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HBM NigeriaNSA:HBMNG 77 Receivables Turnover is 28.61 as of Jun. 2026. GuruFocus rates NSA:HBMNG with a GF Score™ of 77/100 and a GF Value™ of ₦139.56 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 406 Building Materials companies, HBM Nigeria ranks better than 98.28% 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. HBM Nigeria's Revenue for the
three
months ended in Jun. 2026 was ₦343,528 Mil. HBM Nigeria's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₦12,009 Mil.
Hence, HBM Nigeria's Receivables Turnover for the
three
months ended in Jun. 2026 was 28.61.
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.
HBM Nigeria Receivables Turnover Related Terms
HBM Nigeria Receivables Turnover Historical Data
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The historical data trend for HBM Nigeria'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.
NSA:HBMNG vs CRH, VMC, MLM: Receivables Turnover Comparison
For the Building Materials subindustry, HBM Nigeria'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.
HBM Nigeria Receivables Turnover vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, HBM Nigeria's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where HBM Nigeria'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.
HBM Nigeria (NSA:HBMNG) has a Receivables Turnover of 28.61 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 HBM Nigeria and its competitors. According to the industry distribution chart, HBM Nigeria ranks #7 out of 406 companies in the Building Materials industry, placing it in the top 1.7%.
Is HBM Nigeria's Receivables Turnover too high?
HBM Nigeria's current Receivables Turnover is 28.61. The Building Materials industry median Receivables Turnover is 6.32. HBM Nigeria's value of 28.61 is 353% above this industry median. Based on the distribution chart, HBM Nigeria ranks #7 out of 406 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, HBM Nigeria has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HBM Nigeria's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, HBM Nigeria ranks #7 out of 406 companies for Receivables Turnover. This places HBM Nigeria in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.32. HBM Nigeria's value of 28.61 is 353% 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 Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.32, based on 406 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. HBM Nigeria's current Receivables Turnover of 28.61 is 353% 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 HBM Nigeria and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBM Nigeria's current Receivables Turnover is 28.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBM Nigeria stock overvalued right now?
Based on GuruFocus' analysis, HBM Nigeria (NSA:HBMNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦139.56, compared to a current price of ₦334.00 — trading 139.3% above its estimated fair value. The current Receivables Turnover is 28.61 and 353% above the Building Materials industry median of 6.32. HBM Nigeria's overall GF Score™ is 77/100 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 HBM Nigeria (NSA:HBMNG), the current Receivables Turnover is 28.61 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 HBM Nigeria (NSA:HBMNG) Overvalued in 2026?
Based on GuruFocus' analysis, HBM Nigeria stock appears to be overvalued.
The current stock price of ₦334.00 is trading 139.3% above its estimated GF Value™ of ₦139.56.
GuruFocus considers HBM Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:HBMNG:
Receivables Turnover: 28.61
GF Value™: ₦139.56 vs. price of ₦334.00 (139.3% above fair value)
Industry Position: 353% above the Building Materials median (#7 of 406)
No single metric tells the full story. See the NSA:HBMNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
77GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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