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. Afric Industries's Revenue for the
six
months ended in Dec. 2025 was MAD22.63 Mil. Afric Industries's average Accounts Receivable for the
six
months ended in Dec. 2025 was MAD11.53 Mil.
Hence, Afric Industries's Receivables Turnover for the
six
months ended in Dec. 2025 was 1.96.
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.
Afric Industries Receivables Turnover Related Terms
Afric Industries Receivables Turnover Historical Data
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The historical data trend for Afric Industries'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.
CAS:AFI vs LIN, SHW, ECL: Receivables Turnover Comparison
For the Specialty Chemicals subindustry, Afric Industries'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.
Afric Industries Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Afric Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Afric Industries'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.
Afric Industries (CAS:AFI) has a Receivables Turnover of 1.96 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 Afric Industries and its competitors. According to the industry distribution chart, Afric Industries ranks #1244 out of 1578 companies in the Chemicals industry, placing it in the top 78.8%.
Is Afric Industries' Receivables Turnover too high?
Afric Industries' current Receivables Turnover is 1.96. The Chemicals industry median Receivables Turnover is 5.56. Afric Industries' value of 1.96 is 64.7% below this industry median. Based on the distribution chart, Afric Industries ranks #1244 out of 1578 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Afric Industries has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afric Industries' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Afric Industries ranks #1244 out of 1578 companies for Receivables Turnover. This places Afric Industries in the lower half of its industry. The industry median Receivables Turnover is 5.56. Afric Industries' value of 1.96 is 64.7% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.56, based on 1,578 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. Afric Industries's current Receivables Turnover of 1.96 is 64.7% 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 Afric Industries and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afric Industries's current Receivables Turnover is 1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afric Industries stock overvalued right now?
Based on GuruFocus' analysis, Afric Industries (CAS:AFI) is currently considered Fairly Valued. The stock's GF Value™ is MAD339.12, compared to a current price of MAD323.00 — trading 4.8% below its estimated fair value. The current Receivables Turnover is 1.96 and 64.7% below the Chemicals industry median of 5.56. Afric Industries' overall GF Score™ is 66/100 with 5 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 Afric Industries (CAS:AFI), the current Receivables Turnover is 1.96 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 Afric Industries (CAS:AFI) Overvalued in 2026?
Based on GuruFocus' analysis, Afric Industries stock appears to be undervalued.
The current stock price of MAD323.00 is trading 4.8% below its estimated GF Value™ of MAD339.12.
GuruFocus considers Afric Industries to be Fairly Valued.
Key valuation signals for CAS:AFI:
Receivables Turnover: 1.96
GF Value™: MAD339.12 vs. price of MAD323.00 (4.8% below fair value)
Industry Position: 64.7% below the Chemicals median (#1244 of 1578)
No single metric tells the full story. See the CAS:AFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afric Industries SA is engaged in the development, production, and marketing of abrasive products of all shapes and sizes. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.
66GF Score
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