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. TOP Financial Group's Revenue for the
six
months ended in Sep. 2025 was $2.87 Mil. TOP Financial Group's average Accounts Receivable for the
six
months ended in Sep. 2025 was $17.34 Mil.
Hence, TOP Financial Group's Receivables Turnover for the
six
months ended in Sep. 2025 was 0.17.
TOP Financial Group (NAS:TOP) 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.
TOP Financial Group Receivables Turnover Related Terms
TOP Financial Group Receivables Turnover Historical Data
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The historical data trend for TOP Financial Group'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.
TOP vs NCTY, AURE, SIEB: Receivables Turnover Comparison
For the Capital Markets subindustry, TOP Financial Group'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.
TOP Financial Group Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, TOP Financial Group's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where TOP Financial Group'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.
TOP Financial Group (TOP) has a Receivables Turnover of 0.17 as of Sep. 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 TOP Financial Group and its competitors. According to the industry distribution chart, TOP Financial Group ranks #545 out of 580 companies in the Capital Markets industry, placing it in the top 94%.
Is TOP Financial Group's Receivables Turnover too high?
TOP Financial Group's current Receivables Turnover is 0.17. The Capital Markets industry median Receivables Turnover is 6.82. TOP Financial Group's value of 0.17 is 97.5% below this industry median. Based on the distribution chart, TOP Financial Group ranks #545 out of 580 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, TOP Financial Group has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOP Financial Group's Receivables Turnover compare to NCTY and AURE?
According to the Capital Markets industry distribution chart, TOP Financial Group ranks #545 out of 580 companies for Receivables Turnover. This places TOP Financial Group in the lower half of its industry. The industry median Receivables Turnover is 6.82. TOP Financial Group's value of 0.17 is 97.5% 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 6.82, based on 580 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. TOP Financial Group's current Receivables Turnover of 0.17 is 97.5% 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 TOP Financial Group and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Financial Group's current Receivables Turnover is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Financial Group stock overvalued right now?
Based on GuruFocus' analysis, TOP Financial Group (TOP) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.45, compared to a current price of $1.67 — trading 15.2% above its estimated fair value. The current Receivables Turnover is 0.17 and 97.5% below the Capital Markets industry median of 6.82. TOP Financial Group's overall GF Score™ is 65/100 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 TOP Financial Group (TOP), the current Receivables Turnover is 0.17 as of Sep. 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 TOP Financial Group (TOP) Overvalued in 2026?
Based on GuruFocus' analysis, TOP Financial Group stock appears to be overvalued.
The current stock price of $1.67 is trading 15.2% above its estimated GF Value™ of $1.45.
GuruFocus considers TOP Financial Group to be Modestly Overvalued.
Key valuation signals for TOP:
Receivables Turnover: 0.17
GF Value™: $1.45 vs. price of $1.67 (15.2% above fair value)
Industry Position: 97.5% below the Capital Markets median (#545 of 580)
No single metric tells the full story. See the TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in trading local and overseas equities, futures, and options products. The Company generates brokerage commission income by enabling its customers to trade on multiple exchanges present globally. The company operates in only one segment which is the futures brokerage service.
65GF 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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