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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. South Port New Zealand's Revenue for the
six
months ended in Dec. 2025 was $20.11 Mil. South Port New Zealand's average Accounts Receivable for the
six
months ended in Dec. 2025 was $5.86 Mil.
Hence, South Port New Zealand's Receivables Turnover for the
six
months ended in Dec. 2025 was 3.43.
South Port New Zealand (OTCPK:SPNZF) 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.
South Port New Zealand Receivables Turnover Related Terms
South Port New Zealand Receivables Turnover Historical Data
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The historical data trend for South Port New Zealand'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.
For the Marine Shipping subindustry, South Port New Zealand'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.
South Port New Zealand Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, South Port New Zealand's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where South Port New Zealand'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.
South Port New Zealand (SPNZF) has a Receivables Turnover of 3.43 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 South Port New Zealand and its competitors. According to the industry distribution chart, South Port New Zealand ranks #652 out of 998 companies in the Transportation industry, placing it in the top 65.3%.
Is South Port New Zealand's Receivables Turnover too high?
South Port New Zealand's current Receivables Turnover is 3.43. The Transportation industry median Receivables Turnover is 7.73. South Port New Zealand's value of 3.43 is 55.6% below this industry median. Based on the distribution chart, South Port New Zealand ranks #652 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, South Port New Zealand has a GF Score™ of 96/100, reflecting its overall financial health beyond just this single metric.
How does South Port New Zealand's Receivables Turnover compare to KEX?
According to the Transportation industry distribution chart, South Port New Zealand ranks #652 out of 998 companies for Receivables Turnover. This places South Port New Zealand in the lower half of its industry. The industry median Receivables Turnover is 7.73. South Port New Zealand's value of 3.43 is 55.6% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 998 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. South Port New Zealand's current Receivables Turnover of 3.43 is 55.6% 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 South Port New Zealand and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Port New Zealand's current Receivables Turnover is 3.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Port New Zealand stock overvalued right now?
South Port New Zealand (SPNZF) has a current Receivables Turnover of 3.43. The stock's GF Value™ is $5.63, compared to a current price of $5.70 — trading 1.2% above its estimated fair value. The current Receivables Turnover is 3.43 and 55.6% below the Transportation industry median of 7.73. South Port New Zealand's overall GF Score™ is 96/100 with 6 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 South Port New Zealand (SPNZF), the current Receivables Turnover is 3.43 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 South Port New Zealand (SPNZF) Overvalued in 2026?
Based on GuruFocus' analysis, South Port New Zealand stock appears to be overvalued.
The current stock price of $5.70 is trading 1.2% above its estimated GF Value™ of $5.63.
Key valuation signals for SPNZF:
Receivables Turnover: 3.43
GF Value™: $5.63 vs. price of $5.70 (1.2% above fair value)
Industry Position: 55.6% below the Transportation median (#652 of 998)
No single metric tells the full story. See the SPNZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
South Port New Zealand Ltd offers a wide range of marine services, cargo and container shipping, and on-site warehousing for domestic and international customers. It serves key export and import industries in the Southland region, including aluminium, timber, fisheries, dairy, meat, wood chips, stock food, cement, alumina, fertiliser, and petroleum products. South Port is publicly listed on the New Zealand Stock Exchange and is majority-owned by Environment Southland. It also operates an intermodal freight center to facilitate efficient product distribution within the Southland and Otago regions. The majority of revenue comes from the Cargo and logistics 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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