NCEW (New Century Logistics (BVI)) Receivables Turnover: 2.80 (As of Mar. 2026)

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NCEW New Century Logistics (BVI) Ltd NCEW
15 GF Score
Price $16.81
! 6 Warning Signs
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What is New Century Logistics (BVI) Receivables Turnover?

New Century Logistics (BVI) NCEW +3.77% 15 Receivables Turnover is 2.80 as of Mar. 2026. GuruFocus rates NCEW with a GF Score™ of 15/100. The stock has 6 warning signs investors should review. Among 996 Transportation companies, New Century Logistics (BVI) ranks worse than 84.64% 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. New Century Logistics (BVI)'s Revenue for the six months ended in Mar. 2026 was $28.56 Mil. New Century Logistics (BVI)'s average Accounts Receivable for the six months ended in Mar. 2026 was $10.19 Mil. Hence, New Century Logistics (BVI)'s Receivables Turnover for the six months ended in Mar. 2026 was 2.80.


New Century Logistics (BVI)  (NAS:NCEW) 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.


New Century Logistics (BVI) Receivables Turnover Related Terms


New Century Logistics (BVI) Receivables Turnover Historical Data

* Premium members only.

The historical data trend for New Century Logistics (BVI)'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.

New Century Logistics (BVI) Receivables Turnover Chart

New Century Logistics (BVI) Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
5.47 6.33 3.26 4.22 3.53

New Century Logistics (BVI) Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 2.00 1.84 2.09 2.80

NCEW vs JANL, CRGO, SFWL: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, New Century Logistics (BVI)'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.


New Century Logistics (BVI) Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, New Century Logistics (BVI)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where New Century Logistics (BVI)'s Receivables Turnover falls into.


NCEW
15GF Score
New Century Logistics (BVI) Ltd NCEW
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New Century Logistics (BVI) Receivables Turnover Calculation

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

New Century Logistics (BVI)'s Receivables Turnover for the fiscal year that ended in Sep. 2025 is calculated as

Receivables Turnover (A: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Sep. 2025 ) / ((Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Sep. 2025 )) / count )
=44.084 / ((13.238 + 11.765) / 2 )
=44.084 / 12.5015
=3.53

New Century Logistics (BVI)'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 )
=28.559 / ((11.765 + 8.612) / 2 )
=28.559 / 10.1885
=2.80

* 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 2.80 mean?
New Century Logistics (BVI) (NCEW) has a Receivables Turnover of 2.80 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 New Century Logistics (BVI) and its competitors. According to the industry distribution chart, New Century Logistics (BVI) ranks #843 out of 996 companies in the Transportation industry, placing it in the top 84.6%.
Is New Century Logistics (BVI)'s Receivables Turnover too high?
New Century Logistics (BVI)'s current Receivables Turnover is 2.80. The Transportation industry median Receivables Turnover is 7.74. New Century Logistics (BVI)'s value of 2.80 is 63.8% below this industry median. Based on the distribution chart, New Century Logistics (BVI) ranks #843 out of 996 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, New Century Logistics (BVI) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does New Century Logistics (BVI)'s Receivables Turnover compare to JANL and CRGO?
According to the Transportation industry distribution chart, New Century Logistics (BVI) ranks #843 out of 996 companies for Receivables Turnover. This places New Century Logistics (BVI) in the lower half of its industry. The industry median Receivables Turnover is 7.74. New Century Logistics (BVI)'s value of 2.80 is 63.8% 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 7.74, based on 996 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. New Century Logistics (BVI)'s current Receivables Turnover of 2.80 is 63.8% 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 New Century Logistics (BVI) and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Century Logistics (BVI)'s current Receivables Turnover is 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Century Logistics (BVI) stock overvalued right now?
New Century Logistics (BVI) (NCEW) has a current Receivables Turnover of 2.80. The current Receivables Turnover is 2.80 and 63.8% below the Transportation industry median of 7.74. New Century Logistics (BVI)'s overall GF Score™ is 15/100 with 6 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 New Century Logistics (BVI) (NCEW), the current Receivables Turnover is 2.80 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.

New Century Logistics (BVI) Business Description

Address 55 King Yip Street, Office A-E, 33rd Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
New Century Logistics (BVI) Ltd is a freight forwarding service provider based in Hong Kong. The company offers air and ocean export and import freight forwarding services, including the sale of cargo space, cargo pickup, off-airport air cargo security screening, palletization, preparation of shipping documentation, arrangement of customs clearance, and cargo handling at ports. It provides a full range of logistics services supported by a robust international network that facilitates the movement of customers goods. Its services include Project Cargo, Warehousing & Distribution, Ocean Freight Import & Export, and Air Freight Import & Export. The company operates in the British Virgin Islands and Hong Kong, with the majority of its revenue generated from Hong Kong.
15GF Score

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