Bio Medica Laboratories (NSE:BMLL) Receivables Turnover: 11.87 (As of Mar. 2025)

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NSE:BMLL Bio Medica Laboratories Ltd NSE:BMLL
18 GF Score
Price ₹146.80
! 7 Warning Signs
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What is Bio Medica Laboratories Receivables Turnover?

Bio Medica Laboratories NSE:BMLL +1.21% 18 Receivables Turnover is 11.87 as of Mar. 2025. GuruFocus rates NSE:BMLL with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 813 Medical Devices & Instruments companies, Bio Medica Laboratories ranks better than 91.39% 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. Bio Medica Laboratories's Revenue for the six months ended in Mar. 2025 was ₹382.0 Mil. Bio Medica Laboratories's average Accounts Receivable for the six months ended in Mar. 2025 was ₹32.2 Mil. Hence, Bio Medica Laboratories's Receivables Turnover for the six months ended in Mar. 2025 was 11.87.


Bio Medica Laboratories  (NSE:BMLL) 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.


Bio Medica Laboratories Receivables Turnover Related Terms


Bio Medica Laboratories Receivables Turnover Historical Data

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The historical data trend for Bio Medica Laboratories'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.

Bio Medica Laboratories Receivables Turnover Chart

Bio Medica Laboratories Annual Data
Trend Mar23 Mar24 Mar25
Receivables Turnover
3.98 4.76 11.87

Bio Medica Laboratories Semi-Annual Data
Mar23 Mar24 Mar25
Receivables Turnover 3.98 4.76 11.87

NSE:BMLL vs ISRG, BDX, MDLN: Receivables Turnover Comparison

For the Medical Instruments & Supplies subindustry, Bio Medica Laboratories'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.


Bio Medica Laboratories Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Bio Medica Laboratories's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Bio Medica Laboratories's Receivables Turnover falls into.


NSE:BMLL
18GF Score
Bio Medica Laboratories Ltd NSE:BMLL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Bio Medica Laboratories Receivables Turnover Calculation

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

Bio Medica Laboratories's Receivables Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Receivables Turnover (A: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2025 ) / ((Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count )
=381.952 / ((23.359 + 41.002) / 2 )
=381.952 / 32.1805
=11.87

Bio Medica Laboratories's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

Receivables Turnover (Q: Mar. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2025 ) / ((Accounts Receivable (Q: Mar. 2024 ) + Accounts Receivable (Q: Mar. 2025 )) / count )
=381.952 / ((23.359 + 41.002) / 2 )
=381.952 / 32.1805
=11.87

* 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 11.87 mean?
Bio Medica Laboratories (NSE:BMLL) has a Receivables Turnover of 11.87 as of Mar. 2025. 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 Bio Medica Laboratories and its competitors. According to the industry distribution chart, Bio Medica Laboratories ranks #70 out of 813 companies in the Medical Devices & Instruments industry, placing it in the top 8.6%.
Is Bio Medica Laboratories' Receivables Turnover too high?
Bio Medica Laboratories' current Receivables Turnover is 11.87. The Medical Devices & Instruments industry median Receivables Turnover is 5.60. Bio Medica Laboratories' value of 11.87 is 112% above this industry median. Based on the distribution chart, Bio Medica Laboratories ranks #70 out of 813 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Bio Medica Laboratories has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Bio Medica Laboratories' Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Bio Medica Laboratories ranks #70 out of 813 companies for Receivables Turnover. This places Bio Medica Laboratories in the top 9% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.60. Bio Medica Laboratories' value of 11.87 is 112% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.60, based on 813 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. Bio Medica Laboratories's current Receivables Turnover of 11.87 is 112% 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 Bio Medica Laboratories and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bio Medica Laboratories's current Receivables Turnover is 11.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bio Medica Laboratories stock overvalued right now?
Bio Medica Laboratories (NSE:BMLL) has a current Receivables Turnover of 11.87. The current Receivables Turnover is 11.87 and 112% above the Medical Devices & Instruments industry median of 5.60. Bio Medica Laboratories' overall GF Score™ is 18/100 with 7 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 Bio Medica Laboratories (NSE:BMLL), the current Receivables Turnover is 11.87 as of Mar. 2025. 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.

Bio Medica Laboratories Business Description

Address Sanwer Road, Plot No. 11B-11C, Sector-E, Industrial Area, Industrial Estate - Indore, Indore, MP, IND, 452015
Bio Medica Laboratories Ltd is engaged in the manufacturing of Pharmaceutical Parenteral Formulations. It manufactures generic drugs in the form of injectables namely Liquid Injections and Dry Powder Injections. These injectables are available in both single dose and multi dose forms, catering both human and veterinary needs. Its products address a wide range of medical needs and preferences. The majority of revenue is derived from the sales of Liquid injections. Geographically, it operates predominantly in India, and internationally, it exports to Afghanistan.
18GF Score

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