Dev AcceleratorNSE:DEVX -2.84%22 Receivables Turnover is 2.17 as of Mar. 2026. GuruFocus rates NSE:DEVX with a GF Score™ of 22/100. The stock has 4 warning signs investors should review. Among 1,664 Real Estate companies, Dev Accelerator ranks worse than 72.6% 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. Dev Accelerator's Revenue for the
three
months ended in Mar. 2026 was ₹593 Mil. Dev Accelerator's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹273 Mil.
Hence, Dev Accelerator's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.17.
Dev Accelerator (NSE:DEVX) 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.
Dev Accelerator Receivables Turnover Related Terms
Dev Accelerator Receivables Turnover Historical Data
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The historical data trend for Dev Accelerator'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:DEVX vs CBRE, BEKE, JLL: Receivables Turnover Comparison
For the Real Estate Services subindustry, Dev Accelerator'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.
Dev Accelerator Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dev Accelerator's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Dev Accelerator'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.
Dev Accelerator (NSE:DEVX) has a Receivables Turnover of 2.17 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 Dev Accelerator and its competitors. According to the industry distribution chart, Dev Accelerator ranks #1208 out of 1664 companies in the Real Estate industry, placing it in the top 72.6%.
Is Dev Accelerator's Receivables Turnover too high?
Dev Accelerator's current Receivables Turnover is 2.17. The Real Estate industry median Receivables Turnover is 10.64. Dev Accelerator's value of 2.17 is 79.6% below this industry median. Based on the distribution chart, Dev Accelerator ranks #1208 out of 1664 companies in the Real Estate industry, which is below the industry midpoint. Overall, Dev Accelerator has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's Receivables Turnover compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dev Accelerator ranks #1208 out of 1664 companies for Receivables Turnover. This places Dev Accelerator in the lower half of its industry. The industry median Receivables Turnover is 10.64. Dev Accelerator's value of 2.17 is 79.6% 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 a Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.64, based on 1,664 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. Dev Accelerator's current Receivables Turnover of 2.17 is 79.6% 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 Dev Accelerator and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Accelerator's current Receivables Turnover is 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current Receivables Turnover of 2.17. The current Receivables Turnover is 2.17 and 79.6% below the Real Estate industry median of 10.64. Dev Accelerator's overall GF Score™ is 22/100 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 Dev Accelerator (NSE:DEVX), the current Receivables Turnover is 2.17 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.
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
22GF Score
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