Max Financial Services (NSE:MFSL) Accounts Receivable: ₹ Mil (As of Jun. 2026)

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NSE:MFSL Max Financial Services Ltd NSE:MFSL
77 GF Score
Price ₹1,559.00
GF Value ₹1,312.09
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Max Financial Services Accounts Receivable?

Max Financial Services NSE:MFSL +0.32% 77 Accounts Receivable is ₹ Mil as of Jun. 2026. GuruFocus rates NSE:MFSL with a GF Score™ of 77/100 and a GF Value™ of ₹1,312.09 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Max Financial Services's accounts receivables for the quarter that ended in Jun. 2026 was ₹ Mil.

Accounts receivable can be measured by Days Sales Outstanding. Max Financial Services's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Max Financial Services's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was ₹N/A.


Max Financial Services Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Max Financial Services's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=/149766.1*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Max Financial Services's accounts receivable are only considered to be worth 75% of book value:

Max Financial Services's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(+0.75 * +0.5 * -N/A
--)/343.4
=N/A

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Max Financial Services Accounts Receivable Related Terms


Max Financial Services Accounts Receivable Historical Data

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The historical data trend for Max Financial Services's Accounts Receivable 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.

Max Financial Services Accounts Receivable Chart

Max Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Accounts Receivable
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Max Financial Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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NSE:MFSL
77GF Score
Max Financial Services Ltd NSE:MFSL
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Max Financial Services Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ₹ Mil mean?
Max Financial Services (NSE:MFSL) has a Accounts Receivable of ₹ Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Max Financial Services and its competitors.
Is Max Financial Services' Accounts Receivable too high?
Max Financial Services' current Accounts Receivable is ₹ Mil. Overall, Max Financial Services has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Max Financial Services' Accounts Receivable compare to MET and AFL?
Max Financial Services' Accounts Receivable of ₹ Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Insurance company?
A good Accounts Receivable depends on the Insurance industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Max Financial Services and its competitors. Max Financial Services's current Accounts Receivable is ₹ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Max Financial Services (NSE:MFSL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,312.09, compared to a current price of ₹1,559.00 — trading 18.8% above its estimated fair value. The current Accounts Receivable is ₹ Mil. Max Financial Services' overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Max Financial Services (NSE:MFSL), the current Accounts Receivable is ₹ Mil 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 Max Financial Services (NSE:MFSL) Overvalued in 2026?

Based on GuruFocus' analysis, Max Financial Services stock appears to be overvalued. The current stock price of ₹1,559.00 is trading 18.8% above its estimated GF Value™ of ₹1,312.09. GuruFocus considers Max Financial Services to be Modestly Overvalued.

Key valuation signals for NSE:MFSL:

  • Accounts Receivable: ₹ Mil
  • GF Value™: ₹1,312.09 vs. price of ₹1,559.00 (18.8% above fair value)
  • GF Score™: 77/100 with 2 warning signs

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


Max Financial Services Business Description

Other Exchanges 500271:India
Address L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It generates majority of revenue from Life Insurance segment.
77GF Score

Get the complete analysis for NSE:MFSL

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

₹1,559.00
Price
₹1,312.09
GF Value