Adcorp Holdings (JSE:ADR) Receivables Turnover: 3.85 (As of Feb. 2026)

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JSE:ADR Adcorp Holdings Ltd JSE:ADR
60 GF Score
Price R6.50
GF Value R4.60
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Adcorp Holdings Receivables Turnover?

Adcorp Holdings JSE:ADR 60 Receivables Turnover is 3.85 as of Feb. 2026. GuruFocus rates JSE:ADR with a GF Score™ of 60/100 and a GF Value™ of R4.60 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,062 Business Services companies, Adcorp Holdings ranks better than 68.64% 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. Adcorp Holdings's Revenue for the six months ended in Feb. 2026 was R6,064 Mil. Adcorp Holdings's average Accounts Receivable for the six months ended in Feb. 2026 was R1,575 Mil. Hence, Adcorp Holdings's Receivables Turnover for the six months ended in Feb. 2026 was 3.85.


Adcorp Holdings  (JSE:ADR) 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.


Adcorp Holdings Receivables Turnover Related Terms


Adcorp Holdings Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Adcorp Holdings'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.

Adcorp Holdings Receivables Turnover Chart

Adcorp Holdings Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.34 9.01 9.11 8.72 8.20

Adcorp Holdings Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 4.44 4.47 4.26 4.04 3.85

JSE:ADR vs KFY, RHI, TNET: Receivables Turnover Comparison

For the Staffing & Employment Services subindustry, Adcorp Holdings'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.


Adcorp Holdings Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Adcorp Holdings's Receivables Turnover distribution charts can be found below:

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


JSE:ADR
60GF Score
Adcorp Holdings Ltd JSE:ADR
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Adcorp Holdings Receivables Turnover Calculation

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

Adcorp Holdings's Receivables Turnover for the fiscal year that ended in Feb. 2026 is calculated as

Receivables Turnover (A: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Feb. 2026 ) / ((Accounts Receivable (A: Feb. 2025 ) + Accounts Receivable (A: Feb. 2026 )) / count )
=12458.013 / ((1523.989 + 1512.834) / 2 )
=12458.013 / 1518.4115
=8.20

Adcorp Holdings's Receivables Turnover for the quarter that ended in Feb. 2026 is calculated as

Receivables Turnover (Q: Feb. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Feb. 2026 ) / ((Accounts Receivable (Q: Aug. 2025 ) + Accounts Receivable (Q: Feb. 2026 )) / count )
=6063.837 / ((1637.671 + 1512.834) / 2 )
=6063.837 / 1575.2525
=3.85

* 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 3.85 mean?
Adcorp Holdings (JSE:ADR) has a Receivables Turnover of 3.85 as of Feb. 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 Adcorp Holdings and its competitors. According to the industry distribution chart, Adcorp Holdings ranks #333 out of 1062 companies in the Business Services industry, placing it in the top 31.4%.
Is Adcorp Holdings' Receivables Turnover too high?
Adcorp Holdings' current Receivables Turnover is 3.85. The Business Services industry median Receivables Turnover is 6.22. Adcorp Holdings' value of 3.85 is 38.1% below this industry median. Based on the distribution chart, Adcorp Holdings ranks #333 out of 1062 companies in the Business Services industry, which is above the industry midpoint. Overall, Adcorp Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adcorp Holdings' Receivables Turnover compare to KFY and RHI?
According to the Business Services industry distribution chart, Adcorp Holdings ranks #333 out of 1062 companies for Receivables Turnover. This puts Adcorp Holdings in the upper half of its industry. The industry median Receivables Turnover is 6.22. Adcorp Holdings' value of 3.85 is 38.1% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.22, based on 1,062 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. Adcorp Holdings's current Receivables Turnover of 3.85 is 38.1% 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 Adcorp Holdings and its competitors. For the Business Services industry, the median Receivables Turnover is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adcorp Holdings's current Receivables Turnover is 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Adcorp Holdings (JSE:ADR) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.60, compared to a current price of R6.50 — trading 41.3% above its estimated fair value. The current Receivables Turnover is 3.85 and 38.1% below the Business Services industry median of 6.22. Adcorp Holdings' overall GF Score™ is 60/100 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 Adcorp Holdings (JSE:ADR), the current Receivables Turnover is 3.85 as of Feb. 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 Adcorp Holdings (JSE:ADR) Overvalued in 2026?

Based on GuruFocus' analysis, Adcorp Holdings stock appears to be overvalued. The current stock price of R6.50 is trading 41.3% above its estimated GF Value™ of R4.60. GuruFocus considers Adcorp Holdings to be Significantly Overvalued.

Key valuation signals for JSE:ADR:

  • Receivables Turnover: 3.85
  • GF Value™: R4.60 vs. price of R6.50 (41.3% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 38.1% below the Business Services median (#333 of 1062)

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


Adcorp Holdings Business Description

Address 102 Western Service Road, Adcorp Place, Gallo Manor Ext 6, Johannesburg, GT, ZAF, 2191
Adcorp Holdings Ltd is engaged in providing workplace solutions. The company renders services in the fields of permanent recruitment and flexible staffing sectors, professional IT services, as well as the provision of business process outsourcing, training, and financial services. Its operating segments are Contingent staffing, Professional Services, Business support. and Contingent staffing Australia. The geographical segments are South Africa and International.
60GF Score

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

R6.50
Price
R4.60
GF Value