Chennai Meenakshi Multispeciality Hospital (BOM:523489) Receivables Turnover: 9.60 (As of Jun. 2026)

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BOM:523489 Chennai Meenakshi Multispeciality Hospital Ltd BOM:523489
63 GF Score
Price ₹38.09
GF Value ₹37.75
Valuation Fairly Valued
! 2 Warning Signs
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What is Chennai Meenakshi Multispeciality Hospital Receivables Turnover?

Chennai Meenakshi Multispeciality Hospital BOM:523489 +5.37% 63 Receivables Turnover is 9.60 as of Jun. 2026. GuruFocus rates BOM:523489 with a GF Score™ of 63/100 and a GF Value™ of ₹37.75 (Fairly Valued). The stock has 2 warning signs investors should review. Among 659 Healthcare Providers & Services companies, Chennai Meenakshi Multispeciality Hospital ranks better than 92.26% 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. Chennai Meenakshi Multispeciality Hospital's Revenue for the three months ended in Jun. 2026 was ₹85.9 Mil. Chennai Meenakshi Multispeciality Hospital's average Accounts Receivable for the three months ended in Jun. 2026 was ₹9.0 Mil. Hence, Chennai Meenakshi Multispeciality Hospital's Receivables Turnover for the three months ended in Jun. 2026 was 9.60.


Chennai Meenakshi Multispeciality Hospital  (BOM:523489) 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.


Chennai Meenakshi Multispeciality Hospital Receivables Turnover Related Terms


Chennai Meenakshi Multispeciality Hospital Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Chennai Meenakshi Multispeciality Hospital'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.

Chennai Meenakshi Multispeciality Hospital Receivables Turnover Chart

Chennai Meenakshi Multispeciality Hospital 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 36.64 36.84 41.92 48.48 43.79

Chennai Meenakshi Multispeciality Hospital 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 10.86 11.35 10.92 10.96 9.60

BOM:523489 vs HCA, THC, DVA: Receivables Turnover Comparison

For the Medical Care Facilities subindustry, Chennai Meenakshi Multispeciality Hospital'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.


Chennai Meenakshi Multispeciality Hospital Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chennai Meenakshi Multispeciality Hospital's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Chennai Meenakshi Multispeciality Hospital's Receivables Turnover falls into.


BOM:523489
63GF Score
Chennai Meenakshi Multispeciality Hospital Ltd BOM:523489
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chennai Meenakshi Multispeciality Hospital Receivables Turnover Calculation

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

Chennai Meenakshi Multispeciality Hospital'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 )
=370.39 / ((7.966 + 8.951) / 2 )
=370.39 / 8.4585
=43.79

Chennai Meenakshi Multispeciality Hospital'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 )
=85.902 / ((8.951 + 0) / 1 )
=85.902 / 8.951
=9.60

* 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 9.60 mean?
Chennai Meenakshi Multispeciality Hospital (BOM:523489) has a Receivables Turnover of 9.60 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 Chennai Meenakshi Multispeciality Hospital and its competitors. According to the industry distribution chart, Chennai Meenakshi Multispeciality Hospital ranks #51 out of 659 companies in the Healthcare Providers & Services industry, placing it in the top 7.7%.
Is Chennai Meenakshi Multispeciality Hospital's Receivables Turnover too high?
Chennai Meenakshi Multispeciality Hospital's current Receivables Turnover is 9.60. The Healthcare Providers & Services industry median Receivables Turnover is 7.98. Chennai Meenakshi Multispeciality Hospital's value of 9.60 is 20.3% above this industry median. Based on the distribution chart, Chennai Meenakshi Multispeciality Hospital ranks #51 out of 659 companies in the Healthcare Providers & Services industry, which is in the top quartile — a strong position relative to peers. Overall, Chennai Meenakshi Multispeciality Hospital has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chennai Meenakshi Multispeciality Hospital's Receivables Turnover compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Chennai Meenakshi Multispeciality Hospital ranks #51 out of 659 companies for Receivables Turnover. This places Chennai Meenakshi Multispeciality Hospital in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.98. Chennai Meenakshi Multispeciality Hospital's value of 9.60 is 20.3% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.98, based on 659 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. Chennai Meenakshi Multispeciality Hospital's current Receivables Turnover of 9.60 is 20.3% 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 Chennai Meenakshi Multispeciality Hospital and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chennai Meenakshi Multispeciality Hospital's current Receivables Turnover is 9.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chennai Meenakshi Multispeciality Hospital stock overvalued right now?
Based on GuruFocus' analysis, Chennai Meenakshi Multispeciality Hospital (BOM:523489) is currently considered Fairly Valued. The stock's GF Value™ is ₹37.75, compared to a current price of ₹38.09 — trading 0.9% above its estimated fair value. The current Receivables Turnover is 9.60 and 20.3% above the Healthcare Providers & Services industry median of 7.98. Chennai Meenakshi Multispeciality Hospital's overall GF Score™ is 63/100 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 Chennai Meenakshi Multispeciality Hospital (BOM:523489), the current Receivables Turnover is 9.60 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 Chennai Meenakshi Multispeciality Hospital (BOM:523489) Overvalued in 2026?

Based on GuruFocus' analysis, Chennai Meenakshi Multispeciality Hospital stock appears to be overvalued. The current stock price of ₹38.09 is trading 0.9% above its estimated GF Value™ of ₹37.75. GuruFocus considers Chennai Meenakshi Multispeciality Hospital to be Fairly Valued.

Key valuation signals for BOM:523489:

  • Receivables Turnover: 9.60
  • GF Value™: ₹37.75 vs. price of ₹38.09 (0.9% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 20.3% above the Healthcare Providers & Services median (#51 of 659)

No single metric tells the full story. See the BOM:523489 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chennai Meenakshi Multispeciality Hospital Business Description

Address Luz Church Road, New No. 70, Old No. 149, Mylapore, Chennai, TN, IND, 600004
Website http://cmmh.in
Chennai Meenakshi Multispeciality Hospital Ltd is an India-based company engaged in hospital activities. It provides healthcare for the society in various branches of medicine, such as General Surgery, General Medicine, Pediatrics, Neurology, Cardiology, ENT, Ophthalmology, Radiology, Pathology, Gastroenterology, Urology, Thoracic Surgery, Plastic Surgery, Orthopedics, and other allied specialties.
63GF Score

Get the complete analysis for BOM:523489

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

₹38.09
Price
₹37.75
GF Value