First Avenue Real Estate Development Co (SAU:9610) Receivables Turnover: 71.58 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:9610 First Avenue Real Estate Development Co SAU:9610
17 GF Score
Price ﷼3.00
! 5 Warning Signs
View Full Analysis

What is First Avenue Real Estate Development Co Receivables Turnover?

First Avenue Real Estate Development Co SAU:9610 17 Receivables Turnover is 71.58 as of Dec. 2025. GuruFocus rates SAU:9610 with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 1,667 Real Estate companies, First Avenue Real Estate Development Co ranks better than 92.2% 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. First Avenue Real Estate Development Co's Revenue for the six months ended in Dec. 2025 was ﷼151.2 Mil. First Avenue Real Estate Development Co's average Accounts Receivable for the six months ended in Dec. 2025 was ﷼2.1 Mil. Hence, First Avenue Real Estate Development Co's Receivables Turnover for the six months ended in Dec. 2025 was 71.58.


First Avenue Real Estate Development Co  (SAU:9610) 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.


First Avenue Real Estate Development Co Receivables Turnover Related Terms


First Avenue Real Estate Development Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for First Avenue Real Estate Development Co'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.

First Avenue Real Estate Development Co Receivables Turnover Chart

First Avenue Real Estate Development Co Annual Data
Trend Dec23 Dec24 Dec25
Receivables Turnover
0.00 0.00 0.00

First Avenue Real Estate Development Co Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
Receivables Turnover 0.00 0.00 0.00 83.06 71.58

First Avenue Real Estate Development Co Receivables Turnover Competitor Comparison

For the Real Estate - Development subindustry, First Avenue Real Estate Development Co'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.


First Avenue Real Estate Development Co Receivables Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, First Avenue Real Estate Development Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where First Avenue Real Estate Development Co's Receivables Turnover falls into.


SAU:9610
17GF Score
First Avenue Real Estate Development Co SAU:9610
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Avenue Real Estate Development Co Receivables Turnover Calculation

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

First Avenue Real Estate Development Co'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 )
=326.581 / ((0 + 0) / 1 )
=326.581 / 0
=N/A

First Avenue Real Estate Development Co'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 )
=151.168 / ((2.112 + 0) / 1 )
=151.168 / 2.112
=71.58

* 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 71.58 mean?
First Avenue Real Estate Development Co (SAU:9610) has a Receivables Turnover of 71.58 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 First Avenue Real Estate Development Co and its competitors. According to the industry distribution chart, First Avenue Real Estate Development Co ranks #130 out of 1667 companies in the Real Estate industry, placing it in the top 7.8%.
Is First Avenue Real Estate Development Co's Receivables Turnover too high?
First Avenue Real Estate Development Co's current Receivables Turnover is 71.58. The Real Estate industry median Receivables Turnover is 10.58. First Avenue Real Estate Development Co's value of 71.58 is 576.6% above this industry median. Based on the distribution chart, First Avenue Real Estate Development Co ranks #130 out of 1667 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, First Avenue Real Estate Development Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does First Avenue Real Estate Development Co's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, First Avenue Real Estate Development Co ranks #130 out of 1667 companies for Receivables Turnover. This places First Avenue Real Estate Development Co in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.58. First Avenue Real Estate Development Co's value of 71.58 is 576.6% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.58, based on 1,667 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. First Avenue Real Estate Development Co's current Receivables Turnover of 71.58 is 576.6% 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 First Avenue Real Estate Development Co and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Avenue Real Estate Development Co's current Receivables Turnover is 71.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Avenue Real Estate Development Co stock overvalued right now?
First Avenue Real Estate Development Co (SAU:9610) has a current Receivables Turnover of 71.58. The current Receivables Turnover is 71.58 and 576.6% above the Real Estate industry median of 10.58. First Avenue Real Estate Development Co's overall GF Score™ is 17/100 with 5 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 First Avenue Real Estate Development Co (SAU:9610), the current Receivables Turnover is 71.58 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.

First Avenue Real Estate Development Co Business Description

Address 6957 Prince Turki bin Abdulaziz (Al Awwal, Unit No. 3, Hitten District, Unit No. 3, Riyadh, SAU, 13512 - 2447
First Avenue Real Estate Development Co provides general construction of residential buildings, general construction of non-residential buildings including schools, hospitals, hotels, etc., construction of prefabricated buildings on-site, renovation of residential and non-residential buildings, demolition and removal of buildings and others, purchase and sale of real estate lands and properties.
17GF Score

Get the complete analysis for SAU:9610

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

﷼3.00
Price