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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. Bharat Electronics's Revenue for the
three
months ended in Jun. 2026 was ₹55,470 Mil. Bharat Electronics's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹128,758 Mil.
Hence, Bharat Electronics's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.43.
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.
Bharat Electronics Receivables Turnover Related Terms
Bharat Electronics Receivables Turnover Historical Data
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The historical data trend for Bharat Electronics'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:BEL vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Bharat Electronics'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.
Bharat Electronics Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Bharat Electronics'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.
Bharat Electronics (NSE:BEL) has a Receivables Turnover of 0.43 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 Bharat Electronics and its competitors. According to the industry distribution chart, Bharat Electronics ranks #268 out of 346 companies in the Aerospace & Defense industry, placing it in the top 77.5%.
Is Bharat Electronics' Receivables Turnover too high?
Bharat Electronics' current Receivables Turnover is 0.43. The Aerospace & Defense industry median Receivables Turnover is 5.70. Bharat Electronics' value of 0.43 is 92.5% below this industry median. Based on the distribution chart, Bharat Electronics ranks #268 out of 346 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Bharat Electronics has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Electronics' Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Bharat Electronics ranks #268 out of 346 companies for Receivables Turnover. This places Bharat Electronics in the lower half of its industry. The industry median Receivables Turnover is 5.70. Bharat Electronics' value of 0.43 is 92.5% 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 Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.70, based on 346 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. Bharat Electronics's current Receivables Turnover of 0.43 is 92.5% 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 Bharat Electronics and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Electronics's current Receivables Turnover is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Electronics stock overvalued right now?
Based on GuruFocus' analysis, Bharat Electronics (NSE:BEL) is currently considered Fairly Valued. The stock's GF Value™ is ₹423.17, compared to a current price of ₹399.20 — trading 5.7% below its estimated fair value. The current Receivables Turnover is 0.43 and 92.5% below the Aerospace & Defense industry median of 5.70. Bharat Electronics' overall GF Score™ is 100/100. 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 Bharat Electronics (NSE:BEL), the current Receivables Turnover is 0.43 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.
Is Bharat Electronics (NSE:BEL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Electronics stock appears to be undervalued.
The current stock price of ₹399.20 is trading 5.7% below its estimated GF Value™ of ₹423.17.
GuruFocus considers Bharat Electronics to be Fairly Valued.
Key valuation signals for NSE:BEL:
Receivables Turnover: 0.43
GF Value™: ₹423.17 vs. price of ₹399.20 (5.7% below fair value)
Industry Position: 92.5% below the Aerospace & Defense median (#268 of 346)
No single metric tells the full story. See the NSE:BEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Electronics Ltd is an aerospace and defense company predominantly owned by the Indian government. It manufactures a wide range of specialized electronics and equipment for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. Its product portfolio includes unmanned systems, land-based radars, batteries, weapon systems, fuzes, simulators, and jammers, among others. It also provides cybersecurity and software products. A majority of the company's revenue is derived from the defense sector. Geographically, the company's key revenue is derived from India, and it also has international customers from countries like the United Kingdom, Israel, and others.
100GF Score
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