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. Tourism Holdings's Revenue for the
six
months ended in Dec. 2025 was A$412.6 Mil. Tourism Holdings's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$30.3 Mil.
Hence, Tourism Holdings's Receivables Turnover for the
six
months ended in Dec. 2025 was 13.62.
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.
Tourism Holdings Receivables Turnover Related Terms
Tourism Holdings Receivables Turnover Historical Data
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The historical data trend for Tourism Holdings'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:THL vs BC, PII, THO: Receivables Turnover Comparison
For the Recreational Vehicles subindustry, Tourism Holdings'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.
Tourism Holdings Receivables Turnover vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Tourism Holdings'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.
Tourism Holdings (ASX:THL) has a Receivables Turnover of 13.62 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 Tourism Holdings and its competitors. According to the industry distribution chart, Tourism Holdings ranks #126 out of 1318 companies in the Vehicles & Parts industry, placing it in the top 9.6%.
Is Tourism Holdings' Receivables Turnover too high?
Tourism Holdings' current Receivables Turnover is 13.62. The Vehicles & Parts industry median Receivables Turnover is 5.99. Tourism Holdings' value of 13.62 is 127.4% above this industry median. Based on the distribution chart, Tourism Holdings ranks #126 out of 1318 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Tourism Holdings has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' Receivables Turnover compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #126 out of 1318 companies for Receivables Turnover. This places Tourism Holdings in the top 10% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.99. Tourism Holdings' value of 13.62 is 127.4% above 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,318 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. Tourism Holdings's current Receivables Turnover of 13.62 is 127.4% above 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 Tourism Holdings and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current Receivables Turnover is 13.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.84, compared to a current price of A$2.38 — trading 29.3% above its estimated fair value. The current Receivables Turnover is 13.62 and 127.4% above the Vehicles & Parts industry median of 5.99. Tourism Holdings' overall GF Score™ is 74/100 with 11 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 Tourism Holdings (ASX:THL), the current Receivables Turnover is 13.62 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 Tourism Holdings (ASX:THL) Overvalued in 2026?
Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued.
The current stock price of A$2.38 is trading 29.3% above its estimated GF Value™ of A$1.84.
GuruFocus considers Tourism Holdings to be Modestly Overvalued.
Key valuation signals for ASX:THL:
Receivables Turnover: 13.62
GF Value™: A$1.84 vs. price of A$2.38 (29.3% above fair value)
Industry Position: 127.4% above the Vehicles & Parts median (#126 of 1318)
No single metric tells the full story. See the ASX:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
74GF Score
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