Narmada Macplast Drip Irrigation Systems (BOM:517431) Receivables Turnover: 0.27 (As of Jun. 2026)

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BOM:517431 Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
70 GF Score
Price ₹23.63
GF Value ₹26.29
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Narmada Macplast Drip Irrigation Systems Receivables Turnover?

Narmada Macplast Drip Irrigation Systems BOM:517431 -1.46% 70 Receivables Turnover is 0.27 as of Jun. 2026. GuruFocus rates BOM:517431 with a GF Score™ of 70/100 and a GF Value™ of ₹26.29 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 215 Farm & Heavy Construction Machinery companies, Narmada Macplast Drip Irrigation Systems ranks worse than 89.3% 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. Narmada Macplast Drip Irrigation Systems's Revenue for the three months ended in Jun. 2026 was ₹36.9 Mil. Narmada Macplast Drip Irrigation Systems's average Accounts Receivable for the three months ended in Jun. 2026 was ₹135.5 Mil. Hence, Narmada Macplast Drip Irrigation Systems's Receivables Turnover for the three months ended in Jun. 2026 was 0.27.


Narmada Macplast Drip Irrigation Systems  (BOM:517431) 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.


Narmada Macplast Drip Irrigation Systems Receivables Turnover Related Terms


Narmada Macplast Drip Irrigation Systems Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Narmada Macplast Drip Irrigation Systems'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.

Narmada Macplast Drip Irrigation Systems Receivables Turnover Chart

Narmada Macplast Drip Irrigation Systems 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 3.23 3.87 1.46 3.26 1.62

Narmada Macplast Drip Irrigation Systems Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.07 0.34 0.37 0.28 0.27

BOM:517431 vs CAT, DE, PCAR: Receivables Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Narmada Macplast Drip Irrigation Systems'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.


Narmada Macplast Drip Irrigation Systems Receivables Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Narmada Macplast Drip Irrigation Systems's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Narmada Macplast Drip Irrigation Systems's Receivables Turnover falls into.


BOM:517431
70GF Score
Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmada Macplast Drip Irrigation Systems Receivables Turnover Calculation

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

Narmada Macplast Drip Irrigation Systems'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 )
=133.07 / ((29.013 + 135.517) / 2 )
=133.07 / 82.265
=1.62

Narmada Macplast Drip Irrigation Systems's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=36.873 / ((135.517 + 0) / 1 )
=36.873 / 135.517
=0.27

* 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 0.27 mean?
Narmada Macplast Drip Irrigation Systems (BOM:517431) has a Receivables Turnover of 0.27 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 Narmada Macplast Drip Irrigation Systems and its competitors. According to the industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #192 out of 215 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 89.3%.
Is Narmada Macplast Drip Irrigation Systems' Receivables Turnover too high?
Narmada Macplast Drip Irrigation Systems' current Receivables Turnover is 0.27. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.94. Narmada Macplast Drip Irrigation Systems' value of 0.27 is 94.5% below this industry median. Based on the distribution chart, Narmada Macplast Drip Irrigation Systems ranks #192 out of 215 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Narmada Macplast Drip Irrigation Systems has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Macplast Drip Irrigation Systems' Receivables Turnover compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #192 out of 215 companies for Receivables Turnover. This places Narmada Macplast Drip Irrigation Systems in the lower half of its industry. The industry median Receivables Turnover is 4.94. Narmada Macplast Drip Irrigation Systems' value of 0.27 is 94.5% 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 Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.94, based on 215 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. Narmada Macplast Drip Irrigation Systems's current Receivables Turnover of 0.27 is 94.5% 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 Narmada Macplast Drip Irrigation Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Macplast Drip Irrigation Systems's current Receivables Turnover is 0.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Macplast Drip Irrigation Systems stock overvalued right now?
Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems (BOM:517431) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹26.29, compared to a current price of ₹23.63 — trading 10.1% below its estimated fair value. The current Receivables Turnover is 0.27 and 94.5% below the Farm & Heavy Construction Machinery industry median of 4.94. Narmada Macplast Drip Irrigation Systems' overall GF Score™ is 70/100 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 Narmada Macplast Drip Irrigation Systems (BOM:517431), the current Receivables Turnover is 0.27 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 Narmada Macplast Drip Irrigation Systems (BOM:517431) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems stock appears to be undervalued. The current stock price of ₹23.63 is trading 10.1% below its estimated GF Value™ of ₹26.29. GuruFocus considers Narmada Macplast Drip Irrigation Systems to be Modestly Undervalued.

Key valuation signals for BOM:517431:

  • Receivables Turnover: 0.27
  • GF Value™: ₹26.29 vs. price of ₹23.63 (10.1% below fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 94.5% below the Farm & Heavy Construction Machinery median (#192 of 215)

No single metric tells the full story. See the BOM:517431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Macplast Drip Irrigation Systems Business Description

Address Plot Number 119-120, Santej-Vadsar Road, At and Post Santej, Taluka - Kalol, Gandhi Nagar, GJ, IND, 382721
Narmada Macplast Drip Irrigation Systems Ltd is engaged in the trading of drip irrigation systems. Its products include Spray Nozzles, Spray bodies, Rotors 3500 series, among others. It is also engaged in the business of import-export, consultancy of plastic products and raw materials, government Supplies, and liaison work.
70GF Score

Get the complete analysis for BOM:517431

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

₹23.63
Price
₹26.29
GF Value