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. Indorama Ventures PCL's Revenue for the
three
months ended in Mar. 2026 was $3,390 Mil. Indorama Ventures PCL's average Accounts Receivable for the
three
months ended in Mar. 2026 was $1,241 Mil.
Hence, Indorama Ventures PCL's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.73.
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.
Indorama Ventures PCL Receivables Turnover Related Terms
Indorama Ventures PCL Receivables Turnover Historical Data
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The historical data trend for Indorama Ventures PCL'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.
For the Chemicals subindustry, Indorama Ventures PCL'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.
Indorama Ventures PCL Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Indorama Ventures PCL'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.
Indorama Ventures PCL (INDOY) has a Receivables Turnover of 2.73 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 Indorama Ventures PCL and its competitors. According to the industry distribution chart, Indorama Ventures PCL ranks #303 out of 1574 companies in the Chemicals industry, placing it in the top 19.3%.
Is Indorama Ventures PCL's Receivables Turnover too high?
Indorama Ventures PCL's current Receivables Turnover is 2.73. The Chemicals industry median Receivables Turnover is 5.56. Indorama Ventures PCL's value of 2.73 is 50.9% below this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #303 out of 1574 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indorama Ventures PCL has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #303 out of 1574 companies for Receivables Turnover. This places Indorama Ventures PCL in the top 19% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.56. Indorama Ventures PCL's value of 2.73 is 50.9% 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 5.56, based on 1,574 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. Indorama Ventures PCL's current Receivables Turnover of 2.73 is 50.9% 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 Indorama Ventures PCL and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current Receivables Turnover is 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Indorama Ventures PCL (INDOY) has a current Receivables Turnover of 2.73. The stock's GF Value™ is $6.01, compared to a current price of $7.03 — trading 17% above its estimated fair value. The current Receivables Turnover is 2.73 and 50.9% below the Chemicals industry median of 5.56. Indorama Ventures PCL's overall GF Score™ is 69/100 with 7 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 Indorama Ventures PCL (INDOY), the current Receivables Turnover is 2.73 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 Indorama Ventures PCL (INDOY) Overvalued in 2026?
Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued.
The current stock price of $7.03 is trading 17% above its estimated GF Value™ of $6.01.
Key valuation signals for INDOY:
Receivables Turnover: 2.73
GF Value™: $6.01 vs. price of $7.03 (17% above fair value)
Industry Position: 50.9% below the Chemicals median (#303 of 1574)
No single metric tells the full story. See the INDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives and Fibers. The maximum revenue is derived from the Combined PET segment.
69GF Score
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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