NEXE InnovationsNEXNF +2.11%32 Receivables Turnover is 1.58 as of Feb. 2026. GuruFocus rates NEXNF with a GF Score™ of 32/100. The stock has 2 warning signs investors should review. Among 392 Packaging & Containers companies, NEXE Innovations ranks better than 63.01% 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. NEXE Innovations's Revenue for the
three
months ended in Feb. 2026 was $0.11 Mil. NEXE Innovations's average Accounts Receivable for the
three
months ended in Feb. 2026 was $0.07 Mil.
Hence, NEXE Innovations's Receivables Turnover for the
three
months ended in Feb. 2026 was 1.58.
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.
NEXE Innovations Receivables Turnover Related Terms
NEXE Innovations Receivables Turnover Historical Data
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The historical data trend for NEXE Innovations'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.
NEXNF vs SW, PKG, IP: Receivables Turnover Comparison
For the Packaging & Containers subindustry, NEXE Innovations'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.
NEXE Innovations Receivables Turnover vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, NEXE Innovations's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where NEXE Innovations's Receivables Turnover falls into.
* 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.
NEXE Innovations (NEXNF) has a Receivables Turnover of 1.58 as of Feb. 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 NEXE Innovations and its competitors. According to the industry distribution chart, NEXE Innovations ranks #145 out of 392 companies in the Packaging & Containers industry, placing it in the top 37%.
Is NEXE Innovations' Receivables Turnover too high?
NEXE Innovations' current Receivables Turnover is 1.58. The Packaging & Containers industry median Receivables Turnover is 5.45. NEXE Innovations' value of 1.58 is 71% below this industry median. Based on the distribution chart, NEXE Innovations ranks #145 out of 392 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, NEXE Innovations has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does NEXE Innovations' Receivables Turnover compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, NEXE Innovations ranks #145 out of 392 companies for Receivables Turnover. This puts NEXE Innovations in the upper half of its industry. The industry median Receivables Turnover is 5.45. NEXE Innovations' value of 1.58 is 71% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.45, based on 392 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. NEXE Innovations's current Receivables Turnover of 1.58 is 71% 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 NEXE Innovations and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXE Innovations's current Receivables Turnover is 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXE Innovations stock overvalued right now?
NEXE Innovations (NEXNF) has a current Receivables Turnover of 1.58. The current Receivables Turnover is 1.58 and 71% below the Packaging & Containers industry median of 5.45. NEXE Innovations' overall GF Score™ is 32/100 with 2 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 NEXE Innovations (NEXNF), the current Receivables Turnover is 1.58 as of Feb. 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.
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing company based in British Columbia, Canada. The company has developed patented, fully compostable, plant-based single-serve coffee pods for use in single-serve coffee machines. The company is an innovator and manufacturer of fully compostable materials, revolutionizing the landscape of everyday consumer products and single-use items. The NEXE Pod is BPI compostable and complies with rigorous international standards for compostable materials.
32GF Score
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