Spark New ZealandASX:SPK -0.33%72 Receivables Turnover is 3.06 as of Dec. 2025. GuruFocus rates ASX:SPK with a GF Score™ of 72/100 and a GF Value™ of A$2.65 (Significantly Undervalued). The stock has 8 warning signs investors should review. Among 361 Telecommunication Services companies, Spark New Zealand ranks worse than 61.22% 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. Spark New Zealand's Revenue for the
six
months ended in Dec. 2025 was A$1,649 Mil. Spark New Zealand's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$538 Mil.
Hence, Spark New Zealand's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.06.
Spark New Zealand (ASX:SPK) 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.
Spark New Zealand Receivables Turnover Related Terms
Spark New Zealand Receivables Turnover Historical Data
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The historical data trend for Spark New Zealand'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:SPK vs TMUS, VZ, T: Receivables Turnover Comparison
For the Telecom Services subindustry, Spark New Zealand'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.
Spark New Zealand Receivables Turnover vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Spark New Zealand's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Spark New Zealand'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.
Spark New Zealand (ASX:SPK) has a Receivables Turnover of 3.06 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 Spark New Zealand and its competitors. According to the industry distribution chart, Spark New Zealand ranks #221 out of 361 companies in the Telecommunication Services industry, placing it in the top 61.2%.
Is Spark New Zealand's Receivables Turnover too high?
Spark New Zealand's current Receivables Turnover is 3.06. The Telecommunication Services industry median Receivables Turnover is 6.15. Spark New Zealand's value of 3.06 is 50.2% below this industry median. Based on the distribution chart, Spark New Zealand ranks #221 out of 361 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Spark New Zealand has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spark New Zealand's Receivables Turnover compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Spark New Zealand ranks #221 out of 361 companies for Receivables Turnover. This places Spark New Zealand in the lower half of its industry. The industry median Receivables Turnover is 6.15. Spark New Zealand's value of 3.06 is 50.2% 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 Telecommunication Services company?
The median Receivables Turnover among Telecommunication Services companies is 6.15, based on 361 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. Spark New Zealand's current Receivables Turnover of 3.06 is 50.2% 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 Spark New Zealand and its competitors. For the Telecommunication Services industry, the median Receivables Turnover is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark New Zealand's current Receivables Turnover is 3.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Spark New Zealand (ASX:SPK) is currently considered Significantly Undervalued. The stock's GF Value™ is A$2.65, compared to a current price of A$1.53 — trading 42.5% below its estimated fair value. The current Receivables Turnover is 3.06 and 50.2% below the Telecommunication Services industry median of 6.15. Spark New Zealand's overall GF Score™ is 72/100 with 8 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 Spark New Zealand (ASX:SPK), the current Receivables Turnover is 3.06 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 Spark New Zealand (ASX:SPK) Overvalued in 2026?
Based on GuruFocus' analysis, Spark New Zealand stock appears to be undervalued.
The current stock price of A$1.53 is trading 42.5% below its estimated GF Value™ of A$2.65.
GuruFocus considers Spark New Zealand to be Significantly Undervalued.
Key valuation signals for ASX:SPK:
Receivables Turnover: 3.06
GF Value™: A$2.65 vs. price of A$1.53 (42.5% below fair value)
Industry Position: 50.2% below the Telecommunication Services median (#221 of 361)
No single metric tells the full story. See the ASX:SPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spark is one of only three integrated telecommunications companies in New Zealand. It is the leading mobile network operator with low- to mid-40% subscriber and revenue share, and the dominant provider of fixed-line broadband services with a mid-30% subscriber share. It has a big position in the New Zealand corporate and wholesale telecommunications services provision space. Spark supplements its core telecommunications operations and related infrastructure with IT products and services across cloud, managed data and networks, procurement, data centers, and Internet of Things. Its operations are all based in New Zealand, except for its 41% interest in Southern Cross Submarine Cables, which has zero book value and to which Spark has no funding obligations.
72GF Score
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