National GridCHIX:NGL -0.14%73 Receivables Turnover is 3.59 as of Mar. 2026. GuruFocus rates CHIX:NGL with a GF Score™ of 73/100 and a GF Value™ of £7.46 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 496 Utilities - Regulated companies, National Grid ranks worse than 57.46% on this metric.
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. National Grid's Revenue for the
six
months ended in Mar. 2026 was £10,622 Mil. National Grid's average Accounts Receivable for the
six
months ended in Mar. 2026 was £2,961 Mil.
Hence, National Grid's Receivables Turnover for the
six
months ended in Mar. 2026 was 3.59.
National Grid (CHIX:NGl) 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.
National Grid Receivables Turnover Related Terms
National Grid Receivables Turnover Historical Data
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The historical data trend for National Grid'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.
CHIX:NGL vs NEE, SO, DUK: Receivables Turnover Comparison
For the Utilities - Regulated Electric subindustry, National Grid'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.
National Grid Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Grid's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where National Grid's Receivables Turnover falls into.
* 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 Grid (CHIX:NGL) has a Receivables Turnover of 3.59 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 National Grid and its competitors. According to the industry distribution chart, National Grid ranks #285 out of 496 companies in the Utilities - Regulated industry, placing it in the top 57.5%.
Is National Grid's Receivables Turnover too high?
National Grid's current Receivables Turnover is 3.59. The Utilities - Regulated industry median Receivables Turnover is 6.77. National Grid's value of 3.59 is 46.9% below this industry median. Based on the distribution chart, National Grid ranks #285 out of 496 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, National Grid has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Grid's Receivables Turnover compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, National Grid ranks #285 out of 496 companies for Receivables Turnover. This places National Grid in the lower half of its industry. The industry median Receivables Turnover is 6.77. National Grid's value of 3.59 is 46.9% below 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.77, based on 496 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. National Grid's current Receivables Turnover of 3.59 is 46.9% below 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 National Grid and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Grid's current Receivables Turnover is 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Grid stock overvalued right now?
Based on GuruFocus' analysis, National Grid (CHIX:NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is £7.46, compared to a current price of £12.30 — trading 64.8% above its estimated fair value. The current Receivables Turnover is 3.59 and 46.9% below the Utilities - Regulated industry median of 6.77. National Grid's overall GF Score™ is 73/100 with 5 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 National Grid (CHIX:NGL), the current Receivables Turnover is 3.59 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 Grid (CHIX:NGL) Overvalued in 2026?
Based on GuruFocus' analysis, National Grid stock appears to be overvalued.
The current stock price of £12.30 is trading 64.8% above its estimated GF Value™ of £7.46.
GuruFocus considers National Grid to be Significantly Overvalued.
Key valuation signals for CHIX:NGL:
Receivables Turnover: 3.59
GF Value™: £7.46 vs. price of £12.30 (64.8% above fair value)
Industry Position: 46.9% below the Utilities - Regulated median (#285 of 496)
No single metric tells the full story. See the CHIX:NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission electricity networks in the United States, metering services and merchant transmission lines in the UK.
73GF Score
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