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. Vicinity Centres's Revenue for the
six
months ended in Dec. 2025 was A$674 Mil. Vicinity Centres's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$54 Mil.
Hence, Vicinity Centres's Receivables Turnover for the
six
months ended in Dec. 2025 was 12.47.
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.
Vicinity Centres Receivables Turnover Related Terms
Vicinity Centres Receivables Turnover Historical Data
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The historical data trend for Vicinity Centres'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:VCX vs SPG, O, KIM: Receivables Turnover Comparison
For the REIT - Retail subindustry, Vicinity Centres'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.
Vicinity Centres Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Vicinity Centres's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Vicinity Centres'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.
Vicinity Centres (ASX:VCX) has a Receivables Turnover of 12.47 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 Vicinity Centres and its competitors. According to the industry distribution chart, Vicinity Centres ranks #313 out of 679 companies in the REITs industry, placing it in the top 46.1%.
Is Vicinity Centres' Receivables Turnover too high?
Vicinity Centres' current Receivables Turnover is 12.47. The REITs industry median Receivables Turnover is 15.98. Vicinity Centres' value of 12.47 is 22% below this industry median. Based on the distribution chart, Vicinity Centres ranks #313 out of 679 companies in the REITs industry, which is above the industry midpoint. Overall, Vicinity Centres has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vicinity Centres' Receivables Turnover compare to SPG and O?
According to the REITs industry distribution chart, Vicinity Centres ranks #313 out of 679 companies for Receivables Turnover. This puts Vicinity Centres in the upper half of its industry. The industry median Receivables Turnover is 15.98. Vicinity Centres' value of 12.47 is 22% 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 REITs company?
The median Receivables Turnover among REITs companies is 15.98, based on 679 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. Vicinity Centres's current Receivables Turnover of 12.47 is 22% 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 Vicinity Centres and its competitors. For the REITs industry, the median Receivables Turnover is 15.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vicinity Centres's current Receivables Turnover is 12.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vicinity Centres stock overvalued right now?
Based on GuruFocus' analysis, Vicinity Centres (ASX:VCX) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.80, compared to a current price of A$2.58 — trading 43.3% above its estimated fair value. The current Receivables Turnover is 12.47 and 22% below the REITs industry median of 15.98. Vicinity Centres' overall GF Score™ is 69/100 with 9 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 Vicinity Centres (ASX:VCX), the current Receivables Turnover is 12.47 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 Vicinity Centres (ASX:VCX) Overvalued in 2026?
Based on GuruFocus' analysis, Vicinity Centres stock appears to be overvalued.
The current stock price of A$2.58 is trading 43.3% above its estimated GF Value™ of A$1.80.
GuruFocus considers Vicinity Centres to be Significantly Overvalued.
Key valuation signals for ASX:VCX:
Receivables Turnover: 12.47
GF Value™: A$1.80 vs. price of A$2.58 (43.3% above fair value)
Industry Position: 22% below the REITs median (#313 of 679)
No single metric tells the full story. See the ASX:VCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vicinity Centres operates about 50 shopping malls in Australia. They include several iconic city centers, like Queen Victoria Building, The Strand Arcade and The Galeries in Sydney, which are frequented by tourists and office workers nearby. Melbourne's Chadstone, Vicinity's crown jewel, is Australia's largest and highest turnover shopping mall. Smaller regional and neighborhood centers, to which Vicinity is consciously trimming exposure, account for around 15% of the portfolio. Vast majority of Vicinity's income is derived from rents. The group also earns small management fees for managing properties and development projects on behalf of capital partners.
69GF Score
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