NMM (Navios Maritime Partners LP) Receivables Turnover: 8.46 (As of Jun. 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.

NMM Navios Maritime Partners LP NMM
74 GF Score
Price $87.16
GF Value $53.64
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Navios Maritime Partners LP Receivables Turnover?

Navios Maritime Partners LP NMM -1.40% 74 Receivables Turnover is 8.46 as of Jun. 2026. GuruFocus rates NMM with a GF Score™ of 74/100 and a GF Value™ of $53.64 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,001 Transportation companies, Navios Maritime Partners LP ranks better than 94.91% 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. Navios Maritime Partners LP's Revenue for the three months ended in Jun. 2026 was $410 Mil. Navios Maritime Partners LP's average Accounts Receivable for the three months ended in Jun. 2026 was $49 Mil. Hence, Navios Maritime Partners LP's Receivables Turnover for the three months ended in Jun. 2026 was 8.46.


Navios Maritime Partners LP  (NYSE:NMM) 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.


Navios Maritime Partners LP Receivables Turnover Related Terms


Navios Maritime Partners LP Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Navios Maritime Partners LP'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.

Navios Maritime Partners LP Receivables Turnover Chart

Navios Maritime Partners LP 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 35.01 24.50 22.29 35.28 39.84

Navios Maritime Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.25 13.04 11.08 8.87 8.46

NMM vs DAC, CMRE, SFL: Receivables Turnover Comparison

For the Marine Shipping subindustry, Navios Maritime Partners LP'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.


Navios Maritime Partners LP Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Partners LP's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Navios Maritime Partners LP's Receivables Turnover falls into.


NMM
74GF Score
Navios Maritime Partners LP NMM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navios Maritime Partners LP Receivables Turnover Calculation

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

Navios Maritime Partners LP'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 )
=1344.143 / ((33.399 + 34.07) / 2 )
=1344.143 / 33.7345
=39.84

Navios Maritime Partners LP's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=410.166 / ((46.432 + 50.59) / 2 )
=410.166 / 48.511
=8.46

* 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 8.46 mean?
Navios Maritime Partners LP (NMM) has a Receivables Turnover of 8.46 as of Jun. 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 Navios Maritime Partners LP and its competitors. According to the industry distribution chart, Navios Maritime Partners LP ranks #51 out of 1001 companies in the Transportation industry, placing it in the top 5.1%.
Is Navios Maritime Partners LP's Receivables Turnover too high?
Navios Maritime Partners LP's current Receivables Turnover is 8.46. The Transportation industry median Receivables Turnover is 7.81. Navios Maritime Partners LP's value of 8.46 is 8.3% above this industry median. Based on the distribution chart, Navios Maritime Partners LP ranks #51 out of 1001 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Navios Maritime Partners LP has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Navios Maritime Partners LP's Receivables Turnover compare to DAC and CMRE?
According to the Transportation industry distribution chart, Navios Maritime Partners LP ranks #51 out of 1001 companies for Receivables Turnover. This places Navios Maritime Partners LP in the top 5% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.81. Navios Maritime Partners LP's value of 8.46 is 8.3% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.81, based on 1,001 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. Navios Maritime Partners LP's current Receivables Turnover of 8.46 is 8.3% 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 Navios Maritime Partners LP and its competitors. For the Transportation industry, the median Receivables Turnover is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navios Maritime Partners LP's current Receivables Turnover is 8.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navios Maritime Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Navios Maritime Partners LP (NMM) is currently considered Significantly Overvalued. The stock's GF Value™ is $53.64, compared to a current price of $87.16 — trading 62.5% above its estimated fair value. The current Receivables Turnover is 8.46 and 8.3% above the Transportation industry median of 7.81. Navios Maritime Partners LP's overall GF Score™ is 74/100 with 8 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 Navios Maritime Partners LP (NMM), the current Receivables Turnover is 8.46 as of Jun. 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 Navios Maritime Partners LP (NMM) Overvalued in 2026?

Based on GuruFocus' analysis, Navios Maritime Partners LP stock appears to be overvalued. The current stock price of $87.16 is trading 62.5% above its estimated GF Value™ of $53.64. GuruFocus considers Navios Maritime Partners LP to be Significantly Overvalued.

Key valuation signals for NMM:

  • Receivables Turnover: 8.46
  • GF Value™: $53.64 vs. price of $87.16 (62.5% above fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 8.3% above the Transportation median (#51 of 1001)

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


Navios Maritime Partners LP Business Description

Other Exchanges 3PXA:Germany
Address c/o Navios Shipmanagement Inc, 85 Akti Miaouli, Piraeus, GRC, 18538
Navios Maritime Partners LP is an international owner and operator of dry cargo and tanker vessels. Its vessels are generally chartered-out under short-term, medium-term and long-term time charters with an average remaining charter duration of approximately 2.1 years to a group of counterparties. Its fleet consisted of dry bulk vessels, containerships and tanker vessels, including two newbuilding capesize vessels, newbuilding containerships and newbuilding tankers. It operates in single segment.
74GF Score

Get the complete analysis for NMM

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

$87.16
Price
$53.64
GF Value