Qualitas (ASX:QAL) Receivables Turnover: 2.49 (As of Dec. 2025)


ASX:QAL Qualitas Ltd ASX:QAL
61 GF Score
Price A$3.15
GF Value A$2.82
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Qualitas Receivables Turnover?

Qualitas ASX:QAL -0.94% 61 Receivables Turnover is 2.49 as of Dec. 2025. GuruFocus rates ASX:QAL with a GF Score™ of 61/100 and a GF Value™ of A$2.82 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 526 Asset Management companies, Qualitas ranks worse than 69.96% 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. Qualitas's Revenue for the six months ended in Dec. 2025 was A$60.8 Mil. Qualitas's average Accounts Receivable for the six months ended in Dec. 2025 was A$24.4 Mil. Hence, Qualitas's Receivables Turnover for the six months ended in Dec. 2025 was 2.49.


Qualitas  (ASX:QAL) 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.


Qualitas Receivables Turnover Related Terms


Qualitas Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Qualitas'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.

Qualitas Receivables Turnover Chart

Qualitas Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
0.00 4.99 17.97 9.54 6.61

Qualitas Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 3.63 2.53 2.16 2.58 2.49

ASX:QAL vs BLK, BX, KKR: Receivables Turnover Comparison

For the Asset Management subindustry, Qualitas'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.


Qualitas Receivables Turnover vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Qualitas's Receivables Turnover distribution charts can be found below:

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


ASX:QAL
61GF Score
Qualitas Ltd ASX:QAL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Qualitas Receivables Turnover Calculation

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

Qualitas'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 )
=114.782 / ((16.198 + 18.558) / 2 )
=114.782 / 17.378
=6.61

Qualitas'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 )
=60.774 / ((18.558 + 30.266) / 2 )
=60.774 / 24.412
=2.49

* 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 2.49 mean?
Qualitas (ASX:QAL) has a Receivables Turnover of 2.49 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 Qualitas and its competitors. According to the industry distribution chart, Qualitas ranks #368 out of 526 companies in the Asset Management industry, placing it in the top 70%.
Is Qualitas' Receivables Turnover too high?
Qualitas' current Receivables Turnover is 2.49. The Asset Management industry median Receivables Turnover is 7.97. Qualitas' value of 2.49 is 68.7% below this industry median. Based on the distribution chart, Qualitas ranks #368 out of 526 companies in the Asset Management industry, which is below the industry midpoint. Overall, Qualitas has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Qualitas' Receivables Turnover compare to BLK and BX?
According to the Asset Management industry distribution chart, Qualitas ranks #368 out of 526 companies for Receivables Turnover. This places Qualitas in the lower half of its industry. The industry median Receivables Turnover is 7.97. Qualitas' value of 2.49 is 68.7% 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 an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.97, based on 526 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. Qualitas's current Receivables Turnover of 2.49 is 68.7% 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 Qualitas and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualitas's current Receivables Turnover is 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualitas stock overvalued right now?
Based on GuruFocus' analysis, Qualitas (ASX:QAL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$2.82, compared to a current price of A$3.15 — trading 11.7% above its estimated fair value. The current Receivables Turnover is 2.49 and 68.7% below the Asset Management industry median of 7.97. Qualitas' overall GF Score™ is 61/100 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 Qualitas (ASX:QAL), the current Receivables Turnover is 2.49 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 Qualitas (ASX:QAL) Overvalued in 2026?

Based on GuruFocus' analysis, Qualitas stock appears to be overvalued. The current stock price of A$3.15 is trading 11.7% above its estimated GF Value™ of A$2.82. GuruFocus considers Qualitas to be Modestly Overvalued.

Key valuation signals for ASX:QAL:

  • Receivables Turnover: 2.49
  • GF Value™: A$2.82 vs. price of A$3.15 (11.7% above fair value)
  • GF Score™: 61/100 with 2 warning signs
  • Industry Position: 68.7% below the Asset Management median (#368 of 526)

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


Qualitas Business Description

Address 120 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Qualitas Ltd is an alternative real estate investment manager focused on private credit and equity across commercial real estate sectors. The Group has identified two operating segments Funds Management and Direct Lending. Maximum revenue is generated from its Funds Management segment which includes all of its core Funds management activities and includes Funds management fees, performance fees, and other fee income. It also includes dividends and distributions from Qualitas' Investment and Direct Lending activities. The Direct Lending segment relates to the interest income and expenses relating to activities undertaken by the company's subsidiaries.
61GF Score

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

A$3.15
Price
A$2.82
GF Value