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. Manila Water Co's Revenue for the
three
months ended in Mar. 2026 was ₱10,630 Mil. Manila Water Co's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₱4,363 Mil.
Hence, Manila Water Co's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.44.
Manila Water Co (PHS:MWC) 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.
Manila Water Co Receivables Turnover Related Terms
Manila Water Co Receivables Turnover Historical Data
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The historical data trend for Manila Water Co'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.
PHS:MWC vs AWK, WTRG, AWR: Receivables Turnover Comparison
For the Utilities - Regulated Water subindustry, Manila Water Co'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.
Manila Water Co Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Water Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Manila Water Co'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.
Manila Water Co (PHS:MWC) has a Receivables Turnover of 2.44 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 Manila Water Co and its competitors. According to the industry distribution chart, Manila Water Co ranks #173 out of 495 companies in the Utilities - Regulated industry, placing it in the top 34.9%.
Is Manila Water Co's Receivables Turnover too high?
Manila Water Co's current Receivables Turnover is 2.44. The Utilities - Regulated industry median Receivables Turnover is 6.76. Manila Water Co's value of 2.44 is 63.9% below this industry median. Based on the distribution chart, Manila Water Co ranks #173 out of 495 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Manila Water Co has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manila Water Co's Receivables Turnover compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Manila Water Co ranks #173 out of 495 companies for Receivables Turnover. This puts Manila Water Co in the upper half of its industry. The industry median Receivables Turnover is 6.76. Manila Water Co's value of 2.44 is 63.9% 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 - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.76, based on 495 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. Manila Water Co's current Receivables Turnover of 2.44 is 63.9% 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 Manila Water Co and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manila Water Co's current Receivables Turnover is 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manila Water Co stock overvalued right now?
Based on GuruFocus' analysis, Manila Water Co (PHS:MWC) is currently considered Fairly Valued. The stock's GF Value™ is ₱36.08, compared to a current price of ₱34.20 — trading 5.2% below its estimated fair value. The current Receivables Turnover is 2.44 and 63.9% below the Utilities - Regulated industry median of 6.76. Manila Water Co's overall GF Score™ is 97/100 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 Manila Water Co (PHS:MWC), the current Receivables Turnover is 2.44 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 Manila Water Co (PHS:MWC) Overvalued in 2026?
Based on GuruFocus' analysis, Manila Water Co stock appears to be undervalued.
The current stock price of ₱34.20 is trading 5.2% below its estimated GF Value™ of ₱36.08.
GuruFocus considers Manila Water Co to be Fairly Valued.
Key valuation signals for PHS:MWC:
Receivables Turnover: 2.44
GF Value™: ₱36.08 vs. price of ₱34.20 (5.2% below fair value)
Industry Position: 63.9% below the Utilities - Regulated median (#173 of 495)
No single metric tells the full story. See the PHS:MWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manila Water Co Inc holds the exclusive right to provide water and used water services in the East Zone of Metro Manila under a concession agreement with the Metropolitan Waterworks and Sewerage System. The company delivers water treatment, distribution, sewerage, and sanitation services to a large population across residential, commercial, and industrial customers. Its service area covers several cities and municipalities in Metro Manila and nearby parts of Rizal, including urban centers such as Makati, Pasig, Quezon City, Taguig, and Marikina, along with surrounding towns.
97GF Score
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