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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. Garware Offshore Services's Revenue for the
three
months ended in Jun. 2026 was ₹117.9 Mil. Garware Offshore Services's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹83.7 Mil.
Hence, Garware Offshore Services's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.41.
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.
Garware Offshore Services Receivables Turnover Related Terms
Garware Offshore 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.
For the Marine Shipping subindustry, Garware Offshore 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.
Garware Offshore Services Receivables Turnover vs Transportation Industry
For the Transportation industry and Industrials sector, Garware Offshore Services's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Garware Offshore 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.
Garware Offshore Services (BOM:501848) has a Receivables Turnover of 1.41 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 Garware Offshore Services and its competitors. According to the industry distribution chart, Garware Offshore Services ranks #619 out of 1006 companies in the Transportation industry, placing it in the top 61.5%.
Is Garware Offshore Services' Receivables Turnover too high?
Garware Offshore Services' current Receivables Turnover is 1.41. The Transportation industry median Receivables Turnover is 7.80. Garware Offshore Services' value of 1.41 is 81.9% below this industry median. Based on the distribution chart, Garware Offshore Services ranks #619 out of 1006 companies in the Transportation industry, which is below the industry midpoint. Overall, Garware Offshore Services has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Garware Offshore Services' Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Garware Offshore Services ranks #619 out of 1006 companies for Receivables Turnover. This places Garware Offshore Services in the lower half of its industry. The industry median Receivables Turnover is 7.80. Garware Offshore Services' value of 1.41 is 81.9% 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 7.80, based on 1,006 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. Garware Offshore Services's current Receivables Turnover of 1.41 is 81.9% 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 Garware Offshore Services and its competitors. For the Transportation industry, the median Receivables Turnover is 7.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Offshore Services's current Receivables Turnover is 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Offshore Services stock overvalued right now?
Based on GuruFocus' analysis, Garware Offshore Services (BOM:501848) is currently considered Possible Value Trap. The stock's GF Value™ is ₹75.21, compared to a current price of ₹44.47 — trading 40.9% below its estimated fair value. The current Receivables Turnover is 1.41 and 81.9% below the Transportation industry median of 7.80. Garware Offshore Services' overall GF Score™ is 50/100 with 5 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 Garware Offshore Services (BOM:501848), the current Receivables Turnover is 1.41 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 Garware Offshore Services (BOM:501848) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Offshore Services stock appears to be undervalued.
The current stock price of ₹44.47 is trading 40.9% below its estimated GF Value™ of ₹75.21.
GuruFocus considers Garware Offshore Services to be Possible Value Trap.
Key valuation signals for BOM:501848:
Receivables Turnover: 1.41
GF Value™: ₹75.21 vs. price of ₹44.47 (40.9% below fair value)
Industry Position: 81.9% below the Transportation median (#619 of 1006)
No single metric tells the full story. See the BOM:501848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Offshore Services Ltd, formerly known as Global Offshore Services Ltd, is an Indian firm engaged in providing offshore support services to exploration and production companies. The company's vessels support oil and gas exploration efforts involving: the transport of personnel to rigs/platforms from onshore bases and vice-versa, delivery of cargo/material to rigs/platforms, anchor handling operations, towing of rigs from one location to another, support to offshore/underwater construction projects, the platform supply vessels owned and operated by the company and its subsidiaries are deployed in India, the North Sea, Brazil, and West Africa. The charter hire segment constitutes the majority of the company's revenue.
50GF Score
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