HGMCF (Harmony Gold Mining Co) Receivables Turnover: 14.54 (As of Dec. 2025)

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HGMCF Harmony Gold Mining Co Ltd HGMCF
93 GF Score
Price $17.45
GF Value $20.99
Valuation Modestly Undervalued
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What is Harmony Gold Mining Co Receivables Turnover?

Harmony Gold Mining Co HGMCF 93 Receivables Turnover is 14.54 as of Dec. 2025. GuruFocus rates HGMCF with a GF Score™ of 93/100 and a GF Value™ of $20.99 (Modestly Undervalued). Among 780 Metals & Mining companies, Harmony Gold Mining Co ranks better than 74.1% 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. Harmony Gold Mining Co's Revenue for the six months ended in Dec. 2025 was $2,638 Mil. Harmony Gold Mining Co's average Accounts Receivable for the six months ended in Dec. 2025 was $181 Mil. Hence, Harmony Gold Mining Co's Receivables Turnover for the six months ended in Dec. 2025 was 14.54.


Harmony Gold Mining Co  (OTCPK:HGMCF) 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.


Harmony Gold Mining Co Receivables Turnover Related Terms


Harmony Gold Mining Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Harmony Gold Mining Co'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.

Harmony Gold Mining Co Receivables Turnover Chart

Harmony Gold Mining Co 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 58.70 50.85 43.42 43.35 38.23

Harmony Gold Mining Co 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 13.35 12.81 13.98 11.66 14.54

HGMCF vs NEM, AU, RGLD: Receivables Turnover Comparison

For the Gold subindustry, Harmony Gold Mining Co'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.


Harmony Gold Mining Co Receivables Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Harmony Gold Mining Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Harmony Gold Mining Co's Receivables Turnover falls into.


HGMCF
93GF Score
Harmony Gold Mining Co Ltd HGMCF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Harmony Gold Mining Co Receivables Turnover Calculation

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

Harmony Gold Mining Co'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 )
=4146.848 / ((77.486 + 139.452) / 2 )
=4146.848 / 108.469
=38.23

Harmony Gold Mining Co'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 )
=2637.723 / ((139.452 + 223.375) / 2 )
=2637.723 / 181.4135
=14.54

* 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 14.54 mean?
Harmony Gold Mining Co (HGMCF) has a Receivables Turnover of 14.54 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 Harmony Gold Mining Co and its competitors. According to the industry distribution chart, Harmony Gold Mining Co ranks #202 out of 780 companies in the Metals & Mining industry, placing it in the top 25.9%.
Is Harmony Gold Mining Co's Receivables Turnover too high?
Harmony Gold Mining Co's current Receivables Turnover is 14.54. The Metals & Mining industry median Receivables Turnover is 9.40. Harmony Gold Mining Co's value of 14.54 is 54.7% above this industry median. Based on the distribution chart, Harmony Gold Mining Co ranks #202 out of 780 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Harmony Gold Mining Co has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harmony Gold Mining Co's Receivables Turnover compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Harmony Gold Mining Co ranks #202 out of 780 companies for Receivables Turnover. This puts Harmony Gold Mining Co in the upper half of its industry. The industry median Receivables Turnover is 9.40. Harmony Gold Mining Co's value of 14.54 is 54.7% above 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 9.40, based on 780 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. Harmony Gold Mining Co's current Receivables Turnover of 14.54 is 54.7% above 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 Harmony Gold Mining Co and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmony Gold Mining Co's current Receivables Turnover is 14.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Gold Mining Co stock overvalued right now?
Based on GuruFocus' analysis, Harmony Gold Mining Co (HGMCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $20.99, compared to a current price of $17.45 — trading 16.9% below its estimated fair value. The current Receivables Turnover is 14.54 and 54.7% above the Metals & Mining industry median of 9.40. Harmony Gold Mining Co's overall GF Score™ is 93/100. 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 Harmony Gold Mining Co (HGMCF), the current Receivables Turnover is 14.54 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 Harmony Gold Mining Co (HGMCF) Overvalued in 2026?

Based on GuruFocus' analysis, Harmony Gold Mining Co stock appears to be undervalued. The current stock price of $17.45 is trading 16.9% below its estimated GF Value™ of $20.99. GuruFocus considers Harmony Gold Mining Co to be Modestly Undervalued.

Key valuation signals for HGMCF:

  • Receivables Turnover: 14.54
  • GF Value™: $20.99 vs. price of $17.45 (16.9% below fair value)
  • GF Score™: 93/100
  • Industry Position: 54.7% above the Metals & Mining median (#202 of 780)

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


Harmony Gold Mining Co Business Description

Address Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759
Harmony Gold Mining Co Ltd is engaged in gold mining and related activities, including exploration, extraction, and processing. The group's primary product is gold bullion, produced at operations in South Africa and Papua New Guinea. Gold byproducts include uranium and silver. Strategic projects such as the Wafi-Golpu Project in the New Guinea Mobile Belt, the Eva Copper Project in the Mt Isa Inlier, Queensland, Australia, and the MAC Copper acquisition position the company as a gold-copper producer. The company operates across South Africa, Papua New Guinea, and Australia.
93GF Score

Get the complete analysis for HGMCF

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

$17.45
Price
$20.99
GF Value