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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. Mirvac Group's Revenue for the
six
months ended in Dec. 2025 was A$1,301 Mil. Mirvac Group's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$204 Mil.
Hence, Mirvac Group's Receivables Turnover for the
six
months ended in Dec. 2025 was 6.39.
Mirvac Group (ASX:MGR) 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.
Mirvac Group Receivables Turnover Related Terms
Mirvac Group Receivables Turnover Historical Data
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The historical data trend for Mirvac 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.
ASX:MGR vs VICI, WPC, BNL: Receivables Turnover Comparison
For the REIT - Diversified subindustry, Mirvac 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.
Mirvac Group Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Mirvac Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mirvac Group'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.
Mirvac Group (ASX:MGR) has a Receivables Turnover of 6.39 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 Mirvac Group and its competitors. According to the industry distribution chart, Mirvac Group ranks #453 out of 676 companies in the REITs industry, placing it in the top 67%.
Is Mirvac Group's Receivables Turnover too high?
Mirvac Group's current Receivables Turnover is 6.39. The REITs industry median Receivables Turnover is 15.93. Mirvac Group's value of 6.39 is 59.9% below this industry median. Based on the distribution chart, Mirvac Group ranks #453 out of 676 companies in the REITs industry, which is below the industry midpoint. Overall, Mirvac Group has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mirvac Group's Receivables Turnover compare to VICI and WPC?
According to the REITs industry distribution chart, Mirvac Group ranks #453 out of 676 companies for Receivables Turnover. This places Mirvac Group in the lower half of its industry. The industry median Receivables Turnover is 15.93. Mirvac Group's value of 6.39 is 59.9% 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 REITs company?
The median Receivables Turnover among REITs companies is 15.93, based on 676 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. Mirvac Group's current Receivables Turnover of 6.39 is 59.9% 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 Mirvac Group and its competitors. For the REITs industry, the median Receivables Turnover is 15.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirvac Group's current Receivables Turnover is 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirvac Group stock overvalued right now?
Based on GuruFocus' analysis, Mirvac Group (ASX:MGR) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.29, compared to a current price of A$1.70 — trading 25.8% below its estimated fair value. The current Receivables Turnover is 6.39 and 59.9% below the REITs industry median of 15.93. Mirvac Group's overall GF Score™ is 70/100 with 9 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 Mirvac Group (ASX:MGR), the current Receivables Turnover is 6.39 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 Mirvac Group (ASX:MGR) Overvalued in 2026?
Based on GuruFocus' analysis, Mirvac Group stock appears to be undervalued.
The current stock price of A$1.70 is trading 25.8% below its estimated GF Value™ of A$2.29.
GuruFocus considers Mirvac Group to be Modestly Undervalued.
Key valuation signals for ASX:MGR:
Receivables Turnover: 6.39
GF Value™: A$2.29 vs. price of A$1.70 (25.8% below fair value)
Industry Position: 59.9% below the REITs median (#453 of 676)
No single metric tells the full story. See the ASX:MGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirvac started off as a residential property developer and over time expanded into property investment, funds management, and commercial property development. Investment is the major earnings driver, generating about two-thirds of group earnings. The investment portfolio, by book value, is made up of 50% office, 20% retail, 15% industrial and the rest is build-to-rent and land lease assets. Longer term, Mirvac aims to increase exposure to the industrial and living sectors and own fewer offices and retail centers. Development income is volatile and was around one-fourth of fiscal 2025 group earnings. Besides developing apartments and houses, which Mirvac is best known for, it is also involved in commercial and mixed-use precinct developments.
70GF Score
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