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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. Thakkers Developers's Revenue for the
three
months ended in Mar. 2026 was ₹47.8 Mil. Thakkers Developers's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹19.4 Mil.
Hence, Thakkers Developers's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.47.
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.
Thakkers Developers Receivables Turnover Related Terms
Thakkers Developers Receivables Turnover Historical Data
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The historical data trend for Thakkers Developers'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.
For the Real Estate - Development subindustry, Thakkers Developers'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.
Thakkers Developers Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Thakkers Developers's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Thakkers Developers'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.
Thakkers Developers (BOM:526654) has a Receivables Turnover of 2.47 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 Thakkers Developers and its competitors. According to the industry distribution chart, Thakkers Developers ranks #508 out of 1671 companies in the Real Estate industry, placing it in the top 30.4%.
Is Thakkers Developers' Receivables Turnover too high?
Thakkers Developers' current Receivables Turnover is 2.47. The Real Estate industry median Receivables Turnover is 10.46. Thakkers Developers' value of 2.47 is 76.4% below this industry median. Based on the distribution chart, Thakkers Developers ranks #508 out of 1671 companies in the Real Estate industry, which is above the industry midpoint. Overall, Thakkers Developers has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thakkers Developers' Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Thakkers Developers ranks #508 out of 1671 companies for Receivables Turnover. This puts Thakkers Developers in the upper half of its industry. The industry median Receivables Turnover is 10.46. Thakkers Developers' value of 2.47 is 76.4% 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 a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.46, based on 1,671 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. Thakkers Developers's current Receivables Turnover of 2.47 is 76.4% 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 Thakkers Developers and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakkers Developers's current Receivables Turnover is 2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thakkers Developers stock overvalued right now?
Based on GuruFocus' analysis, Thakkers Developers (BOM:526654) is currently considered Fairly Valued. The stock's GF Value™ is ₹166.75, compared to a current price of ₹158.00 — trading 5.2% below its estimated fair value. The current Receivables Turnover is 2.47 and 76.4% below the Real Estate industry median of 10.46. Thakkers Developers' overall GF Score™ is 63/100 with 6 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 Thakkers Developers (BOM:526654), the current Receivables Turnover is 2.47 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 Thakkers Developers (BOM:526654) Overvalued in 2026?
Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued.
The current stock price of ₹158.00 is trading 5.2% below its estimated GF Value™ of ₹166.75.
GuruFocus considers Thakkers Developers to be Fairly Valued.
Key valuation signals for BOM:526654:
Receivables Turnover: 2.47
GF Value™: ₹166.75 vs. price of ₹158.00 (5.2% below fair value)
Industry Position: 76.4% below the Real Estate median (#508 of 1671)
No single metric tells the full story. See the BOM:526654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
63GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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