Mihika Industries (BOM:538895) Receivables Turnover: 0.29 (As of Jun. 2026)

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BOM:538895 Mihika Industries Ltd BOM:538895
30 GF Score
Price ₹10.15
! 2 Warning Signs
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What is Mihika Industries Receivables Turnover?

Mihika Industries BOM:538895 -0.68% 30 Receivables Turnover is 0.29 as of Jun. 2026. GuruFocus rates BOM:538895 with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 302 Retail - Defensive companies, Mihika Industries ranks worse than 98.01% 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. Mihika Industries's Revenue for the three months ended in Jun. 2026 was ₹4.53 Mil. Mihika Industries's average Accounts Receivable for the three months ended in Jun. 2026 was ₹15.71 Mil. Hence, Mihika Industries's Receivables Turnover for the three months ended in Jun. 2026 was 0.29.


Mihika Industries  (BOM:538895) 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.


Mihika Industries Receivables Turnover Related Terms


Mihika Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mihika Industries'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.

Mihika Industries Receivables Turnover Chart

Mihika Industries 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 10.24 0.00 1.00 9.78 2.16

Mihika Industries 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 1.84 0.37 0.23 0.28 0.29

BOM:538895 vs SYY, USFD, PFGC: Receivables Turnover Comparison

For the Food Distribution subindustry, Mihika Industries'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.


Mihika Industries Receivables Turnover vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Mihika Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mihika Industries's Receivables Turnover falls into.


BOM:538895
30GF Score
Mihika Industries Ltd BOM:538895
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mihika Industries Receivables Turnover Calculation

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

Mihika Industries'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 )
=26.764 / ((9.028 + 15.713) / 2 )
=26.764 / 12.3705
=2.16

Mihika Industries'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 )
=4.527 / ((15.713 + 0) / 1 )
=4.527 / 15.713
=0.29

* 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 0.29 mean?
Mihika Industries (BOM:538895) has a Receivables Turnover of 0.29 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 Mihika Industries and its competitors. According to the industry distribution chart, Mihika Industries ranks #296 out of 302 companies in the Retail - Defensive industry, placing it in the top 98%.
Is Mihika Industries' Receivables Turnover too high?
Mihika Industries' current Receivables Turnover is 0.29. The Retail - Defensive industry median Receivables Turnover is 17.14. Mihika Industries' value of 0.29 is 98.3% below this industry median. Based on the distribution chart, Mihika Industries ranks #296 out of 302 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Mihika Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Mihika Industries' Receivables Turnover compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Mihika Industries ranks #296 out of 302 companies for Receivables Turnover. This places Mihika Industries in the lower half of its industry. The industry median Receivables Turnover is 17.14. Mihika Industries' value of 0.29 is 98.3% 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 Retail - Defensive company?
The median Receivables Turnover among Retail - Defensive companies is 17.14, based on 302 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. Mihika Industries's current Receivables Turnover of 0.29 is 98.3% 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 Mihika Industries and its competitors. For the Retail - Defensive industry, the median Receivables Turnover is 17.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mihika Industries's current Receivables Turnover is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mihika Industries stock overvalued right now?
Mihika Industries (BOM:538895) has a current Receivables Turnover of 0.29. The current Receivables Turnover is 0.29 and 98.3% below the Retail - Defensive industry median of 17.14. Mihika Industries' overall GF Score™ is 30/100 with 2 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 Mihika Industries (BOM:538895), the current Receivables Turnover is 0.29 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.

Mihika Industries Business Description

Address Ashok Vatika, B-1810, Navratna Corporate Park, Ambli, Daskroi, Ahmedabad, GJ, IND, 380058
Mihika Industries Ltd is engaged in the trading of agricultural goods, commodities, and agri materials. The company operates only in one business segment, the Agri Trading Business.
30GF Score

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