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Concord Enviro SystemsNSE:CEWATER +0.47%17 Receivables Turnover is 0.32 as of Jun. 2026. GuruFocus rates NSE:CEWATER with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 495 Utilities - Regulated companies, Concord Enviro Systems ranks worse than 85.25% 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. Concord Enviro Systems's Revenue for the
three
months ended in Jun. 2026 was ₹853 Mil. Concord Enviro Systems's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹2,641 Mil.
Hence, Concord Enviro Systems's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.32.
Concord Enviro Systems (NSE:CEWATER) 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.
Concord Enviro Systems Receivables Turnover Related Terms
Concord Enviro Systems Receivables Turnover Historical Data
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The historical data trend for Concord Enviro Systems'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:CEWATER vs AWK, WTRG, AWR: Receivables Turnover Comparison
For the Utilities - Regulated Water subindustry, Concord Enviro Systems'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.
Concord Enviro Systems Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Concord Enviro Systems's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Concord Enviro Systems'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.
Concord Enviro Systems (NSE:CEWATER) has a Receivables Turnover of 0.32 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 Concord Enviro Systems and its competitors. According to the industry distribution chart, Concord Enviro Systems ranks #422 out of 495 companies in the Utilities - Regulated industry, placing it in the top 85.3%.
Is Concord Enviro Systems' Receivables Turnover too high?
Concord Enviro Systems' current Receivables Turnover is 0.32. The Utilities - Regulated industry median Receivables Turnover is 7.01. Concord Enviro Systems' value of 0.32 is 95.4% below this industry median. Based on the distribution chart, Concord Enviro Systems ranks #422 out of 495 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Concord Enviro Systems has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Concord Enviro Systems' Receivables Turnover compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Concord Enviro Systems ranks #422 out of 495 companies for Receivables Turnover. This places Concord Enviro Systems in the lower half of its industry. The industry median Receivables Turnover is 7.01. Concord Enviro Systems' value of 0.32 is 95.4% 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 7.01, based on 495 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. Concord Enviro Systems's current Receivables Turnover of 0.32 is 95.4% 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 Concord Enviro Systems and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 7.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Concord Enviro Systems's current Receivables Turnover is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Concord Enviro Systems stock overvalued right now?
Concord Enviro Systems (NSE:CEWATER) has a current Receivables Turnover of 0.32. The current Receivables Turnover is 0.32 and 95.4% below the Utilities - Regulated industry median of 7.01. Concord Enviro Systems' overall GF Score™ is 17/100 with 5 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 Concord Enviro Systems (NSE:CEWATER), the current Receivables Turnover is 0.32 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.
Concord Enviro Systems Ltd is engaged in the business of manufacturing water treatment systems, water pollution control equipment, bio filters, resource recovery systems using membrane technology, and operational and maintenance services. Geographically, the company generates maximum revenue from its business in India, and also caters to international market to some extent.
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