BAG Convergence (NSE:BAGDIGITAL) Receivables Turnover: 1.44 (As of Mar. 2026)

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NSE:BAGDIGITAL BAG Convergence Ltd NSE:BAGDIGITAL
21 GF Score
Price ₹107.00
! 4 Warning Signs
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What is BAG Convergence Receivables Turnover?

BAG Convergence NSE:BAGDIGITAL 21 Receivables Turnover is 1.44 as of Mar. 2026. GuruFocus rates NSE:BAGDIGITAL with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 541 Interactive Media companies, BAG Convergence ranks worse than 96.86% 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. BAG Convergence's Revenue for the six months ended in Mar. 2026 was ₹213.4 Mil. BAG Convergence's average Accounts Receivable for the six months ended in Mar. 2026 was ₹148.2 Mil. Hence, BAG Convergence's Receivables Turnover for the six months ended in Mar. 2026 was 1.44.


BAG Convergence  (NSE:BAGDIGITAL) 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.


BAG Convergence Receivables Turnover Related Terms


BAG Convergence Receivables Turnover Historical Data

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The historical data trend for BAG Convergence'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.

BAG Convergence Receivables Turnover Chart

BAG Convergence Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Receivables Turnover
6.78 5.77 3.43 2.92

BAG Convergence Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Receivables Turnover 0.00 0.00 2.10 1.44

NSE:BAGDIGITAL vs GOOGL, META, SPOT: Receivables Turnover Comparison

For the Internet Content & Information subindustry, BAG Convergence'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.


BAG Convergence Receivables Turnover vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BAG Convergence's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where BAG Convergence's Receivables Turnover falls into.


NSE:BAGDIGITAL
21GF Score
BAG Convergence Ltd NSE:BAGDIGITAL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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BAG Convergence Receivables Turnover Calculation

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

BAG Convergence'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 )
=432.061 / ((140.53 + 155.869) / 2 )
=432.061 / 148.1995
=2.92

BAG Convergence'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: Mar. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=213.425 / ((140.53 + 155.869) / 2 )
=213.425 / 148.1995
=1.44

* 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 1.44 mean?
BAG Convergence (NSE:BAGDIGITAL) has a Receivables Turnover of 1.44 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 BAG Convergence and its competitors. According to the industry distribution chart, BAG Convergence ranks #524 out of 541 companies in the Interactive Media industry, placing it in the top 96.9%.
Is BAG Convergence's Receivables Turnover too high?
BAG Convergence's current Receivables Turnover is 1.44. The Interactive Media industry median Receivables Turnover is 7.87. BAG Convergence's value of 1.44 is 81.7% below this industry median. Based on the distribution chart, BAG Convergence ranks #524 out of 541 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, BAG Convergence has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does BAG Convergence's Receivables Turnover compare to GOOGL and META?
According to the Interactive Media industry distribution chart, BAG Convergence ranks #524 out of 541 companies for Receivables Turnover. This places BAG Convergence in the lower half of its industry. The industry median Receivables Turnover is 7.87. BAG Convergence's value of 1.44 is 81.7% 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 Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 7.87, based on 541 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. BAG Convergence's current Receivables Turnover of 1.44 is 81.7% 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 BAG Convergence and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BAG Convergence's current Receivables Turnover is 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BAG Convergence stock overvalued right now?
BAG Convergence (NSE:BAGDIGITAL) has a current Receivables Turnover of 1.44. The current Receivables Turnover is 1.44 and 81.7% below the Interactive Media industry median of 7.87. BAG Convergence's overall GF Score™ is 21/100 with 4 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 BAG Convergence (NSE:BAGDIGITAL), the current Receivables Turnover is 1.44 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.

BAG Convergence Business Description

Address FC-23, Sector 16A, Film City, Sector 16A, Noida, UP, IND, 201301
BAG Convergence Ltd is engaged in the business of convergence of traditional media to digital media and renders technical assistance to TV channels, along with services related to website maintenance. The company is involved in content creation on digital platforms across News, Entertainment, Sports, Religious, and other segments, operating through websites, social media platforms including YouTube, Facebook, Instagram, and X, as well as Connected TV on Samsung Plus, LG, Xiaomi, and Waves-Prasar Bharti. Its clients include News24 Hindi, News24 English, E24, ISOMES, and BAG.
21GF Score

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