Maruti Suzuki India (BOM:532500) Receivables Turnover: 9.68 (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:532500 Maruti Suzuki India Ltd BOM:532500
92 GF Score
Price ₹13,865.00
GF Value ₹16,726.81
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Maruti Suzuki India Receivables Turnover?

Maruti Suzuki India BOM:532500 -0.23% 92 Receivables Turnover is 9.68 as of Jun. 2026. GuruFocus rates BOM:532500 with a GF Score™ of 92/100 and a GF Value™ of ₹16,726.81 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,316 Vehicles & Parts companies, Maruti Suzuki India ranks better than 92.48% 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. Maruti Suzuki India's Revenue for the three months ended in Jun. 2026 was ₹517,082 Mil. Maruti Suzuki India's average Accounts Receivable for the three months ended in Jun. 2026 was ₹53,420 Mil. Hence, Maruti Suzuki India's Receivables Turnover for the three months ended in Jun. 2026 was 9.68.


Maruti Suzuki India  (BOM:532500) 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.


Maruti Suzuki India Receivables Turnover Related Terms


Maruti Suzuki India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maruti Suzuki 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.

Maruti Suzuki India Receivables Turnover Chart

Maruti Suzuki 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 51.39 42.77 34.63 26.48 29.81

Maruti Suzuki 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 5.81 5.48 6.48 9.65 9.68

BOM:532500 vs TSLA, GM, F: Receivables Turnover Comparison

For the Auto Manufacturers subindustry, Maruti Suzuki 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.


Maruti Suzuki India Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Maruti Suzuki India's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maruti Suzuki India's Receivables Turnover falls into.


BOM:532500
92GF Score
Maruti Suzuki India Ltd BOM:532500
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruti Suzuki India Receivables Turnover Calculation

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

Maruti Suzuki 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 )
=1770941 / ((65397 + 53420) / 2 )
=1770941 / 59408.5
=29.81

Maruti Suzuki 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 )
=517082 / ((53420 + 0) / 1 )
=517082 / 53420
=9.68

* 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 9.68 mean?
Maruti Suzuki India (BOM:532500) has a Receivables Turnover of 9.68 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 Maruti Suzuki India and its competitors. According to the industry distribution chart, Maruti Suzuki India ranks #99 out of 1316 companies in the Vehicles & Parts industry, placing it in the top 7.5%.
Is Maruti Suzuki India's Receivables Turnover too high?
Maruti Suzuki India's current Receivables Turnover is 9.68. The Vehicles & Parts industry median Receivables Turnover is 6.00. Maruti Suzuki India's value of 9.68 is 61.3% above this industry median. Based on the distribution chart, Maruti Suzuki India ranks #99 out of 1316 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Maruti Suzuki India has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maruti Suzuki India's Receivables Turnover compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Maruti Suzuki India ranks #99 out of 1316 companies for Receivables Turnover. This places Maruti Suzuki India in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.00. Maruti Suzuki India's value of 9.68 is 61.3% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 6.00, based on 1,316 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. Maruti Suzuki India's current Receivables Turnover of 9.68 is 61.3% 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 Maruti Suzuki India and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruti Suzuki India's current Receivables Turnover is 9.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruti Suzuki India stock overvalued right now?
Based on GuruFocus' analysis, Maruti Suzuki India (BOM:532500) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16,726.81, compared to a current price of ₹13,865.00 — trading 17.1% below its estimated fair value. The current Receivables Turnover is 9.68 and 61.3% above the Vehicles & Parts industry median of 6.00. Maruti Suzuki India's overall GF Score™ is 92/100 with 1 warning sign 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 Maruti Suzuki India (BOM:532500), the current Receivables Turnover is 9.68 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 Maruti Suzuki India (BOM:532500) Overvalued in 2026?

Based on GuruFocus' analysis, Maruti Suzuki India stock appears to be undervalued. The current stock price of ₹13,865.00 is trading 17.1% below its estimated GF Value™ of ₹16,726.81. GuruFocus considers Maruti Suzuki India to be Modestly Undervalued.

Key valuation signals for BOM:532500:

  • Receivables Turnover: 9.68
  • GF Value™: ₹16,726.81 vs. price of ₹13,865.00 (17.1% below fair value)
  • GF Score™: 92/100 with 1 warning sign
  • Industry Position: 61.3% above the Vehicles & Parts median (#99 of 1316)

No single metric tells the full story. See the BOM:532500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruti Suzuki India Business Description

Other Exchanges MARUTI:India
Address 1, Nelson Mandela Road, Vasant Kunj, New Delhi, IND, 110070
Maruti Suzuki India Ltd, a subsidiary of Suzuki Motor Corp. The company is engaged in the manufacturing, purchase, and sale of motor vehicles, components, and spare parts. Its other activities include the facilitation of pre-owned car sales, fleet management, and car financing. The company manufactures various types of passenger vehicles and light commercial vehicles for its customers belonging to different income categories. Some of the vehicles manufactured by it are: WagonR, Dzire, Ertiga, Fronx (SUV), and others. Geographically, the company generates a majority of its revenue from its business in India and also engages in exports of its products to countries like Chile, Saudi Arabia, South Africa, Japan, Mexico, and others.
92GF Score

Get the complete analysis for BOM:532500

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

₹13,865.00
Price
₹16,726.81
GF Value