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Accordant GroupNZSE:AGL 34 Receivables Turnover is 5.02 as of Mar. 2026. GuruFocus rates NZSE:AGL with a GF Score™ of 34/100 and a GF Value™ of NZ$0.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,060 Business Services companies, Accordant Group ranks better than 79.15% 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. Accordant Group's Revenue for the
six
months ended in Mar. 2026 was NZ$83.1 Mil. Accordant Group's average Accounts Receivable for the
six
months ended in Mar. 2026 was NZ$16.6 Mil.
Hence, Accordant Group's Receivables Turnover for the
six
months ended in Mar. 2026 was 5.02.
Accordant Group (NZSE:AGL) 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.
Accordant Group Receivables Turnover Related Terms
Accordant Group Receivables Turnover Historical Data
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The historical data trend for Accordant 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.
NZSE:AGL vs KFY, RHI, TNET: Receivables Turnover Comparison
For the Staffing & Employment Services subindustry, Accordant 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.
Accordant Group Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Accordant Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Accordant Group'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.
Accordant Group (NZSE:AGL) has a Receivables Turnover of 5.02 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 Accordant Group and its competitors. According to the industry distribution chart, Accordant Group ranks #221 out of 1060 companies in the Business Services industry, placing it in the top 20.8%.
Is Accordant Group's Receivables Turnover too high?
Accordant Group's current Receivables Turnover is 5.02. The Business Services industry median Receivables Turnover is 6.39. Accordant Group's value of 5.02 is 21.4% below this industry median. Based on the distribution chart, Accordant Group ranks #221 out of 1060 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Accordant Group has a GF Score™ of 34/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Accordant Group's Receivables Turnover compare to KFY and RHI?
According to the Business Services industry distribution chart, Accordant Group ranks #221 out of 1060 companies for Receivables Turnover. This places Accordant Group in the top 21% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.39. Accordant Group's value of 5.02 is 21.4% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.39, based on 1,060 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. Accordant Group's current Receivables Turnover of 5.02 is 21.4% 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 Accordant Group and its competitors. For the Business Services industry, the median Receivables Turnover is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accordant Group's current Receivables Turnover is 5.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accordant Group stock overvalued right now?
Based on GuruFocus' analysis, Accordant Group (NZSE:AGL) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.38, compared to a current price of NZ$0.18 — trading 53.9% below its estimated fair value. The current Receivables Turnover is 5.02 and 21.4% below the Business Services industry median of 6.39. Accordant Group's overall GF Score™ is 34/100 with 7 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 Accordant Group (NZSE:AGL), the current Receivables Turnover is 5.02 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 Accordant Group (NZSE:AGL) Overvalued in 2026?
Based on GuruFocus' analysis, Accordant Group stock appears to be undervalued.
The current stock price of NZ$0.18 is trading 53.9% below its estimated GF Value™ of NZ$0.38.
GuruFocus considers Accordant Group to be Possible Value Trap.
Key valuation signals for NZSE:AGL:
Receivables Turnover: 5.02
GF Value™: NZ$0.38 vs. price of NZ$0.18 (53.9% below fair value)
Industry Position: 21.4% below the Business Services median (#221 of 1060)
No single metric tells the full story. See the NZSE:AGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accordant Group Ltd is a recruitment and staffing provider company. The group has two reportable segments: Blue Collar Reporting Segment and White Collar Reporting Segment. Blue Collar Reporting Segment: AWF operates branches under the brand names AWF (throughout New Zealand)and Select (Dunedin), which provide contingent labour hire associated with infrastructure, logistics, manufacturing, technical, and construction. The Work Collective (TWC)provides opportunities for those who face barriers to employment. White Collar Reporting Segment: The White Collar segment provides contingent temporary employees, contractors, permanent placement, and executive search services.
34GF Score
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