NCHGF (Nam Cheong) Receivables Turnover: 0.77 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NCHGF Nam Cheong Ltd NCHGF
56 GF Score
Price $0.09
GF Value $0.02
! 3 Warning Signs
View Full Analysis

What is Nam Cheong Receivables Turnover?

Nam Cheong NCHGF 56 Receivables Turnover is 0.77 as of Mar. 2026. GuruFocus rates NCHGF with a GF Score™ of 56/100 and a GF Value™ of $0.02. The stock has 3 warning signs investors should review. Among 347 Aerospace & Defense companies, Nam Cheong ranks worse than 71.76% 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. Nam Cheong's Revenue for the three months ended in Mar. 2026 was $29.9 Mil. Nam Cheong's average Accounts Receivable for the three months ended in Mar. 2026 was $38.6 Mil. Hence, Nam Cheong's Receivables Turnover for the three months ended in Mar. 2026 was 0.77.


Nam Cheong  (OTCPK:NCHGF) 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.


Nam Cheong Receivables Turnover Related Terms


Nam Cheong Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nam Cheong'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.

Nam Cheong Receivables Turnover Chart

Nam Cheong 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 2.29 2.12 2.28 3.18 3.46

Nam Cheong 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 0.62 0.86 0.75 0.88 0.77

NCHGF vs SPCX, GE, RTX: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Nam Cheong'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.


Nam Cheong Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Nam Cheong's Receivables Turnover distribution charts can be found below:

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


NCHGF
56GF Score
Nam Cheong Ltd NCHGF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nam Cheong Receivables Turnover Calculation

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

Nam Cheong'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 )
=151.628 / ((47.965 + 39.672) / 2 )
=151.628 / 43.8185
=3.46

Nam Cheong'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 )
=29.858 / ((39.672 + 37.484) / 2 )
=29.858 / 38.578
=0.77

* 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 0.77 mean?
Nam Cheong (NCHGF) has a Receivables Turnover of 0.77 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 Nam Cheong and its competitors. According to the industry distribution chart, Nam Cheong ranks #249 out of 347 companies in the Aerospace & Defense industry, placing it in the top 71.8%.
Is Nam Cheong's Receivables Turnover too high?
Nam Cheong's current Receivables Turnover is 0.77. The Aerospace & Defense industry median Receivables Turnover is 5.63. Nam Cheong's value of 0.77 is 86.3% below this industry median. Based on the distribution chart, Nam Cheong ranks #249 out of 347 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Nam Cheong has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Nam Cheong's Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Nam Cheong ranks #249 out of 347 companies for Receivables Turnover. This places Nam Cheong in the lower half of its industry. The industry median Receivables Turnover is 5.63. Nam Cheong's value of 0.77 is 86.3% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.63, based on 347 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. Nam Cheong's current Receivables Turnover of 0.77 is 86.3% 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 Nam Cheong and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nam Cheong's current Receivables Turnover is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nam Cheong stock overvalued right now?
Nam Cheong (NCHGF) has a current Receivables Turnover of 0.77. The stock's GF Value™ is $0.02, compared to a current price of $0.09 — trading 360% above its estimated fair value. The current Receivables Turnover is 0.77 and 86.3% below the Aerospace & Defense industry median of 5.63. Nam Cheong's overall GF Score™ is 56/100 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 Nam Cheong (NCHGF), the current Receivables Turnover is 0.77 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 Nam Cheong (NCHGF) Overvalued in 2026?

Based on GuruFocus' analysis, Nam Cheong stock appears to be overvalued. The current stock price of $0.09 is trading 360% above its estimated GF Value™ of $0.02.

Key valuation signals for NCHGF:

  • Receivables Turnover: 0.77
  • GF Value™: $0.02 vs. price of $0.09 (360% above fair value)
  • GF Score™: 56/100 with 3 warning signs
  • Industry Position: 86.3% below the Aerospace & Defense median (#249 of 347)

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


Nam Cheong Business Description

Other Exchanges 1MZ:Singapore
Address 9 Raffles Place, No. 26-01 Republic Plaza, Singapore, SGP, 048619
Nam Cheong Ltd along is an offshore marine group specializing in the building of offshore support vessels. The company's operating segment includes Shipbuilding; Vessel chartering and others. It generates maximum revenue from the Vessel chartering segment. Geographically, it derives a majority of its revenue from Malaysia. Its fleet comprises Anchor Handling Tug Supply (AHTS) vessels, Platform Supply Vessels (PSV), Accommodation Work Barges (AWB), Maintenance Work Vessels (MWV), Safety Supply Vessels (SSV), and landing crafts, and Fast Crew Boat (FCB).
56GF Score

Get the complete analysis for NCHGF

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

$0.09
Price
$0.02
GF Value