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.
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.
Seemax ResourcesBOM:544813 -1.79%19 Receivables Turnover is 7.06 as of Mar. 2025. GuruFocus rates BOM:544813 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,059 Business Services companies, Seemax Resources ranks better than 58.55% 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. Seemax Resources's Revenue for the
six
months ended in Mar. 2025 was ₹144.2 Mil. Seemax Resources's average Accounts Receivable for the
six
months ended in Mar. 2025 was ₹20.4 Mil.
Hence, Seemax Resources's Receivables Turnover for the
six
months ended in Mar. 2025 was 7.06.
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.
Seemax Resources Receivables Turnover Related Terms
Seemax Resources Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Seemax Resources'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.
Seemax Resources Receivables Turnover Chart
Seemax Resources Annual Data
Trend
Mar23
Mar24
Mar25
Receivables Turnover
6.40
6.89
7.06
Seemax Resources Semi-Annual Data
Mar23
Mar24
Mar25
Receivables Turnover
6.40
6.89
7.06
BOM:544813 vs URI, SUNB, AER: Receivables Turnover Comparison
For the Rental & Leasing Services subindustry, Seemax Resources'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.
Seemax Resources Receivables Turnover vs Business Services Industry
For the Business Services industry and Industrials sector, Seemax Resources's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Seemax Resources'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.
Seemax Resources (BOM:544813) has a Receivables Turnover of 7.06 as of Mar. 2025. 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 Seemax Resources and its competitors. According to the industry distribution chart, Seemax Resources ranks #439 out of 1059 companies in the Business Services industry, placing it in the top 41.5%.
Is Seemax Resources' Receivables Turnover too high?
Seemax Resources' current Receivables Turnover is 7.06. The Business Services industry median Receivables Turnover is 6.44. Seemax Resources' value of 7.06 is 9.6% above this industry median. Based on the distribution chart, Seemax Resources ranks #439 out of 1059 companies in the Business Services industry, which is above the industry midpoint. Overall, Seemax Resources has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Seemax Resources' Receivables Turnover compare to URI and SUNB?
According to the Business Services industry distribution chart, Seemax Resources ranks #439 out of 1059 companies for Receivables Turnover. This puts Seemax Resources in the upper half of its industry. The industry median Receivables Turnover is 6.44. Seemax Resources' value of 7.06 is 9.6% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.44, based on 1,059 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. Seemax Resources's current Receivables Turnover of 7.06 is 9.6% 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 Seemax Resources and its competitors. For the Business Services industry, the median Receivables Turnover is 6.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seemax Resources's current Receivables Turnover is 7.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seemax Resources stock overvalued right now?
Seemax Resources (BOM:544813) has a current Receivables Turnover of 7.06. The current Receivables Turnover is 7.06 and 9.6% above the Business Services industry median of 6.44. Seemax Resources' overall GF Score™ is 19/100 with 4 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 Seemax Resources (BOM:544813), the current Receivables Turnover is 7.06 as of Mar. 2025. 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.
Seemax Resources Ltd is engaged in the supply and service of Material Handling Equipment (MHE). It provides rental solutions for material handling equipment (MHE), along with maintenance services and operator support. Its equipment portfolio includes battery forklifts, diesel forklifts, Hydra cranes, battery-operated pallet trucks (BOPT), and reach trucks. The company serves customers across sectors including manufacturing, warehousing, logistics, ports, construction, and industrial infrastructure. Additionally, it is engaged in the trading of Material Handling Equipment (MHE). The majority of revenue is derived from the provision of Sale of Services - Renting Income.
19GF Score
Get the complete analysis for BOM:544813
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544813 has been successfully added to your 
