Syncom Formulation (India) (BOM:524470) Receivables Turnover: 1.14 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:524470 Syncom Formulation (India) Ltd BOM:524470
83 GF Score
Price ₹21.30
GF Value ₹20.56
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Syncom Formulation (India) Receivables Turnover?

Syncom Formulation (India) BOM:524470 +6.58% 83 Receivables Turnover is 1.14 as of Jun. 2026. GuruFocus rates BOM:524470 with a GF Score™ of 83/100 and a GF Value™ of ₹20.56 (Fairly Valued). The stock has 4 warning signs investors should review. Among 947 Drug Manufacturers companies, Syncom Formulation (India) ranks worse than 55.97% 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. Syncom Formulation (India)'s Revenue for the three months ended in Jun. 2026 was ₹1,255 Mil. Syncom Formulation (India)'s average Accounts Receivable for the three months ended in Jun. 2026 was ₹1,105 Mil. Hence, Syncom Formulation (India)'s Receivables Turnover for the three months ended in Jun. 2026 was 1.14.


Syncom Formulation (India)  (BOM:524470) 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.


Syncom Formulation (India) Receivables Turnover Related Terms


Syncom Formulation (India) Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Syncom Formulation (India)'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.

Syncom Formulation (India) Receivables Turnover Chart

Syncom Formulation (India) 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 3.06 3.11 2.90 4.41 4.49

Syncom Formulation (India) 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 1.09 1.19 1.13 1.23 1.14

BOM:524470 vs ZTS: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Syncom Formulation (India)'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.


Syncom Formulation (India) Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Syncom Formulation (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Syncom Formulation (India)'s Receivables Turnover falls into.


BOM:524470
83GF Score
Syncom Formulation (India) Ltd BOM:524470
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Syncom Formulation (India) Receivables Turnover Calculation

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

Syncom Formulation (India)'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 )
=4891.715 / ((1075.485 + 1105.048) / 2 )
=4891.715 / 1090.2665
=4.49

Syncom Formulation (India)'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 )
=1255.264 / ((1105.048 + 0) / 1 )
=1255.264 / 1105.048
=1.14

* 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 1.14 mean?
Syncom Formulation (India) (BOM:524470) has a Receivables Turnover of 1.14 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 Syncom Formulation (India) and its competitors. According to the industry distribution chart, Syncom Formulation (India) ranks #530 out of 947 companies in the Drug Manufacturers industry, placing it in the top 56%.
Is Syncom Formulation (India)'s Receivables Turnover too high?
Syncom Formulation (India)'s current Receivables Turnover is 1.14. The Drug Manufacturers industry median Receivables Turnover is 5.08. Syncom Formulation (India)'s value of 1.14 is 77.6% below this industry median. Based on the distribution chart, Syncom Formulation (India) ranks #530 out of 947 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Syncom Formulation (India) has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Syncom Formulation (India)'s Receivables Turnover compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Syncom Formulation (India) ranks #530 out of 947 companies for Receivables Turnover. This places Syncom Formulation (India) in the lower half of its industry. The industry median Receivables Turnover is 5.08. Syncom Formulation (India)'s value of 1.14 is 77.6% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.08, based on 947 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. Syncom Formulation (India)'s current Receivables Turnover of 1.14 is 77.6% 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 Syncom Formulation (India) and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Syncom Formulation (India)'s current Receivables Turnover is 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syncom Formulation (India) stock overvalued right now?
Based on GuruFocus' analysis, Syncom Formulation (India) (BOM:524470) is currently considered Fairly Valued. The stock's GF Value™ is ₹20.56, compared to a current price of ₹21.30 — trading 3.6% above its estimated fair value. The current Receivables Turnover is 1.14 and 77.6% below the Drug Manufacturers industry median of 5.08. Syncom Formulation (India)'s overall GF Score™ is 83/100 with 4 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 Syncom Formulation (India) (BOM:524470), the current Receivables Turnover is 1.14 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 Syncom Formulation (India) (BOM:524470) Overvalued in 2026?

Based on GuruFocus' analysis, Syncom Formulation (India) stock appears to be overvalued. The current stock price of ₹21.30 is trading 3.6% above its estimated GF Value™ of ₹20.56. GuruFocus considers Syncom Formulation (India) to be Fairly Valued.

Key valuation signals for BOM:524470:

  • Receivables Turnover: 1.14
  • GF Value™: ₹20.56 vs. price of ₹21.30 (3.6% above fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 77.6% below the Drug Manufacturers median (#530 of 947)

No single metric tells the full story. See the BOM:524470 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Syncom Formulation (India) Business Description

Other Exchanges SYNCOMF:India
Address 207, Saket Nagar, Near Saket Club, Indore, MP, IND, 452018
Syncom Formulation (India) Ltd is in the business of pharmaceuticals. The company operates through three segments including manufacturing and dealings in Pharmaceutical drugs and formulations, Trading of commodities, and Renting of property. It manufactures and markets pharmaceutical formulation products in various dosage forms like tablets, capsules, liquids orals, liquids vials, ampoule injections and dry vial injections, dry syrups, ointments, inhalers, and Herbals. The company's product includes generic, antiviral, antidepressant, cough suppressant, electrolyte, histamine, estrogen, and much more. It generates maximum revenue through the Pharmaceutical drugs and formulations segment.
83GF Score

Get the complete analysis for BOM:524470

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

₹21.30
Price
₹20.56
GF Value