National Reinsurance of the Philippines (PHS:NRCP) Change In Receivables: ₱-781 Mil (TTM As of Mar. 2026)


PHS:NRCP National Reinsurance Corp of the Philippines PHS:NRCP
43 GF Score
Price ₱0.94
GF Value ₱0.61
Valuation Significantly Overvalued
! 2 Warning Signs
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What is National Reinsurance of the Philippines Change In Receivables?

National Reinsurance of the Philippines PHS:NRCP -1.05% 43 Change In Receivables is ₱-781 Mil as of Mar. 2026. GuruFocus rates PHS:NRCP with a GF Score™ of 43/100 and a GF Value™ of ₱0.61 (Significantly Overvalued). The stock has 2 warning signs investors should review.

National Reinsurance of the Philippines's change in receivables for the quarter that ended in Mar. 2026 was ₱43 Mil. It means National Reinsurance of the Philippines's Accounts Receivable declined by ₱43 Mil from Dec. 2025 to Mar. 2026 .

National Reinsurance of the Philippines's change in receivables for the fiscal year that ended in Dec. 2025 was ₱-538 Mil. It means National Reinsurance of the Philippines's Accounts Receivable increased by ₱538 Mil from Dec. 2024 to Dec. 2025 .

National Reinsurance of the Philippines's Accounts Receivable for the quarter that ended in Mar. 2026 was ₱8,612 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. National Reinsurance of the Philippines's Days Sales Outstanding for the three months ended in Mar. 2026 was 766.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. National Reinsurance of the Philippines's liquidation value for the three months ended in Mar. 2026 was ₱-6,272 Mil.

National Reinsurance of the Philippines  (PHS:NRCP) 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.

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 liquidation value, National Reinsurance of the Philippines's accounts receivable are only considered to be worth 75% of book value:

National Reinsurance of the Philippines'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)
=2319.311-15049.538+0.75 * 8611.608+0.5 * 0
=-6,272

* 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 Change In Receivables Related Terms

National Reinsurance of the Philippines Change In Receivables Historical Data

* Premium members only.

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

National Reinsurance of the Philippines Change In Receivables Chart

National Reinsurance of the Philippines 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 -38.89 -1,006.28 -1,029.71 -602.78 -538.19

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
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 286.18 -728.90 -167.64 72.17 43.21
PHS:NRCP
43GF Score
National Reinsurance Corp of the Philippines PHS:NRCP
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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National Reinsurance of the Philippines 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 ₱-781 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 ₱-781 Mil mean?
National Reinsurance of the Philippines (PHS:NRCP) has a Change In Receivables of ₱-781 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for National Reinsurance of the Philippines and its competitors.
Is National Reinsurance of the Philippines' Change In Receivables too high?
National Reinsurance of the Philippines' current Change In Receivables is ₱-781 Mil. Overall, National Reinsurance of the Philippines has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Reinsurance of the Philippines' Change In Receivables compare to RGA and EG?
National Reinsurance of the Philippines' Change In Receivables of ₱-781 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 National Reinsurance of the Philippines and its competitors. National Reinsurance of the Philippines's current Change In Receivables is ₱-781 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 ₱0.94 — trading 54.1% above its estimated fair value. The current Change In Receivables is ₱-781 Mil. National Reinsurance of the Philippines' overall GF Score™ is 43/100 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 National Reinsurance of the Philippines (PHS:NRCP), the current Change In Receivables is ₱-781 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 ₱0.94 is trading 54.1% 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:

  • Change In Receivables: ₱-781 Mil
  • GF Value™: ₱0.61 vs. price of ₱0.94 (54.1% above fair value)
  • GF Score™: 43/100 with 2 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.
43GF Score

Get the complete analysis for PHS:NRCP

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

₱0.94
Price
₱0.61
GF Value