Turners Automotive Group (ASX:TRA) Receivables Turnover: 0.62 (As of Mar. 2026)

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ASX:TRA Turners Automotive Group Ltd ASX:TRA
46 GF Score
Price A$7.03
GF Value A$3.65
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Turners Automotive Group Receivables Turnover?

Turners Automotive Group ASX:TRA 46 Receivables Turnover is 0.62 as of Mar. 2026. GuruFocus rates ASX:TRA with a GF Score™ of 46/100 and a GF Value™ of A$3.65 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Turners Automotive Group ranks worse than 97.49% 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. Turners Automotive Group's Revenue for the six months ended in Mar. 2026 was A$145.2 Mil. Turners Automotive Group's average Accounts Receivable for the six months ended in Mar. 2026 was A$233.1 Mil. Hence, Turners Automotive Group's Receivables Turnover for the six months ended in Mar. 2026 was 0.62.


Turners Automotive Group  (ASX:TRA) 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.


Turners Automotive Group Receivables Turnover Related Terms


Turners Automotive Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Turners Automotive 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.

Turners Automotive Group Receivables Turnover Chart

Turners Automotive Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.53 49.02 44.28 32.27 33.19

Turners Automotive Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.53 0.58 0.41 0.62

ASX:TRA vs CVNA, PAG, ALTB: Receivables Turnover Comparison

For the Auto & Truck Dealerships subindustry, Turners Automotive 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.


Turners Automotive Group Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Turners Automotive Group's Receivables Turnover falls into.


ASX:TRA
46GF Score
Turners Automotive Group Ltd ASX:TRA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turners Automotive Group Receivables Turnover Calculation

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

Turners Automotive Group's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=234.843 / ((7.212 + 6.938) / 2 )
=234.843 / 7.075
=33.19

Turners Automotive Group's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=145.203 / ((459.261 + 6.938) / 2 )
=145.203 / 233.0995
=0.62

* 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 0.62 mean?
Turners Automotive Group (ASX:TRA) has a Receivables Turnover of 0.62 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 Turners Automotive Group and its competitors. According to the industry distribution chart, Turners Automotive Group ranks #1282 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 97.5%.
Is Turners Automotive Group's Receivables Turnover too high?
Turners Automotive Group's current Receivables Turnover is 0.62. The Vehicles & Parts industry median Receivables Turnover is 5.98. Turners Automotive Group's value of 0.62 is 89.6% below this industry median. Based on the distribution chart, Turners Automotive Group ranks #1282 out of 1315 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Turners Automotive Group has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's Receivables Turnover compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Turners Automotive Group ranks #1282 out of 1315 companies for Receivables Turnover. This places Turners Automotive Group in the lower half of its industry. The industry median Receivables Turnover is 5.98. Turners Automotive Group's value of 0.62 is 89.6% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.98, based on 1,315 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. Turners Automotive Group's current Receivables Turnover of 0.62 is 89.6% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current Receivables Turnover is 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (ASX:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.65, compared to a current price of A$7.03 — trading 92.6% above its estimated fair value. The current Receivables Turnover is 0.62 and 89.6% below the Vehicles & Parts industry median of 5.98. Turners Automotive Group's overall GF Score™ is 46/100 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 Turners Automotive Group (ASX:TRA), the current Receivables Turnover is 0.62 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 Turners Automotive Group (ASX:TRA) Overvalued in 2026?

Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued. The current stock price of A$7.03 is trading 92.6% above its estimated GF Value™ of A$3.65. GuruFocus considers Turners Automotive Group to be Significantly Overvalued.

Key valuation signals for ASX:TRA:

  • Receivables Turnover: 0.62
  • GF Value™: A$3.65 vs. price of A$7.03 (92.6% above fair value)
  • GF Score™: 46/100 with 11 warning signs
  • Industry Position: 89.6% below the Vehicles & Parts median (#1282 of 1315)

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


Turners Automotive Group Business Description

Other Exchanges TRA:New Zealand
Address 70 Shortland Street, Level 5, PO Box 1232, Auckland, NZL, 1140
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
46GF Score

Get the complete analysis for ASX:TRA

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

A$7.03
Price
A$3.65
GF Value