Simon Property Group (MEX:SPG) Receivables Turnover: 1.94 (As of Mar. 2026)

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MEX:SPG Simon Property Group Inc MEX:SPG
70 GF Score
Price MXN3,890.00
GF Value MXN3,199.34
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Simon Property Group Receivables Turnover?

Simon Property Group MEX:SPG 70 Receivables Turnover is 1.94 as of Mar. 2026. GuruFocus rates MEX:SPG with a GF Score™ of 70/100 and a GF Value™ of MXN3,199.34 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 676 REITs companies, Simon Property Group ranks worse than 70.27% 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. Simon Property Group's Revenue for the three months ended in Mar. 2026 was MXN31,685 Mil. Simon Property Group's average Accounts Receivable for the three months ended in Mar. 2026 was MXN16,351 Mil. Hence, Simon Property Group's Receivables Turnover for the three months ended in Mar. 2026 was 1.94.


Simon Property Group  (MEX:SPG) 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.


Simon Property Group Receivables Turnover Related Terms


Simon Property Group Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Simon Property Group'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.

Simon Property Group Receivables Turnover Chart

Simon Property Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.83 5.91 6.39 8.12 6.86

Simon Property Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 1.85 1.84 1.98 2.03 1.94

MEX:SPG vs O, KIM, REG: Receivables Turnover Comparison

For the REIT - Retail subindustry, Simon Property Group'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.


Simon Property Group Receivables Turnover vs REITs Industry

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

* The bar in red indicates where Simon Property Group's Receivables Turnover falls into.


MEX:SPG
70GF Score
Simon Property Group Inc MEX:SPG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Simon Property Group Receivables Turnover Calculation

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

Simon Property Group's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=114597.368 / ((16611.836 + 16818.71) / 2 )
=114597.368 / 16715.273
=6.86

Simon Property Group'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=31685.131 / ((16818.71 + 15883.328) / 2 )
=31685.131 / 16351.019
=1.94

* 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 1.94 mean?
Simon Property Group (MEX:SPG) has a Receivables Turnover of 1.94 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 Simon Property Group and its competitors. According to the industry distribution chart, Simon Property Group ranks #475 out of 676 companies in the REITs industry, placing it in the top 70.3%.
Is Simon Property Group's Receivables Turnover too high?
Simon Property Group's current Receivables Turnover is 1.94. The REITs industry median Receivables Turnover is 15.93. Simon Property Group's value of 1.94 is 87.8% below this industry median. Based on the distribution chart, Simon Property Group ranks #475 out of 676 companies in the REITs industry, which is below the industry midpoint. Overall, Simon Property Group has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's Receivables Turnover compare to O and KIM?
According to the REITs industry distribution chart, Simon Property Group ranks #475 out of 676 companies for Receivables Turnover. This places Simon Property Group in the lower half of its industry. The industry median Receivables Turnover is 15.93. Simon Property Group's value of 1.94 is 87.8% 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 15.93, based on 676 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. Simon Property Group's current Receivables Turnover of 1.94 is 87.8% 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 Simon Property Group and its competitors. For the REITs industry, the median Receivables Turnover is 15.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simon Property Group's current Receivables Turnover is 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simon Property Group stock overvalued right now?
Based on GuruFocus' analysis, Simon Property Group (MEX:SPG) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,199.34, compared to a current price of MXN3,890.00 — trading 21.6% above its estimated fair value. The current Receivables Turnover is 1.94 and 87.8% below the REITs industry median of 15.93. Simon Property Group's overall GF Score™ is 70/100 with 8 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 Simon Property Group (MEX:SPG), the current Receivables Turnover is 1.94 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 Simon Property Group (MEX:SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Simon Property Group stock appears to be overvalued. The current stock price of MXN3,890.00 is trading 21.6% above its estimated GF Value™ of MXN3,199.34. GuruFocus considers Simon Property Group to be Modestly Overvalued.

Key valuation signals for MEX:SPG:

  • Receivables Turnover: 1.94
  • GF Value™: MXN3,199.34 vs. price of MXN3,890.00 (21.6% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 87.8% below the REITs median (#475 of 676)

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


Simon Property Group Business Description

Industry Real EstateREITs
Address 225 West Washington Street, Indianapolis, IN, USA, 46204
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
70GF Score

Get the complete analysis for MEX:SPG

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

MXN3,890.00
Price
MXN3,199.34
GF Value