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. West African Resources's Revenue for the
six
months ended in Dec. 2025 was A$1,061 Mil. West African Resources's average Accounts Receivable for the
six
months ended in Dec. 2025 was A$165 Mil.
Hence, West African Resources's Receivables Turnover for the
six
months ended in Dec. 2025 was 6.43.
West African Resources (ASX:WAF) 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.
West African Resources Receivables Turnover Related Terms
West African Resources Receivables Turnover Historical Data
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The historical data trend for West African Resources'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:WAF vs NEM, AU: Receivables Turnover Comparison
For the Gold subindustry, West African Resources'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.
West African Resources Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West African Resources's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where West African Resources'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.
West African Resources (ASX:WAF) has a Receivables Turnover of 6.43 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 West African Resources and its competitors. According to the industry distribution chart, West African Resources ranks #334 out of 779 companies in the Metals & Mining industry, placing it in the top 42.9%.
Is West African Resources' Receivables Turnover too high?
West African Resources' current Receivables Turnover is 6.43. The Metals & Mining industry median Receivables Turnover is 9.37. West African Resources' value of 6.43 is 31.4% below this industry median. Based on the distribution chart, West African Resources ranks #334 out of 779 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, West African Resources has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West African Resources ranks #334 out of 779 companies for Receivables Turnover. This puts West African Resources in the upper half of its industry. The industry median Receivables Turnover is 9.37. West African Resources' value of 6.43 is 31.4% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.37, based on 779 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. West African Resources's current Receivables Turnover of 6.43 is 31.4% 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 West African Resources and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. West African Resources's current Receivables Turnover is 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (ASX:WAF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$4.50, compared to a current price of A$2.91 — trading 35.3% below its estimated fair value. The current Receivables Turnover is 6.43 and 31.4% below the Metals & Mining industry median of 9.37. West African Resources' overall GF Score™ is 97/100 with 3 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 West African Resources (ASX:WAF), the current Receivables Turnover is 6.43 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 West African Resources (ASX:WAF) Overvalued in 2026?
Based on GuruFocus' analysis, West African Resources stock appears to be undervalued.
The current stock price of A$2.91 is trading 35.3% below its estimated GF Value™ of A$4.50.
GuruFocus considers West African Resources to be Significantly Undervalued.
Key valuation signals for ASX:WAF:
Receivables Turnover: 6.43
GF Value™: A$4.50 vs. price of A$2.91 (35.3% below fair value)
Industry Position: 31.4% below the Metals & Mining median (#334 of 779)
No single metric tells the full story. See the ASX:WAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
97GF Score
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