Investore Property (NZSE:IPL) Receivables Turnover: 20.36 (As of Mar. 2026)

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NZSE:IPL Investore Property Ltd NZSE:IPL
65 GF Score
Price NZ$1.06
GF Value NZ$1.12
Valuation Fairly Valued
! 8 Warning Signs
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What is Investore Property Receivables Turnover?

Investore Property NZSE:IPL -0.94% 65 Receivables Turnover is 20.36 as of Mar. 2026. GuruFocus rates NZSE:IPL with a GF Score™ of 65/100 and a GF Value™ of NZ$1.12 (Fairly Valued). The stock has 8 warning signs investors should review. Among 674 REITs companies, Investore Property ranks better than 78.34% 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. Investore Property's Revenue for the six months ended in Mar. 2026 was NZ$42.32 Mil. Investore Property's average Accounts Receivable for the six months ended in Mar. 2026 was NZ$2.08 Mil. Hence, Investore Property's Receivables Turnover for the six months ended in Mar. 2026 was 20.36.


Investore Property  (NZSE:IPL) 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.


Investore Property Receivables Turnover Related Terms


Investore Property Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Investore Property'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.

Investore Property Receivables Turnover Chart

Investore Property Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.38 72.58 94.15 90.39 80.12

Investore Property Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 15.62 19.22 17.71 18.72 20.36

NZSE:IPL vs SPG, O, KIM: Receivables Turnover Comparison

For the REIT - Retail subindustry, Investore Property'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.


Investore Property Receivables Turnover vs REITs Industry

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

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


NZSE:IPL
65GF Score
Investore Property Ltd NZSE:IPL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Investore Property Receivables Turnover Calculation

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

Investore Property's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=81.001 / ((0.998 + 1.024) / 2 )
=81.001 / 1.011
=80.12

Investore Property'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=42.323 / ((3.134 + 1.024) / 2 )
=42.323 / 2.079
=20.36

* 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 20.36 mean?
Investore Property (NZSE:IPL) has a Receivables Turnover of 20.36 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 Investore Property and its competitors. According to the industry distribution chart, Investore Property ranks #146 out of 674 companies in the REITs industry, placing it in the top 21.7%.
Is Investore Property's Receivables Turnover too high?
Investore Property's current Receivables Turnover is 20.36. The REITs industry median Receivables Turnover is 15.93. Investore Property's value of 20.36 is 27.8% above this industry median. Based on the distribution chart, Investore Property ranks #146 out of 674 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Investore Property has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Investore Property's Receivables Turnover compare to SPG and O?
According to the REITs industry distribution chart, Investore Property ranks #146 out of 674 companies for Receivables Turnover. This places Investore Property in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.93. Investore Property's value of 20.36 is 27.8% above 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 674 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. Investore Property's current Receivables Turnover of 20.36 is 27.8% above 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 Investore Property 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. Investore Property's current Receivables Turnover is 20.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investore Property stock overvalued right now?
Based on GuruFocus' analysis, Investore Property (NZSE:IPL) is currently considered Fairly Valued. The stock's GF Value™ is NZ$1.12, compared to a current price of NZ$1.06 — trading 5.8% below its estimated fair value. The current Receivables Turnover is 20.36 and 27.8% above the REITs industry median of 15.93. Investore Property's overall GF Score™ is 65/100 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 Investore Property (NZSE:IPL), the current Receivables Turnover is 20.36 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 Investore Property (NZSE:IPL) Overvalued in 2026?

Based on GuruFocus' analysis, Investore Property stock appears to be undervalued. The current stock price of NZ$1.06 is trading 5.8% below its estimated GF Value™ of NZ$1.12. GuruFocus considers Investore Property to be Fairly Valued.

Key valuation signals for NZSE:IPL:

  • Receivables Turnover: 20.36
  • GF Value™: NZ$1.12 vs. price of NZ$1.06 (5.8% below fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 27.8% above the REITs median (#146 of 674)

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


Investore Property Business Description

Industry Real EstateREITs
Address 34 Shortland Street, Level 12, Auckland, NZL, 1010
Investore Property Ltd is a commercial property ownership business that has been established to invest in quality Large Format Retail property assets. Its Large Format Retail includes single-story or low-level properties comprising retail shops and outlets and car parking areas. The group is reported to have a single operating segment, being large format retail properties. The company derives revenue from Rental income.
65GF Score

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

NZ$1.06
Price
NZ$1.12
GF Value