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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. Argosy Property's Revenue for the
six
months ended in Mar. 2026 was $46.51 Mil. Argosy Property's average Accounts Receivable for the
six
months ended in Mar. 2026 was $1.42 Mil.
Hence, Argosy Property's Receivables Turnover for the
six
months ended in Mar. 2026 was 32.74.
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.
Argosy Property Receivables Turnover Related Terms
Argosy Property Receivables Turnover Historical Data
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The historical data trend for Argosy Property'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.
IGPYF vs VICI, WPC, BNL: Receivables Turnover Comparison
For the REIT - Diversified subindustry, Argosy Property'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.
Argosy Property Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Argosy Property's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Argosy Property'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.
Argosy Property (IGPYF) has a Receivables Turnover of 32.74 as of Mar. 2026. 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 Argosy Property and its competitors. According to the industry distribution chart, Argosy Property ranks #96 out of 675 companies in the REITs industry, placing it in the top 14.2%.
Is Argosy Property's Receivables Turnover too high?
Argosy Property's current Receivables Turnover is 32.74. The REITs industry median Receivables Turnover is 15.91. Argosy Property's value of 32.74 is 105.8% above this industry median. Based on the distribution chart, Argosy Property ranks #96 out of 675 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Argosy Property has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Argosy Property's Receivables Turnover compare to VICI and WPC?
According to the REITs industry distribution chart, Argosy Property ranks #96 out of 675 companies for Receivables Turnover. This places Argosy Property in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.91. Argosy Property's value of 32.74 is 105.8% 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 REITs company?
The median Receivables Turnover among REITs companies is 15.91, based on 675 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. Argosy Property's current Receivables Turnover of 32.74 is 105.8% 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 Argosy Property and its competitors. For the REITs industry, the median Receivables Turnover is 15.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argosy Property's current Receivables Turnover is 32.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argosy Property stock overvalued right now?
Argosy Property (IGPYF) has a current Receivables Turnover of 32.74. The stock's GF Value™ is $0.79, compared to a current price of $0.75 — trading 5.1% below its estimated fair value. The current Receivables Turnover is 32.74 and 105.8% above the REITs industry median of 15.91. Argosy Property's overall GF Score™ is 68/100 with 9 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 Argosy Property (IGPYF), the current Receivables Turnover is 32.74 as of Mar. 2026. 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 Argosy Property (IGPYF) Overvalued in 2026?
Based on GuruFocus' analysis, Argosy Property stock appears to be undervalued.
The current stock price of $0.75 is trading 5.1% below its estimated GF Value™ of $0.79.
Key valuation signals for IGPYF:
Receivables Turnover: 32.74
GF Value™: $0.79 vs. price of $0.75 (5.1% below fair value)
Industry Position: 105.8% above the REITs median (#96 of 675)
No single metric tells the full story. See the IGPYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argosy Property Ltd's business activity is to invest in and actively manage properties, including Industrial, Office, and Large Format Retail properties, predominantly in Auckland and New Zealand. The company's portfolio is centered on the Auckland and Wellington markets and is diversified by industrial, office, and large-format retail property segments. The company's industrial portfolio includes logistics warehouses, distribution centers, and other corporate or owner-operated businesses. Its office portfolio consists of house government departments and both local and international businesses. Its retail portfolio contains retail stores in large format, convenience centers, and entertainment venues.
68GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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