THG (CHIX:THGL) Receivables Turnover: 11.73 (As of Dec. 2025)


CHIX:THGL THG PLC CHIX:THGL
38 GF Score
Price £0.31
GF Value £0.36
Valuation Modestly Undervalued
! 3 Warning Signs
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What is THG Receivables Turnover?

THG CHIX:THGL +4.44% 38 Receivables Turnover is 11.73 as of Dec. 2025. GuruFocus rates CHIX:THGL with a GF Score™ of 38/100 and a GF Value™ of £0.36 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,099 Retail - Cyclical companies, THG ranks better than 57.42% 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. THG's Revenue for the six months ended in Dec. 2025 was £934 Mil. THG's average Accounts Receivable for the six months ended in Dec. 2025 was £80 Mil. Hence, THG's Receivables Turnover for the six months ended in Dec. 2025 was 11.73.


THG  (CHIX:THGl) 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.


THG Receivables Turnover Related Terms


THG Receivables Turnover Historical Data

* Premium members only.

The historical data trend for THG'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.

THG Receivables Turnover Chart

THG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 22.71 18.93 16.48 24.61 48.06

THG Semi-Annual Data
Dec17 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 4.84 4.80 6.49 10.13 11.73

CHIX:THGL vs AMZN, BABA, PDD: Receivables Turnover Comparison

For the Internet Retail subindustry, THG'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.


THG Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, THG's Receivables Turnover distribution charts can be found below:

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


CHIX:THGL
38GF Score
THG PLC CHIX:THGL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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THG Receivables Turnover Calculation

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

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

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=1717.877 / ((33.456 + 38.03) / 2 )
=1717.877 / 35.743
=48.06

THG'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 )
=934.452 / ((121.266 + 38.03) / 2 )
=934.452 / 79.648
=11.73

* 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 11.73 mean?
THG (CHIX:THGL) has a Receivables Turnover of 11.73 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 THG and its competitors. According to the industry distribution chart, THG ranks #468 out of 1099 companies in the Retail - Cyclical industry, placing it in the top 42.6%.
Is THG's Receivables Turnover too high?
THG's current Receivables Turnover is 11.73. The Retail - Cyclical industry median Receivables Turnover is 19.39. THG's value of 11.73 is 39.5% below this industry median. Based on the distribution chart, THG ranks #468 out of 1099 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, THG has a GF Score™ of 38/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does THG's Receivables Turnover compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, THG ranks #468 out of 1099 companies for Receivables Turnover. This puts THG in the upper half of its industry. The industry median Receivables Turnover is 19.39. THG's value of 11.73 is 39.5% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.39, based on 1,099 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. THG's current Receivables Turnover of 11.73 is 39.5% 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 THG and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. THG's current Receivables Turnover is 11.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is THG stock overvalued right now?
Based on GuruFocus' analysis, THG (CHIX:THGL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.36, compared to a current price of £0.31 — trading 13.8% below its estimated fair value. The current Receivables Turnover is 11.73 and 39.5% below the Retail - Cyclical industry median of 19.39. THG's overall GF Score™ is 38/100 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 THG (CHIX:THGL), the current Receivables Turnover is 11.73 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 THG (CHIX:THGL) Overvalued in 2026?

Based on GuruFocus' analysis, THG stock appears to be undervalued. The current stock price of £0.31 is trading 13.8% below its estimated GF Value™ of £0.36. GuruFocus considers THG to be Modestly Undervalued.

Key valuation signals for CHIX:THGL:

  • Receivables Turnover: 11.73
  • GF Value™: £0.36 vs. price of £0.31 (13.8% below fair value)
  • GF Score™: 38/100 with 3 warning signs
  • Industry Position: 39.5% below the Retail - Cyclical median (#468 of 1099)

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


THG Business Description

Other Exchanges THG:UKHG0:Germany
Address Icon 1 7-9, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF
THG PLC is a UK-based retailer and brand owner headquartered in Manchester, operating as a digital-first, vertically integrated consumer group across two core businesses. The Group follows a UK D2C model and is expanding into high-growth international markets and selective physical retail. Its operations comprise two segments: THG Beauty, the segment generating maximum revenue, is a digital-first brand owner, retailer and manufacturer in prestige beauty, with own brands in skincare, haircare and cosmetics and platforms such as Lookfantastic, Dermstore and Cult Beauty, and THG Nutrition, which includes the online sports nutrition brand Myprotein along with Myvegan, Myvitamins, MP Activewear and MPRO, supported by production facilities. The Group generates maximum revenue from the UK.
38GF Score

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

£0.31
Price
£0.36
GF Value