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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. Macquarie Group's Revenue for the
six
months ended in Mar. 2026 was A$3,315 Mil. Macquarie Group's average Accounts Receivable for the
six
months ended in Mar. 2026 was A$10,454 Mil.
Hence, Macquarie Group's Receivables Turnover for the
six
months ended in Mar. 2026 was 0.32.
Macquarie Group (ASX:MQG) 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.
Macquarie Group Receivables Turnover Related Terms
Macquarie Group Receivables Turnover Historical Data
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The historical data trend for Macquarie 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:MQG vs MS, GS, SCHW: Receivables Turnover Comparison
For the Capital Markets subindustry, Macquarie 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.
Macquarie Group Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Macquarie Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Macquarie 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.
Macquarie Group (ASX:MQG) has a Receivables Turnover of 0.32 as of Mar. 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 Macquarie Group and its competitors. According to the industry distribution chart, Macquarie Group ranks #494 out of 578 companies in the Capital Markets industry, placing it in the top 85.5%.
Is Macquarie Group's Receivables Turnover too high?
Macquarie Group's current Receivables Turnover is 0.32. The Capital Markets industry median Receivables Turnover is 6.93. Macquarie Group's value of 0.32 is 95.4% below this industry median. Based on the distribution chart, Macquarie Group ranks #494 out of 578 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Macquarie Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Macquarie Group's Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Macquarie Group ranks #494 out of 578 companies for Receivables Turnover. This places Macquarie Group in the lower half of its industry. The industry median Receivables Turnover is 6.93. Macquarie Group's value of 0.32 is 95.4% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.93, based on 578 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. Macquarie Group's current Receivables Turnover of 0.32 is 95.4% 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 Macquarie Group and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macquarie Group's current Receivables Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macquarie Group stock overvalued right now?
Based on GuruFocus' analysis, Macquarie Group (ASX:MQG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$335.90, compared to a current price of A$254.93 — trading 24.1% below its estimated fair value. The current Receivables Turnover is 0.32 and 95.4% below the Capital Markets industry median of 6.93. Macquarie Group's overall GF Score™ is 74/100 with 10 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 Macquarie Group (ASX:MQG), the current Receivables Turnover is 0.32 as of Mar. 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.
Is Macquarie Group (ASX:MQG) Overvalued in 2026?
Based on GuruFocus' analysis, Macquarie Group stock appears to be undervalued.
The current stock price of A$254.93 is trading 24.1% below its estimated GF Value™ of A$335.90.
GuruFocus considers Macquarie Group to be Modestly Undervalued.
Key valuation signals for ASX:MQG:
Receivables Turnover: 0.32
GF Value™: A$335.90 vs. price of A$254.93 (24.1% below fair value)
Industry Position: 95.4% below the Capital Markets median (#494 of 578)
No single metric tells the full story. See the ASX:MQG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macquarie Group began trading in 1969 as Hill Samuel Australia, obtained its bank licence in 1985, and listed in 1996. It's Australia's only sizable listed investment bank, now internationally diversified, operating in asset management, banking and wealth, risk and capital solutions, and advisory.
74GF Score
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