Innovative Tech Pack (BOM:523840) Receivables Turnover: 1.60 (As of Jun. 2026)

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BOM:523840 Innovative Tech Pack Ltd BOM:523840
62 GF Score
Price ₹14.71
GF Value ₹23.38
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Innovative Tech Pack Receivables Turnover?

Innovative Tech Pack BOM:523840 -0.34% 62 Receivables Turnover is 1.60 as of Jun. 2026. GuruFocus rates BOM:523840 with a GF Score™ of 62/100 and a GF Value™ of ₹23.38 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 403 Packaging & Containers companies, Innovative Tech Pack ranks better than 77.92% 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. Innovative Tech Pack's Revenue for the three months ended in Jun. 2026 was ₹359 Mil. Innovative Tech Pack's average Accounts Receivable for the three months ended in Jun. 2026 was ₹225 Mil. Hence, Innovative Tech Pack's Receivables Turnover for the three months ended in Jun. 2026 was 1.60.


Innovative Tech Pack  (BOM:523840) 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.


Innovative Tech Pack Receivables Turnover Related Terms


Innovative Tech Pack Receivables Turnover Historical Data

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The historical data trend for Innovative Tech Pack'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.

Innovative Tech Pack Receivables Turnover Chart

Innovative Tech Pack 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 6.88 7.60 7.22 9.16 7.46

Innovative Tech Pack 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 2.81 1.68 1.88 1.48 1.60

BOM:523840 vs SW, AMCR, PKG: Receivables Turnover Comparison

For the Packaging & Containers subindustry, Innovative Tech Pack'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.


Innovative Tech Pack Receivables Turnover vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Innovative Tech Pack's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Innovative Tech Pack's Receivables Turnover falls into.


BOM:523840
62GF Score
Innovative Tech Pack Ltd BOM:523840
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Tech Pack Receivables Turnover Calculation

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

Innovative Tech Pack'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 )
=1271.178 / ((115.824 + 224.978) / 2 )
=1271.178 / 170.401
=7.46

Innovative Tech Pack'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 )
=359.49 / ((224.978 + 0) / 1 )
=359.49 / 224.978
=1.60

* 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 1.60 mean?
Innovative Tech Pack (BOM:523840) has a Receivables Turnover of 1.60 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 Innovative Tech Pack and its competitors. According to the industry distribution chart, Innovative Tech Pack ranks #89 out of 403 companies in the Packaging & Containers industry, placing it in the top 22.1%.
Is Innovative Tech Pack's Receivables Turnover too high?
Innovative Tech Pack's current Receivables Turnover is 1.60. The Packaging & Containers industry median Receivables Turnover is 5.39. Innovative Tech Pack's value of 1.60 is 70.3% below this industry median. Based on the distribution chart, Innovative Tech Pack ranks #89 out of 403 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Innovative Tech Pack has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tech Pack's Receivables Turnover compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Innovative Tech Pack ranks #89 out of 403 companies for Receivables Turnover. This places Innovative Tech Pack in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.39. Innovative Tech Pack's value of 1.60 is 70.3% 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 Packaging & Containers company?
The median Receivables Turnover among Packaging & Containers companies is 5.39, based on 403 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. Innovative Tech Pack's current Receivables Turnover of 1.60 is 70.3% 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 Innovative Tech Pack and its competitors. For the Packaging & Containers industry, the median Receivables Turnover is 5.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Tech Pack'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 Innovative Tech Pack stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tech Pack (BOM:523840) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹23.38, compared to a current price of ₹14.71 — trading 37.1% below its estimated fair value. The current Receivables Turnover is 1.60 and 70.3% below the Packaging & Containers industry median of 5.39. Innovative Tech Pack's overall GF Score™ is 62/100 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 Innovative Tech Pack (BOM:523840), the current Receivables Turnover is 1.60 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 Innovative Tech Pack (BOM:523840) Overvalued in 2026?

Based on GuruFocus' analysis, Innovative Tech Pack stock appears to be undervalued. The current stock price of ₹14.71 is trading 37.1% below its estimated GF Value™ of ₹23.38. GuruFocus considers Innovative Tech Pack to be Significantly Undervalued.

Key valuation signals for BOM:523840:

  • Receivables Turnover: 1.60
  • GF Value™: ₹23.38 vs. price of ₹14.71 (37.1% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 70.3% below the Packaging & Containers median (#89 of 403)

No single metric tells the full story. See the BOM:523840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Innovative Tech Pack Business Description

Address Sector-135, 803-805, 8th Floor, Tower-2, Assotech Business Cresterra, Noida, UP, IND, 201301
Innovative Tech Pack Ltd operates in the plastic packaging industry in India. The company is engaged in the business of manufacturing and reselling plastic bottles, jars, containers, pre-forms, and caps. Its product portfolio includes packaging for oils, liquor, medicinal syrups, sauces, insect repellents, honey, energy powders, candies, biscuits, mayonnaise, and dairy-based beverages. The company serves clients in various industries, including food, confectionery, beverage, consumer care, pharmaceutical, dairy, and other industries.
62GF Score

Get the complete analysis for BOM:523840

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

₹14.71
Price
₹23.38
GF Value