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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. AREIT Prop's Revenue for the
three
months ended in Dec. 2022 was R7.75 Mil. AREIT Prop's average Accounts Receivable for the
three
months ended in Dec. 2022 was R10.19 Mil.
Hence, AREIT Prop's Receivables Turnover for the
three
months ended in Dec. 2022 was 0.76.
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.
AREIT Prop Receivables Turnover Related Terms
AREIT Prop Receivables Turnover Historical Data
* Premium members only.
The historical data trend for AREIT Prop'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.
AREIT Prop Receivables Turnover Chart
AREIT Prop Annual Data
Trend
Dec21
Dec22
Receivables Turnover
0.00
0.00
AREIT Prop Quarterly Data
Dec21
Mar22
Jun22
Sep22
Dec22
Receivables Turnover
0.00
1.60
1.46
2.48
0.76
JSE:APO vs VICI, WPC, STOR: Receivables Turnover Comparison
For the REIT - Diversified subindustry, AREIT Prop'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.
AREIT Prop Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, AREIT Prop's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where AREIT Prop'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.
AREIT Prop (JSE:APO) has a Receivables Turnover of 0.76 as of Dec. 2022. 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 AREIT Prop and its competitors.
Is AREIT Prop's Receivables Turnover too high?
AREIT Prop's current Receivables Turnover is 0.76. The REITs industry median Receivables Turnover is 15.79. AREIT Prop's value of 0.76 is 95.2% below this industry median. Overall, AREIT Prop has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does AREIT Prop's Receivables Turnover compare to VICI and WPC?
AREIT Prop's Receivables Turnover of 0.76 can be compared against companies in the REITs industry. The industry median Receivables Turnover is 15.79. AREIT Prop's value of 0.76 is 95.2% 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 15.79, based on 667 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. AREIT Prop's current Receivables Turnover of 0.76 is 95.2% 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 AREIT Prop and its competitors. For the REITs industry, the median Receivables Turnover is 15.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AREIT Prop's current Receivables Turnover is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AREIT Prop stock overvalued right now?
AREIT Prop (JSE:APO) has a current Receivables Turnover of 0.76. The current Receivables Turnover is 0.76 and 95.2% below the REITs industry median of 15.79. AREIT Prop's overall GF Score™ is 20/100. 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 AREIT Prop (JSE:APO), the current Receivables Turnover is 0.76 as of Dec. 2022. 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.
AREIT Prop Ltd is Investing in leasehold rights to earn fixed rentals. Its reportable operating segments are Cresta Grande Hotel, Fountains Hotel, Lady Hamilton property, and Head office.
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