East African Portland Cement (NAI:PORT) Receivables Turnover: 129.29 (As of Jun. 2024)

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NAI:PORT East African Portland Cement NAI:PORT
19 GF Score
Price KES119.75
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What is East African Portland Cement Receivables Turnover?

East African Portland Cement NAI:PORT +1.05% 19 Receivables Turnover is 129.29 as of Jun. 2024. GuruFocus rates NAI:PORT with a GF Score™ of 19/100.

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. East African Portland Cement's Revenue for the six months ended in Jun. 2024 was KES3,279 Mil. East African Portland Cement's average Accounts Receivable for the six months ended in Jun. 2024 was KES25 Mil. Hence, East African Portland Cement's Receivables Turnover for the six months ended in Jun. 2024 was 129.29.


East African Portland Cement  (NAI:PORT) 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.


East African Portland Cement Receivables Turnover Related Terms


East African Portland Cement Receivables Turnover Historical Data

* Premium members only.

The historical data trend for East African Portland Cement'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.

East African Portland Cement Receivables Turnover Chart

East African Portland Cement Annual Data
Trend Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only 19.22 27.68 23.00 287.16 129.29

East African Portland Cement Semi-Annual Data
Jun11 Jun12 Jun15 Jun16 Jun17 Jun18 Jun22 Jun23 Jun24
Receivables Turnover Get a 7-Day Free Trial Premium Member Only 19.22 27.68 23.00 287.16 129.29

NAI:PORT vs CRH, MLM, VMC: Receivables Turnover Comparison

For the Building Materials subindustry, East African Portland Cement'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.


East African Portland Cement Receivables Turnover vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, East African Portland Cement's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where East African Portland Cement's Receivables Turnover falls into.


NAI:PORT
19GF Score
East African Portland Cement NAI:PORT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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East African Portland Cement Receivables Turnover Calculation

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

East African Portland Cement's Receivables Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Receivables Turnover (A: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Jun. 2024 ) / ((Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count )
=3279.053 / ((13.21 + 37.513) / 2 )
=3279.053 / 25.3615
=129.29

East African Portland Cement's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

Receivables Turnover (Q: Jun. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2024 ) / ((Accounts Receivable (Q: Jun. 2023 ) + Accounts Receivable (Q: Jun. 2024 )) / count )
=3279.053 / ((13.21 + 37.513) / 2 )
=3279.053 / 25.3615
=129.29

* 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 129.29 mean?
East African Portland Cement (NAI:PORT) has a Receivables Turnover of 129.29 as of Jun. 2024. 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 East African Portland Cement and its competitors.
Is East African Portland Cement's Receivables Turnover too high?
East African Portland Cement's current Receivables Turnover is 129.29. The Building Materials industry median Receivables Turnover is 6.34. East African Portland Cement's value of 129.29 is 1939.3% above this industry median. Overall, East African Portland Cement has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does East African Portland Cement's Receivables Turnover compare to CRH and MLM?
East African Portland Cement's Receivables Turnover of 129.29 can be compared against companies in the Building Materials industry. The industry median Receivables Turnover is 6.34. East African Portland Cement's value of 129.29 is 1939.3% above 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.34, based on 405 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. East African Portland Cement's current Receivables Turnover of 129.29 is 1939.3% above 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 East African Portland Cement and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East African Portland Cement's current Receivables Turnover is 129.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Portland Cement stock overvalued right now?
East African Portland Cement (NAI:PORT) has a current Receivables Turnover of 129.29. The current Receivables Turnover is 129.29 and 1939.3% above the Building Materials industry median of 6.34. East African Portland Cement's overall GF Score™ is 19/100. 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 East African Portland Cement (NAI:PORT), the current Receivables Turnover is 129.29 as of Jun. 2024. 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.

East African Portland Cement Business Description

Address Namanga Road, Off Mombasa Road, P. O. Box 40101 - 00100, L R 337/113/1, Nairobi, KEN
East African Portland Cement is a Kenya based company engaged in the manufacturing of cement. The company serves many key areas, including housing, education, health, tourism, transport, and communication. Geographically, it operates through the region of the local market of Kenya and the regional market of East Africa, of which the local market of Kenya generates a majority of revenue. Its product portfolio includes PPC, Ordinary Portland Cement (OPC), and Paving Blocks.
19GF Score

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

KES119.75
Price