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AfrimatJSE:AFT +0.88%71 Receivables Turnover is 3.30 as of Feb. 2026. GuruFocus rates JSE:AFT with a GF Score™ of 71/100 and a GF Value™ of R98.63 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 404 Building Materials companies, Afrimat ranks better than 62.62% 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. Afrimat's Revenue for the
six
months ended in Feb. 2026 was R4,679 Mil. Afrimat's average Accounts Receivable for the
six
months ended in Feb. 2026 was R1,420 Mil.
Hence, Afrimat's Receivables Turnover for the
six
months ended in Feb. 2026 was 3.30.
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.
Afrimat Receivables Turnover Related Terms
Afrimat Receivables Turnover Historical Data
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The historical data trend for Afrimat'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.
JSE:AFT vs CRH, VMC, MLM: Receivables Turnover Comparison
For the Building Materials subindustry, Afrimat'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.
Afrimat Receivables Turnover vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Afrimat's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Afrimat'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.
Afrimat (JSE:AFT) has a Receivables Turnover of 3.30 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 Afrimat and its competitors. According to the industry distribution chart, Afrimat ranks #151 out of 404 companies in the Building Materials industry, placing it in the top 37.4%.
Is Afrimat's Receivables Turnover too high?
Afrimat's current Receivables Turnover is 3.30. The Building Materials industry median Receivables Turnover is 6.36. Afrimat's value of 3.30 is 48.1% below this industry median. Based on the distribution chart, Afrimat ranks #151 out of 404 companies in the Building Materials industry, which is above the industry midpoint. Overall, Afrimat has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afrimat's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Afrimat ranks #151 out of 404 companies for Receivables Turnover. This puts Afrimat in the upper half of its industry. The industry median Receivables Turnover is 6.36. Afrimat's value of 3.30 is 48.1% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.36, based on 404 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. Afrimat's current Receivables Turnover of 3.30 is 48.1% 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 Afrimat and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afrimat's current Receivables Turnover is 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrimat stock overvalued right now?
Based on GuruFocus' analysis, Afrimat (JSE:AFT) is currently considered Significantly Undervalued. The stock's GF Value™ is R98.63, compared to a current price of R27.61 — trading 72% below its estimated fair value. The current Receivables Turnover is 3.30 and 48.1% below the Building Materials industry median of 6.36. Afrimat's overall GF Score™ is 71/100 with 6 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 Afrimat (JSE:AFT), the current Receivables Turnover is 3.30 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 Afrimat (JSE:AFT) Overvalued in 2026?
Based on GuruFocus' analysis, Afrimat stock appears to be undervalued.
The current stock price of R27.61 is trading 72% below its estimated GF Value™ of R98.63.
GuruFocus considers Afrimat to be Significantly Undervalued.
Key valuation signals for JSE:AFT:
Receivables Turnover: 3.30
GF Value™: R98.63 vs. price of R27.61 (72% below fair value)
Industry Position: 48.1% below the Building Materials median (#151 of 404)
No single metric tells the full story. See the JSE:AFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afrimat Ltd is a South Africa-based company. It has five segment Construction Materials, Industrial Minerals, Bulk Commodities, Future Materials and Metals, and Services. The company generates majority of revenue from Construction Materials comprises two distinct product segments: Aggregates and Cement. Aggregates include the sale of sand, gravel, crushed stone, and concrete-based products. Concrete-based products are produced using rock, sand, water, cement, and readymix concrete are typically used in various construction applications. The segment also includes the processing and sale of fly-ash, a by-product used to enhance concrete performance. Cement consists of the manufacturing and supply of cement. The Group views the entire southern African region as a single geographical area.
71GF Score
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