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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. Ingredion's Revenue for the
three
months ended in Mar. 2026 was MXN32,315 Mil. Ingredion's average Accounts Receivable for the
three
months ended in Mar. 2026 was MXN20,038 Mil.
Hence, Ingredion's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.61.
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.
Ingredion Receivables Turnover Related Terms
Ingredion Receivables Turnover Historical Data
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The historical data trend for Ingredion'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.
MEX:INGR vs LW, CAG, CPB: Receivables Turnover Comparison
For the Packaged Foods subindustry, Ingredion'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.
Ingredion Receivables Turnover vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ingredion's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ingredion'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.
Ingredion (MEX:INGR) has a Receivables Turnover of 1.61 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 Ingredion and its competitors. According to the industry distribution chart, Ingredion ranks #1413 out of 1941 companies in the Consumer Packaged Goods industry, placing it in the top 72.8%.
Is Ingredion's Receivables Turnover too high?
Ingredion's current Receivables Turnover is 1.61. The Consumer Packaged Goods industry median Receivables Turnover is 9.35. Ingredion's value of 1.61 is 82.8% below this industry median. Based on the distribution chart, Ingredion ranks #1413 out of 1941 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Ingredion has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ingredion's Receivables Turnover compare to LW and CAG?
According to the Consumer Packaged Goods industry distribution chart, Ingredion ranks #1413 out of 1941 companies for Receivables Turnover. This places Ingredion in the lower half of its industry. The industry median Receivables Turnover is 9.35. Ingredion's value of 1.61 is 82.8% 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 a Consumer Packaged Goods company?
The median Receivables Turnover among Consumer Packaged Goods companies is 9.35, based on 1,941 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. Ingredion's current Receivables Turnover of 1.61 is 82.8% 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 Ingredion and its competitors. For the Consumer Packaged Goods industry, the median Receivables Turnover is 9.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingredion's current Receivables Turnover is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingredion stock overvalued right now?
Ingredion (MEX:INGR) has a current Receivables Turnover of 1.61. The stock's GF Value™ is MXN2,691.53, compared to a current price of MXN2,345.00 — trading 12.9% below its estimated fair value. The current Receivables Turnover is 1.61 and 82.8% below the Consumer Packaged Goods industry median of 9.35. Ingredion's overall GF Score™ is 79/100 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 Ingredion (MEX:INGR), the current Receivables Turnover is 1.61 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 Ingredion (MEX:INGR) Overvalued in 2026?
Based on GuruFocus' analysis, Ingredion stock appears to be undervalued.
The current stock price of MXN2,345.00 is trading 12.9% below its estimated GF Value™ of MXN2,691.53.
Key valuation signals for MEX:INGR:
Receivables Turnover: 1.61
GF Value™: MXN2,691.53 vs. price of MXN2,345.00 (12.9% below fair value)
Industry Position: 82.8% below the Consumer Packaged Goods median (#1413 of 1941)
No single metric tells the full story. See the MEX:INGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company sells specialty ingredients that include starch-based texturizers and natural alternative sweeteners such as stevia. Ingredion also sells commodity ingredients that include sweeteners, such as high-fructose corn syrup, and starches, such as those used for sustainable packaging, as well as plant-based proteins. The company plans to acquire Tate & Lyle in an all-cash deal that should close in 2027.
79GF Score
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