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Apex EcotechNSE:APEXECO +2.67%19 Receivables Turnover is 5.97 as of Mar. 2026. GuruFocus rates NSE:APEXECO with a GF Score™ of 19/100. The stock has 8 warning signs investors should review. Among 234 Waste Management companies, Apex Ecotech ranks better than 61.97% 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. Apex Ecotech's Revenue for the
six
months ended in Mar. 2026 was ₹1,161 Mil. Apex Ecotech's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹194 Mil.
Hence, Apex Ecotech's Receivables Turnover for the
six
months ended in Mar. 2026 was 5.97.
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.
Apex Ecotech Receivables Turnover Related Terms
Apex Ecotech Receivables Turnover Historical Data
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The historical data trend for Apex Ecotech'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:APEXECO vs WM, RSG, WCN: Receivables Turnover Comparison
For the Waste Management subindustry, Apex Ecotech'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.
Apex Ecotech Receivables Turnover vs Waste Management Industry
For the Waste Management industry and Industrials sector, Apex Ecotech's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Apex Ecotech'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.
Apex Ecotech (NSE:APEXECO) has a Receivables Turnover of 5.97 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 Apex Ecotech and its competitors. According to the industry distribution chart, Apex Ecotech ranks #89 out of 234 companies in the Waste Management industry, placing it in the top 38%.
Is Apex Ecotech's Receivables Turnover too high?
Apex Ecotech's current Receivables Turnover is 5.97. The Waste Management industry median Receivables Turnover is 4.80. Apex Ecotech's value of 5.97 is 24.4% above this industry median. Based on the distribution chart, Apex Ecotech ranks #89 out of 234 companies in the Waste Management industry, which is above the industry midpoint. Overall, Apex Ecotech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Apex Ecotech's Receivables Turnover compare to WM and RSG?
According to the Waste Management industry distribution chart, Apex Ecotech ranks #89 out of 234 companies for Receivables Turnover. This puts Apex Ecotech in the upper half of its industry. The industry median Receivables Turnover is 4.80. Apex Ecotech's value of 5.97 is 24.4% 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 Waste Management company?
The median Receivables Turnover among Waste Management companies is 4.80, based on 234 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. Apex Ecotech's current Receivables Turnover of 5.97 is 24.4% 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 Apex Ecotech and its competitors. For the Waste Management industry, the median Receivables Turnover is 4.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Ecotech's current Receivables Turnover is 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ecotech stock overvalued right now?
Apex Ecotech (NSE:APEXECO) has a current Receivables Turnover of 5.97. The current Receivables Turnover is 5.97 and 24.4% above the Waste Management industry median of 4.80. Apex Ecotech's overall GF Score™ is 19/100 with 8 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 Apex Ecotech (NSE:APEXECO), the current Receivables Turnover is 5.97 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.
Apex Ecotech Ltd provides comprehensive solutions for water & wastewater treatment, recycling, and reuse methods. Its services include setting up Raw Water Treatment for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pretreated wastewater through Membrane systems (Ultrafiltration, Nano Filtration, Reverse Osmosis, Disc Type RO and others), and Thermal/Vapor Compression-based Evaporators and Crystallizers for Zero Liquid Discharge Systems.
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