Nickel Asia (PHS:NIKL) Change In Receivables: ₱-346 Mil (TTM As of Mar. 2026)

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PHS:NIKL Nickel Asia Corp PHS:NIKL
92 GF Score
Price ₱4.20
GF Value ₱4.93
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nickel Asia Change In Receivables?

Nickel Asia PHS:NIKL +1.94% 92 Change In Receivables is ₱-346 Mil as of Mar. 2026. GuruFocus rates PHS:NIKL with a GF Score™ of 92/100 and a GF Value™ of ₱4.93 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Nickel Asia's change in receivables for the quarter that ended in Mar. 2026 was ₱466 Mil. It means Nickel Asia's Accounts Receivable declined by ₱466 Mil from Dec. 2025 to Mar. 2026 .

Nickel Asia's change in receivables for the fiscal year that ended in Dec. 2025 was ₱-1,035 Mil. It means Nickel Asia's Accounts Receivable increased by ₱1,035 Mil from Dec. 2024 to Dec. 2025 .

Nickel Asia's Accounts Receivable for the quarter that ended in Mar. 2026 was ₱866 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. Nickel Asia's Days Sales Outstanding for the three months ended in Mar. 2026 was 25.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nickel Asia's liquidation value for the three months ended in Mar. 2026 was ₱-4,846 Mil.


Nickel Asia  (PHS:NIKL) 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.

Nickel Asia's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=866.224/3056.657*91
=25.86

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

Nickel Asia's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12450.265-19683.962+0.75 * 866.224+0.5 * 3475.094
=-4,846

* 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.


Nickel Asia Change In Receivables Related Terms


Nickel Asia Change In Receivables Historical Data

* Premium members only.

The historical data trend for Nickel Asia'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.

Nickel Asia Change In Receivables Chart

Nickel Asia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -333.08 -1,161.40 1,131.74 240.63 -1,035.26

Nickel Asia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 -223.14 -1,123.78 808.55 -496.89 465.92
PHS:NIKL
92GF Score
Nickel Asia Corp PHS:NIKL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Asia 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.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-346 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 ₱-346 Mil mean?
Nickel Asia (PHS:NIKL) has a Change In Receivables of ₱-346 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Nickel Asia and its competitors.
Is Nickel Asia's Change In Receivables too high?
Nickel Asia's current Change In Receivables is ₱-346 Mil. Overall, Nickel Asia has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Change In Receivables compare to competitors?
Nickel Asia's Change In Receivables of ₱-346 Mil can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining 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 Nickel Asia and its competitors. Nickel Asia's current Change In Receivables is ₱-346 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (PHS:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.93, compared to a current price of ₱4.20 — trading 14.8% below its estimated fair value. The current Change In Receivables is ₱-346 Mil. Nickel Asia's overall GF Score™ is 92/100 with 3 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 Nickel Asia (PHS:NIKL), the current Change In Receivables is ₱-346 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 Nickel Asia (PHS:NIKL) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued. The current stock price of ₱4.20 is trading 14.8% below its estimated GF Value™ of ₱4.93. GuruFocus considers Nickel Asia to be Modestly Undervalued.

Key valuation signals for PHS:NIKL:

  • Change In Receivables: ₱-346 Mil
  • GF Value™: ₱4.93 vs. price of ₱4.20 (14.8% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


Nickel Asia Business Description

Other Exchanges NCKAF:USA
Address 32nd Street, Bonifacio Global City, 28th Floor, NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
92GF Score

Get the complete analysis for PHS:NIKL

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

₱4.20
Price
₱4.93
GF Value