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. Onward Technologies's Revenue for the
three
months ended in Mar. 2026 was ₹1,371 Mil. Onward Technologies's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹857 Mil.
Hence, Onward Technologies's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.60.
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.
Onward Technologies Receivables Turnover Related Terms
Onward Technologies Receivables Turnover Historical Data
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The historical data trend for Onward Technologies'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.
BOM:517536 vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Onward Technologies'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.
Onward Technologies Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Onward Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Onward Technologies'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.
Onward Technologies (BOM:517536) has a Receivables Turnover of 1.60 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 Onward Technologies and its competitors. According to the industry distribution chart, Onward Technologies ranks #1107 out of 2769 companies in the Software industry, placing it in the top 40%.
Is Onward Technologies' Receivables Turnover too high?
Onward Technologies' current Receivables Turnover is 1.60. The Software industry median Receivables Turnover is 5.69. Onward Technologies' value of 1.60 is 71.9% below this industry median. Based on the distribution chart, Onward Technologies ranks #1107 out of 2769 companies in the Software industry, which is above the industry midpoint. Overall, Onward Technologies has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Onward Technologies' Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Onward Technologies ranks #1107 out of 2769 companies for Receivables Turnover. This puts Onward Technologies in the upper half of its industry. The industry median Receivables Turnover is 5.69. Onward Technologies' value of 1.60 is 71.9% 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 Software company?
The median Receivables Turnover among Software companies is 5.69, based on 2,769 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. Onward Technologies's current Receivables Turnover of 1.60 is 71.9% 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 Onward Technologies and its competitors. For the Software industry, the median Receivables Turnover is 5.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Technologies's current Receivables Turnover is 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Technologies stock overvalued right now?
Based on GuruFocus' analysis, Onward Technologies (BOM:517536) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹406.82, compared to a current price of ₹278.15 — trading 31.6% below its estimated fair value. The current Receivables Turnover is 1.60 and 71.9% below the Software industry median of 5.69. Onward Technologies' overall GF Score™ is 83/100 with 1 warning sign 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 Onward Technologies (BOM:517536), the current Receivables Turnover is 1.60 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 Onward Technologies (BOM:517536) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Technologies stock appears to be undervalued.
The current stock price of ₹278.15 is trading 31.6% below its estimated GF Value™ of ₹406.82.
GuruFocus considers Onward Technologies to be Significantly Undervalued.
Key valuation signals for BOM:517536:
Receivables Turnover: 1.60
GF Value™: ₹406.82 vs. price of ₹278.15 (31.6% below fair value)
Industry Position: 71.9% below the Software median (#1107 of 2769)
No single metric tells the full story. See the BOM:517536 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Technologies Ltd is an Indian company that is engaged in software development, testing, and integration for partner industries of the future. Its services are Digital Services, Embedded Products & Systems, and Mechanical Product Engineering. Its industries include Automotive, Renewables, Hydro Energy, Construction, Agricultural and Mining Equipment, Rail Transportation, and others. It has one operating segment which is ER&D (Engineering, Research and Development) service and digital services. The majority of the company's revenue comes from India. It also operates outside India.
83GF Score
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