Meeka MetalsASX:MEK +4.76%28 Receivables Turnover is 28.11 as of Dec. 2025. GuruFocus rates ASX:MEK with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 779 Metals & Mining companies, Meeka Metals ranks better than 77.02% 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. Meeka Metals's Revenue for the
six
months ended in Dec. 2025 was A$65.17 Mil. Meeka Metals's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$2.32 Mil.
Hence, Meeka Metals's Receivables Turnover for the
six
months ended in Dec. 2025 was 28.11.
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.
Meeka Metals Receivables Turnover Related Terms
Meeka Metals Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Meeka Metals'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:MEK vs NEM, AU: Receivables Turnover Comparison
For the Gold subindustry, Meeka Metals'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.
Meeka Metals Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Meeka Metals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Meeka Metals'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.
Meeka Metals (ASX:MEK) has a Receivables Turnover of 28.11 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 Meeka Metals and its competitors. According to the industry distribution chart, Meeka Metals ranks #179 out of 779 companies in the Metals & Mining industry, placing it in the top 23%.
Is Meeka Metals' Receivables Turnover too high?
Meeka Metals' current Receivables Turnover is 28.11. The Metals & Mining industry median Receivables Turnover is 9.37. Meeka Metals' value of 28.11 is 200% above this industry median. Based on the distribution chart, Meeka Metals ranks #179 out of 779 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Meeka Metals has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Meeka Metals' Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Meeka Metals ranks #179 out of 779 companies for Receivables Turnover. This places Meeka Metals in the top 23% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.37. Meeka Metals' value of 28.11 is 200% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.37, based on 779 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. Meeka Metals's current Receivables Turnover of 28.11 is 200% 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 Meeka Metals and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meeka Metals's current Receivables Turnover is 28.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meeka Metals stock overvalued right now?
Meeka Metals (ASX:MEK) has a current Receivables Turnover of 28.11. The current Receivables Turnover is 28.11 and 200% above the Metals & Mining industry median of 9.37. Meeka Metals' overall GF Score™ is 28/100 with 2 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 Meeka Metals (ASX:MEK), the current Receivables Turnover is 28.11 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.
Meeka Metals Ltd is a gold and rare earths company with a portfolio of high-quality 100% owned projects across Western Australia. The projects of the company include the Murchison Gold Project, Circle Valley Project, and others.
28GF Score
Get the complete analysis for ASX:MEK
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:MEK has been successfully added to your 
