Millworks Technologies (BOM:544826) Receivables Turnover: 2.04 (As of Mar. 2026)

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BOM:544826 Millworks Technologies Ltd BOM:544826
22 GF Score
Price ₹1,170.20
! 4 Warning Signs
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What is Millworks Technologies Receivables Turnover?

Millworks Technologies BOM:544826 +4.33% 22 Receivables Turnover is 2.04 as of Mar. 2026. GuruFocus rates BOM:544826 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 3,045 Industrial Products companies, Millworks Technologies ranks worse than 88.44% 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. Millworks Technologies's Revenue for the six months ended in Mar. 2026 was ₹1,487 Mil. Millworks Technologies's average Accounts Receivable for the six months ended in Mar. 2026 was ₹727 Mil. Hence, Millworks Technologies's Receivables Turnover for the six months ended in Mar. 2026 was 2.04.


Millworks Technologies  (BOM:544826) 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.


Millworks Technologies Receivables Turnover Related Terms


Millworks Technologies Receivables Turnover Historical Data

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The historical data trend for Millworks Technologies'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.

Millworks Technologies Receivables Turnover Chart

Millworks Technologies Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Receivables Turnover
2.58 7.30 5.07 2.04

Millworks Technologies Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Receivables Turnover 2.58 7.30 5.07 2.04

BOM:544826 vs ATI, CRS, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, Millworks Technologies'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.


Millworks Technologies Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Millworks Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Millworks Technologies's Receivables Turnover falls into.


BOM:544826
22GF Score
Millworks Technologies Ltd BOM:544826
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Millworks Technologies Receivables Turnover Calculation

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

Millworks Technologies'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 )
=1487.331 / ((68.065 + 1386.868) / 2 )
=1487.331 / 727.4665
=2.04

Millworks Technologies'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: Mar. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1487.331 / ((68.065 + 1386.868) / 2 )
=1487.331 / 727.4665
=2.04

* 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 2.04 mean?
Millworks Technologies (BOM:544826) has a Receivables Turnover of 2.04 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 Millworks Technologies and its competitors. According to the industry distribution chart, Millworks Technologies ranks #2693 out of 3045 companies in the Industrial Products industry, placing it in the top 88.4%.
Is Millworks Technologies' Receivables Turnover too high?
Millworks Technologies' current Receivables Turnover is 2.04. The Industrial Products industry median Receivables Turnover is 4.51. Millworks Technologies' value of 2.04 is 54.8% below this industry median. Based on the distribution chart, Millworks Technologies ranks #2693 out of 3045 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Millworks Technologies has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Millworks Technologies' Receivables Turnover compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Millworks Technologies ranks #2693 out of 3045 companies for Receivables Turnover. This places Millworks Technologies in the lower half of its industry. The industry median Receivables Turnover is 4.51. Millworks Technologies' value of 2.04 is 54.8% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,045 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. Millworks Technologies's current Receivables Turnover of 2.04 is 54.8% 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 Millworks Technologies and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millworks Technologies's current Receivables Turnover is 2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millworks Technologies stock overvalued right now?
Millworks Technologies (BOM:544826) has a current Receivables Turnover of 2.04. The current Receivables Turnover is 2.04 and 54.8% below the Industrial Products industry median of 4.51. Millworks Technologies' overall GF Score™ is 22/100 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 Millworks Technologies (BOM:544826), the current Receivables Turnover is 2.04 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.

Millworks Technologies Business Description

Address No.458/1, 10th a Cross, Phase-4, Peenya Industrial Area, Near Brundavan Bus Stop, Peenya Small Industries, Bangalore north, Bangalore, KA, IND, 560058
Millworks Technologies Ltd is a precision engineering company engaged in the manufacture of machined components, sheet metal parts, and integrated assemblies used in applications across the railways, aerospace, defence, and semiconductor sectors. Its product offerings include various Aero Engine Parts, Train Door Parts, Automation Machinery, etc. The majority of revenue is derived from the sale of its products to the Defence sector.
22GF Score

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