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. Harbor Star Shipping Services's Revenue for the
three
months ended in Mar. 2026 was ₱611 Mil. Harbor Star Shipping Services's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₱1,161 Mil.
Hence, Harbor Star Shipping Services's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.53.
Harbor Star Shipping Services (PHS:TUGS) 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.
Harbor Star Shipping Services Receivables Turnover Related Terms
Harbor Star Shipping Services 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.
Harbor Star Shipping Services Receivables Turnover Chart
Harbor Star Shipping Services Receivables Turnover Competitor Comparison
For the Marine Shipping subindustry, Harbor Star Shipping Services'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.
Harbor Star Shipping Services Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Harbor Star Shipping Services's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Harbor Star Shipping Services'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.
Harbor Star Shipping Services (PHS:TUGS) has a Receivables Turnover of 0.53 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 Harbor Star Shipping Services and its competitors. According to the industry distribution chart, Harbor Star Shipping Services ranks #945 out of 996 companies in the Transportation industry, placing it in the top 94.9%.
Is Harbor Star Shipping Services' Receivables Turnover too high?
Harbor Star Shipping Services' current Receivables Turnover is 0.53. The Transportation industry median Receivables Turnover is 7.64. Harbor Star Shipping Services' value of 0.53 is 93.1% below this industry median. Based on the distribution chart, Harbor Star Shipping Services ranks #945 out of 996 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Harbor Star Shipping Services has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Star Shipping Services' Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Harbor Star Shipping Services ranks #945 out of 996 companies for Receivables Turnover. This places Harbor Star Shipping Services in the lower half of its industry. The industry median Receivables Turnover is 7.64. Harbor Star Shipping Services' value of 0.53 is 93.1% 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 a Transportation company?
The median Receivables Turnover among Transportation companies is 7.64, based on 996 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. Harbor Star Shipping Services's current Receivables Turnover of 0.53 is 93.1% 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 Harbor Star Shipping Services and its competitors. For the Transportation industry, the median Receivables Turnover is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbor Star Shipping Services's current Receivables Turnover is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Star Shipping Services stock overvalued right now?
Based on GuruFocus' analysis, Harbor Star Shipping Services (PHS:TUGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.80 — trading 31.1% above its estimated fair value. The current Receivables Turnover is 0.53 and 93.1% below the Transportation industry median of 7.64. Harbor Star Shipping Services' overall GF Score™ is 51/100 with 6 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 Harbor Star Shipping Services (PHS:TUGS), the current Receivables Turnover is 0.53 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 Harbor Star Shipping Services (PHS:TUGS) Overvalued in 2026?
Based on GuruFocus' analysis, Harbor Star Shipping Services stock appears to be overvalued.
The current stock price of ₱0.80 is trading 31.1% above its estimated GF Value™ of ₱0.61.
GuruFocus considers Harbor Star Shipping Services to be Significantly Overvalued.
Key valuation signals for PHS:TUGS:
Receivables Turnover: 0.53
GF Value™: ₱0.61 vs. price of ₱0.80 (31.1% above fair value)
Industry Position: 93.1% below the Transportation median (#945 of 996)
No single metric tells the full story. See the PHS:TUGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbor Star Shipping Services Business Description
Harbor Star Shipping Services Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemicals, ship and crew management, diving, and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management. The company operates in two segments: Harbor assistance and Renewable energy. It generates maximum revenue from the Harbor assistance segment.
51GF Score
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