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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. Coronation Fund Managers's Revenue for the
six
months ended in Mar. 2026 was R2,088 Mil. Coronation Fund Managers's average Accounts Receivable for the
six
months ended in Mar. 2026 was R744 Mil.
Hence, Coronation Fund Managers's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.81.
Coronation Fund Managers (JSE:CML) 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.
Coronation Fund Managers Receivables Turnover Related Terms
Coronation Fund Managers Receivables Turnover Historical Data
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The historical data trend for Coronation Fund Managers'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.
Coronation Fund Managers Receivables Turnover Chart
JSE:CML vs BLK, BX, KKR: Receivables Turnover Comparison
For the Asset Management subindustry, Coronation Fund Managers'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.
Coronation Fund Managers Receivables Turnover vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Coronation Fund Managers'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.
Coronation Fund Managers (JSE:CML) has a Receivables Turnover of 2.81 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 Coronation Fund Managers and its competitors. According to the industry distribution chart, Coronation Fund Managers ranks #325 out of 528 companies in the Asset Management industry, placing it in the top 61.6%.
Is Coronation Fund Managers' Receivables Turnover too high?
Coronation Fund Managers' current Receivables Turnover is 2.81. The Asset Management industry median Receivables Turnover is 7.93. Coronation Fund Managers' value of 2.81 is 64.5% below this industry median. Based on the distribution chart, Coronation Fund Managers ranks #325 out of 528 companies in the Asset Management industry, which is below the industry midpoint. Overall, Coronation Fund Managers has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' Receivables Turnover compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #325 out of 528 companies for Receivables Turnover. This places Coronation Fund Managers in the lower half of its industry. The industry median Receivables Turnover is 7.93. Coronation Fund Managers' value of 2.81 is 64.5% 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 an Asset Management company?
The median Receivables Turnover among Asset Management companies is 7.93, based on 528 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. Coronation Fund Managers's current Receivables Turnover of 2.81 is 64.5% 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 Coronation Fund Managers and its competitors. For the Asset Management industry, the median Receivables Turnover is 7.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coronation Fund Managers's current Receivables Turnover is 2.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R41.97, compared to a current price of R40.60 — trading 3.3% below its estimated fair value. The current Receivables Turnover is 2.81 and 64.5% below the Asset Management industry median of 7.93. Coronation Fund Managers' overall GF Score™ is 74/100 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 Coronation Fund Managers (JSE:CML), the current Receivables Turnover is 2.81 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?
Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be undervalued.
The current stock price of R40.60 is trading 3.3% below its estimated GF Value™ of R41.97.
GuruFocus considers Coronation Fund Managers to be Fairly Valued.
Key valuation signals for JSE:CML:
Receivables Turnover: 2.81
GF Value™: R41.97 vs. price of R40.60 (3.3% below fair value)
Industry Position: 64.5% below the Asset Management median (#325 of 528)
No single metric tells the full story. See the JSE:CML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
74GF Score
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