Indong Tea Co (BOM:543769) Receivables Turnover: 2.26 (As of Mar. 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:543769 Indong Tea Co Ltd BOM:543769
60 GF Score
Price ₹9.65
GF Value ₹14.26
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Indong Tea Co Receivables Turnover?

Indong Tea Co BOM:543769 +0.31% 60 Receivables Turnover is 2.26 as of Mar. 2026. GuruFocus rates BOM:543769 with a GF Score™ of 60/100 and a GF Value™ of ₹14.26 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,944 Consumer Packaged Goods companies, Indong Tea Co ranks worse than 85.85% 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. Indong Tea Co's Revenue for the six months ended in Mar. 2026 was ₹82.7 Mil. Indong Tea Co's average Accounts Receivable for the six months ended in Mar. 2026 was ₹36.6 Mil. Hence, Indong Tea Co's Receivables Turnover for the six months ended in Mar. 2026 was 2.26.


Indong Tea Co  (BOM:543769) 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.


Indong Tea Co Receivables Turnover Related Terms


Indong Tea Co Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Indong Tea Co'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.

Indong Tea Co Receivables Turnover Chart

Indong Tea Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 56.00 36.56 61.60 7.56 5.73

Indong Tea Co Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 15.65 20.54 3.46 1.95 2.26

BOM:543769 vs ADM, BG, TSN: Receivables Turnover Comparison

For the Farm Products subindustry, Indong Tea Co'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.


Indong Tea Co Receivables Turnover vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Indong Tea Co's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Indong Tea Co's Receivables Turnover falls into.


BOM:543769
60GF Score
Indong Tea Co Ltd BOM:543769
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indong Tea Co Receivables Turnover Calculation

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

Indong Tea Co'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 )
=230.049 / ((79.184 + 1.061) / 2 )
=230.049 / 40.1225
=5.73

Indong Tea Co's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=82.71 / ((72.07 + 1.061) / 2 )
=82.71 / 36.5655
=2.26

* 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 2.26 mean?
Indong Tea Co (BOM:543769) has a Receivables Turnover of 2.26 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 Indong Tea Co and its competitors. According to the industry distribution chart, Indong Tea Co ranks #1669 out of 1944 companies in the Consumer Packaged Goods industry, placing it in the top 85.9%.
Is Indong Tea Co's Receivables Turnover too high?
Indong Tea Co's current Receivables Turnover is 2.26. The Consumer Packaged Goods industry median Receivables Turnover is 9.34. Indong Tea Co's value of 2.26 is 75.8% below this industry median. Based on the distribution chart, Indong Tea Co ranks #1669 out of 1944 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Indong Tea Co has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Indong Tea Co's Receivables Turnover compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Indong Tea Co ranks #1669 out of 1944 companies for Receivables Turnover. This places Indong Tea Co in the lower half of its industry. The industry median Receivables Turnover is 9.34. Indong Tea Co's value of 2.26 is 75.8% 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 Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.34, based on 1,944 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. Indong Tea Co's current Receivables Turnover of 2.26 is 75.8% 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 Indong Tea Co and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indong Tea Co's current Receivables Turnover is 2.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indong Tea Co stock overvalued right now?
Based on GuruFocus' analysis, Indong Tea Co (BOM:543769) is currently considered Possible Value Trap. The stock's GF Value™ is ₹14.26, compared to a current price of ₹9.65 — trading 32.3% below its estimated fair value. The current Receivables Turnover is 2.26 and 75.8% below the Consumer Packaged Goods industry median of 9.34. Indong Tea Co's overall GF Score™ is 60/100 with 5 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 Indong Tea Co (BOM:543769), the current Receivables Turnover is 2.26 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 Indong Tea Co (BOM:543769) Overvalued in 2026?

Based on GuruFocus' analysis, Indong Tea Co stock appears to be undervalued. The current stock price of ₹9.65 is trading 32.3% below its estimated GF Value™ of ₹14.26. GuruFocus considers Indong Tea Co to be Possible Value Trap.

Key valuation signals for BOM:543769:

  • Receivables Turnover: 2.26
  • GF Value™: ₹14.26 vs. price of ₹9.65 (32.3% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 75.8% below the Consumer Packaged Goods median (#1669 of 1944)

No single metric tells the full story. See the BOM:543769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indong Tea Co Business Description

Address 4/1, Middleton Street, 5th Floor, Sikkim Commerce House, Kolkata, WB, IND, 700071
Indong Tea Co Ltd is involved in cultivating, manufacturing, and selling tea. The company's main business is the production of tea, which is sold through auction centers and as bulk or private sales. Their product portfolio includes CTC (Crush/Cut, Tear, Curl) Black Tea and a Dairy Unit.
60GF Score

Get the complete analysis for BOM:543769

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

₹9.65
Price
₹14.26
GF Value