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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. Secure Electronic Technology's Revenue for the
six
months ended in Dec. 2024 was ₦4,348 Mil. Secure Electronic Technology's average Accounts Receivable for the
six
months ended in Dec. 2024 was ₦128 Mil.
Hence, Secure Electronic Technology's Receivables Turnover for the
six
months ended in Dec. 2024 was 34.03.
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.
Secure Electronic Technology Receivables Turnover Related Terms
Secure Electronic Technology Receivables Turnover Historical Data
* 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:NSLTECH vs FLUT, DKNG, SGHC: Receivables Turnover Comparison
For the Gambling subindustry, Secure Electronic Technology'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.
Secure Electronic Technology Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Secure Electronic Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Secure Electronic Technology'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.
Secure Electronic Technology (NSA:NSLTECH) has a Receivables Turnover of 34.03 as of Dec. 2024. 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 Secure Electronic Technology and its competitors. According to the industry distribution chart, Secure Electronic Technology ranks #195 out of 829 companies in the Travel & Leisure industry, placing it in the top 23.5%.
Is Secure Electronic Technology's Receivables Turnover too high?
Secure Electronic Technology's current Receivables Turnover is 34.03. The Travel & Leisure industry median Receivables Turnover is 14.11. Secure Electronic Technology's value of 34.03 is 141.2% above this industry median. Based on the distribution chart, Secure Electronic Technology ranks #195 out of 829 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Receivables Turnover compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Secure Electronic Technology ranks #195 out of 829 companies for Receivables Turnover. This places Secure Electronic Technology in the top 24% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 14.11. Secure Electronic Technology's value of 34.03 is 141.2% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.11, based on 829 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. Secure Electronic Technology's current Receivables Turnover of 34.03 is 141.2% 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 Secure Electronic Technology and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Secure Electronic Technology's current Receivables Turnover is 34.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.37, compared to a current price of ₦0.79 — trading 113.5% above its estimated fair value. The current Receivables Turnover is 34.03 and 141.2% above the Travel & Leisure industry median of 14.11. Secure Electronic Technology's overall GF Score™ is 10/100. 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 Secure Electronic Technology (NSA:NSLTECH), the current Receivables Turnover is 34.03 as of Dec. 2024. 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 Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued.
The current stock price of ₦0.79 is trading 113.5% above its estimated GF Value™ of ₦0.37.
GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.
Key valuation signals for NSA:NSLTECH:
Receivables Turnover: 34.03
GF Value™: ₦0.37 vs. price of ₦0.79 (113.5% above fair value)
Industry Position: 141.2% above the Travel & Leisure median (#195 of 829)
No single metric tells the full story. See the NSA:NSLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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