Indus Gas (LSE:INDI) Receivables Turnover: 6.28 (As of Sep. 2025)

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.

What is Indus Gas Receivables Turnover?

Indus Gas LSE:INDI -32.00% Receivables Turnover is 6.28 as of Sep. 2025. The stock has 6 warning signs investors should review.

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. Indus Gas's Revenue for the six months ended in Sep. 2025 was £2.95 Mil. Indus Gas's average Accounts Receivable for the six months ended in Sep. 2025 was £0.47 Mil. Hence, Indus Gas's Receivables Turnover for the six months ended in Sep. 2025 was 6.28.


Indus Gas  (LSE:INDI) 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.


Indus Gas Receivables Turnover Related Terms


Indus Gas Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Indus Gas'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.

Indus Gas Receivables Turnover Chart

Indus Gas Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.56 2.17 5.37 11.47 49.89

Indus Gas Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 4.22 5.22 5.12 60.58 6.28

LSE:INDI vs COP, EOG, FANG: Receivables Turnover Comparison

For the Oil & Gas E&P subindustry, Indus Gas'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.


Indus Gas Receivables Turnover vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indus Gas's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Indus Gas's Receivables Turnover falls into.



Indus Gas Receivables Turnover Calculation

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

Indus Gas's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=22.951 / ((0.456 + 0.464) / 2 )
=22.951 / 0.46
=49.89

Indus Gas's Receivables Turnover for the quarter that ended in Sep. 2025 is calculated as

Receivables Turnover (Q: Sep. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2025 ) / ((Accounts Receivable (Q: Mar. 2025 ) + Accounts Receivable (Q: Sep. 2025 )) / count )
=2.95 / ((0.464 + 0.476) / 2 )
=2.95 / 0.47
=6.28

* 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 6.28 mean?
Indus Gas (LSE:INDI) has a Receivables Turnover of 6.28 as of Sep. 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 Indus Gas and its competitors.
Is Indus Gas' Receivables Turnover too high?
Indus Gas' current Receivables Turnover is 6.28. The Oil & Gas industry median Receivables Turnover is 7.98. Indus Gas' value of 6.28 is 21.3% below this industry median.
How does Indus Gas' Receivables Turnover compare to COP and EOG?
Indus Gas' Receivables Turnover of 6.28 can be compared against companies in the Oil & Gas industry. The industry median Receivables Turnover is 7.98. Indus Gas' value of 6.28 is 21.3% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 7.98, based on 895 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. Indus Gas's current Receivables Turnover of 6.28 is 21.3% 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 Indus Gas and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current Receivables Turnover is 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current Receivables Turnover of 6.28. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current Receivables Turnover is 6.28 and 21.3% below the Oil & Gas industry median of 7.98. 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 Indus Gas (LSE:INDI), the current Receivables Turnover is 6.28 as of Sep. 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.

Indus Gas Business Description

Industry EnergyOil & Gas
Address Saint Martins House, PO Box 112, Le Bordage, Saint Peter Port, GGY, GY1 4EA
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.