Nickel Asia (PHS:NIKL) Receivables Turnover: 2.94 (As of Mar. 2026)

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PHS:NIKL Nickel Asia Corp PHS:NIKL
91 GF Score
Price ₱3.62
GF Value ₱4.87
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nickel Asia Receivables Turnover?

Nickel Asia PHS:NIKL 91 Receivables Turnover is 2.94 as of Mar. 2026. GuruFocus rates PHS:NIKL with a GF Score™ of 91/100 and a GF Value™ of ₱4.87 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 782 Metals & Mining companies, Nickel Asia ranks better than 71.74% 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. Nickel Asia's Revenue for the three months ended in Mar. 2026 was ₱3,057 Mil. Nickel Asia's average Accounts Receivable for the three months ended in Mar. 2026 was ₱1,039 Mil. Hence, Nickel Asia's Receivables Turnover for the three months ended in Mar. 2026 was 2.94.


Nickel Asia  (PHS:NIKL) 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.


Nickel Asia Receivables Turnover Related Terms


Nickel Asia Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nickel Asia'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.

Nickel Asia Receivables Turnover Chart

Nickel Asia 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 23.56 15.37 14.17 22.22 27.83

Nickel Asia 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 2.96 5.00 5.74 5.14 2.94

Nickel Asia Receivables Turnover Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nickel Asia'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.


Nickel Asia Receivables Turnover vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Asia's Receivables Turnover distribution charts can be found below:

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


PHS:NIKL
91GF Score
Nickel Asia Corp PHS:NIKL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Nickel Asia Receivables Turnover Calculation

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

Nickel Asia'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 )
=28521.871 / ((837.985 + 1211.859) / 2 )
=28521.871 / 1024.922
=27.83

Nickel Asia'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 )
=3056.657 / ((1211.859 + 866.224) / 2 )
=3056.657 / 1039.0415
=2.94

* 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 2.94 mean?
Nickel Asia (PHS:NIKL) has a Receivables Turnover of 2.94 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 Nickel Asia and its competitors. According to the industry distribution chart, Nickel Asia ranks #221 out of 782 companies in the Metals & Mining industry, placing it in the top 28.3%.
Is Nickel Asia's Receivables Turnover too high?
Nickel Asia's current Receivables Turnover is 2.94. The Metals & Mining industry median Receivables Turnover is 9.36. Nickel Asia's value of 2.94 is 68.6% below this industry median. Based on the distribution chart, Nickel Asia ranks #221 out of 782 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Nickel Asia has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nickel Asia's Receivables Turnover compare to competitors?
According to the Metals & Mining industry distribution chart, Nickel Asia ranks #221 out of 782 companies for Receivables Turnover. This puts Nickel Asia in the upper half of its industry. The industry median Receivables Turnover is 9.36. Nickel Asia's value of 2.94 is 68.6% 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 Metals & Mining company?
The median Receivables Turnover among Metals & Mining companies is 9.36, based on 782 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. Nickel Asia's current Receivables Turnover of 2.94 is 68.6% 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 Nickel Asia and its competitors. For the Metals & Mining industry, the median Receivables Turnover is 9.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nickel Asia's current Receivables Turnover is 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nickel Asia stock overvalued right now?
Based on GuruFocus' analysis, Nickel Asia (PHS:NIKL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱4.87, compared to a current price of ₱3.62 — trading 25.7% below its estimated fair value. The current Receivables Turnover is 2.94 and 68.6% below the Metals & Mining industry median of 9.36. Nickel Asia's overall GF Score™ is 91/100 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 Nickel Asia (PHS:NIKL), the current Receivables Turnover is 2.94 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 Nickel Asia (PHS:NIKL) Overvalued in 2026?

Based on GuruFocus' analysis, Nickel Asia stock appears to be undervalued. The current stock price of ₱3.62 is trading 25.7% below its estimated GF Value™ of ₱4.87. GuruFocus considers Nickel Asia to be Modestly Undervalued.

Key valuation signals for PHS:NIKL:

  • Receivables Turnover: 2.94
  • GF Value™: ₱4.87 vs. price of ₱3.62 (25.7% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 68.6% below the Metals & Mining median (#221 of 782)

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


Nickel Asia Business Description

Other Exchanges NCKAF:USA
Address 32nd Street, Bonifacio Global City, 28th Floor, NAC Tower, Taguig, PHL, 1634
Nickel Asia Corp is a diversified natural resources development company is principally engaged in the business of producing beneficiated nickel ore, limestone, and quarry materials, rendering of services, and generating revenue from sale of power. The company has three operating segments which is The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, the services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and the power segment is into power generation and exploration for geothermal resources.
91GF Score

Get the complete analysis for PHS:NIKL

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

₱3.62
Price
₱4.87
GF Value