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. Shine Justice's Revenue for the
six
months ended in Dec. 2025 was A$108.4 Mil. Shine Justice's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$10.2 Mil.
Hence, Shine Justice's Receivables Turnover for the
six
months ended in Dec. 2025 was 10.59.
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.
Shine Justice Receivables Turnover Related Terms
Shine Justice Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Shine Justice'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:SHJ vs ROL, SCI, FTDR: Receivables Turnover Comparison
For the Personal Services subindustry, Shine Justice'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.
Shine Justice Receivables Turnover vs Personal Services Industry
For the Personal Services industry and Consumer Cyclical sector, Shine Justice's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Shine Justice'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.
Shine Justice (ASX:SHJ) has a Receivables Turnover of 10.59 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 Shine Justice and its competitors. According to the industry distribution chart, Shine Justice ranks #30 out of 90 companies in the Personal Services industry, placing it in the top 33.3%.
Is Shine Justice's Receivables Turnover too high?
Shine Justice's current Receivables Turnover is 10.59. The Personal Services industry median Receivables Turnover is 13.76. Shine Justice's value of 10.59 is 23% below this industry median. Based on the distribution chart, Shine Justice ranks #30 out of 90 companies in the Personal Services industry, which is above the industry midpoint. Overall, Shine Justice has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Justice's Receivables Turnover compare to ROL and SCI?
According to the Personal Services industry distribution chart, Shine Justice ranks #30 out of 90 companies for Receivables Turnover. This puts Shine Justice in the upper half of its industry. The industry median Receivables Turnover is 13.76. Shine Justice's value of 10.59 is 23% 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 Personal Services company?
The median Receivables Turnover among Personal Services companies is 13.76, based on 90 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. Shine Justice's current Receivables Turnover of 10.59 is 23% 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 Shine Justice and its competitors. For the Personal Services industry, the median Receivables Turnover is 13.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Justice's current Receivables Turnover is 10.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Justice stock overvalued right now?
Based on GuruFocus' analysis, Shine Justice (ASX:SHJ) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.73, compared to a current price of A$0.60 — trading 17.8% below its estimated fair value. The current Receivables Turnover is 10.59 and 23% below the Personal Services industry median of 13.76. Shine Justice's overall GF Score™ is 56/100 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 Shine Justice (ASX:SHJ), the current Receivables Turnover is 10.59 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 Shine Justice (ASX:SHJ) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Justice stock appears to be undervalued.
The current stock price of A$0.60 is trading 17.8% below its estimated GF Value™ of A$0.73.
GuruFocus considers Shine Justice to be Modestly Undervalued.
Key valuation signals for ASX:SHJ:
Receivables Turnover: 10.59
GF Value™: A$0.73 vs. price of A$0.60 (17.8% below fair value)
Industry Position: 23% below the Personal Services median (#30 of 90)
No single metric tells the full story. See the ASX:SHJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Justice Ltd offers legal services. It operates through the following business segments: Personal injury and Class Actions. The firm generates the majority of its revenue from the Personal injury segment. Its Personal injury segment includes motor vehicle accidents, workers' compensation, public liability, catastrophic injuries, and Others. Its firm includes Shine Lawyers, Sciaccas Lawyers, Stephen Browne Personal Injury Lawyers, Bradley Bayly Lawyers, and Carr & Co Divorce and Family Lawyers.
56GF Score
Get the complete analysis for ASX:SHJ
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:SHJ has been successfully added to your 
