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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. Elgi Equipments's Revenue for the
three
months ended in Jun. 2026 was ₹10,622 Mil. Elgi Equipments's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹7,239 Mil.
Hence, Elgi Equipments's Receivables Turnover for the
three
months ended in Jun. 2026 was 1.47.
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.
Elgi Equipments Receivables Turnover Related Terms
Elgi Equipments Receivables Turnover Historical Data
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The historical data trend for Elgi Equipments'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:522074 vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Elgi Equipments'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.
Elgi Equipments Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elgi Equipments's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Elgi Equipments'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.
Elgi Equipments (BOM:522074) has a Receivables Turnover of 1.47 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 Elgi Equipments and its competitors. According to the industry distribution chart, Elgi Equipments ranks #774 out of 3041 companies in the Industrial Products industry, placing it in the top 25.5%.
Is Elgi Equipments' Receivables Turnover too high?
Elgi Equipments' current Receivables Turnover is 1.47. The Industrial Products industry median Receivables Turnover is 4.51. Elgi Equipments' value of 1.47 is 67.4% below this industry median. Based on the distribution chart, Elgi Equipments ranks #774 out of 3041 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Elgi Equipments has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elgi Equipments ranks #774 out of 3041 companies for Receivables Turnover. This puts Elgi Equipments in the upper half of its industry. The industry median Receivables Turnover is 4.51. Elgi Equipments' value of 1.47 is 67.4% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,041 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. Elgi Equipments's current Receivables Turnover of 1.47 is 67.4% 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 Elgi Equipments and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elgi Equipments's current Receivables Turnover is 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elgi Equipments stock overvalued right now?
Based on GuruFocus' analysis, Elgi Equipments (BOM:522074) is currently considered Fairly Valued. The stock's GF Value™ is ₹664.86, compared to a current price of ₹609.35 — trading 8.3% below its estimated fair value. The current Receivables Turnover is 1.47 and 67.4% below the Industrial Products industry median of 4.51. Elgi Equipments' overall GF Score™ is 95/100 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 Elgi Equipments (BOM:522074), the current Receivables Turnover is 1.47 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 Elgi Equipments (BOM:522074) Overvalued in 2026?
Based on GuruFocus' analysis, Elgi Equipments stock appears to be undervalued.
The current stock price of ₹609.35 is trading 8.3% below its estimated GF Value™ of ₹664.86.
GuruFocus considers Elgi Equipments to be Fairly Valued.
Key valuation signals for BOM:522074:
Receivables Turnover: 1.47
GF Value™: ₹664.86 vs. price of ₹609.35 (8.3% below fair value)
Industry Position: 67.4% below the Industrial Products median (#774 of 3041)
No single metric tells the full story. See the BOM:522074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors, and air accessories. Geographically, it derives a majority of its revenue from India and also has a presence in the United States of America, Italy, Australia, and other countries. It serves the Textile; Manufacturing; Automotive; Agriculture and Construction industries.
95GF Score
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