Vector (NZSE:VCT) Receivables Turnover: 8.40 (As of Dec. 2025)

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NZSE:VCT Vector Ltd NZSE:VCT
71 GF Score
Price NZ$5.03
GF Value NZ$4.17
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Vector Receivables Turnover?

Vector NZSE:VCT +0.60% 71 Receivables Turnover is 8.40 as of Dec. 2025. GuruFocus rates NZSE:VCT with a GF Score™ of 71/100 and a GF Value™ of NZ$4.17 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 496 Utilities - Regulated companies, Vector ranks better than 86.29% 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. Vector's Revenue for the six months ended in Dec. 2025 was NZ$594 Mil. Vector's average Accounts Receivable for the six months ended in Dec. 2025 was NZ$71 Mil. Hence, Vector's Receivables Turnover for the six months ended in Dec. 2025 was 8.40.


Vector  (NZSE:VCT) 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.


Vector Receivables Turnover Related Terms


Vector Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Vector'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.

Vector Receivables Turnover Chart

Vector 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 19.32 20.90 14.81 13.34 14.32

Vector 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 4.28 4.68 7.13 5.87 8.40

NZSE:VCT vs SRE, AES: Receivables Turnover Comparison

For the Utilities - Diversified subindustry, Vector'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.


Vector Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Vector's Receivables Turnover distribution charts can be found below:

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


NZSE:VCT
71GF Score
Vector Ltd NZSE:VCT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Vector Receivables Turnover Calculation

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

Vector'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 )
=1038.6 / ((69.7 + 75.4) / 2 )
=1038.6 / 72.55
=14.32

Vector'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 )
=594.4 / ((75.4 + 66.2) / 2 )
=594.4 / 70.8
=8.40

* 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 8.40 mean?
Vector (NZSE:VCT) has a Receivables Turnover of 8.40 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 Vector and its competitors. According to the industry distribution chart, Vector ranks #68 out of 496 companies in the Utilities - Regulated industry, placing it in the top 13.7%.
Is Vector's Receivables Turnover too high?
Vector's current Receivables Turnover is 8.40. The Utilities - Regulated industry median Receivables Turnover is 6.77. Vector's value of 8.40 is 24.2% above this industry median. Based on the distribution chart, Vector ranks #68 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Vector has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vector's Receivables Turnover compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Vector ranks #68 out of 496 companies for Receivables Turnover. This places Vector in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.77. Vector's value of 8.40 is 24.2% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.77, based on 496 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. Vector's current Receivables Turnover of 8.40 is 24.2% 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 Vector and its competitors. For the Utilities - Regulated 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. Vector's current Receivables Turnover is 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vector stock overvalued right now?
Based on GuruFocus' analysis, Vector (NZSE:VCT) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$4.17, compared to a current price of NZ$5.03 — trading 20.6% above its estimated fair value. The current Receivables Turnover is 8.40 and 24.2% above the Utilities - Regulated industry median of 6.77. Vector's overall GF Score™ is 71/100 with 9 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 Vector (NZSE:VCT), the current Receivables Turnover is 8.40 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 Vector (NZSE:VCT) Overvalued in 2026?

Based on GuruFocus' analysis, Vector stock appears to be overvalued. The current stock price of NZ$5.03 is trading 20.6% above its estimated GF Value™ of NZ$4.17. GuruFocus considers Vector to be Modestly Overvalued.

Key valuation signals for NZSE:VCT:

  • Receivables Turnover: 8.40
  • GF Value™: NZ$4.17 vs. price of NZ$5.03 (20.6% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 24.2% above the Utilities - Regulated median (#68 of 496)

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


Vector Business Description

Other Exchanges VQA:Germany
Address 101 Carlton Gore Road, Newmarket, Auckland, NTL, NZL, 1023
Vector Ltd is a New Zealand infrastructure company. The company's operating segment includes Electricity Distribution; and Gas Distribution. It generates maximum revenue from the Electricity Distribution segment. The Auckland electricity distribution services segment includes Auckland electricity distribution services. Gas Trading includes Auckland Gas distribution services.
71GF Score

Get the complete analysis for NZSE:VCT

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

NZ$5.03
Price
NZ$4.17
GF Value