CSM Technologies (NSE:CSM) Receivables Turnover: 4.09 (As of Mar. 2025)

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NSE:CSM CSM Technologies Ltd NSE:CSM
16 GF Score
Price ₹99.62
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What is CSM Technologies Receivables Turnover?

CSM Technologies NSE:CSM +2.71% 16 Receivables Turnover is 4.09 as of Mar. 2025. GuruFocus rates NSE:CSM with a GF Score™ of 16/100. Among 2,783 Software companies, CSM Technologies ranks worse than 68.81% 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. CSM Technologies's Revenue for the six months ended in Mar. 2025 was ₹1,992 Mil. CSM Technologies's average Accounts Receivable for the six months ended in Mar. 2025 was ₹487 Mil. Hence, CSM Technologies's Receivables Turnover for the six months ended in Mar. 2025 was 4.09.


CSM Technologies  (NSE:CSM) 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.


CSM Technologies Receivables Turnover Related Terms


CSM Technologies Receivables Turnover Historical Data

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The historical data trend for CSM Technologies'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.

CSM Technologies Receivables Turnover Chart

CSM Technologies Annual Data
Trend Mar23 Mar24 Mar25
Receivables Turnover
7.15 6.80 4.09

CSM Technologies Semi-Annual Data
Mar23 Mar24 Mar25
Receivables Turnover 7.15 6.80 4.09

NSE:CSM vs IBM, ACN, FISV: Receivables Turnover Comparison

For the Information Technology Services subindustry, CSM Technologies'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.


CSM Technologies Receivables Turnover vs Software Industry

For the Software industry and Technology sector, CSM Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CSM Technologies's Receivables Turnover falls into.


NSE:CSM
16GF Score
CSM Technologies Ltd NSE:CSM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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CSM Technologies Receivables Turnover Calculation

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

CSM Technologies'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 )
=1992.442 / ((354.339 + 619.339) / 2 )
=1992.442 / 486.839
=4.09

CSM Technologies'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 )
=1992.442 / ((354.339 + 619.339) / 2 )
=1992.442 / 486.839
=4.09

* 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 4.09 mean?
CSM Technologies (NSE:CSM) has a Receivables Turnover of 4.09 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 CSM Technologies and its competitors. According to the industry distribution chart, CSM Technologies ranks #1915 out of 2783 companies in the Software industry, placing it in the top 68.8%.
Is CSM Technologies' Receivables Turnover too high?
CSM Technologies' current Receivables Turnover is 4.09. The Software industry median Receivables Turnover is 5.74. CSM Technologies' value of 4.09 is 28.7% below this industry median. Based on the distribution chart, CSM Technologies ranks #1915 out of 2783 companies in the Software industry, which is below the industry midpoint. Overall, CSM Technologies has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does CSM Technologies' Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, CSM Technologies ranks #1915 out of 2783 companies for Receivables Turnover. This places CSM Technologies in the lower half of its industry. The industry median Receivables Turnover is 5.74. CSM Technologies' value of 4.09 is 28.7% 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 a Software company?
The median Receivables Turnover among Software companies is 5.74, based on 2,783 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. CSM Technologies's current Receivables Turnover of 4.09 is 28.7% 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 CSM Technologies and its competitors. For the Software industry, the median Receivables Turnover is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSM Technologies's current Receivables Turnover is 4.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSM Technologies stock overvalued right now?
CSM Technologies (NSE:CSM) has a current Receivables Turnover of 4.09. The current Receivables Turnover is 4.09 and 28.7% below the Software industry median of 5.74. CSM Technologies' overall GF Score™ is 16/100. 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 CSM Technologies (NSE:CSM), the current Receivables Turnover is 4.09 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.

CSM Technologies Business Description

Other Exchanges 544806:India
Address Chandrasekharpur, Plot No - E/56, Infocity-1, Khordha, Bhubaneswar, OR, IND, 751 024
CSM Technologies Ltd provides a wide range of Information Technology services relating to software development, software licensing and designing with a minimal up-gradation which looks into the business need, end-to-end business solutions, creation of web enabled applications, web portals, corporate-wise process integration, business critical application, data warehousing, system integration, turnkey projects, e-Governance, community development, system integration technology and process solutions and other related services. The company serves various sectors such as mining and allied services, government & public services, agriculture and allied services, industry and trade facilitation, education, healthcare and tourism.
16GF Score

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