NGVC (Natural Grocers by Vitamin Cottage) Receivables Turnover: 29.28 (As of Mar. 2026)


NGVC Natural Grocers by Vitamin Cottage Inc NGVC
86 GF Score
Price $32.60
GF Value $27.31
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Grocers by Vitamin Cottage Receivables Turnover?

Natural Grocers by Vitamin Cottage NGVC +2.29% 86 Receivables Turnover is 29.28 as of Mar. 2026. GuruFocus rates NGVC with a GF Score™ of 86/100 and a GF Value™ of $27.31 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 301 Retail - Defensive companies, Natural Grocers by Vitamin Cottage ranks better than 89.04% 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. Natural Grocers by Vitamin Cottage's Revenue for the three months ended in Mar. 2026 was $337 Mil. Natural Grocers by Vitamin Cottage's average Accounts Receivable for the three months ended in Mar. 2026 was $12 Mil. Hence, Natural Grocers by Vitamin Cottage's Receivables Turnover for the three months ended in Mar. 2026 was 29.28.


Natural Grocers by Vitamin Cottage  (NYSE:NGVC) 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.


Natural Grocers by Vitamin Cottage Receivables Turnover Related Terms


Natural Grocers by Vitamin Cottage Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Natural Grocers by Vitamin Cottage'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.

Natural Grocers by Vitamin Cottage Receivables Turnover Chart

Natural Grocers by Vitamin Cottage Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.12 114.79 107.13 106.09 108.30

Natural Grocers by Vitamin Cottage 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 27.59 26.03 27.13 30.62 29.28

NGVC vs YSWY, VLGEA, DNUT: Receivables Turnover Comparison

For the Grocery Stores subindustry, Natural Grocers by Vitamin Cottage'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.


Natural Grocers by Vitamin Cottage Receivables Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Natural Grocers by Vitamin Cottage's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Natural Grocers by Vitamin Cottage's Receivables Turnover falls into.


NGVC
86GF Score
Natural Grocers by Vitamin Cottage Inc NGVC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Grocers by Vitamin Cottage Receivables Turnover Calculation

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

Natural Grocers by Vitamin Cottage'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 )
=1330.836 / ((12.61 + 11.966) / 2 )
=1330.836 / 12.288
=108.30

Natural Grocers by Vitamin Cottage'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 )
=337.376 / ((9.95 + 13.095) / 2 )
=337.376 / 11.5225
=29.28

* 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 29.28 mean?
Natural Grocers by Vitamin Cottage (NGVC) has a Receivables Turnover of 29.28 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 Natural Grocers by Vitamin Cottage and its competitors. According to the industry distribution chart, Natural Grocers by Vitamin Cottage ranks #33 out of 301 companies in the Retail - Defensive industry, placing it in the top 11%.
Is Natural Grocers by Vitamin Cottage's Receivables Turnover too high?
Natural Grocers by Vitamin Cottage's current Receivables Turnover is 29.28. The Retail - Defensive industry median Receivables Turnover is 15.22. Natural Grocers by Vitamin Cottage's value of 29.28 is 92.4% above this industry median. Based on the distribution chart, Natural Grocers by Vitamin Cottage ranks #33 out of 301 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. Overall, Natural Grocers by Vitamin Cottage has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Grocers by Vitamin Cottage's Receivables Turnover compare to YSWY and VLGEA?
According to the Retail - Defensive industry distribution chart, Natural Grocers by Vitamin Cottage ranks #33 out of 301 companies for Receivables Turnover. This places Natural Grocers by Vitamin Cottage in the top 11% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 15.22. Natural Grocers by Vitamin Cottage's value of 29.28 is 92.4% 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 Retail - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 15.22, based on 301 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. Natural Grocers by Vitamin Cottage's current Receivables Turnover of 29.28 is 92.4% 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 Natural Grocers by Vitamin Cottage and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 15.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Grocers by Vitamin Cottage's current Receivables Turnover is 29.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Grocers by Vitamin Cottage stock overvalued right now?
Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage (NGVC) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.31, compared to a current price of $32.60 — trading 19.4% above its estimated fair value. The current Receivables Turnover is 29.28 and 92.4% above the Retail - Defensive industry median of 15.22. Natural Grocers by Vitamin Cottage's overall GF Score™ is 86/100 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 Natural Grocers by Vitamin Cottage (NGVC), the current Receivables Turnover is 29.28 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 Natural Grocers by Vitamin Cottage (NGVC) Overvalued in 2026?

Based on GuruFocus' analysis, Natural Grocers by Vitamin Cottage stock appears to be overvalued. The current stock price of $32.60 is trading 19.4% above its estimated GF Value™ of $27.31. GuruFocus considers Natural Grocers by Vitamin Cottage to be Modestly Overvalued.

Key valuation signals for NGVC:

  • Receivables Turnover: 29.28
  • GF Value™: $27.31 vs. price of $32.60 (19.4% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 92.4% above the Retail - Defensive median (#33 of 301)

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


Natural Grocers by Vitamin Cottage Business Description

Other Exchanges N2V:Germany
Address 12612 West Alameda Parkway, Lakewood, CO, USA, 80228
Natural Grocers by Vitamin Cottage Inc operates natural and organic grocery and dietary supplement stores. It offers the following product categories: natural and organic food, dietary supplements, natural body care, household, pet care products, books, and handouts. The Company has a single reporting segment, natural and organic retail stores, through which business is conducted. The company generates the majority of its revenue from grocery products and dietary supplements, and the rest from other products.
86GF Score

Get the complete analysis for NGVC

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

$32.60
Price
$27.31
GF Value