Nictus (JSE:NCS) Receivables Turnover: 3.21 (As of Mar. 2026)

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JSE:NCS Nictus Ltd JSE:NCS
47 GF Score
Price R2.42
GF Value R1.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nictus Receivables Turnover?

Nictus JSE:NCS +2.98% 47 Receivables Turnover is 3.21 as of Mar. 2026. GuruFocus rates JSE:NCS with a GF Score™ of 47/100 and a GF Value™ of R1.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,109 Retail - Cyclical companies, Nictus ranks worse than 79.26% 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. Nictus's Revenue for the six months ended in Mar. 2026 was R22.78 Mil. Nictus's average Accounts Receivable for the six months ended in Mar. 2026 was R7.09 Mil. Hence, Nictus's Receivables Turnover for the six months ended in Mar. 2026 was 3.21.


Nictus  (JSE:NCS) 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.


Nictus Receivables Turnover Related Terms


Nictus Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nictus'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.

Nictus Receivables Turnover Chart

Nictus Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.23 4.17 4.85 8.71

Nictus Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover 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 2.20 2.14 2.39 2.85 3.21

JSE:NCS vs CASY, WSM, ULTA: Receivables Turnover Comparison

For the Specialty Retail subindustry, Nictus'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.


Nictus Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nictus's Receivables Turnover falls into.


JSE:NCS
47GF Score
Nictus Ltd JSE:NCS
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nictus Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Nictus's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=55.739 / ((10.89 + 1.904) / 2 )
=55.739 / 6.397
=8.71

Nictus's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=22.776 / ((12.269 + 1.904) / 2 )
=22.776 / 7.0865
=3.21

* 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 Receivables Turnover →
What does a Receivables Turnover of 3.21 mean?
Nictus (JSE:NCS) has a Receivables Turnover of 3.21 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 Nictus and its competitors. According to the industry distribution chart, Nictus ranks #879 out of 1109 companies in the Retail - Cyclical industry, placing it in the top 79.3%.
Is Nictus' Receivables Turnover too high?
Nictus' current Receivables Turnover is 3.21. The Retail - Cyclical industry median Receivables Turnover is 20.20. Nictus' value of 3.21 is 84.1% below this industry median. Based on the distribution chart, Nictus ranks #879 out of 1109 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Nictus has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nictus' Receivables Turnover compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Nictus ranks #879 out of 1109 companies for Receivables Turnover. This places Nictus in the lower half of its industry. The industry median Receivables Turnover is 20.20. Nictus' value of 3.21 is 84.1% 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 a Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 20.20, based on 1,109 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. Nictus's current Receivables Turnover of 3.21 is 84.1% 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 Nictus and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 20.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nictus's current Receivables Turnover is 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nictus stock overvalued right now?
Based on GuruFocus' analysis, Nictus (JSE:NCS) is currently considered Significantly Overvalued. The stock's GF Value™ is R1.18, compared to a current price of R2.42 — trading 105.1% above its estimated fair value. The current Receivables Turnover is 3.21 and 84.1% below the Retail - Cyclical industry median of 20.20. Nictus' overall GF Score™ is 47/100 with 4 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 Nictus (JSE:NCS), the current Receivables Turnover is 3.21 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 Nictus (JSE:NCS) Overvalued in 2026?

Based on GuruFocus' analysis, Nictus stock appears to be overvalued. The current stock price of R2.42 is trading 105.1% above its estimated GF Value™ of R1.18. GuruFocus considers Nictus to be Significantly Overvalued.

Key valuation signals for JSE:NCS:

  • Receivables Turnover: 3.21
  • GF Value™: R1.18 vs. price of R2.42 (105.1% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 84.1% below the Retail - Cyclical median (#879 of 1109)

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


Nictus Business Description

Address 392 Main Road, Block C, 1st Floor, The Main Straight Office Park, Bryanston, ZAF, 2191
Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.
47GF Score

Get the complete analysis for JSE:NCS

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

R2.42
Price
R1.18
GF Value