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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. Burstone Group's Revenue for the
six
months ended in Mar. 2026 was R535 Mil. Burstone Group's average Accounts Receivable for the
six
months ended in Mar. 2026 was R19 Mil.
Hence, Burstone Group's Receivables Turnover for the
six
months ended in Mar. 2026 was 28.41.
Burstone Group (JSE:BTN) 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.
Burstone Group Receivables Turnover Related Terms
Burstone Group Receivables Turnover Historical Data
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The historical data trend for Burstone Group'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:BTN vs VICI, WPC: Receivables Turnover Comparison
For the REIT - Diversified subindustry, Burstone Group'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.
Burstone Group Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Burstone Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Burstone Group'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.
Burstone Group (JSE:BTN) has a Receivables Turnover of 28.41 as of Mar. 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 Burstone Group and its competitors. According to the industry distribution chart, Burstone Group ranks #95 out of 661 companies in the REITs industry, placing it in the top 14.4%.
Is Burstone Group's Receivables Turnover too high?
Burstone Group's current Receivables Turnover is 28.41. The REITs industry median Receivables Turnover is 15.95. Burstone Group's value of 28.41 is 78.1% above this industry median. Based on the distribution chart, Burstone Group ranks #95 out of 661 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Burstone Group has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burstone Group's Receivables Turnover compare to VICI and WPC?
According to the REITs industry distribution chart, Burstone Group ranks #95 out of 661 companies for Receivables Turnover. This places Burstone Group in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.95. Burstone Group's value of 28.41 is 78.1% 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 661 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. Burstone Group's current Receivables Turnover of 28.41 is 78.1% 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 Burstone Group 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. Burstone Group's current Receivables Turnover is 28.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burstone Group stock overvalued right now?
Based on GuruFocus' analysis, Burstone Group (JSE:BTN) is currently considered Modestly Overvalued. The stock's GF Value™ is R8.70, compared to a current price of R9.68 — trading 11.3% above its estimated fair value. The current Receivables Turnover is 28.41 and 78.1% above the REITs industry median of 15.95. Burstone Group's overall GF Score™ is 65/100 with 12 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 Burstone Group (JSE:BTN), the current Receivables Turnover is 28.41 as of Mar. 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 Burstone Group (JSE:BTN) Overvalued in 2026?
Based on GuruFocus' analysis, Burstone Group stock appears to be overvalued.
The current stock price of R9.68 is trading 11.3% above its estimated GF Value™ of R8.70.
GuruFocus considers Burstone Group to be Modestly Overvalued.
Key valuation signals for JSE:BTN:
Receivables Turnover: 28.41
GF Value™: R8.70 vs. price of R9.68 (11.3% above fair value)
Industry Position: 78.1% above the REITs median (#95 of 661)
No single metric tells the full story. See the JSE:BTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Burstone Group Ltd is a real estate investment trust operating in South Africa and formed with the purpose of investing in direct real estate. The objective of the fund is to expand its asset base by investing in well-priced income-producing investment properties. The fund invests in the office, industrial, and retail property sectors and is managed and operated by Investec Property, which is a wholly-owned subsidiary of Investec. The fund is well diversified in terms of sectoral spread but mostly concentrates investments in the province of Gauteng from a geographical spread standpoint. The vast majority of the fund's revenue is derived from contracted rental fees.
65GF Score
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