CALZF (Polynovo) Receivables Turnover: 3.07 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CALZF Polynovo Ltd CALZF
75 GF Score
Price $0.62
GF Value $2.22
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Polynovo Receivables Turnover?

Polynovo CALZF 75 Receivables Turnover is 3.07 as of Dec. 2025. GuruFocus rates CALZF with a GF Score™ of 75/100 and a GF Value™ of $2.22 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 813 Medical Devices & Instruments companies, Polynovo ranks worse than 56.46% 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. Polynovo's Revenue for the six months ended in Dec. 2025 was $46.65 Mil. Polynovo's average Accounts Receivable for the six months ended in Dec. 2025 was $15.21 Mil. Hence, Polynovo's Receivables Turnover for the six months ended in Dec. 2025 was 3.07.


Polynovo  (OTCPK:CALZF) 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.


Polynovo Receivables Turnover Related Terms


Polynovo Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Polynovo'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.

Polynovo Receivables Turnover Chart

Polynovo Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.63 7.54 7.19 6.54 6.04

Polynovo Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.14 3.05 2.20 2.42 3.07

CALZF vs ABT, SYK, MDT: Receivables Turnover Comparison

For the Medical Devices subindustry, Polynovo'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.


Polynovo Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Polynovo's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Polynovo's Receivables Turnover falls into.


CALZF
75GF Score
Polynovo Ltd CALZF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polynovo Receivables Turnover Calculation

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

Polynovo's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=82.84 / ((12.656 + 14.79) / 2 )
=82.84 / 13.723
=6.04

Polynovo's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=46.645 / ((14.79 + 15.639) / 2 )
=46.645 / 15.2145
=3.07

* 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 3.07 mean?
Polynovo (CALZF) has a Receivables Turnover of 3.07 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 Polynovo and its competitors. According to the industry distribution chart, Polynovo ranks #459 out of 813 companies in the Medical Devices & Instruments industry, placing it in the top 56.5%.
Is Polynovo's Receivables Turnover too high?
Polynovo's current Receivables Turnover is 3.07. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. Polynovo's value of 3.07 is 44.3% below this industry median. Based on the distribution chart, Polynovo ranks #459 out of 813 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Polynovo has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polynovo's Receivables Turnover compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Polynovo ranks #459 out of 813 companies for Receivables Turnover. This places Polynovo in the lower half of its industry. The industry median Receivables Turnover is 5.51. Polynovo's value of 3.07 is 44.3% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 813 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. Polynovo's current Receivables Turnover of 3.07 is 44.3% 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 Polynovo and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polynovo's current Receivables Turnover is 3.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polynovo stock overvalued right now?
Based on GuruFocus' analysis, Polynovo (CALZF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.22, compared to a current price of $0.62 — trading 72.1% below its estimated fair value. The current Receivables Turnover is 3.07 and 44.3% below the Medical Devices & Instruments industry median of 5.51. Polynovo's overall GF Score™ is 75/100 with 4 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 Polynovo (CALZF), the current Receivables Turnover is 3.07 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 Polynovo (CALZF) Overvalued in 2026?

Based on GuruFocus' analysis, Polynovo stock appears to be undervalued. The current stock price of $0.62 is trading 72.1% below its estimated GF Value™ of $2.22. GuruFocus considers Polynovo to be Significantly Undervalued.

Key valuation signals for CALZF:

  • Receivables Turnover: 3.07
  • GF Value™: $2.22 vs. price of $0.62 (72.1% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 44.3% below the Medical Devices & Instruments median (#459 of 813)

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


Polynovo Business Description

Other Exchanges MFJ:GermanyPNV:Australia
Address 320 Lorimer Street, Unit 2, Port Melbourne, VIC, AUS, 3207
Polynovo earns most of its revenue from US sales of its NovoSorb Biodegradable Temporizing Matrix, or NovoSorb BTM. The product is a patented biodegradable synthetic scaffold to support the regeneration of the dermis when lost through surgery, trauma, burns, or other causes of tissue loss. Once the product is applied to a wound, it takes a few weeks for the dermal layer to fully integrate within the polymer scaffold before a clinician can delaminate the outer layer. A small wound would then close either naturally or with a dressing, while a larger wound would close through a split-skin graft or alternative product such as Avita's RECELL. NovoSorb BTM then slowly degrades to harmless byproducts which are fully absorbed in roughly 18 months.
75GF Score

Get the complete analysis for CALZF

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

$0.62
Price
$2.22
GF Value