NICO Holdings (MSW:NICO) Change In Receivables: MWK-289,581 Mil (TTM As of Dec. 2025)

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MSW:NICO NICO Holdings PLC MSW:NICO
77 GF Score
Price MWK1,350.00
GF Value MWK1,266.32
Valuation Fairly Valued
! 2 Warning Signs
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What is NICO Holdings Change In Receivables?

NICO Holdings MSW:NICO -9.41% 77 Change In Receivables is MWK-289,581 Mil as of Dec. 2025. GuruFocus rates MSW:NICO with a GF Score™ of 77/100 and a GF Value™ of MWK1,266.32 (Fairly Valued). The stock has 2 warning signs investors should review.

NICO Holdings's change in receivables for the quarter that ended in Dec. 2025 was MWK-289,581 Mil. It means NICO Holdings's Accounts Receivable increased by MWK289,581 Mil from Dec. 2024 to Dec. 2025 .

NICO Holdings's change in receivables for the fiscal year that ended in Dec. 2025 was MWK-289,581 Mil. It means NICO Holdings's Accounts Receivable increased by MWK289,581 Mil from Dec. 2024 to Dec. 2025 .

NICO Holdings's Accounts Receivable for the quarter that ended in Dec. 2025 was MWK32,884 Mil.

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 Receivable are being managed. NICO Holdings's Days Sales Outstanding for the six months ended in Dec. 2025 was 3.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NICO Holdings's liquidation value for the six months ended in Dec. 2025 was MWK-2,985,957 Mil.


NICO Holdings  (MSW:NICO) Change In Receivables 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 Receivable are being managed.

NICO Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=32884/1508266.714*91
=3.98

2. In Ben Graham's calculation of liquidation value, NICO Holdings's accounts receivable are only considered to be worth 75% of book value:

NICO Holdings's liquidation value for the quarter that ended in Dec. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=651389.643-3662009.895+0.75 * 32884+0.5 * 0
=-2,985,957

* 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.


NICO Holdings Change In Receivables Related Terms


NICO Holdings Change In Receivables Historical Data

* Premium members only.

The historical data trend for NICO Holdings's Change In Receivables 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.

NICO Holdings Change In Receivables Chart

NICO Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec24 Dec25
Change In Receivables
0.00 0.00 0.00 -118,648.97 -289,580.98

NICO Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec24 Dec25
Change In Receivables 0.00 0.00 0.00 -118,648.97 -289,580.98
MSW:NICO
77GF Score
NICO Holdings PLC MSW:NICO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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NICO Holdings Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2025 was MWK-289,581 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of MWK-289,581 Mil mean?
NICO Holdings (MSW:NICO) has a Change In Receivables of MWK-289,581 Mil as of Dec. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for NICO Holdings and its competitors.
Is NICO Holdings' Change In Receivables too high?
NICO Holdings' current Change In Receivables is MWK-289,581 Mil. Overall, NICO Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NICO Holdings' Change In Receivables compare to BRK.A and AIG?
NICO Holdings' Change In Receivables of MWK-289,581 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 Change In Receivables for an Insurance company?
A good Change In Receivables depends on the Insurance industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for NICO Holdings and its competitors. NICO Holdings's current Change In Receivables is MWK-289,581 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NICO Holdings stock overvalued right now?
Based on GuruFocus' analysis, NICO Holdings (MSW:NICO) is currently considered Fairly Valued. The stock's GF Value™ is MWK1,266.32, compared to a current price of MWK1,350.00 — trading 6.6% above its estimated fair value. The current Change In Receivables is MWK-289,581 Mil. NICO Holdings' overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For NICO Holdings (MSW:NICO), the current Change In Receivables is MWK-289,581 Mil 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 NICO Holdings (MSW:NICO) Overvalued in 2026?

Based on GuruFocus' analysis, NICO Holdings stock appears to be overvalued. The current stock price of MWK1,350.00 is trading 6.6% above its estimated GF Value™ of MWK1,266.32. GuruFocus considers NICO Holdings to be Fairly Valued.

Key valuation signals for MSW:NICO:

  • Change In Receivables: MWK-289,581 Mil
  • GF Value™: MWK1,266.32 vs. price of MWK1,350.00 (6.6% above fair value)
  • GF Score™: 77/100 with 2 warning signs

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


NICO Holdings Business Description

Address Chibisa House-19 Glyn Jones Road, PO Box 501, Blantyre, MWI
NICO Holdings PLC is a Malawi-based financial service company that operates in diversified business. Its segments include Life Insurance and Pension, General Insurance business, Banking business, Investment Holding, Asset Management, and Information Technology. Its general insurance segment offers personal and commercial insurance covering motor vehicle, building, road construction, liability, engineering, professional indemnity, marine hull & cargo, fire, and personal accidents throughout Malawi, Zambia, Tanzania, and Uganda. In contrast, life insurance and pension products including Endowment Assurance are offered in Malawi and Mozambique. The majority of the revenue is earned from the Insurance sector. while its Asset Management and Banking segments only operate in Malawi.
77GF Score

Get the complete analysis for MSW:NICO

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

MWK1,350.00
Price
MWK1,266.32
GF Value