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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 Marine Industries's Revenue for the
three
months ended in Jun. 2026 was ₹3.13 Mil. Garware Marine Industries's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹50.88 Mil.
Hence, Garware Marine Industries's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.06.
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 Marine Industries Receivables Turnover Related Terms
Garware Marine Industries 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.
BOM:509563 vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Garware Marine Industries'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 Marine Industries Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Garware Marine Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Garware Marine Industries'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 Marine Industries (BOM:509563) has a Receivables Turnover of 0.06 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 Marine Industries and its competitors. According to the industry distribution chart, Garware Marine Industries ranks #348 out of 348 companies in the Aerospace & Defense industry.
Is Garware Marine Industries' Receivables Turnover too high?
Garware Marine Industries' current Receivables Turnover is 0.06. The Aerospace & Defense industry median Receivables Turnover is 5.67. Garware Marine Industries' value of 0.06 is 98.9% below this industry median. Based on the distribution chart, Garware Marine Industries ranks #348 out of 348 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Garware Marine Industries has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Garware Marine Industries ranks #348 out of 348 companies for Receivables Turnover. This places Garware Marine Industries in the lower half of its industry. The industry median Receivables Turnover is 5.67. Garware Marine Industries' value of 0.06 is 98.9% 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 an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.67, based on 348 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 Marine Industries's current Receivables Turnover of 0.06 is 98.9% 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 Marine Industries and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Marine Industries's current Receivables Turnover is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹25.31, compared to a current price of ₹19.30 — trading 23.7% below its estimated fair value. The current Receivables Turnover is 0.06 and 98.9% below the Aerospace & Defense industry median of 5.67. Garware Marine Industries' overall GF Score™ is 65/100 with 2 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 Marine Industries (BOM:509563), the current Receivables Turnover is 0.06 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 Marine Industries (BOM:509563) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued.
The current stock price of ₹19.30 is trading 23.7% below its estimated GF Value™ of ₹25.31.
GuruFocus considers Garware Marine Industries to be Modestly Undervalued.
Key valuation signals for BOM:509563:
Receivables Turnover: 0.06
GF Value™: ₹25.31 vs. price of ₹19.30 (23.7% below fair value)
Industry Position: 98.9% below the Aerospace & Defense median (#348 of 348)
No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
65GF Score
Get the complete analysis for BOM:509563
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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