Adani Total Gas (NSE:ATGL) Receivables Turnover: 3.72 (As of Mar. 2026)

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NSE:ATGL Adani Total Gas Ltd NSE:ATGL
94 GF Score
Price ₹707.70
GF Value ₹848.34
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Adani Total Gas Receivables Turnover?

Adani Total Gas NSE:ATGL -1.08% 94 Receivables Turnover is 3.72 as of Mar. 2026. GuruFocus rates NSE:ATGL with a GF Score™ of 94/100 and a GF Value™ of ₹848.34 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 496 Utilities - Regulated companies, Adani Total Gas ranks better than 85.69% 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. Adani Total Gas's Revenue for the three months ended in Mar. 2026 was ₹15,572 Mil. Adani Total Gas's average Accounts Receivable for the three months ended in Mar. 2026 was ₹4,185 Mil. Hence, Adani Total Gas's Receivables Turnover for the three months ended in Mar. 2026 was 3.72.


Adani Total Gas  (NSE:ATGL) 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.


Adani Total Gas Receivables Turnover Related Terms


Adani Total Gas Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Adani Total 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.

Adani Total Gas Receivables Turnover Chart

Adani Total Gas Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.68 17.35 12.26 11.92 13.90

Adani Total Gas 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 3.16 3.25 3.05 3.17 3.72

NSE:ATGL vs ATO, NI, UGI: Receivables Turnover Comparison

For the Utilities - Regulated Gas subindustry, Adani Total 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.


Adani Total Gas Receivables Turnover vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Adani Total Gas's Receivables Turnover distribution charts can be found below:

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


NSE:ATGL
94GF Score
Adani Total Gas Ltd NSE:ATGL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Adani Total Gas Receivables Turnover Calculation

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

Adani Total Gas's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=58560.1 / ((4240.1 + 4185.4) / 2 )
=58560.1 / 4212.75
=13.90

Adani Total Gas'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 )
=15572.2 / ((0 + 4185.4) / 1 )
=15572.2 / 4185.4
=3.72

* 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 3.72 mean?
Adani Total Gas (NSE:ATGL) has a Receivables Turnover of 3.72 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 Adani Total Gas and its competitors. According to the industry distribution chart, Adani Total Gas ranks #71 out of 496 companies in the Utilities - Regulated industry, placing it in the top 14.3%.
Is Adani Total Gas' Receivables Turnover too high?
Adani Total Gas' current Receivables Turnover is 3.72. The Utilities - Regulated industry median Receivables Turnover is 6.76. Adani Total Gas' value of 3.72 is 44.9% below this industry median. Based on the distribution chart, Adani Total Gas ranks #71 out of 496 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Adani Total Gas has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Adani Total Gas' Receivables Turnover compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Adani Total Gas ranks #71 out of 496 companies for Receivables Turnover. This places Adani Total Gas in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.76. Adani Total Gas' value of 3.72 is 44.9% 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 Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.76, based on 496 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. Adani Total Gas's current Receivables Turnover of 3.72 is 44.9% 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 Adani Total Gas and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Total Gas's current Receivables Turnover is 3.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Total Gas stock overvalued right now?
Based on GuruFocus' analysis, Adani Total Gas (NSE:ATGL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹848.34, compared to a current price of ₹707.70 — trading 16.6% below its estimated fair value. The current Receivables Turnover is 3.72 and 44.9% below the Utilities - Regulated industry median of 6.76. Adani Total Gas' overall GF Score™ is 94/100 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 Adani Total Gas (NSE:ATGL), the current Receivables Turnover is 3.72 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 Adani Total Gas (NSE:ATGL) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Total Gas stock appears to be undervalued. The current stock price of ₹707.70 is trading 16.6% below its estimated GF Value™ of ₹848.34. GuruFocus considers Adani Total Gas to be Modestly Undervalued.

Key valuation signals for NSE:ATGL:

  • Receivables Turnover: 3.72
  • GF Value™: ₹848.34 vs. price of ₹707.70 (16.6% below fair value)
  • GF Score™: 94/100 with 8 warning signs
  • Industry Position: 44.9% below the Utilities - Regulated median (#71 of 496)

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


Adani Total Gas Business Description

Other Exchanges 542066:India
Address S. G. Highway, Near Vaishno Devi Circle, Adani Corporate House, Shantigram, Khodiyar, Ahmedabad, GJ, IND, 382421
Adani Total Gas Ltd is engaged in the City Gas Distribution (CGD) business and supplies natural gas to domestic, commercial, industrial, and vehicle users. The company is exploring doing business in bio gas, bio fuel, bio mass, LCNG, HCNG, EV, Hydrogen, manufacturing of various equipment, and provision of value-added services relating to CGD business. It is developing City Gas Distribution (CGD) Networks to supply the Piped Natural Gas (PNG) to the Industrial, Commercial, Domestic (residential), and Compressed Natural Gas (CNG) to the transport sector. Natural Gas is a convenient, reliable, and environmentally friendly fuel that allows consumers to enjoy a high level of safety, convenience, and economic efficiency. The Group has a single operating segment that is the sale of Natural Gas.
94GF Score

Get the complete analysis for NSE:ATGL

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

₹707.70
Price
₹848.34
GF Value