The Philippine Stock Exchange (PHS:PSE) Receivables Turnover: 2.89 (As of Mar. 2026)


PHS:PSE The Philippine Stock Exchange Inc PHS:PSE
77 GF Score
Price ₱202.80
GF Value ₱379.05
Valuation Significantly Undervalued
! 4 Warning Signs
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What is The Philippine Stock Exchange Receivables Turnover?

The Philippine Stock Exchange PHS:PSE +0.90% 77 Receivables Turnover is 2.89 as of Mar. 2026. GuruFocus rates PHS:PSE with a GF Score™ of 77/100 and a GF Value™ of ₱379.05 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 580 Capital Markets companies, The Philippine Stock Exchange ranks better than 64.48% 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. The Philippine Stock Exchange's Revenue for the three months ended in Mar. 2026 was ₱765 Mil. The Philippine Stock Exchange's average Accounts Receivable for the three months ended in Mar. 2026 was ₱264 Mil. Hence, The Philippine Stock Exchange's Receivables Turnover for the three months ended in Mar. 2026 was 2.89.


The Philippine Stock Exchange  (PHS:PSE) 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.


The Philippine Stock Exchange Receivables Turnover Related Terms


The Philippine Stock Exchange Receivables Turnover Historical Data

* Premium members only.

The historical data trend for The Philippine Stock Exchange'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.

The Philippine Stock Exchange Receivables Turnover Chart

The Philippine Stock Exchange 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 16.61 13.59 16.16 10.37 11.84

The Philippine Stock Exchange 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 2.90 2.91 2.92 3.23 2.89

PHS:PSE vs SPGI, CME, MCO: Receivables Turnover Comparison

For the Financial Data & Stock Exchanges subindustry, The Philippine Stock Exchange'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.


The Philippine Stock Exchange Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Philippine Stock Exchange's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Philippine Stock Exchange's Receivables Turnover falls into.


PHS:PSE
77GF Score
The Philippine Stock Exchange Inc PHS:PSE
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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The Philippine Stock Exchange Receivables Turnover Calculation

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

The Philippine Stock Exchange'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 )
=2842.603 / ((210.6 + 269.752) / 2 )
=2842.603 / 240.176
=11.84

The Philippine Stock Exchange'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 )
=764.81 / ((269.752 + 258.944) / 2 )
=764.81 / 264.348
=2.89

* 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 2.89 mean?
The Philippine Stock Exchange (PHS:PSE) has a Receivables Turnover of 2.89 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 The Philippine Stock Exchange and its competitors. According to the industry distribution chart, The Philippine Stock Exchange ranks #206 out of 580 companies in the Capital Markets industry, placing it in the top 35.5%.
Is The Philippine Stock Exchange's Receivables Turnover too high?
The Philippine Stock Exchange's current Receivables Turnover is 2.89. The Capital Markets industry median Receivables Turnover is 6.82. The Philippine Stock Exchange's value of 2.89 is 57.6% below this industry median. Based on the distribution chart, The Philippine Stock Exchange ranks #206 out of 580 companies in the Capital Markets industry, which is above the industry midpoint. Overall, The Philippine Stock Exchange has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Philippine Stock Exchange's Receivables Turnover compare to SPGI and CME?
According to the Capital Markets industry distribution chart, The Philippine Stock Exchange ranks #206 out of 580 companies for Receivables Turnover. This puts The Philippine Stock Exchange in the upper half of its industry. The industry median Receivables Turnover is 6.82. The Philippine Stock Exchange's value of 2.89 is 57.6% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.82, based on 580 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. The Philippine Stock Exchange's current Receivables Turnover of 2.89 is 57.6% 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 The Philippine Stock Exchange and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Philippine Stock Exchange's current Receivables Turnover is 2.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Philippine Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, The Philippine Stock Exchange (PHS:PSE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱379.05, compared to a current price of ₱202.80 — trading 46.5% below its estimated fair value. The current Receivables Turnover is 2.89 and 57.6% below the Capital Markets industry median of 6.82. The Philippine Stock Exchange's overall GF Score™ is 77/100 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 The Philippine Stock Exchange (PHS:PSE), the current Receivables Turnover is 2.89 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 The Philippine Stock Exchange (PHS:PSE) Overvalued in 2026?

Based on GuruFocus' analysis, The Philippine Stock Exchange stock appears to be undervalued. The current stock price of ₱202.80 is trading 46.5% below its estimated GF Value™ of ₱379.05. GuruFocus considers The Philippine Stock Exchange to be Significantly Undervalued.

Key valuation signals for PHS:PSE:

  • Receivables Turnover: 2.89
  • GF Value™: ₱379.05 vs. price of ₱202.80 (46.5% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 57.6% below the Capital Markets median (#206 of 580)

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


The Philippine Stock Exchange Business Description

Address 28th Street, 5th Avenue corner, 6th to 10th floors, PSE Tower, Bonifacio Global City, Taguig, PHL, 1634
The Philippine Stock Exchange Inc is a Philippines-based stock corporation. The company's business is to provide and maintain a convenient and suitable market for the exchange, purchase, and sale of all types of securities and other instruments. The company's business segments include: Equity, Clearing and Settlement Business; and Depository and Fixed Income Business. It derives maximum revenue from Equity, Clearing and Settlement Business. The sources of revenue also consist of listing-related fees for initial public offerings, annual listing maintenance membership, transactions, data feeds, and miscellaneous fees.
77GF Score

Get the complete analysis for PHS:PSE

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

₱202.80
Price
₱379.05
GF Value