Transnational (NSA:TRCNP) Receivables Turnover: 0.22 (As of Mar. 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.

NSA:TRCNP Transnational Corp PLC NSA:TRCNP
90 GF Score
Price ₦41.55
GF Value ₦72.50
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Transnational Receivables Turnover?

Transnational NSA:TRCNP +1.34% 90 Receivables Turnover is 0.22 as of Mar. 2026. GuruFocus rates NSA:TRCNP with a GF Score™ of 90/100 and a GF Value™ of ₦72.50 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 412 Utilities - Independent Power Producers companies, Transnational ranks worse than 89.81% 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. Transnational's Revenue for the three months ended in Mar. 2026 was ₦125,139 Mil. Transnational's average Accounts Receivable for the three months ended in Mar. 2026 was ₦570,075 Mil. Hence, Transnational's Receivables Turnover for the three months ended in Mar. 2026 was 0.22.


Transnational  (NSA:TRCNP) 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.


Transnational Receivables Turnover Related Terms


Transnational Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Transnational'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.

Transnational Receivables Turnover Chart

Transnational 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 1.49 1.69 1.68 1.75 1.26

Transnational 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 0.40 0.33 0.29 0.26 0.22

NSA:TRCNP vs CEG, VST, NRG: Receivables Turnover Comparison

For the Utilities - Independent Power Producers subindustry, Transnational'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.


Transnational Receivables Turnover vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Transnational's Receivables Turnover distribution charts can be found below:

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


NSA:TRCNP
90GF Score
Transnational Corp PLC NSA:TRCNP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Transnational Receivables Turnover Calculation

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

Transnational'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 )
=544140.613 / ((320643.269 + 542098.681) / 2 )
=544140.613 / 431370.975
=1.26

Transnational'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 )
=125138.942 / ((542098.681 + 598050.595) / 2 )
=125138.942 / 570074.638
=0.22

* 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 0.22 mean?
Transnational (NSA:TRCNP) has a Receivables Turnover of 0.22 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 Transnational and its competitors. According to the industry distribution chart, Transnational ranks #370 out of 412 companies in the Utilities - Independent Power Producers industry, placing it in the top 89.8%.
Is Transnational's Receivables Turnover too high?
Transnational's current Receivables Turnover is 0.22. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.70. Transnational's value of 0.22 is 96.1% below this industry median. Based on the distribution chart, Transnational ranks #370 out of 412 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Transnational has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Transnational's Receivables Turnover compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Transnational ranks #370 out of 412 companies for Receivables Turnover. This places Transnational in the lower half of its industry. The industry median Receivables Turnover is 5.70. Transnational's value of 0.22 is 96.1% 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 Utilities - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.70, based on 412 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. Transnational's current Receivables Turnover of 0.22 is 96.1% 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 Transnational and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transnational's current Receivables Turnover is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transnational stock overvalued right now?
Based on GuruFocus' analysis, Transnational (NSA:TRCNP) is currently considered Significantly Undervalued. The stock's GF Value™ is ₦72.50, compared to a current price of ₦41.55 — trading 42.7% below its estimated fair value. The current Receivables Turnover is 0.22 and 96.1% below the Utilities - Independent Power Producers industry median of 5.70. Transnational's overall GF Score™ is 90/100 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 Transnational (NSA:TRCNP), the current Receivables Turnover is 0.22 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 Transnational (NSA:TRCNP) Overvalued in 2026?

Based on GuruFocus' analysis, Transnational stock appears to be undervalued. The current stock price of ₦41.55 is trading 42.7% below its estimated GF Value™ of ₦72.50. GuruFocus considers Transnational to be Significantly Undervalued.

Key valuation signals for NSA:TRCNP:

  • Receivables Turnover: 0.22
  • GF Value™: ₦72.50 vs. price of ₦41.55 (42.7% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 96.1% below the Utilities - Independent Power Producers median (#370 of 412)

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


Transnational Business Description

Address 38b Glover Road, Transnational House, Ikoyi, Lagos, NGA
Transnational Corp PLC is a diversified conglomerate. Its business segments are Power, Oil and Gas, Hospitality, Corporate Centre, and Agro-allied. The group generates the majority of the revenue from the Power segment. In the Power segment, the company through its subsidiary, is engaged in the generation of electric power. The group provides hospitality services to the customers in the Hospitality segment. Oil and Gas segment includes exploration, refining, and marketing of petroleum products, and in the Agro-Allied segment, the group processes fruit concentrates from fruits. The Corporate Centre segment is the parent Company, Transnational Corporation of Nigeria Plc, and the other non-operational subsidiaries.
90GF Score

Get the complete analysis for NSA:TRCNP

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

₦41.55
Price
₦72.50
GF Value