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. Merafe Resources's Revenue for the
six
months ended in Dec. 2025 was $194.6 Mil. Merafe Resources's average Accounts Receivable for the
six
months ended in Dec. 2025 was $62.9 Mil.
Hence, Merafe Resources's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.10.
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.
Merafe Resources Receivables Turnover Related Terms
Merafe Resources Receivables Turnover Historical Data
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The historical data trend for Merafe Resources'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.
For the Other Industrial Metals & Mining subindustry, Merafe Resources'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.
Merafe Resources Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Merafe Resources's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Merafe Resources'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.
Merafe Resources (MERFF) has a Receivables Turnover of 3.10 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 Merafe Resources and its competitors. According to the industry distribution chart, Merafe Resources ranks #541 out of 779 companies in the Metals & Mining industry, placing it in the top 69.4%.
Is Merafe Resources' Receivables Turnover too high?
Merafe Resources' current Receivables Turnover is 3.10. The Metals & Mining industry median Receivables Turnover is 9.37. Merafe Resources' value of 3.10 is 66.9% below this industry median. Based on the distribution chart, Merafe Resources ranks #541 out of 779 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Merafe Resources has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Merafe Resources' Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Merafe Resources ranks #541 out of 779 companies for Receivables Turnover. This places Merafe Resources in the lower half of its industry. The industry median Receivables Turnover is 9.37. Merafe Resources' value of 3.10 is 66.9% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.37, based on 779 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. Merafe Resources's current Receivables Turnover of 3.10 is 66.9% 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 Merafe Resources and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merafe Resources's current Receivables Turnover is 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merafe Resources stock overvalued right now?
Merafe Resources (MERFF) has a current Receivables Turnover of 3.10. The stock's GF Value™ is $0.17, compared to a current price of $0.22 — trading 28.1% above its estimated fair value. The current Receivables Turnover is 3.10 and 66.9% below the Metals & Mining industry median of 9.37. Merafe Resources' overall GF Score™ is 65/100 with 9 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 Merafe Resources (MERFF), the current Receivables Turnover is 3.10 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 Merafe Resources (MERFF) Overvalued in 2026?
Based on GuruFocus' analysis, Merafe Resources stock appears to be overvalued.
The current stock price of $0.22 is trading 28.1% above its estimated GF Value™ of $0.17.
Key valuation signals for MERFF:
Receivables Turnover: 3.10
GF Value™: $0.17 vs. price of $0.22 (28.1% above fair value)
Industry Position: 66.9% below the Metals & Mining median (#541 of 779)
No single metric tells the full story. See the MERFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals. Geographically, it has its presence in Africa, Americas, Asia, China, Indonesia, Other Asia, and Europe.
65GF Score
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