Accelerate Property Fund (JSE:APF) Receivables Turnover: 3.99 (As of Sep. 2025)

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JSE:APF Accelerate Property Fund Ltd JSE:APF
32 GF Score
Price R0.50
GF Value R0.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Accelerate Property Fund Receivables Turnover?

Accelerate Property Fund JSE:APF 32 Receivables Turnover is 3.99 as of Sep. 2025. GuruFocus rates JSE:APF with a GF Score™ of 32/100 and a GF Value™ of R0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 674 REITs companies, Accelerate Property Fund ranks worse than 93.77% 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. Accelerate Property Fund's Revenue for the six months ended in Sep. 2025 was R430.0 Mil. Accelerate Property Fund's average Accounts Receivable for the six months ended in Sep. 2025 was R107.8 Mil. Hence, Accelerate Property Fund's Receivables Turnover for the six months ended in Sep. 2025 was 3.99.


Accelerate Property Fund  (JSE:APF) 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.


Accelerate Property Fund Receivables Turnover Related Terms


Accelerate Property Fund Receivables Turnover Historical Data

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The historical data trend for Accelerate Property Fund'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.

Accelerate Property Fund Receivables Turnover Chart

Accelerate Property Fund Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 2.89 2.81 4.13 6.15

Accelerate Property Fund Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.64 0.65 0.64 0.72 3.99

JSE:APF vs SPG, O, KIM: Receivables Turnover Comparison

For the REIT - Retail subindustry, Accelerate Property Fund'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.


Accelerate Property Fund Receivables Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Accelerate Property Fund's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Accelerate Property Fund's Receivables Turnover falls into.


JSE:APF
32GF Score
Accelerate Property Fund Ltd JSE:APF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Accelerate Property Fund Receivables Turnover Calculation

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

Accelerate Property Fund's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=760.156 / ((176.263 + 70.978) / 2 )
=760.156 / 123.6205
=6.15

Accelerate Property Fund's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=430.047 / ((70.978 + 144.72) / 2 )
=430.047 / 107.849
=3.99

* 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 3.99 mean?
Accelerate Property Fund (JSE:APF) has a Receivables Turnover of 3.99 as of Sep. 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 Accelerate Property Fund and its competitors. According to the industry distribution chart, Accelerate Property Fund ranks #632 out of 674 companies in the REITs industry, placing it in the top 93.8%.
Is Accelerate Property Fund's Receivables Turnover too high?
Accelerate Property Fund's current Receivables Turnover is 3.99. The REITs industry median Receivables Turnover is 15.93. Accelerate Property Fund's value of 3.99 is 74.9% below this industry median. Based on the distribution chart, Accelerate Property Fund ranks #632 out of 674 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Accelerate Property Fund has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's Receivables Turnover compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #632 out of 674 companies for Receivables Turnover. This places Accelerate Property Fund in the lower half of its industry. The industry median Receivables Turnover is 15.93. Accelerate Property Fund's value of 3.99 is 74.9% 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 REITs company?
The median Receivables Turnover among REITs companies is 15.93, based on 674 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. Accelerate Property Fund's current Receivables Turnover of 3.99 is 74.9% 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 Accelerate Property Fund and its competitors. For the REITs industry, the median Receivables Turnover is 15.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current Receivables Turnover is 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Accelerate Property Fund (JSE:APF) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.36, compared to a current price of R0.50 — trading 38.9% above its estimated fair value. The current Receivables Turnover is 3.99 and 74.9% below the REITs industry median of 15.93. Accelerate Property Fund's overall GF Score™ is 32/100 with 5 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 Accelerate Property Fund (JSE:APF), the current Receivables Turnover is 3.99 as of Sep. 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 Accelerate Property Fund (JSE:APF) Overvalued in 2026?

Based on GuruFocus' analysis, Accelerate Property Fund stock appears to be overvalued. The current stock price of R0.50 is trading 38.9% above its estimated GF Value™ of R0.36. GuruFocus considers Accelerate Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:APF:

  • Receivables Turnover: 3.99
  • GF Value™: R0.36 vs. price of R0.50 (38.9% above fair value)
  • GF Score™: 32/100 with 5 warning signs
  • Industry Position: 74.9% below the REITs median (#632 of 674)

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


Accelerate Property Fund Business Description

Industry Real EstateREITs
Address 1st Floor, Corner Willow Avenue and Cedar Road, Cedar Square Shopping Centre, Management Office, Fourways, Johannesburg, GT, ZAF, 2055
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. Commercial segment acquires develops and leases offices. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.
32GF Score

Get the complete analysis for JSE:APF

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

R0.50
Price
R0.36
GF Value