Aforti Holding (WAR:AFH) Receivables Turnover: 10.12 (As of Mar. 2026)

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.

WAR:AFH Aforti Holding SA WAR:AFH
8 GF Score
Price zł2.50
GF Value zł7.67
! 8 Warning Signs
View Full Analysis

What is Aforti Holding Receivables Turnover?

Aforti Holding WAR:AFH 8 Receivables Turnover is 10.12 as of Mar. 2026. GuruFocus rates WAR:AFH with a GF Score™ of 8/100 and a GF Value™ of zł7.67. The stock has 8 warning signs investors should review.

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. Aforti Holding's Revenue for the three months ended in Mar. 2026 was zł18.0 Mil. Aforti Holding's average Accounts Receivable for the three months ended in Mar. 2026 was zł1.8 Mil. Hence, Aforti Holding's Receivables Turnover for the three months ended in Mar. 2026 was 10.12.


Aforti Holding  (WAR:AFH) 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.


Aforti Holding Receivables Turnover Related Terms


Aforti Holding Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Aforti Holding'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.

Aforti Holding Receivables Turnover Chart

Aforti Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 445.91 2,010.58 1,699.70 222.75 125.24

Aforti Holding Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 22.25 43.03 27.59 26.59 10.12

WAR:AFH vs CTAS, GPN, ARMK: Receivables Turnover Comparison

For the Specialty Business Services subindustry, Aforti Holding'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.


Aforti Holding Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Aforti Holding's Receivables Turnover distribution charts can be found below:

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


WAR:AFH
8GF Score
Aforti Holding SA WAR:AFH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aforti Holding Receivables Turnover Calculation

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

Aforti Holding'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 )
=252.602 / ((2.253 + 1.781) / 2 )
=252.602 / 2.017
=125.24

Aforti Holding's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=18.025 / ((1.781 + 1.781) / 2 )
=18.025 / 1.781
=10.12

* 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 10.12 mean?
Aforti Holding (WAR:AFH) has a Receivables Turnover of 10.12 as of Mar. 2026. 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 Aforti Holding and its competitors.
Is Aforti Holding's Receivables Turnover too high?
Aforti Holding's current Receivables Turnover is 10.12. The Business Services industry median Receivables Turnover is 6.25. Aforti Holding's value of 10.12 is 61.9% above this industry median. Overall, Aforti Holding has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Aforti Holding's Receivables Turnover compare to CTAS and GPN?
Aforti Holding's Receivables Turnover of 10.12 can be compared against companies in the Business Services industry. The industry median Receivables Turnover is 6.25. Aforti Holding's value of 10.12 is 61.9% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.25, based on 1,063 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. Aforti Holding's current Receivables Turnover of 10.12 is 61.9% 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 Aforti Holding and its competitors. For the Business Services industry, the median Receivables Turnover is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aforti Holding's current Receivables Turnover is 10.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aforti Holding stock overvalued right now?
Aforti Holding (WAR:AFH) has a current Receivables Turnover of 10.12. The stock's GF Value™ is zł7.67, compared to a current price of zł2.50 — trading 67.4% below its estimated fair value. The current Receivables Turnover is 10.12 and 61.9% above the Business Services industry median of 6.25. Aforti Holding's overall GF Score™ is 8/100 with 8 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 Aforti Holding (WAR:AFH), the current Receivables Turnover is 10.12 as of Mar. 2026. 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 Aforti Holding (WAR:AFH) Overvalued in 2026?

Based on GuruFocus' analysis, Aforti Holding stock appears to be undervalued. The current stock price of zł2.50 is trading 67.4% below its estimated GF Value™ of zł7.67.

Key valuation signals for WAR:AFH:

  • Receivables Turnover: 10.12
  • GF Value™: zł7.67 vs. price of zł2.50 (67.4% below fair value)
  • GF Score™: 8/100 with 8 warning signs
  • Industry Position: 61.9% above the Business Services median

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


Aforti Holding Business Description

Address ulica Chalubinskiego 8, Warszawa, POL, 00-613
Aforti Holding SA is a financial group that offers services in private and corporate finance. The company addresses the needs of Entrepreneurs as well as companies of the SME sector by offering a wide range of financial services that support business development, such as financing the company operations, online foreign exchange, management of liabilities, or factoring. It operates in Warsaw, Szczecin, Poznan, Cracow, Rzeszow, Rybnik, and Katowice.
8GF Score

Get the complete analysis for WAR:AFH

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

zł2.50
Price
zł7.67
GF Value