Balaji Phosphates (NSE:BALAJIPHOS) Receivables Turnover: 1.33 (As of Mar. 2026)

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NSE:BALAJIPHOS Balaji Phosphates Ltd NSE:BALAJIPHOS
14 GF Score
Price ₹89.00
! 4 Warning Signs
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What is Balaji Phosphates Receivables Turnover?

Balaji Phosphates NSE:BALAJIPHOS 14 Receivables Turnover is 1.33 as of Mar. 2026. GuruFocus rates NSE:BALAJIPHOS with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 245 Agriculture companies, Balaji Phosphates ranks worse than 80% 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. Balaji Phosphates's Revenue for the six months ended in Mar. 2026 was ₹858 Mil. Balaji Phosphates's average Accounts Receivable for the six months ended in Mar. 2026 was ₹647 Mil. Hence, Balaji Phosphates's Receivables Turnover for the six months ended in Mar. 2026 was 1.33.


Balaji Phosphates  (NSE:BALAJIPHOS) 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.


Balaji Phosphates Receivables Turnover Related Terms


Balaji Phosphates Receivables Turnover Historical Data

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The historical data trend for Balaji Phosphates'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.

Balaji Phosphates Receivables Turnover Chart

Balaji Phosphates Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
4.01 4.75 4.96 3.34 3.03

Balaji Phosphates Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 0.00 1.69 1.59 1.33

NSE:BALAJIPHOS vs CTVA, CF, MOS: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, Balaji Phosphates'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.


Balaji Phosphates Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Balaji Phosphates's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Balaji Phosphates's Receivables Turnover falls into.


NSE:BALAJIPHOS
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Balaji Phosphates Ltd NSE:BALAJIPHOS
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Balaji Phosphates Receivables Turnover Calculation

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

Balaji Phosphates'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 )
=1704.738 / ((446.903 + 678.769) / 2 )
=1704.738 / 562.836
=3.03

Balaji Phosphates'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=857.666 / ((615.504 + 678.769) / 2 )
=857.666 / 647.1365
=1.33

* 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 1.33 mean?
Balaji Phosphates (NSE:BALAJIPHOS) has a Receivables Turnover of 1.33 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 Balaji Phosphates and its competitors. According to the industry distribution chart, Balaji Phosphates ranks #196 out of 245 companies in the Agriculture industry, placing it in the top 80%.
Is Balaji Phosphates' Receivables Turnover too high?
Balaji Phosphates' current Receivables Turnover is 1.33. The Agriculture industry median Receivables Turnover is 5.44. Balaji Phosphates' value of 1.33 is 75.6% below this industry median. Based on the distribution chart, Balaji Phosphates ranks #196 out of 245 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Balaji Phosphates has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Balaji Phosphates' Receivables Turnover compare to CTVA and CF?
According to the Agriculture industry distribution chart, Balaji Phosphates ranks #196 out of 245 companies for Receivables Turnover. This places Balaji Phosphates in the lower half of its industry. The industry median Receivables Turnover is 5.44. Balaji Phosphates' value of 1.33 is 75.6% 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 Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.44, based on 245 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. Balaji Phosphates's current Receivables Turnover of 1.33 is 75.6% 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 Balaji Phosphates and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Phosphates's current Receivables Turnover is 1.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Phosphates stock overvalued right now?
Balaji Phosphates (NSE:BALAJIPHOS) has a current Receivables Turnover of 1.33. The current Receivables Turnover is 1.33 and 75.6% below the Agriculture industry median of 5.44. Balaji Phosphates' overall GF Score™ is 14/100 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 Balaji Phosphates (NSE:BALAJIPHOS), the current Receivables Turnover is 1.33 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.

Balaji Phosphates Business Description

Address 305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound, Indore General Post Office, Indore, MP, IND, 452001
Balaji Phosphates Ltd manufactures and supplies Single Super Phosphate (SSP) in powder and granulated forms, NPK granulated and mixed fertilizers, and zinc sulphate. It sells products under the brand names RATNAM and BPPL to customers, including retailers, wholesalers, and state-owned cooperatives, with farmers being the end users. The company operates in two segments: Fertilizers and Weighbridge. The Fertilizers segment includes the manufacturing of single super phosphate fertilizers. The Weighbridge segment includes the manufacture of weighbridges and annual service maintenance. The key revenue is generated from the Fertilizers segment.
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