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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. Mirza International's Revenue for the
three
months ended in Mar. 2026 was ₹1,026 Mil. Mirza International's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹694 Mil.
Hence, Mirza International's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.48.
Mirza International (BOM:526642) 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.
Mirza International Receivables Turnover Related Terms
Mirza International Receivables Turnover Historical Data
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The historical data trend for Mirza International'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:526642 vs NKE, DECK, ONON: Receivables Turnover Comparison
For the Footwear & Accessories subindustry, Mirza International'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.
Mirza International Receivables Turnover vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mirza International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mirza International'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.
Mirza International (BOM:526642) has a Receivables Turnover of 1.48 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 Mirza International and its competitors. According to the industry distribution chart, Mirza International ranks #596 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.5%.
Is Mirza International's Receivables Turnover too high?
Mirza International's current Receivables Turnover is 1.48. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.88. Mirza International's value of 1.48 is 78.5% below this industry median. Based on the distribution chart, Mirza International ranks #596 out of 1036 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Mirza International has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mirza International's Receivables Turnover compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mirza International ranks #596 out of 1036 companies for Receivables Turnover. This places Mirza International in the lower half of its industry. The industry median Receivables Turnover is 6.88. Mirza International's value of 1.48 is 78.5% 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 Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.88, based on 1,036 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. Mirza International's current Receivables Turnover of 1.48 is 78.5% 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 Mirza International and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirza International's current Receivables Turnover is 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirza International stock overvalued right now?
Based on GuruFocus' analysis, Mirza International (BOM:526642) is currently considered Fairly Valued. The stock's GF Value™ is ₹33.10, compared to a current price of ₹33.71 — trading 1.8% above its estimated fair value. The current Receivables Turnover is 1.48 and 78.5% below the Manufacturing - Apparel & Accessories industry median of 6.88. Mirza International's overall GF Score™ is 64/100 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 Mirza International (BOM:526642), the current Receivables Turnover is 1.48 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 Mirza International (BOM:526642) Overvalued in 2026?
Based on GuruFocus' analysis, Mirza International stock appears to be overvalued.
The current stock price of ₹33.71 is trading 1.8% above its estimated GF Value™ of ₹33.10.
GuruFocus considers Mirza International to be Fairly Valued.
Key valuation signals for BOM:526642:
Receivables Turnover: 1.48
GF Value™: ₹33.10 vs. price of ₹33.71 (1.8% above fair value)
Industry Position: 78.5% below the Manufacturing - Apparel & Accessories median (#596 of 1036)
No single metric tells the full story. See the BOM:526642 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mirza International Ltd is engaged in the manufacturing and marketing of leather footwear and finished leather. The business segments of the company include the Footwear division and Tannery Division, where the majority is generated from Footwear. Geographically, the company generates the majority of its revenue from the UK. The brands of the company include Thomas Crick, Off the Hook, and Oaktrak.
64GF Score
Get the complete analysis for BOM:526642
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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