MGHTF (Mercury NZ) Receivables Turnover: 4.09 (As of Dec. 2025)


MGHTF Mercury NZ Ltd MGHTF
72 GF Score
Price $4.37
GF Value $3.98
Valuation Fairly Valued
! 11 Warning Signs
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What is Mercury NZ Receivables Turnover?

Mercury NZ MGHTF +8.44% 72 Receivables Turnover is 4.09 as of Dec. 2025. GuruFocus rates MGHTF with a GF Score™ of 72/100 and a GF Value™ of $3.98 (Fairly Valued). The stock has 11 warning signs investors should review. Among 409 Utilities - Independent Power Producers companies, Mercury NZ ranks better than 71.88% 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. Mercury NZ's Revenue for the six months ended in Dec. 2025 was $963 Mil. Mercury NZ's average Accounts Receivable for the six months ended in Dec. 2025 was $236 Mil. Hence, Mercury NZ's Receivables Turnover for the six months ended in Dec. 2025 was 4.09.


Mercury NZ  (OTCPK:MGHTF) 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.


Mercury NZ Receivables Turnover Related Terms


Mercury NZ Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mercury NZ'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.

Mercury NZ Receivables Turnover Chart

Mercury NZ Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.56 5.14 6.40 7.91 7.67

Mercury NZ Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.73 3.58 3.57 4.28 4.09

Mercury NZ Receivables Turnover Competitor Comparison

For the Utilities - Renewable subindustry, Mercury NZ'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.


Mercury NZ Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mercury NZ's Receivables Turnover falls into.


MGHTF
72GF Score
Mercury NZ Ltd MGHTF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercury NZ Receivables Turnover Calculation

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

Mercury NZ's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=2111.044 / ((311.848 + 238.383) / 2 )
=2111.044 / 275.1155
=7.67

Mercury NZ's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Jun. 2025 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=962.963 / ((238.383 + 232.639) / 2 )
=962.963 / 235.511
=4.09

* 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 4.09 mean?
Mercury NZ (MGHTF) has a Receivables Turnover of 4.09 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 Mercury NZ and its competitors. According to the industry distribution chart, Mercury NZ ranks #115 out of 409 companies in the Utilities - Independent Power Producers industry, placing it in the top 28.1%.
Is Mercury NZ's Receivables Turnover too high?
Mercury NZ's current Receivables Turnover is 4.09. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.75. Mercury NZ's value of 4.09 is 28.9% below this industry median. Based on the distribution chart, Mercury NZ ranks #115 out of 409 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Mercury NZ has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Mercury NZ ranks #115 out of 409 companies for Receivables Turnover. This puts Mercury NZ in the upper half of its industry. The industry median Receivables Turnover is 5.75. Mercury NZ's value of 4.09 is 28.9% 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 an Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.75, based on 409 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. Mercury NZ's current Receivables Turnover of 4.09 is 28.9% 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 Mercury NZ and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury NZ's current Receivables Turnover is 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Based on GuruFocus' analysis, Mercury NZ (MGHTF) is currently considered Fairly Valued. The stock's GF Value™ is $3.98, compared to a current price of $4.37 — trading 9.8% above its estimated fair value. The current Receivables Turnover is 4.09 and 28.9% below the Utilities - Independent Power Producers industry median of 5.75. Mercury NZ's overall GF Score™ is 72/100 with 11 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 Mercury NZ (MGHTF), the current Receivables Turnover is 4.09 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 Mercury NZ (MGHTF) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued. The current stock price of $4.37 is trading 9.8% above its estimated GF Value™ of $3.98. GuruFocus considers Mercury NZ to be Fairly Valued.

Key valuation signals for MGHTF:

  • Receivables Turnover: 4.09
  • GF Value™: $3.98 vs. price of $4.37 (9.8% above fair value)
  • GF Score™: 72/100 with 11 warning signs
  • Industry Position: 28.9% below the Utilities - Independent Power Producers median (#115 of 409)

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


Mercury NZ Business Description

Address 33 Broadway, The Mercury Building, Newmarket, Auckland, NTL, NZL, 1023
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
72GF Score

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

$4.37
Price
$3.98
GF Value