Dixon Technologies (India) (NSE:DIXON) Receivables Turnover: 1.61 (As of Mar. 2026)

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NSE:DIXON Dixon Technologies (India) Ltd NSE:DIXON
92 GF Score
Price ₹13,846.00
GF Value ₹24,452.49
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Dixon Technologies (India) Receivables Turnover?

Dixon Technologies (India) NSE:DIXON +0.12% 92 Receivables Turnover is 1.61 as of Mar. 2026. GuruFocus rates NSE:DIXON with a GF Score™ of 92/100 and a GF Value™ of ₹24,452.49 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,471 Hardware companies, Dixon Technologies (India) ranks better than 74.87% 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. Dixon Technologies (India)'s Revenue for the three months ended in Mar. 2026 was ₹105,105 Mil. Dixon Technologies (India)'s average Accounts Receivable for the three months ended in Mar. 2026 was ₹65,299 Mil. Hence, Dixon Technologies (India)'s Receivables Turnover for the three months ended in Mar. 2026 was 1.61.


Dixon Technologies (India)  (NSE:DIXON) 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.


Dixon Technologies (India) Receivables Turnover Related Terms


Dixon Technologies (India) Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Dixon Technologies (India)'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.

Dixon Technologies (India) Receivables Turnover Chart

Dixon Technologies (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.73 7.93 8.73 8.37 7.24

Dixon Technologies (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 1.84 2.05 1.48 1.61

NSE:DIXON vs AAPL: Receivables Turnover Comparison

For the Consumer Electronics subindustry, Dixon Technologies (India)'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.


Dixon Technologies (India) Receivables Turnover vs Hardware Industry

For the Hardware industry and Technology sector, Dixon Technologies (India)'s Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dixon Technologies (India)'s Receivables Turnover falls into.


NSE:DIXON
92GF Score
Dixon Technologies (India) Ltd NSE:DIXON
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Dixon Technologies (India) Receivables Turnover Calculation

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

Dixon Technologies (India)'s Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=488728 / ((69654.5 + 65299.1) / 2 )
=488728 / 67476.8
=7.24

Dixon Technologies (India)'s Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=105105.1 / ((0 + 65299.1) / 1 )
=105105.1 / 65299.1
=1.61

* 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 1.61 mean?
Dixon Technologies (India) (NSE:DIXON) has a Receivables Turnover of 1.61 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 Dixon Technologies (India) and its competitors. According to the industry distribution chart, Dixon Technologies (India) ranks #621 out of 2471 companies in the Hardware industry, placing it in the top 25.1%.
Is Dixon Technologies (India)'s Receivables Turnover too high?
Dixon Technologies (India)'s current Receivables Turnover is 1.61. The Hardware industry median Receivables Turnover is 4.89. Dixon Technologies (India)'s value of 1.61 is 67.1% below this industry median. Based on the distribution chart, Dixon Technologies (India) ranks #621 out of 2471 companies in the Hardware industry, which is above the industry midpoint. Overall, Dixon Technologies (India) has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dixon Technologies (India)'s Receivables Turnover compare to AAPL?
According to the Hardware industry distribution chart, Dixon Technologies (India) ranks #621 out of 2471 companies for Receivables Turnover. This puts Dixon Technologies (India) in the upper half of its industry. The industry median Receivables Turnover is 4.89. Dixon Technologies (India)'s value of 1.61 is 67.1% 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 Hardware company?
The median Receivables Turnover among Hardware companies is 4.89, based on 2,471 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. Dixon Technologies (India)'s current Receivables Turnover of 1.61 is 67.1% 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 Dixon Technologies (India) and its competitors. For the Hardware industry, the median Receivables Turnover is 4.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dixon Technologies (India)'s current Receivables Turnover is 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dixon Technologies (India) stock overvalued right now?
Based on GuruFocus' analysis, Dixon Technologies (India) (NSE:DIXON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹24,452.49, compared to a current price of ₹13,846.00 — trading 43.4% below its estimated fair value. The current Receivables Turnover is 1.61 and 67.1% below the Hardware industry median of 4.89. Dixon Technologies (India)'s overall GF Score™ is 92/100 with 3 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 Dixon Technologies (India) (NSE:DIXON), the current Receivables Turnover is 1.61 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.

Is Dixon Technologies (India) (NSE:DIXON) Overvalued in 2026?

Based on GuruFocus' analysis, Dixon Technologies (India) stock appears to be undervalued. The current stock price of ₹13,846.00 is trading 43.4% below its estimated GF Value™ of ₹24,452.49. GuruFocus considers Dixon Technologies (India) to be Significantly Undervalued.

Key valuation signals for NSE:DIXON:

  • Receivables Turnover: 1.61
  • GF Value™: ₹24,452.49 vs. price of ₹13,846.00 (43.4% below fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 67.1% below the Hardware median (#621 of 2471)

No single metric tells the full story. See the NSE:DIXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dixon Technologies (India) Business Description

Other Exchanges 540699:India
Address B-14 and 15, Phase-II, District Gautam Buddha Nagar, Noida, UP, IND, 201 305
Dixon Technologies (India) Ltd provides electronic manufacturing services (EMS) to its customers, serving as an original equipment manufacturer (OEM) as well as an original design manufacturer (ODM) for various brands. It is engaged in the in manufacturing of electronic goods such as consumer durables, home appliances, lighting products and mobile phones. It operates in single operating segment: Electronics Goods. The company engages in domestic sales of goods as well as exports its products outside India, of which a majority of its revenue is generated from the domestic market.
92GF Score

Get the complete analysis for NSE:DIXON

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹13,846.00
Price
₹24,452.49
GF Value