Honeywell Flour Mills (NSA:HFM) Receivables Turnover: 25.00 (As of Mar. 2025)

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NSA:HFM Honeywell Flour Mills PLC NSA:HFM
69 GF Score
Price ₦16.85
GF Value ₦10.32
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Honeywell Flour Mills Receivables Turnover?

Honeywell Flour Mills NSA:HFM 69 Receivables Turnover is 25.00 as of Mar. 2025. GuruFocus rates NSA:HFM with a GF Score™ of 69/100 and a GF Value™ of ₦10.32 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,946 Consumer Packaged Goods companies, Honeywell Flour Mills ranks better than 84.74% 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. Honeywell Flour Mills's Revenue for the six months ended in Mar. 2025 was ₦373,509 Mil. Honeywell Flour Mills's average Accounts Receivable for the six months ended in Mar. 2025 was ₦14,939 Mil. Hence, Honeywell Flour Mills's Receivables Turnover for the six months ended in Mar. 2025 was 25.00.


Honeywell Flour Mills  (NSA:HFM) 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.


Honeywell Flour Mills Receivables Turnover Related Terms


Honeywell Flour Mills Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills'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.

Honeywell Flour Mills Receivables Turnover Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.60 44.92 71.84 106.98 25.00

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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 27.60 44.92 71.84 106.98 25.00

NSA:HFM vs KHC, GIS, HRL: Receivables Turnover Comparison

For the Packaged Foods subindustry, Honeywell Flour Mills'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.


Honeywell Flour Mills Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honeywell Flour Mills's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Honeywell Flour Mills's Receivables Turnover falls into.


NSA:HFM
69GF Score
Honeywell Flour Mills PLC NSA:HFM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Flour Mills Receivables Turnover Calculation

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

Honeywell Flour Mills's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=373509.245 / ((2370.164 + 27507.176) / 2 )
=373509.245 / 14938.67
=25.00

Honeywell Flour Mills's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=373509.245 / ((2370.164 + 27507.176) / 2 )
=373509.245 / 14938.67
=25.00

* 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 25.00 mean?
Honeywell Flour Mills (NSA:HFM) has a Receivables Turnover of 25.00 as of Mar. 2025. 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 Honeywell Flour Mills and its competitors. According to the industry distribution chart, Honeywell Flour Mills ranks #297 out of 1946 companies in the Consumer Packaged Goods industry, placing it in the top 15.3%.
Is Honeywell Flour Mills' Receivables Turnover too high?
Honeywell Flour Mills' current Receivables Turnover is 25.00. The Consumer Packaged Goods industry median Receivables Turnover is 9.33. Honeywell Flour Mills' value of 25.00 is 168% above this industry median. Based on the distribution chart, Honeywell Flour Mills ranks #297 out of 1946 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Flour Mills has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Receivables Turnover compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Honeywell Flour Mills ranks #297 out of 1946 companies for Receivables Turnover. This places Honeywell Flour Mills in the top 15% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 9.33. Honeywell Flour Mills' value of 25.00 is 168% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.33, based on 1,946 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. Honeywell Flour Mills's current Receivables Turnover of 25.00 is 168% 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 Honeywell Flour Mills and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Flour Mills's current Receivables Turnover is 25.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.32, compared to a current price of ₦16.85 — trading 63.3% above its estimated fair value. The current Receivables Turnover is 25.00 and 168% above the Consumer Packaged Goods industry median of 9.33. Honeywell Flour Mills' overall GF Score™ is 69/100 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 Honeywell Flour Mills (NSA:HFM), the current Receivables Turnover is 25.00 as of Mar. 2025. 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 Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued. The current stock price of ₦16.85 is trading 63.3% above its estimated GF Value™ of ₦10.32. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Receivables Turnover: 25.00
  • GF Value™: ₦10.32 vs. price of ₦16.85 (63.3% above fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 168% above the Consumer Packaged Goods median (#297 of 1946)

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


Honeywell Flour Mills Business Description

Address Wharf road, No. 1 Golden penny place, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
69GF Score

Get the complete analysis for NSA:HFM

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

₦16.85
Price
₦10.32
GF Value