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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. Delta Property Fund's Revenue for the
six
months ended in Feb. 2026 was R575 Mil. Delta Property Fund's average Accounts Receivable for the
six
months ended in Feb. 2026 was R129 Mil.
Hence, Delta Property Fund's Receivables Turnover for the
six
months ended in Feb. 2026 was 4.46.
Delta Property Fund (JSE:DLT) 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.
Delta Property Fund Receivables Turnover Related Terms
Delta Property Fund Receivables Turnover Historical Data
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The historical data trend for Delta 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.
JSE:DLT vs BXP, ARE, VNO: Receivables Turnover Comparison
For the REIT - Office subindustry, Delta 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.
Delta Property Fund Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Delta Property Fund's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Delta Property Fund'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.
Delta Property Fund (JSE:DLT) has a Receivables Turnover of 4.46 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 Delta Property Fund and its competitors. According to the industry distribution chart, Delta Property Fund ranks #432 out of 665 companies in the REITs industry, placing it in the top 65%.
Is Delta Property Fund's Receivables Turnover too high?
Delta Property Fund's current Receivables Turnover is 4.46. The REITs industry median Receivables Turnover is 15.79. Delta Property Fund's value of 4.46 is 71.8% below this industry median. Based on the distribution chart, Delta Property Fund ranks #432 out of 665 companies in the REITs industry, which is below the industry midpoint. Overall, Delta Property Fund has a GF Score™ of 18/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Property Fund's Receivables Turnover compare to BXP and ARE?
According to the REITs industry distribution chart, Delta Property Fund ranks #432 out of 665 companies for Receivables Turnover. This places Delta Property Fund in the lower half of its industry. The industry median Receivables Turnover is 15.79. Delta Property Fund's value of 4.46 is 71.8% 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 665 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. Delta Property Fund's current Receivables Turnover of 4.46 is 71.8% 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 Delta Property Fund 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. Delta Property Fund's current Receivables Turnover is 4.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Delta Property Fund (JSE:DLT) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.23, compared to a current price of R0.40 — trading 73.9% above its estimated fair value. The current Receivables Turnover is 4.46 and 71.8% below the REITs industry median of 15.79. Delta Property Fund's overall GF Score™ is 18/100 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 Delta Property Fund (JSE:DLT), the current Receivables Turnover is 4.46 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 Delta Property Fund (JSE:DLT) Overvalued in 2026?
Based on GuruFocus' analysis, Delta Property Fund stock appears to be overvalued.
The current stock price of R0.40 is trading 73.9% above its estimated GF Value™ of R0.23.
GuruFocus considers Delta Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:DLT:
Receivables Turnover: 4.46
GF Value™: R0.23 vs. price of R0.40 (73.9% above fair value)
Industry Position: 71.8% below the REITs median (#432 of 665)
No single metric tells the full story. See the JSE:DLT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Delta Property Fund Ltd engages in making long-term investments in rental-generating properties. The company comprises three segments, namely, Office-Sovereign, Office-Other, and Head Office. The firm generates its revenue mainly from the Office Sovereign segment. The portfolio of the company consists of large assets, single tenanted by the national government, provincial government, state-owned enterprises, and large blue-chip corporations under long leases.
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