Northland PowerTSX:NPI +0.51%75 Receivables Turnover is 2.17 as of Mar. 2026. GuruFocus rates TSX:NPI with a GF Score™ of 75/100 and a GF Value™ of C$24.26 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 409 Utilities - Independent Power Producers companies, Northland Power ranks better than 58.68% 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. Northland Power's Revenue for the
three
months ended in Mar. 2026 was C$775 Mil. Northland Power's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$357 Mil.
Hence, Northland Power's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.17.
Northland Power (TSX:NPI) 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.
Northland Power Receivables Turnover Related Terms
Northland Power Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Northland Power'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.
Northland Power Receivables Turnover Competitor Comparison
For the Utilities - Renewable subindustry, Northland Power'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.
Northland Power Receivables Turnover vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Northland Power's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Northland Power'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.
Northland Power (TSX:NPI) has a Receivables Turnover of 2.17 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 Northland Power and its competitors. According to the industry distribution chart, Northland Power ranks #169 out of 409 companies in the Utilities - Independent Power Producers industry, placing it in the top 41.3%.
Is Northland Power's Receivables Turnover too high?
Northland Power's current Receivables Turnover is 2.17. The Utilities - Independent Power Producers industry median Receivables Turnover is 5.75. Northland Power's value of 2.17 is 62.3% below this industry median. Based on the distribution chart, Northland Power ranks #169 out of 409 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Northland Power has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northland Power's Receivables Turnover compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Northland Power ranks #169 out of 409 companies for Receivables Turnover. This puts Northland Power in the upper half of its industry. The industry median Receivables Turnover is 5.75. Northland Power's value of 2.17 is 62.3% 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 - Independent Power Producers company?
The median Receivables Turnover among Utilities - Independent Power Producers companies is 5.75, based on 409 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. Northland Power's current Receivables Turnover of 2.17 is 62.3% 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 Northland Power and its competitors. For the Utilities - Independent Power Producers industry, the median Receivables Turnover is 5.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northland Power's current Receivables Turnover is 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northland Power stock overvalued right now?
Based on GuruFocus' analysis, Northland Power (TSX:NPI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$24.26, compared to a current price of C$21.71 — trading 10.5% below its estimated fair value. The current Receivables Turnover is 2.17 and 62.3% below the Utilities - Independent Power Producers industry median of 5.75. Northland Power's overall GF Score™ is 75/100 with 7 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 Northland Power (TSX:NPI), the current Receivables Turnover is 2.17 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 Northland Power (TSX:NPI) Overvalued in 2026?
Based on GuruFocus' analysis, Northland Power stock appears to be undervalued.
The current stock price of C$21.71 is trading 10.5% below its estimated GF Value™ of C$24.26.
GuruFocus considers Northland Power to be Modestly Undervalued.
Key valuation signals for TSX:NPI:
Receivables Turnover: 2.17
GF Value™: C$24.26 vs. price of C$21.71 (10.5% below fair value)
Industry Position: 62.3% below the Utilities - Independent Power Producers median (#169 of 409)
No single metric tells the full story. See the TSX:NPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northland Power develops, constructs, and operates sustainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.
75GF Score
Get the complete analysis for TSX:NPI
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:NPI has been successfully added to your 
