Emira Property Fund (JSE:EMI) Receivables Turnover: 9.79 (As of Mar. 2026)

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JSE:EMI Emira Property Fund Ltd JSE:EMI
60 GF Score
Price R13.05
GF Value R8.62
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Emira Property Fund Receivables Turnover?

Emira Property Fund JSE:EMI -1.36% 60 Receivables Turnover is 9.79 as of Mar. 2026. GuruFocus rates JSE:EMI with a GF Score™ of 60/100 and a GF Value™ of R8.62 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 664 REITs companies, Emira Property Fund ranks better than 62.95% 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. Emira Property Fund's Revenue for the six months ended in Mar. 2026 was R736 Mil. Emira Property Fund's average Accounts Receivable for the six months ended in Mar. 2026 was R75 Mil. Hence, Emira Property Fund's Receivables Turnover for the six months ended in Mar. 2026 was 9.79.


Emira Property Fund  (JSE:EMI) 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.


Emira Property Fund Receivables Turnover Related Terms


Emira Property Fund Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Emira 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.

Emira Property Fund Receivables Turnover Chart

Emira Property Fund Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.51 71.62 150.65 116.64 114.99

Emira Property Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 11.53 9.86 7.86 9.06 9.79

JSE:EMI vs VICI, WPC: Receivables Turnover Comparison

For the REIT - Diversified subindustry, Emira 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.


Emira Property Fund Receivables Turnover vs REITs Industry

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

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


JSE:EMI
60GF Score
Emira Property Fund Ltd JSE:EMI
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Emira Property Fund Receivables Turnover Calculation

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

Emira Property Fund's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=1459.257 / ((17.392 + 7.989) / 2 )
=1459.257 / 12.6905
=114.99

Emira Property Fund's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=735.563 / ((142.352 + 7.989) / 2 )
=735.563 / 75.1705
=9.79

* 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 9.79 mean?
Emira Property Fund (JSE:EMI) has a Receivables Turnover of 9.79 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 Emira Property Fund and its competitors. According to the industry distribution chart, Emira Property Fund ranks #246 out of 664 companies in the REITs industry, placing it in the top 37%.
Is Emira Property Fund's Receivables Turnover too high?
Emira Property Fund's current Receivables Turnover is 9.79. The REITs industry median Receivables Turnover is 15.85. Emira Property Fund's value of 9.79 is 38.2% below this industry median. Based on the distribution chart, Emira Property Fund ranks #246 out of 664 companies in the REITs industry, which is above the industry midpoint. Overall, Emira Property Fund has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emira Property Fund's Receivables Turnover compare to VICI and WPC?
According to the REITs industry distribution chart, Emira Property Fund ranks #246 out of 664 companies for Receivables Turnover. This puts Emira Property Fund in the upper half of its industry. The industry median Receivables Turnover is 15.85. Emira Property Fund's value of 9.79 is 38.2% 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 15.85, based on 664 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. Emira Property Fund's current Receivables Turnover of 9.79 is 38.2% 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 Emira Property Fund and its competitors. For the REITs industry, the median Receivables Turnover is 15.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emira Property Fund's current Receivables Turnover is 9.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emira Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Emira Property Fund (JSE:EMI) is currently considered Significantly Overvalued. The stock's GF Value™ is R8.62, compared to a current price of R13.05 — trading 51.4% above its estimated fair value. The current Receivables Turnover is 9.79 and 38.2% below the REITs industry median of 15.85. Emira Property Fund's overall GF Score™ is 60/100 with 6 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 Emira Property Fund (JSE:EMI), the current Receivables Turnover is 9.79 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 Emira Property Fund (JSE:EMI) Overvalued in 2026?

Based on GuruFocus' analysis, Emira Property Fund stock appears to be overvalued. The current stock price of R13.05 is trading 51.4% above its estimated GF Value™ of R8.62. GuruFocus considers Emira Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EMI:

  • Receivables Turnover: 9.79
  • GF Value™: R8.62 vs. price of R13.05 (51.4% above fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 38.2% below the REITs median (#246 of 664)

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


Emira Property Fund Business Description

Industry Real EstateREITs
Address 33 Sloane Street, 1st Floor, Block A, Knightsbridge Office Park, Bryanston, Johannesburg, GT, ZAF, 2191
Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential, and industrial properties. The majority of the properties are in Gauteng, with the others in the Western Cape and KwaZulu-Natal. The company operates through five segments, namely: Office; Retail; Industrial; Residential; and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties. The residential segment comprises directly held residential property, and the corporate segment comprises the South African administration activities of the Group.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R13.05
Price
R8.62
GF Value