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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. Heriot REIT's Revenue for the
six
months ended in Dec. 2025 was R634 Mil. Heriot REIT's average Accounts Receivable for the
six
months ended in Dec. 2025 was R72 Mil.
Hence, Heriot REIT's Receivables Turnover for the
six
months ended in Dec. 2025 was 8.84.
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.
Heriot REIT Receivables Turnover Related Terms
Heriot REIT Receivables Turnover Historical Data
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The historical data trend for Heriot REIT'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:HET vs VICI, WPC: Receivables Turnover Comparison
For the REIT - Diversified subindustry, Heriot REIT'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.
Heriot REIT Receivables Turnover vs REITs Industry
For the REITs industry and Real Estate sector, Heriot REIT's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Heriot REIT'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.
Heriot REIT (JSE:HET) has a Receivables Turnover of 8.84 as of Dec. 2025. 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 Heriot REIT and its competitors. According to the industry distribution chart, Heriot REIT ranks #334 out of 660 companies in the REITs industry, placing it in the top 50.6%.
Is Heriot REIT's Receivables Turnover too high?
Heriot REIT's current Receivables Turnover is 8.84. The REITs industry median Receivables Turnover is 15.76. Heriot REIT's value of 8.84 is 43.9% below this industry median. Based on the distribution chart, Heriot REIT ranks #334 out of 660 companies in the REITs industry, which is below the industry midpoint. Overall, Heriot REIT has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heriot REIT's Receivables Turnover compare to VICI and WPC?
According to the REITs industry distribution chart, Heriot REIT ranks #334 out of 660 companies for Receivables Turnover. This places Heriot REIT in the lower half of its industry. The industry median Receivables Turnover is 15.76. Heriot REIT's value of 8.84 is 43.9% 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 15.76, based on 660 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. Heriot REIT's current Receivables Turnover of 8.84 is 43.9% 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 Heriot REIT and its competitors. For the REITs industry, the median Receivables Turnover is 15.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heriot REIT's current Receivables Turnover is 8.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heriot REIT stock overvalued right now?
Based on GuruFocus' analysis, Heriot REIT (JSE:HET) is currently considered Fairly Valued. The stock's GF Value™ is R23.92, compared to a current price of R26.00 — trading 8.7% above its estimated fair value. The current Receivables Turnover is 8.84 and 43.9% below the REITs industry median of 15.76. Heriot REIT's overall GF Score™ is 71/100 with 13 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 Heriot REIT (JSE:HET), the current Receivables Turnover is 8.84 as of Dec. 2025. 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 Heriot REIT (JSE:HET) Overvalued in 2026?
Based on GuruFocus' analysis, Heriot REIT stock appears to be overvalued.
The current stock price of R26.00 is trading 8.7% above its estimated GF Value™ of R23.92.
GuruFocus considers Heriot REIT to be Fairly Valued.
Key valuation signals for JSE:HET:
Receivables Turnover: 8.84
GF Value™: R23.92 vs. price of R26.00 (8.7% above fair value)
Industry Position: 43.9% below the REITs median (#334 of 660)
No single metric tells the full story. See the JSE:HET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heriot REIT Ltd is a South African real estate investment trust. The company's primary segments include retail, industrial, office, specialized, residential, and others. While the majority of the revenue is earned from the Retail segment. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams. Geographically, the company operates in Gauteng, Western Cape, KwaZulu-Natal, North West, Mpumalanga, Limpopo, Free State, and Namibia.
71GF Score
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