Tsogo Sun (JSE:TSG) Receivables Turnover: 12.19 (As of Mar. 2026)

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JSE:TSG Tsogo Sun Ltd JSE:TSG
79 GF Score
Price R7.44
GF Value R10.64
Valuation Possible Value Trap
! 4 Warning Signs
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What is Tsogo Sun Receivables Turnover?

Tsogo Sun JSE:TSG +1.64% 79 Receivables Turnover is 12.19 as of Mar. 2026. GuruFocus rates JSE:TSG with a GF Score™ of 79/100 and a GF Value™ of R10.64 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 832 Travel & Leisure companies, Tsogo Sun ranks better than 75.48% 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. Tsogo Sun's Revenue for the six months ended in Mar. 2026 was R5,424 Mil. Tsogo Sun's average Accounts Receivable for the six months ended in Mar. 2026 was R445 Mil. Hence, Tsogo Sun's Receivables Turnover for the six months ended in Mar. 2026 was 12.19.


Tsogo Sun  (JSE:TSG) 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.


Tsogo Sun Receivables Turnover Related Terms


Tsogo Sun Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Tsogo Sun'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.

Tsogo Sun Receivables Turnover Chart

Tsogo Sun Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.51 138.45 135.60 125.73 40.30

Tsogo Sun Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 19.99 21.56 21.05 20.44 12.19

JSE:TSG vs LVS, MGM, WYNN: Receivables Turnover Comparison

For the Resorts & Casinos subindustry, Tsogo Sun'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.


Tsogo Sun Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Tsogo Sun's Receivables Turnover falls into.


JSE:TSG
79GF Score
Tsogo Sun Ltd JSE:TSG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tsogo Sun Receivables Turnover Calculation

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

Tsogo Sun'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 )
=10841 / ((89 + 449) / 2 )
=10841 / 269
=40.30

Tsogo Sun'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 )
=5424 / ((441 + 449) / 2 )
=5424 / 445
=12.19

* 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 12.19 mean?
Tsogo Sun (JSE:TSG) has a Receivables Turnover of 12.19 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 Tsogo Sun and its competitors. According to the industry distribution chart, Tsogo Sun ranks #204 out of 832 companies in the Travel & Leisure industry, placing it in the top 24.5%.
Is Tsogo Sun's Receivables Turnover too high?
Tsogo Sun's current Receivables Turnover is 12.19. The Travel & Leisure industry median Receivables Turnover is 14.10. Tsogo Sun's value of 12.19 is 13.5% below this industry median. Based on the distribution chart, Tsogo Sun ranks #204 out of 832 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tsogo Sun has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's Receivables Turnover compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Tsogo Sun ranks #204 out of 832 companies for Receivables Turnover. This places Tsogo Sun in the top 25% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 14.10. Tsogo Sun's value of 12.19 is 13.5% 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 a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.10, based on 832 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. Tsogo Sun's current Receivables Turnover of 12.19 is 13.5% 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 Tsogo Sun and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsogo Sun's current Receivables Turnover is 12.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Possible Value Trap. The stock's GF Value™ is R10.64, compared to a current price of R7.44 — trading 30.1% below its estimated fair value. The current Receivables Turnover is 12.19 and 13.5% below the Travel & Leisure industry median of 14.10. Tsogo Sun's overall GF Score™ is 79/100 with 4 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 Tsogo Sun (JSE:TSG), the current Receivables Turnover is 12.19 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 Tsogo Sun (JSE:TSG) Overvalued in 2026?

Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued. The current stock price of R7.44 is trading 30.1% below its estimated GF Value™ of R10.64. GuruFocus considers Tsogo Sun to be Possible Value Trap.

Key valuation signals for JSE:TSG:

  • Receivables Turnover: 12.19
  • GF Value™: R10.64 vs. price of R7.44 (30.1% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 13.5% below the Travel & Leisure median (#204 of 832)

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


Tsogo Sun Business Description

Other Exchanges G5E:Germany
Address Montecasino Boulevard, Palazzo Towers East, Fourways, Johannesburg, GT, ZAF, 2055
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
79GF Score

Get the complete analysis for JSE:TSG

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R7.44
Price
R10.64
GF Value