Pakistan National Shipping (KAR:PNSC) Receivables Turnover: 3.22 (As of Mar. 2026)

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KAR:PNSC Pakistan National Shipping Corp Ltd KAR:PNSC
81 GF Score
Price ₨556.19
GF Value ₨302.66
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Pakistan National Shipping Receivables Turnover?

Pakistan National Shipping KAR:PNSC +0.24% 81 Receivables Turnover is 3.22 as of Mar. 2026. GuruFocus rates KAR:PNSC with a GF Score™ of 81/100 and a GF Value™ of ₨302.66 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 999 Transportation companies, Pakistan National Shipping ranks better than 69.17% 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. Pakistan National Shipping's Revenue for the three months ended in Mar. 2026 was ₨15,740 Mil. Pakistan National Shipping's average Accounts Receivable for the three months ended in Mar. 2026 was ₨4,893 Mil. Hence, Pakistan National Shipping's Receivables Turnover for the three months ended in Mar. 2026 was 3.22.


Pakistan National Shipping  (KAR:PNSC) 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.


Pakistan National Shipping Receivables Turnover Related Terms


Pakistan National Shipping Receivables Turnover Historical Data

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The historical data trend for Pakistan National Shipping'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.

Pakistan National Shipping Receivables Turnover Chart

Pakistan National Shipping Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.15 6.67 9.68 9.47 10.31

Pakistan National Shipping Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 2.60 2.65 2.72 2.49 3.22

KAR:PNSC vs KEX: Receivables Turnover Comparison

For the Marine Shipping subindustry, Pakistan National Shipping'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.


Pakistan National Shipping Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Pakistan National Shipping's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Pakistan National Shipping's Receivables Turnover falls into.


KAR:PNSC
81GF Score
Pakistan National Shipping Corp Ltd KAR:PNSC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Pakistan National Shipping Receivables Turnover Calculation

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

Pakistan National Shipping's Receivables Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Receivables Turnover (A: Jun. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2025 ) / ((Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Jun. 2025 )) / count )
=37637.416 / ((3825.726 + 3472.311) / 2 )
=37637.416 / 3649.0185
=10.31

Pakistan National Shipping'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=15740.275 / ((4390.729 + 5395.902) / 2 )
=15740.275 / 4893.3155
=3.22

* 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 3.22 mean?
Pakistan National Shipping (KAR:PNSC) has a Receivables Turnover of 3.22 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 Pakistan National Shipping and its competitors. According to the industry distribution chart, Pakistan National Shipping ranks #308 out of 999 companies in the Transportation industry, placing it in the top 30.8%.
Is Pakistan National Shipping's Receivables Turnover too high?
Pakistan National Shipping's current Receivables Turnover is 3.22. The Transportation industry median Receivables Turnover is 7.73. Pakistan National Shipping's value of 3.22 is 58.3% below this industry median. Based on the distribution chart, Pakistan National Shipping ranks #308 out of 999 companies in the Transportation industry, which is above the industry midpoint. Overall, Pakistan National Shipping has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan National Shipping's Receivables Turnover compare to KEX?
According to the Transportation industry distribution chart, Pakistan National Shipping ranks #308 out of 999 companies for Receivables Turnover. This puts Pakistan National Shipping in the upper half of its industry. The industry median Receivables Turnover is 7.73. Pakistan National Shipping's value of 3.22 is 58.3% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.73, based on 999 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. Pakistan National Shipping's current Receivables Turnover of 3.22 is 58.3% 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 Pakistan National Shipping and its competitors. For the Transportation industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan National Shipping's current Receivables Turnover is 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan National Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pakistan National Shipping (KAR:PNSC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨302.66, compared to a current price of ₨556.19 — trading 83.8% above its estimated fair value. The current Receivables Turnover is 3.22 and 58.3% below the Transportation industry median of 7.73. Pakistan National Shipping's overall GF Score™ is 81/100 with 3 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 Pakistan National Shipping (KAR:PNSC), the current Receivables Turnover is 3.22 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 Pakistan National Shipping (KAR:PNSC) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan National Shipping stock appears to be overvalued. The current stock price of ₨556.19 is trading 83.8% above its estimated GF Value™ of ₨302.66. GuruFocus considers Pakistan National Shipping to be Significantly Overvalued.

Key valuation signals for KAR:PNSC:

  • Receivables Turnover: 3.22
  • GF Value™: ₨302.66 vs. price of ₨556.19 (83.8% above fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 58.3% below the Transportation median (#308 of 999)

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


Pakistan National Shipping Business Description

Address PNSC Building, Moulvi Tamizuddin Khan Road, P.O. BOX No. 5350, Karachi, SD, PAK, 74000
Pakistan National Shipping Corp Ltd, the Holding Company, its subsidiary, and an associate operate in Pakistan's maritime industry. The Group focuses on shipping, vessel chartering, cargo transportation, and property leasing. As the national flag carrier, the company operates a varied fleet, including tankers for energy transport and bulk carriers for transporting a wide range of dry commodities such as iron, fertilizers, coal, and grain. The company also provides comprehensive services such as ocean freight, container shipping, marine and port services, technical support, and leasing solutions. Its key business segments include dry cargo, liquid cargo, and slot charter/break bulk.
81GF Score

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

₨556.19
Price
₨302.66
GF Value