Patel Chem Specialities (BOM:544460) Receivables Turnover: 2.95 (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:544460 Patel Chem Specialities Ltd BOM:544460
21 GF Score
Price ₹102.25
! 3 Warning Signs
View Full Analysis

What is Patel Chem Specialities Receivables Turnover?

Patel Chem Specialities BOM:544460 -3.22% 21 Receivables Turnover is 2.95 as of Mar. 2026. GuruFocus rates BOM:544460 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,590 Chemicals companies, Patel Chem Specialities ranks worse than 51.51% 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. Patel Chem Specialities's Revenue for the six months ended in Mar. 2026 was ₹761 Mil. Patel Chem Specialities's average Accounts Receivable for the six months ended in Mar. 2026 was ₹258 Mil. Hence, Patel Chem Specialities's Receivables Turnover for the six months ended in Mar. 2026 was 2.95.


Patel Chem Specialities  (BOM:544460) 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.


Patel Chem Specialities Receivables Turnover Related Terms


Patel Chem Specialities Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Patel Chem Specialities'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.

Patel Chem Specialities Receivables Turnover Chart

Patel Chem Specialities Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
6.32 5.65 5.42 4.77 5.42

Patel Chem Specialities Semi-Annual Data
Sep25 Mar26
Receivables Turnover 2.85 2.95

BOM:544460 vs DOW: Receivables Turnover Comparison

For the Chemicals subindustry, Patel Chem Specialities'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.


Patel Chem Specialities Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Patel Chem Specialities's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Patel Chem Specialities's Receivables Turnover falls into.


BOM:544460
21GF Score
Patel Chem Specialities Ltd BOM:544460
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Patel Chem Specialities Receivables Turnover Calculation

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

Patel Chem Specialities'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 )
=1372.633 / ((211.159 + 295.309) / 2 )
=1372.633 / 253.234
=5.42

Patel Chem Specialities'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 )
=761.052 / ((221.183 + 295.309) / 2 )
=761.052 / 258.246
=2.95

* 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 2.95 mean?
Patel Chem Specialities (BOM:544460) has a Receivables Turnover of 2.95 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 Patel Chem Specialities and its competitors. According to the industry distribution chart, Patel Chem Specialities ranks #819 out of 1590 companies in the Chemicals industry, placing it in the top 51.5%.
Is Patel Chem Specialities' Receivables Turnover too high?
Patel Chem Specialities' current Receivables Turnover is 2.95. The Chemicals industry median Receivables Turnover is 5.78. Patel Chem Specialities' value of 2.95 is 48.9% below this industry median. Based on the distribution chart, Patel Chem Specialities ranks #819 out of 1590 companies in the Chemicals industry, which is below the industry midpoint. Overall, Patel Chem Specialities has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Patel Chem Specialities' Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Patel Chem Specialities ranks #819 out of 1590 companies for Receivables Turnover. This places Patel Chem Specialities in the lower half of its industry. The industry median Receivables Turnover is 5.78. Patel Chem Specialities' value of 2.95 is 48.9% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.78, based on 1,590 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. Patel Chem Specialities's current Receivables Turnover of 2.95 is 48.9% 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 Patel Chem Specialities and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Chem Specialities's current Receivables Turnover is 2.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Chem Specialities stock overvalued right now?
Patel Chem Specialities (BOM:544460) has a current Receivables Turnover of 2.95. The current Receivables Turnover is 2.95 and 48.9% below the Chemicals industry median of 5.78. Patel Chem Specialities' overall GF Score™ is 21/100 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 Patel Chem Specialities (BOM:544460), the current Receivables Turnover is 2.95 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.

Patel Chem Specialities Business Description

Address Vatva Road, Plot No. 272/4-5, Phase II, G.I.D.C Industrial Estate, Ahmedabad, GJ, IND, 382445
Patel Chem Specialities Ltd operates in the field of specialty chemicals, particularly focusing on the production of cellulose-based excipients. It manufactures a diverse products that are critical to various industries, including pharmaceuticals, food & beverages, cosmetics, and numerous industrial applications. These chemicals are fundamental in the formulation of essential products such as tablets, food additives, personal care items, and industrial formulations. Its products play vital roles as binders, disintegrants, thickeners, stabilizers, and gelling agents, each serving a specialized function across multiple sectors.
21GF Score

Get the complete analysis for BOM:544460

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

₹102.25
Price