Nac Co (TSE:9788) Receivables Turnover: 2.97 (As of Mar. 2026)

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TSE:9788 Nac Co Ltd TSE:9788
69 GF Score
Price 円525.00
GF Value 円588.96
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Nac Co Receivables Turnover?

Nac Co TSE:9788 -1.87% 69 Receivables Turnover is 2.97 as of Mar. 2026. GuruFocus rates TSE:9788 with a GF Score™ of 69/100 and a GF Value™ of 円588.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,761 Construction companies, Nac Co ranks better than 87.05% 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. Nac Co's Revenue for the three months ended in Mar. 2026 was 円16,690 Mil. Nac Co's average Accounts Receivable for the three months ended in Mar. 2026 was 円5,627 Mil. Hence, Nac Co's Receivables Turnover for the three months ended in Mar. 2026 was 2.97.


Nac Co  (TSE:9788) 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.


Nac Co Receivables Turnover Related Terms


Nac Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Nac 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.

Nac Co Receivables Turnover Chart

Nac Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.65 11.47 9.76 10.68 10.62

Nac Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 2.45 2.74 2.76 2.97

TSE:9788 vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, Nac 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.


Nac Co Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, Nac Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Nac Co's Receivables Turnover falls into.


TSE:9788
69GF Score
Nac Co Ltd TSE:9788
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nac Co Receivables Turnover Calculation

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

Nac Co's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=58919 / ((5431 + 5663) / 2 )
=58919 / 5547
=10.62

Nac Co'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 )
=16690 / ((5590 + 5663) / 2 )
=16690 / 5626.5
=2.97

* 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 2.97 mean?
Nac Co (TSE:9788) has a Receivables Turnover of 2.97 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 Nac Co and its competitors. According to the industry distribution chart, Nac Co ranks #228 out of 1761 companies in the Construction industry, placing it in the top 12.9%.
Is Nac Co's Receivables Turnover too high?
Nac Co's current Receivables Turnover is 2.97. The Construction industry median Receivables Turnover is 4.76. Nac Co's value of 2.97 is 37.6% below this industry median. Based on the distribution chart, Nac Co ranks #228 out of 1761 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Nac Co has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nac Co's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Nac Co ranks #228 out of 1761 companies for Receivables Turnover. This places Nac Co in the top 13% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.76. Nac Co's value of 2.97 is 37.6% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.76, based on 1,761 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. Nac Co's current Receivables Turnover of 2.97 is 37.6% 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 Nac Co and its competitors. For the Construction industry, the median Receivables Turnover is 4.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nac Co's current Receivables Turnover is 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nac Co stock overvalued right now?
Based on GuruFocus' analysis, Nac Co (TSE:9788) is currently considered Modestly Undervalued. The stock's GF Value™ is 円588.96, compared to a current price of 円525.00 — trading 10.9% below its estimated fair value. The current Receivables Turnover is 2.97 and 37.6% below the Construction industry median of 4.76. Nac Co's overall GF Score™ is 69/100 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 Nac Co (TSE:9788), the current Receivables Turnover is 2.97 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 Nac Co (TSE:9788) Overvalued in 2026?

Based on GuruFocus' analysis, Nac Co stock appears to be undervalued. The current stock price of 円525.00 is trading 10.9% below its estimated GF Value™ of 円588.96. GuruFocus considers Nac Co to be Modestly Undervalued.

Key valuation signals for TSE:9788:

  • Receivables Turnover: 2.97
  • GF Value™: 円588.96 vs. price of 円525.00 (10.9% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 37.6% below the Construction median (#228 of 1761)

No single metric tells the full story. See the TSE:9788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nac Co Business Description

Address 1-25-1 Nishi Shinjuku, Shinjuku Center Building 42, Shinjuku-ku, Tokyo, JPN, 163-0675
Nac Co Ltd engages in the operation of housing maintenance and construction business in Japan. The company's operating division include Production and sales of home delivery water, Rental business, Construction consulting business, Housing business, and Beauty and health business.
69GF Score

Get the complete analysis for TSE:9788

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

円525.00
Price
円588.96
GF Value