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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. Afine Investments's Revenue for the
six
months ended in Feb. 2026 was R24.09 Mil. Afine Investments's average Accounts Receivable for the
six
months ended in Feb. 2026 was R0.52 Mil.
Hence, Afine Investments's Receivables Turnover for the
six
months ended in Feb. 2026 was 46.65.
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.
Afine Investments Receivables Turnover Related Terms
Afine Investments Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Afine Investments'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:ANI vs EQIX, AMT, DLR: Receivables Turnover Comparison
For the REIT - Specialty subindustry, Afine Investments'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.
Afine Investments Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Afine Investments's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Afine Investments'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.
Afine Investments (JSE:ANI) has a Receivables Turnover of 46.65 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 Afine Investments and its competitors. According to the industry distribution chart, Afine Investments ranks #108 out of 672 companies in the REITs industry, placing it in the top 16.1%.
Is Afine Investments' Receivables Turnover too high?
Afine Investments' current Receivables Turnover is 46.65. The REITs industry median Receivables Turnover is 15.95. Afine Investments' value of 46.65 is 192.6% above this industry median. Based on the distribution chart, Afine Investments ranks #108 out of 672 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Afine Investments has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Afine Investments' Receivables Turnover compare to EQIX and AMT?
According to the REITs industry distribution chart, Afine Investments ranks #108 out of 672 companies for Receivables Turnover. This places Afine Investments in the top 16% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.95. Afine Investments' value of 46.65 is 192.6% 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 15.95, based on 672 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. Afine Investments's current Receivables Turnover of 46.65 is 192.6% 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 Afine Investments and its competitors. For the REITs industry, the median Receivables Turnover is 15.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afine Investments's current Receivables Turnover is 46.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afine Investments stock overvalued right now?
Based on GuruFocus' analysis, Afine Investments (JSE:ANI) is currently considered Fairly Valued. The stock's GF Value™ is R4.96, compared to a current price of R5.00 — trading 0.8% above its estimated fair value. The current Receivables Turnover is 46.65 and 192.6% above the REITs industry median of 15.95. Afine Investments' overall GF Score™ is 65/100 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 Afine Investments (JSE:ANI), the current Receivables Turnover is 46.65 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 Afine Investments (JSE:ANI) Overvalued in 2026?
Based on GuruFocus' analysis, Afine Investments stock appears to be overvalued.
The current stock price of R5.00 is trading 0.8% above its estimated GF Value™ of R4.96.
GuruFocus considers Afine Investments to be Fairly Valued.
Key valuation signals for JSE:ANI:
Receivables Turnover: 46.65
GF Value™: R4.96 vs. price of R5.00 (0.8% above fair value)
Industry Position: 192.6% above the REITs median (#108 of 672)
No single metric tells the full story. See the JSE:ANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afine Investments Ltd is a specialized commercial real estate. It holds a portfolio of income-generating immovable properties focused mainly on the petroleum sector. geographically company operates in Gauteng and North-West, Mpumalanga, and Western Cape Segment. Out of these geographical segments, the majority of revenue is generated from Gauteng and North-West.
65GF Score
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