MRPRF (Merlin Properties SOCIMI) Receivables Turnover: 1.88 (As of Mar. 2026)


MRPRF Merlin Properties SOCIMI SA MRPRF
81 GF Score
Price $17.90
GF Value $12.51
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Merlin Properties SOCIMI Receivables Turnover?

Merlin Properties SOCIMI MRPRF +0.56% 81 Receivables Turnover is 1.88 as of Mar. 2026. GuruFocus rates MRPRF with a GF Score™ of 81/100 and a GF Value™ of $12.51 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 679 REITs companies, Merlin Properties SOCIMI ranks worse than 73.2% 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. Merlin Properties SOCIMI's Revenue for the three months ended in Mar. 2026 was $169.1 Mil. Merlin Properties SOCIMI's average Accounts Receivable for the three months ended in Mar. 2026 was $89.8 Mil. Hence, Merlin Properties SOCIMI's Receivables Turnover for the three months ended in Mar. 2026 was 1.88.


Merlin Properties SOCIMI  (OTCPK:MRPRF) 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.


Merlin Properties SOCIMI Receivables Turnover Related Terms


Merlin Properties SOCIMI Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Merlin Properties SOCIMI'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.

Merlin Properties SOCIMI Receivables Turnover Chart

Merlin Properties SOCIMI 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 32.45 19.29 13.29 12.15 12.99

Merlin Properties SOCIMI 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 2.40 1.73 1.61 2.03 1.88

MRPRF vs BXP, ARE, VNO: Receivables Turnover Comparison

For the REIT - Office subindustry, Merlin Properties SOCIMI'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.


Merlin Properties SOCIMI Receivables Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Merlin Properties SOCIMI's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Merlin Properties SOCIMI's Receivables Turnover falls into.


MRPRF
81GF Score
Merlin Properties SOCIMI SA MRPRF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Merlin Properties SOCIMI Receivables Turnover Calculation

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

Merlin Properties SOCIMI'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 )
=631.104 / ((40.483 + 56.717) / 2 )
=631.104 / 48.6
=12.99

Merlin Properties SOCIMI'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 )
=169.072 / ((56.717 + 122.865) / 2 )
=169.072 / 89.791
=1.88

* 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 1.88 mean?
Merlin Properties SOCIMI (MRPRF) has a Receivables Turnover of 1.88 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 Merlin Properties SOCIMI and its competitors. According to the industry distribution chart, Merlin Properties SOCIMI ranks #497 out of 679 companies in the REITs industry, placing it in the top 73.2%.
Is Merlin Properties SOCIMI's Receivables Turnover too high?
Merlin Properties SOCIMI's current Receivables Turnover is 1.88. The REITs industry median Receivables Turnover is 15.91. Merlin Properties SOCIMI's value of 1.88 is 88.2% below this industry median. Based on the distribution chart, Merlin Properties SOCIMI ranks #497 out of 679 companies in the REITs industry, which is below the industry midpoint. Overall, Merlin Properties SOCIMI has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Merlin Properties SOCIMI's Receivables Turnover compare to BXP and ARE?
According to the REITs industry distribution chart, Merlin Properties SOCIMI ranks #497 out of 679 companies for Receivables Turnover. This places Merlin Properties SOCIMI in the lower half of its industry. The industry median Receivables Turnover is 15.91. Merlin Properties SOCIMI's value of 1.88 is 88.2% 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 15.91, based on 679 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. Merlin Properties SOCIMI's current Receivables Turnover of 1.88 is 88.2% 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 Merlin Properties SOCIMI and its competitors. For the REITs industry, the median Receivables Turnover is 15.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merlin Properties SOCIMI's current Receivables Turnover is 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merlin Properties SOCIMI stock overvalued right now?
Based on GuruFocus' analysis, Merlin Properties SOCIMI (MRPRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.51, compared to a current price of $17.90 — trading 43.1% above its estimated fair value. The current Receivables Turnover is 1.88 and 88.2% below the REITs industry median of 15.91. Merlin Properties SOCIMI's overall GF Score™ is 81/100 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 Merlin Properties SOCIMI (MRPRF), the current Receivables Turnover is 1.88 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 Merlin Properties SOCIMI (MRPRF) Overvalued in 2026?

Based on GuruFocus' analysis, Merlin Properties SOCIMI stock appears to be overvalued. The current stock price of $17.90 is trading 43.1% above its estimated GF Value™ of $12.51. GuruFocus considers Merlin Properties SOCIMI to be Significantly Overvalued.

Key valuation signals for MRPRF:

  • Receivables Turnover: 1.88
  • GF Value™: $12.51 vs. price of $17.90 (43.1% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 88.2% below the REITs median (#497 of 679)

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


Merlin Properties SOCIMI Business Description

Industry Real EstateREITs
Address Paseo de la Castellana 257, Madrid, ESP, 28046
Merlin Properties is Spain's largest listed SOCIMI/REIT, managing a EUR 12.6 billion portfolio across offices, logistics, shopping centers, and data centers. Over the coming years, it will bring 730 MW of data center capacity online, increasing its gross rental income contribution from just 6% in 2025 to 65% by 2032. Its total GRI will more than triple to EUR 1.8 billion, driven by this "Mega" plan. Additionally, it has a pipeline of 4.4 GW worth of land at varying stages of readiness it can develop.
81GF Score

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

$17.90
Price
$12.51
GF Value