possible Value Trap
! 5 Warning Signs
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What is IPH Receivables Turnover?

IPH ASX:IPH +2.93% 86 Receivables Turnover is 2.06 as of Dec. 2025. GuruFocus rates ASX:IPH with a GF Score™ of 86/100 and a GF Value™ of A$7.14 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,061 Business Services companies, IPH ranks worse than 75.49% 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. IPH's Revenue for the six months ended in Dec. 2025 was A$363.9 Mil. IPH's average Accounts Receivable for the six months ended in Dec. 2025 was A$176.9 Mil. Hence, IPH's Receivables Turnover for the six months ended in Dec. 2025 was 2.06.


IPH  (ASX:IPH) 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.


IPH Receivables Turnover Related Terms


IPH Receivables Turnover Historical Data

* Premium members only.

The historical data trend for IPH'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.

IPH Receivables Turnover Chart

IPH 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 4.04 4.11 3.92 3.85 4.12

IPH 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 1.82 2.12 1.98 2.02 2.06

ASX:IPH vs CTAS, CPRT, ULS: Receivables Turnover Comparison

For the Specialty Business Services subindustry, IPH'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.


IPH Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, IPH's Receivables Turnover distribution charts can be found below:

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


ASX:IPH
86GF Score
IPH Ltd ASX:IPH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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IPH Receivables Turnover Calculation

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

IPH'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 )
=706.2 / ((163.6 + 179) / 2 )
=706.2 / 171.3
=4.12

IPH'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 )
=363.9 / ((179 + 174.7) / 2 )
=363.9 / 176.85
=2.06

* 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 2.06 mean?
IPH (ASX:IPH) has a Receivables Turnover of 2.06 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 IPH and its competitors. According to the industry distribution chart, IPH ranks #801 out of 1061 companies in the Business Services industry, placing it in the top 75.5%.
Is IPH's Receivables Turnover too high?
IPH's current Receivables Turnover is 2.06. The Business Services industry median Receivables Turnover is 6.16. IPH's value of 2.06 is 66.6% below this industry median. Based on the distribution chart, IPH ranks #801 out of 1061 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, IPH has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does IPH's Receivables Turnover compare to CTAS and CPRT?
According to the Business Services industry distribution chart, IPH ranks #801 out of 1061 companies for Receivables Turnover. This places IPH in the lower half of its industry. The industry median Receivables Turnover is 6.16. IPH's value of 2.06 is 66.6% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.16, based on 1,061 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. IPH's current Receivables Turnover of 2.06 is 66.6% 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 IPH and its competitors. For the Business Services industry, the median Receivables Turnover is 6.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPH's current Receivables Turnover is 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPH stock overvalued right now?
Based on GuruFocus' analysis, IPH (ASX:IPH) is currently considered Possible Value Trap. The stock's GF Value™ is A$7.14, compared to a current price of A$3.87 — trading 45.8% below its estimated fair value. The current Receivables Turnover is 2.06 and 66.6% below the Business Services industry median of 6.16. IPH's overall GF Score™ is 86/100 with 5 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 IPH (ASX:IPH), the current Receivables Turnover is 2.06 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 IPH (ASX:IPH) Overvalued in 2026?

Based on GuruFocus' analysis, IPH stock appears to be undervalued. The current stock price of A$3.87 is trading 45.8% below its estimated GF Value™ of A$7.14. GuruFocus considers IPH to be Possible Value Trap.

Key valuation signals for ASX:IPH:

  • Receivables Turnover: 2.06
  • GF Value™: A$7.14 vs. price of A$3.87 (45.8% below fair value)
  • GF Score™: 86/100 with 5 warning signs
  • Industry Position: 66.6% below the Business Services median (#801 of 1061)

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


IPH Business Description

Other Exchanges 1IP:Germany
Address 201 Sussex Street, Level 24, Tower 2, Darling Park, Sydney, NSW, AUS, 2000
IPH provides intellectual property services through its subsidiaries: Spruson and Ferguson, Smart & Biggar, Robic, Pizzeys, Griffith Hack, Applied Marks, and AJ Park. These services include patent filing, prosecution, enforcement, management, design, trademarks, and more. The company's diverse client base comprises multinationals, public-sector research organizations, and local businesses across industries such as healthcare, finance, engineering, and technology. Revenue streams mainly consist of professional fees (fixed) and volume-based fees (linked to the quantity of work performed). About 70% of revenue is derived from pre-existing work in the system, while 30% comes from new patent applications.
86GF Score

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

A$3.87
Price
A$7.14
GF Value