National Reinsurance of the Philippines (PHS:NRCP) Accounts Receivable: ₱8,612 Mil (As of Mar. 2026)

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PHS:NRCP National Reinsurance Corp of the Philippines PHS:NRCP
42 GF Score
Price ₱0.98
GF Value ₱0.61
Valuation Significantly Overvalued
! 3 Warning Signs
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What is National Reinsurance of the Philippines Accounts Receivable?

National Reinsurance of the Philippines PHS:NRCP 42 Accounts Receivable is ₱8,612 Mil as of Mar. 2026. GuruFocus rates PHS:NRCP with a GF Score™ of 42/100 and a GF Value™ of ₱0.61 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. National Reinsurance of the Philippines's accounts receivables for the quarter that ended in Mar. 2026 was ₱8,612 Mil.

Accounts receivable can be measured by Days Sales Outstanding. National Reinsurance of the Philippines's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 766.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. National Reinsurance of the Philippines's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₱-2.95.


National Reinsurance of the Philippines Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

National Reinsurance of the Philippines's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8611.608/1025.555*91
=766.23

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), National Reinsurance of the Philippines's accounts receivable are only considered to be worth 75% of book value:

National Reinsurance of the Philippines's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2319.311+0.75 * 8611.608+0.5 * 0-15049.538
-0-0)/2123.606
=-2.95

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


National Reinsurance of the Philippines Accounts Receivable Related Terms


National Reinsurance of the Philippines Accounts Receivable Historical Data

* Premium members only.

The historical data trend for National Reinsurance of the Philippines's Accounts Receivable 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.

National Reinsurance of the Philippines Accounts Receivable Chart

National Reinsurance of the Philippines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,911.48 7,175.47 7,690.46 8,050.62 8,669.26

National Reinsurance of the Philippines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Receivable 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 7,917.57 8,878.17 8,900.72 8,669.26 8,611.61
PHS:NRCP
42GF Score
National Reinsurance Corp of the Philippines PHS:NRCP
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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National Reinsurance of the Philippines Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ₱8,612 Mil mean?
National Reinsurance of the Philippines (PHS:NRCP) has a Accounts Receivable of ₱8,612 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on National Reinsurance of the Philippines and its competitors.
Is National Reinsurance of the Philippines' Accounts Receivable too high?
National Reinsurance of the Philippines' current Accounts Receivable is ₱8,612 Mil. Overall, National Reinsurance of the Philippines has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' Accounts Receivable compare to RGA and EG?
National Reinsurance of the Philippines' Accounts Receivable of ₱8,612 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Insurance company?
A good Accounts Receivable depends on the Insurance industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on National Reinsurance of the Philippines and its competitors. National Reinsurance of the Philippines's current Accounts Receivable is ₱8,612 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Reinsurance of the Philippines stock overvalued right now?
Based on GuruFocus' analysis, National Reinsurance of the Philippines (PHS:NRCP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.98 — trading 60.7% above its estimated fair value. The current Accounts Receivable is ₱8,612 Mil. National Reinsurance of the Philippines' overall GF Score™ is 42/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For National Reinsurance of the Philippines (PHS:NRCP), the current Accounts Receivable is ₱8,612 Mil 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 National Reinsurance of the Philippines (PHS:NRCP) Overvalued in 2026?

Based on GuruFocus' analysis, National Reinsurance of the Philippines stock appears to be overvalued. The current stock price of ₱0.98 is trading 60.7% above its estimated GF Value™ of ₱0.61. GuruFocus considers National Reinsurance of the Philippines to be Significantly Overvalued.

Key valuation signals for PHS:NRCP:

  • Accounts Receivable: ₱8,612 Mil
  • GF Value™: ₱0.61 vs. price of ₱0.98 (60.7% above fair value)
  • GF Score™: 42/100 with 3 warning signs

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


National Reinsurance of the Philippines Business Description

Address 6811 Ayala Avenue, 31st Floor, BPI AIA, Makati, PHL, 1227
National Reinsurance Corp of the Philippines engages in the provision of reinsurance products and services. It operates through the following businesses: life and non-life. The Life Business includes proportional insurance for individual, ordinary, and group businesses, as well as non-proportional insurance for catastrophe, an excess of loss, and stop loss. Non-Life Business provides insurance on fire, aviation, marine and aviation, casualty, motor, and others.
42GF Score

Get the complete analysis for PHS:NRCP

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

₱0.98
Price
₱0.61
GF Value