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Ajax EngineeringNSE:AJAXENGG +1.52%22 Receivables Turnover is 2.66 as of Jun. 2026. GuruFocus rates NSE:AJAXENGG with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 211 Farm & Heavy Construction Machinery companies, Ajax Engineering ranks better than 91% 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. Ajax Engineering's Revenue for the
three
months ended in Jun. 2026 was ₹4,746 Mil. Ajax Engineering's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹1,787 Mil.
Hence, Ajax Engineering's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.66.
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.
Ajax Engineering Receivables Turnover Related Terms
Ajax Engineering Receivables Turnover Historical Data
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The historical data trend for Ajax Engineering'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.
NSE:AJAXENGG vs CAT, DE, PCAR: Receivables Turnover Comparison
For the Farm & Heavy Construction Machinery subindustry, Ajax Engineering'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.
Ajax Engineering Receivables Turnover vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Ajax Engineering's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Ajax Engineering'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.
Ajax Engineering (NSE:AJAXENGG) has a Receivables Turnover of 2.66 as of Jun. 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 Ajax Engineering and its competitors. According to the industry distribution chart, Ajax Engineering ranks #19 out of 211 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 9%.
Is Ajax Engineering's Receivables Turnover too high?
Ajax Engineering's current Receivables Turnover is 2.66. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 5.05. Ajax Engineering's value of 2.66 is 47.3% below this industry median. Based on the distribution chart, Ajax Engineering ranks #19 out of 211 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Ajax Engineering has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Ajax Engineering's Receivables Turnover compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Ajax Engineering ranks #19 out of 211 companies for Receivables Turnover. This places Ajax Engineering in the top 9% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.05. Ajax Engineering's value of 2.66 is 47.3% 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 a Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 5.05, based on 211 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. Ajax Engineering's current Receivables Turnover of 2.66 is 47.3% 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 Ajax Engineering and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 5.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajax Engineering's current Receivables Turnover is 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajax Engineering stock overvalued right now?
Ajax Engineering (NSE:AJAXENGG) has a current Receivables Turnover of 2.66. The current Receivables Turnover is 2.66 and 47.3% below the Farm & Heavy Construction Machinery industry median of 5.05. Ajax Engineering's overall GF Score™ is 22/100 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 Ajax Engineering (NSE:AJAXENGG), the current Receivables Turnover is 2.66 as of Jun. 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.
Ajax Engineering Ltd concrete equipment manufacturer with a comprehensive range of concrete equipment, services and solutions across the concrete application value chain.
22GF Score
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