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. Develop Global's Revenue for the
six
months ended in Dec. 2025 was $113.3 Mil. Develop Global's average Accounts Receivable for the
six
months ended in Dec. 2025 was $6.5 Mil.
Hence, Develop Global's Receivables Turnover for the
six
months ended in Dec. 2025 was 17.50.
Develop Global (OTCPK:VTEXF) 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.
Develop Global Receivables Turnover Related Terms
Develop Global Receivables Turnover Historical Data
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The historical data trend for Develop Global'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.
Develop Global Receivables Turnover Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Develop Global'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.
Develop Global Receivables Turnover vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Develop Global's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Develop Global'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.
Develop Global (VTEXF) has a Receivables Turnover of 17.50 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 Develop Global and its competitors. According to the industry distribution chart, Develop Global ranks #195 out of 780 companies in the Metals & Mining industry, placing it in the top 25%.
Is Develop Global's Receivables Turnover too high?
Develop Global's current Receivables Turnover is 17.50. The Metals & Mining industry median Receivables Turnover is 9.36. Develop Global's value of 17.50 is 87% above this industry median. Based on the distribution chart, Develop Global ranks #195 out of 780 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Develop Global has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Develop Global's Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Develop Global ranks #195 out of 780 companies for Receivables Turnover. This places Develop Global in the top 25% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.36. Develop Global's value of 17.50 is 87% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.36, based on 780 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. Develop Global's current Receivables Turnover of 17.50 is 87% 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 Develop Global and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Develop Global's current Receivables Turnover is 17.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Develop Global (VTEXF) has a current Receivables Turnover of 17.50. The stock's GF Value™ is $3.43, compared to a current price of $3.66 — trading 6.7% above its estimated fair value. The current Receivables Turnover is 17.50 and 87% above the Metals & Mining industry median of 9.36. Develop Global's overall GF Score™ is 50/100 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 Develop Global (VTEXF), the current Receivables Turnover is 17.50 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 Develop Global (VTEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Develop Global stock appears to be overvalued.
The current stock price of $3.66 is trading 6.7% above its estimated GF Value™ of $3.43.
Key valuation signals for VTEXF:
Receivables Turnover: 17.50
GF Value™: $3.43 vs. price of $3.66 (6.7% above fair value)
Industry Position: 87% above the Metals & Mining median (#195 of 780)
No single metric tells the full story. See the VTEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
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