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NZXNZSE:NZX -1.02%96 Receivables Turnover is 3.68 as of Jun. 2026. GuruFocus rates NZSE:NZX with a GF Score™ of 96/100 and a GF Value™ of NZ$1.68 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 572 Capital Markets companies, NZX ranks worse than 54.02% 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. NZX's Revenue for the
six
months ended in Jun. 2026 was NZ$76.6 Mil. NZX's average Accounts Receivable for the
six
months ended in Jun. 2026 was NZ$20.8 Mil.
Hence, NZX's Receivables Turnover for the
six
months ended in Jun. 2026 was 3.68.
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.
NZX Receivables Turnover Related Terms
NZX Receivables Turnover Historical Data
* Premium members only.
The historical data trend for NZX'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:NZX vs SPGI, CME, ICE: Receivables Turnover Comparison
For the Financial Data & Stock Exchanges subindustry, NZX'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.
NZX Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, NZX's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where NZX'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.
NZX (NZSE:NZX) has a Receivables Turnover of 3.68 as of Jun. 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 NZX and its competitors. According to the industry distribution chart, NZX ranks #309 out of 572 companies in the Capital Markets industry, placing it in the top 54%.
Is NZX's Receivables Turnover too high?
NZX's current Receivables Turnover is 3.68. The Capital Markets industry median Receivables Turnover is 6.77. NZX's value of 3.68 is 45.6% below this industry median. Based on the distribution chart, NZX ranks #309 out of 572 companies in the Capital Markets industry, which is below the industry midpoint. Overall, NZX has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NZX's Receivables Turnover compare to SPGI and CME?
According to the Capital Markets industry distribution chart, NZX ranks #309 out of 572 companies for Receivables Turnover. This places NZX in the lower half of its industry. The industry median Receivables Turnover is 6.77. NZX's value of 3.68 is 45.6% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.77, based on 572 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. NZX's current Receivables Turnover of 3.68 is 45.6% 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 NZX and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NZX's current Receivables Turnover is 3.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NZX stock overvalued right now?
Based on GuruFocus' analysis, NZX (NZSE:NZX) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$1.68, compared to a current price of NZ$1.45 — trading 13.7% below its estimated fair value. The current Receivables Turnover is 3.68 and 45.6% below the Capital Markets industry median of 6.77. NZX's overall GF Score™ is 96/100 with 4 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 NZX (NZSE:NZX), the current Receivables Turnover is 3.68 as of Jun. 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 NZX (NZSE:NZX) Overvalued in 2026?
Based on GuruFocus' analysis, NZX stock appears to be undervalued.
The current stock price of NZ$1.45 is trading 13.7% below its estimated GF Value™ of NZ$1.68.
GuruFocus considers NZX to be Modestly Undervalued.
Key valuation signals for NZSE:NZX:
Receivables Turnover: 3.68
GF Value™: NZ$1.68 vs. price of NZ$1.45 (13.7% below fair value)
Industry Position: 45.6% below the Capital Markets median (#309 of 572)
No single metric tells the full story. See the NZSE:NZX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NZX Ltd operates New Zealand's equity, debt, funds, derivatives and energy markets. To support the growth of its markets, it provides trading, clearing, settlement, depository, and information services for its customers. The company also owns Smart, New Zealand issuer of listed Exchange Traded Funds (ETFs); KiwiSaver, investment, superannuation and insurance provider SuperLife; and diversified fund manager QuayStreet Asset Management. Its segments include Markets, Funds Management (Smart), Wealth Technologies, and Corporate. It derives majority of the revenue from Markets segment which includes Capital Markets Origination, Secondary Markets, and Information Services.
96GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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