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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. NIS AD's Revenue for the
three
months ended in Jun. 2026 was RSD105,547 Mil. NIS AD's average Accounts Receivable for the
three
months ended in Jun. 2026 was RSD18,427 Mil.
Hence, NIS AD's Receivables Turnover for the
three
months ended in Jun. 2026 was 5.73.
NIS AD (XBEL:NIIS) 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.
NIS AD Receivables Turnover Related Terms
NIS AD Receivables Turnover Historical Data
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The historical data trend for NIS AD'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.
XBEL:NIIS vs PSX, MPC, VLO: Receivables Turnover Comparison
For the Oil & Gas Refining & Marketing subindustry, NIS AD'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.
NIS AD Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NIS AD's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where NIS AD'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.
NIS AD (XBEL:NIIS) has a Receivables Turnover of 5.73 as of Jun. 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 NIS AD and its competitors.
Is NIS AD's Receivables Turnover too high?
NIS AD's current Receivables Turnover is 5.73. The Oil & Gas industry median Receivables Turnover is 8.05. NIS AD's value of 5.73 is 28.8% below this industry median. Overall, NIS AD has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NIS AD's Receivables Turnover compare to PSX and MPC?
NIS AD's Receivables Turnover of 5.73 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 8.05. NIS AD's value of 5.73 is 28.8% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.05, based on 896 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. NIS AD's current Receivables Turnover of 5.73 is 28.8% 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 NIS AD and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIS AD's current Receivables Turnover is 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIS AD stock overvalued right now?
NIS AD (XBEL:NIIS) has a current Receivables Turnover of 5.73. The stock's GF Value™ is RSD705.03, compared to a current price of RSD705.00 — trading 0% below its estimated fair value. The current Receivables Turnover is 5.73 and 28.8% below the Oil & Gas industry median of 8.05. NIS AD's overall GF Score™ is 18/100 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 NIS AD (XBEL:NIIS), the current Receivables Turnover is 5.73 as of Jun. 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 NIS AD (XBEL:NIIS) Overvalued in 2026?
Based on GuruFocus' analysis, NIS AD stock appears to be undervalued.
The current stock price of RSD705.00 is trading 0% below its estimated GF Value™ of RSD705.03.
Key valuation signals for XBEL:NIIS:
Receivables Turnover: 5.73
GF Value™: RSD705.03 vs. price of RSD705.00 (0% below fair value)
Industry Position: 28.8% below the Oil & Gas median
No single metric tells the full story. See the XBEL:NIIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.
18GF Score
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