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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. Nomura Research Institute's Revenue for the
three
months ended in Mar. 2026 was $1,338 Mil. Nomura Research Institute's average Accounts Receivable for the
three
months ended in Mar. 2026 was $1,029 Mil.
Hence, Nomura Research Institute's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.30.
Nomura Research Institute (OTCPK:NURAF) 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.
Nomura Research Institute Receivables Turnover Related Terms
Nomura Research Institute 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.
Nomura Research Institute Receivables Turnover Chart
NURAF vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Nomura Research Institute'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.
Nomura Research Institute Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Nomura Research Institute's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Nomura Research Institute'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.
Nomura Research Institute (NURAF) has a Receivables Turnover of 1.30 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 Nomura Research Institute and its competitors. According to the industry distribution chart, Nomura Research Institute ranks #1508 out of 2773 companies in the Software industry, placing it in the top 54.4%.
Is Nomura Research Institute's Receivables Turnover too high?
Nomura Research Institute's current Receivables Turnover is 1.30. The Software industry median Receivables Turnover is 5.72. Nomura Research Institute's value of 1.30 is 77.3% below this industry median. Based on the distribution chart, Nomura Research Institute ranks #1508 out of 2773 companies in the Software industry, which is below the industry midpoint. Overall, Nomura Research Institute has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nomura Research Institute's Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Nomura Research Institute ranks #1508 out of 2773 companies for Receivables Turnover. This places Nomura Research Institute in the lower half of its industry. The industry median Receivables Turnover is 5.72. Nomura Research Institute's value of 1.30 is 77.3% 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 a Software company?
The median Receivables Turnover among Software companies is 5.72, based on 2,773 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. Nomura Research Institute's current Receivables Turnover of 1.30 is 77.3% 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 Nomura Research Institute and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nomura Research Institute's current Receivables Turnover is 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Research Institute stock overvalued right now?
Based on GuruFocus' analysis, Nomura Research Institute (NURAF) is currently considered Fairly Valued. The stock's GF Value™ is $30.66, compared to a current price of $30.95 — trading 0.9% above its estimated fair value. The current Receivables Turnover is 1.30 and 77.3% below the Software industry median of 5.72. Nomura Research Institute's overall GF Score™ is 88/100 with 4 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 Nomura Research Institute (NURAF), the current Receivables Turnover is 1.30 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 Nomura Research Institute (NURAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nomura Research Institute stock appears to be overvalued.
The current stock price of $30.95 is trading 0.9% above its estimated GF Value™ of $30.66.
GuruFocus considers Nomura Research Institute to be Fairly Valued.
Key valuation signals for NURAF:
Receivables Turnover: 1.30
GF Value™: $30.66 vs. price of $30.95 (0.9% above fair value)
Industry Position: 77.3% below the Software median (#1508 of 2773)
No single metric tells the full story. See the NURAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nomura Research Institute was formed in 1988 through the merger of the original Nomura Research Institute and Nomura Computer Systems. Its core financial IT solutions segment acts as a de facto utility for Japan's capital markets, running shared back-office platforms for major brokerages and banks. The industrial IT solutions segment builds supply chain and enterprise resource planning systems for retailers and manufacturers. These are supported by IT platform services and a consulting business that originates digital transformation projects. The company reported fiscal 2025 revenue of JPY 814.7 billion. Nomura Holdings, the parent of Nomura Securities, remains NRI's largest shareholder with a 20% stake.
88GF Score
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