BOC Kenya (NAI:BOC) Receivables Turnover: 3.14 (As of Dec. 2025)

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NAI:BOC BOC Kenya PLC NAI:BOC
72 GF Score
Price KES179.75
GF Value KES90.35
Valuation Significantly Overvalued
! 4 Warning Signs
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What is BOC Kenya Receivables Turnover?

BOC Kenya NAI:BOC +0.28% 72 Receivables Turnover is 3.14 as of Dec. 2025. GuruFocus rates NAI:BOC with a GF Score™ of 72/100 and a GF Value™ of KES90.35 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,580 Chemicals companies, BOC Kenya ranks worse than 88.16% 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. BOC Kenya's Revenue for the six months ended in Dec. 2025 was KES1,427 Mil. BOC Kenya's average Accounts Receivable for the six months ended in Dec. 2025 was KES455 Mil. Hence, BOC Kenya's Receivables Turnover for the six months ended in Dec. 2025 was 3.14.


BOC Kenya  (NAI:BOC) 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.


BOC Kenya Receivables Turnover Related Terms


BOC Kenya Receivables Turnover Historical Data

* Premium members only.

The historical data trend for BOC Kenya'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.

BOC Kenya Receivables Turnover Chart

BOC Kenya Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 2.96 3.45 2.78 3.14

BOC Kenya Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 3.51 2.96 3.45 2.78 3.14

NAI:BOC vs DOW: Receivables Turnover Comparison

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Receivables Turnover distribution charts can be found below:

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


NAI:BOC
72GF Score
BOC Kenya PLC NAI:BOC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BOC Kenya Receivables Turnover Calculation

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

BOC Kenya's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=1427.046 / ((458.587 + 451.541) / 2 )
=1427.046 / 455.064
=3.14

BOC Kenya's Receivables Turnover for the quarter that ended in Dec. 2025 is calculated as

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=1427.046 / ((458.587 + 451.541) / 2 )
=1427.046 / 455.064
=3.14

* 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 3.14 mean?
BOC Kenya (NAI:BOC) has a Receivables Turnover of 3.14 as of Dec. 2025. 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 BOC Kenya and its competitors. According to the industry distribution chart, BOC Kenya ranks #1393 out of 1580 companies in the Chemicals industry, placing it in the top 88.2%.
Is BOC Kenya's Receivables Turnover too high?
BOC Kenya's current Receivables Turnover is 3.14. The Chemicals industry median Receivables Turnover is 5.64. BOC Kenya's value of 3.14 is 44.3% below this industry median. Based on the distribution chart, BOC Kenya ranks #1393 out of 1580 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, BOC Kenya has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BOC Kenya's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, BOC Kenya ranks #1393 out of 1580 companies for Receivables Turnover. This places BOC Kenya in the lower half of its industry. The industry median Receivables Turnover is 5.64. BOC Kenya's value of 3.14 is 44.3% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.64, based on 1,580 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. BOC Kenya's current Receivables Turnover of 3.14 is 44.3% 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 BOC Kenya and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BOC Kenya's current Receivables Turnover is 3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BOC Kenya stock overvalued right now?
Based on GuruFocus' analysis, BOC Kenya (NAI:BOC) is currently considered Significantly Overvalued. The stock's GF Value™ is KES90.35, compared to a current price of KES179.75 — trading 98.9% above its estimated fair value. The current Receivables Turnover is 3.14 and 44.3% below the Chemicals industry median of 5.64. BOC Kenya's overall GF Score™ is 72/100 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 BOC Kenya (NAI:BOC), the current Receivables Turnover is 3.14 as of Dec. 2025. 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 BOC Kenya (NAI:BOC) Overvalued in 2026?

Based on GuruFocus' analysis, BOC Kenya stock appears to be overvalued. The current stock price of KES179.75 is trading 98.9% above its estimated GF Value™ of KES90.35. GuruFocus considers BOC Kenya to be Significantly Overvalued.

Key valuation signals for NAI:BOC:

  • Receivables Turnover: 3.14
  • GF Value™: KES90.35 vs. price of KES179.75 (98.9% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 44.3% below the Chemicals median (#1393 of 1580)

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


BOC Kenya Business Description

Address 14 Kitui Road, off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is involved in the manufacture and sale of industrial and medical gases and welding products. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates the majority of its revenue from the sale of medical and industrial gases.
72GF Score

Get the complete analysis for NAI:BOC

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

KES179.75
Price
KES90.35
GF Value