NHBAF (Nichiban Co) Receivables Turnover: 1.31 (As of Mar. 2026)


NHBAF Nichiban Co Ltd NHBAF
73 GF Score
Price $12.70
GF Value $13.73
! 4 Warning Signs
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What is Nichiban Co Receivables Turnover?

Nichiban Co NHBAF 73 Receivables Turnover is 1.31 as of Mar. 2026. GuruFocus rates NHBAF with a GF Score™ of 73/100 and a GF Value™ of $13.73. The stock has 4 warning signs investors should review. Among 3,023 Industrial Products companies, Nichiban Co ranks better than 66.42% 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. Nichiban Co's Revenue for the three months ended in Mar. 2026 was $80.1 Mil. Nichiban Co's average Accounts Receivable for the three months ended in Mar. 2026 was $61.2 Mil. Hence, Nichiban Co's Receivables Turnover for the three months ended in Mar. 2026 was 1.31.


Nichiban Co  (OTCPK:NHBAF) 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.


Nichiban Co Receivables Turnover Related Terms


Nichiban Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nichiban Co'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.

Nichiban Co Receivables Turnover Chart

Nichiban Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.59 4.55 4.57 5.33 5.44

Nichiban Co 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 1.27 1.41 1.43 1.40 1.31

Nichiban Co Receivables Turnover Competitor Comparison

For the Business Equipment & Supplies subindustry, Nichiban Co'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.


Nichiban Co Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nichiban Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nichiban Co's Receivables Turnover falls into.


NHBAF
73GF Score
Nichiban Co Ltd NHBAF
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nichiban Co Receivables Turnover Calculation

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

Nichiban Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=318.056 / ((60.124 + 56.824) / 2 )
=318.056 / 58.474
=5.44

Nichiban Co'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 )
=80.141 / ((65.542 + 56.824) / 2 )
=80.141 / 61.183
=1.31

* 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 1.31 mean?
Nichiban Co (NHBAF) has a Receivables Turnover of 1.31 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 Nichiban Co and its competitors. According to the industry distribution chart, Nichiban Co ranks #1015 out of 3023 companies in the Industrial Products industry, placing it in the top 33.6%.
Is Nichiban Co's Receivables Turnover too high?
Nichiban Co's current Receivables Turnover is 1.31. The Industrial Products industry median Receivables Turnover is 4.45. Nichiban Co's value of 1.31 is 70.6% below this industry median. Based on the distribution chart, Nichiban Co ranks #1015 out of 3023 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nichiban Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's Receivables Turnover compare to competitors?
According to the Industrial Products industry distribution chart, Nichiban Co ranks #1015 out of 3023 companies for Receivables Turnover. This puts Nichiban Co in the upper half of its industry. The industry median Receivables Turnover is 4.45. Nichiban Co's value of 1.31 is 70.6% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,023 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. Nichiban Co's current Receivables Turnover of 1.31 is 70.6% 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 Nichiban Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiban Co's current Receivables Turnover is 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current Receivables Turnover of 1.31. The stock's GF Value™ is $13.73, compared to a current price of $12.70 — trading 7.5% below its estimated fair value. The current Receivables Turnover is 1.31 and 70.6% below the Industrial Products industry median of 4.45. Nichiban Co's overall GF Score™ is 73/100 with 4 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 Nichiban Co (NHBAF), the current Receivables Turnover is 1.31 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 Nichiban Co (NHBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued. The current stock price of $12.70 is trading 7.5% below its estimated GF Value™ of $13.73.

Key valuation signals for NHBAF:

  • Receivables Turnover: 1.31
  • GF Value™: $13.73 vs. price of $12.70 (7.5% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 70.6% below the Industrial Products median (#1015 of 3023)

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


Nichiban Co Business Description

Other Exchanges 4218:Japan
Address 2-3-3, Sekiguchi, Bunkyo-ku, Tokyo, JPN, 112-8663
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
73GF Score

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

$12.70
Price
$13.73
GF Value