Ajcon Global Services (BOM:511692) Receivables Turnover: 29.80 (As of Mar. 2026)

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BOM:511692 Ajcon Global Services Ltd BOM:511692
51 GF Score
Price ₹5.65
GF Value ₹12.44
Valuation Possible Value Trap
! 3 Warning Signs
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What is Ajcon Global Services Receivables Turnover?

Ajcon Global Services BOM:511692 -0.53% 51 Receivables Turnover is 29.80 as of Mar. 2026. GuruFocus rates BOM:511692 with a GF Score™ of 51/100 and a GF Value™ of ₹12.44 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 578 Capital Markets companies, Ajcon Global Services ranks better than 85.64% 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. Ajcon Global Services's Revenue for the three months ended in Mar. 2026 was ₹195.8 Mil. Ajcon Global Services's average Accounts Receivable for the three months ended in Mar. 2026 was ₹6.6 Mil. Hence, Ajcon Global Services's Receivables Turnover for the three months ended in Mar. 2026 was 29.80.


Ajcon Global Services  (BOM:511692) 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.


Ajcon Global Services Receivables Turnover Related Terms


Ajcon Global Services Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Ajcon Global Services'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.

Ajcon Global Services Receivables Turnover Chart

Ajcon Global Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.66 12.17 13.81 24.15 54.85

Ajcon Global Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.98 3.36 14.69 4.47 29.80

BOM:511692 vs MS, GS, SCHW: Receivables Turnover Comparison

For the Capital Markets subindustry, Ajcon Global 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.


Ajcon Global Services Receivables Turnover vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ajcon Global Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Ajcon Global Services's Receivables Turnover falls into.


BOM:511692
51GF Score
Ajcon Global Services Ltd BOM:511692
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Ajcon Global Services Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Ajcon Global Services's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=350.854 / ((6.223 + 6.57) / 2 )
=350.854 / 6.3965
=54.85

Ajcon Global Services's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=195.763 / ((0 + 6.57) / 1 )
=195.763 / 6.57
=29.80

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 29.80 mean?
Ajcon Global Services (BOM:511692) has a Receivables Turnover of 29.80 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 Ajcon Global Services and its competitors. According to the industry distribution chart, Ajcon Global Services ranks #83 out of 578 companies in the Capital Markets industry, placing it in the top 14.4%.
Is Ajcon Global Services' Receivables Turnover too high?
Ajcon Global Services' current Receivables Turnover is 29.80. The Capital Markets industry median Receivables Turnover is 6.82. Ajcon Global Services' value of 29.80 is 337.3% above this industry median. Based on the distribution chart, Ajcon Global Services ranks #83 out of 578 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Ajcon Global Services has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ajcon Global Services' Receivables Turnover compare to MS and GS?
According to the Capital Markets industry distribution chart, Ajcon Global Services ranks #83 out of 578 companies for Receivables Turnover. This places Ajcon Global Services in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.82. Ajcon Global Services' value of 29.80 is 337.3% above 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.82, based on 578 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. Ajcon Global Services's current Receivables Turnover of 29.80 is 337.3% above 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 Ajcon Global Services and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajcon Global Services's current Receivables Turnover is 29.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajcon Global Services stock overvalued right now?
Based on GuruFocus' analysis, Ajcon Global Services (BOM:511692) is currently considered Possible Value Trap. The stock's GF Value™ is ₹12.44, compared to a current price of ₹5.65 — trading 54.6% below its estimated fair value. The current Receivables Turnover is 29.80 and 337.3% above the Capital Markets industry median of 6.82. Ajcon Global Services' overall GF Score™ is 51/100 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 Ajcon Global Services (BOM:511692), the current Receivables Turnover is 29.80 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 Ajcon Global Services (BOM:511692) Overvalued in 2026?

Based on GuruFocus' analysis, Ajcon Global Services stock appears to be undervalued. The current stock price of ₹5.65 is trading 54.6% below its estimated GF Value™ of ₹12.44. GuruFocus considers Ajcon Global Services to be Possible Value Trap.

Key valuation signals for BOM:511692:

  • Receivables Turnover: 29.80
  • GF Value™: ₹12.44 vs. price of ₹5.65 (54.6% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 337.3% above the Capital Markets median (#83 of 578)

No single metric tells the full story. See the BOM:511692 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ajcon Global Services Business Description

Address Western Express Highway, 408, A-Wing, Express Zone, Cello-Sonal Realty, Near Patels, Goregaon (East), Mumbai, MH, IND, 400063
Ajcon Global Services Ltd is an India based company engaged in the provision of financial services. Its services include equity broking, commodity broking, depository services, commodity broking, corporate advisory services, equity research, loan syndication, turnkey projects, corporate advisory services, investment banking, and merchant banking. The company generates revenue from stock market operations, consultancy and advisory services, and facility fees.
51GF Score

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

₹5.65
Price
₹12.44
GF Value