GlaxoSmithKline Pakistan (KAR:GLAXO) Receivables Turnover: 5.65 (As of Mar. 2026)

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KAR:GLAXO GlaxoSmithKline Pakistan Ltd KAR:GLAXO
93 GF Score
Price ₨352.64
GF Value ₨323.83
Valuation Fairly Valued
! 1 Warning Sign
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What is GlaxoSmithKline Pakistan Receivables Turnover?

GlaxoSmithKline Pakistan KAR:GLAXO -0.10% 93 Receivables Turnover is 5.65 as of Mar. 2026. GuruFocus rates KAR:GLAXO with a GF Score™ of 93/100 and a GF Value™ of ₨323.83 (Fairly Valued). The stock has 1 warning sign investors should review. Among 950 Drug Manufacturers companies, GlaxoSmithKline Pakistan ranks better than 98.32% 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. GlaxoSmithKline Pakistan's Revenue for the three months ended in Mar. 2026 was ₨17,028 Mil. GlaxoSmithKline Pakistan's average Accounts Receivable for the three months ended in Mar. 2026 was ₨3,012 Mil. Hence, GlaxoSmithKline Pakistan's Receivables Turnover for the three months ended in Mar. 2026 was 5.65.


GlaxoSmithKline Pakistan  (KAR:GLAXO) 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.


GlaxoSmithKline Pakistan Receivables Turnover Related Terms


GlaxoSmithKline Pakistan Receivables Turnover Historical Data

* Premium members only.

The historical data trend for GlaxoSmithKline Pakistan'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.

GlaxoSmithKline Pakistan Receivables Turnover Chart

GlaxoSmithKline Pakistan Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.10 28.86 38.01 77.28 39.14

GlaxoSmithKline Pakistan Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.08 30.30 28.83 12.36 5.65

KAR:GLAXO vs ZTS, UTHR, VTRS: Receivables Turnover Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, GlaxoSmithKline Pakistan'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.


GlaxoSmithKline Pakistan Receivables Turnover vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, GlaxoSmithKline Pakistan's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where GlaxoSmithKline Pakistan's Receivables Turnover falls into.


KAR:GLAXO
93GF Score
GlaxoSmithKline Pakistan Ltd KAR:GLAXO
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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GlaxoSmithKline Pakistan Receivables Turnover Calculation

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

GlaxoSmithKline Pakistan's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=65900.901 / ((555.139 + 2812.639) / 2 )
=65900.901 / 1683.889
=39.14

GlaxoSmithKline Pakistan'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: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=17028.325 / ((2812.639 + 3210.651) / 2 )
=17028.325 / 3011.645
=5.65

* 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 5.65 mean?
GlaxoSmithKline Pakistan (KAR:GLAXO) has a Receivables Turnover of 5.65 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 GlaxoSmithKline Pakistan and its competitors. According to the industry distribution chart, GlaxoSmithKline Pakistan ranks #16 out of 950 companies in the Drug Manufacturers industry, placing it in the top 1.7%.
Is GlaxoSmithKline Pakistan's Receivables Turnover too high?
GlaxoSmithKline Pakistan's current Receivables Turnover is 5.65. The Drug Manufacturers industry median Receivables Turnover is 5.07. GlaxoSmithKline Pakistan's value of 5.65 is 11.4% above this industry median. Based on the distribution chart, GlaxoSmithKline Pakistan ranks #16 out of 950 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, GlaxoSmithKline Pakistan has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GlaxoSmithKline Pakistan's Receivables Turnover compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, GlaxoSmithKline Pakistan ranks #16 out of 950 companies for Receivables Turnover. This places GlaxoSmithKline Pakistan in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.07. GlaxoSmithKline Pakistan's value of 5.65 is 11.4% 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 Drug Manufacturers company?
The median Receivables Turnover among Drug Manufacturers companies is 5.07, based on 950 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. GlaxoSmithKline Pakistan's current Receivables Turnover of 5.65 is 11.4% 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 GlaxoSmithKline Pakistan and its competitors. For the Drug Manufacturers industry, the median Receivables Turnover is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GlaxoSmithKline Pakistan's current Receivables Turnover is 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GlaxoSmithKline Pakistan stock overvalued right now?
Based on GuruFocus' analysis, GlaxoSmithKline Pakistan (KAR:GLAXO) is currently considered Fairly Valued. The stock's GF Value™ is ₨323.83, compared to a current price of ₨352.64 — trading 8.9% above its estimated fair value. The current Receivables Turnover is 5.65 and 11.4% above the Drug Manufacturers industry median of 5.07. GlaxoSmithKline Pakistan's overall GF Score™ is 93/100 with 1 warning sign 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 GlaxoSmithKline Pakistan (KAR:GLAXO), the current Receivables Turnover is 5.65 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 GlaxoSmithKline Pakistan (KAR:GLAXO) Overvalued in 2026?

Based on GuruFocus' analysis, GlaxoSmithKline Pakistan stock appears to be overvalued. The current stock price of ₨352.64 is trading 8.9% above its estimated GF Value™ of ₨323.83. GuruFocus considers GlaxoSmithKline Pakistan to be Fairly Valued.

Key valuation signals for KAR:GLAXO:

  • Receivables Turnover: 5.65
  • GF Value™: ₨323.83 vs. price of ₨352.64 (8.9% above fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 11.4% above the Drug Manufacturers median (#16 of 950)

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


GlaxoSmithKline Pakistan Business Description

Address 35, Dockyard Road, West Wharf, Karachi, PAK, 74000
GlaxoSmithKline Pakistan Ltd is engaged in the research, development, and manufacturing of pharmaceutical medicines, vaccines, and consumer healthcare products. It is involved in Anti-infective, Respiratory, Vaccines, Dermatological, Gastrointestinal, Analgesics, Urology, Central Nervous System, Allergy, Cardiovascular, and Vitamins therapy areas. The operating business divisions are Pharmaceuticals and Consumer Healthcare. The pharmaceutical brands of the company include Augmentin, Seretide, Amoxicillin, Velosef, Zantac, and Calpol, and prominent vaccines include Synflorix, Infanrix Hexa, Rotarix, Engerix-B, Havrix, and Cervarix. The company operates in single segment which is the Pharmaceuticals segment.
93GF Score

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

₨352.64
Price
₨323.83
GF Value