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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. Elecon Engineering Co's Revenue for the
three
months ended in Jun. 2026 was ₹5,206 Mil. Elecon Engineering Co's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹7,205 Mil.
Hence, Elecon Engineering Co's Receivables Turnover for the
three
months ended in Jun. 2026 was 0.72.
Elecon Engineering Co (NSE:ELECON) 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.
Elecon Engineering Co Receivables Turnover Related Terms
Elecon Engineering Co Receivables Turnover Historical Data
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The historical data trend for Elecon Engineering Co'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:ELECON vs GEV, ETN, PH: Receivables Turnover Comparison
For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.
Elecon Engineering Co Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Elecon Engineering Co's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Elecon Engineering Co'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.
Elecon Engineering Co (NSE:ELECON) has a Receivables Turnover of 0.72 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 Elecon Engineering Co and its competitors. According to the industry distribution chart, Elecon Engineering Co ranks #1790 out of 3028 companies in the Industrial Products industry, placing it in the top 59.1%.
Is Elecon Engineering Co's Receivables Turnover too high?
Elecon Engineering Co's current Receivables Turnover is 0.72. The Industrial Products industry median Receivables Turnover is 4.45. Elecon Engineering Co's value of 0.72 is 83.8% below this industry median. Based on the distribution chart, Elecon Engineering Co ranks #1790 out of 3028 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Elecon Engineering Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Elecon Engineering Co ranks #1790 out of 3028 companies for Receivables Turnover. This places Elecon Engineering Co in the lower half of its industry. The industry median Receivables Turnover is 4.45. Elecon Engineering Co's value of 0.72 is 83.8% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,028 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. Elecon Engineering Co's current Receivables Turnover of 0.72 is 83.8% 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 Elecon Engineering Co and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elecon Engineering Co's current Receivables Turnover is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹646.68, compared to a current price of ₹478.00 — trading 26.1% below its estimated fair value. The current Receivables Turnover is 0.72 and 83.8% below the Industrial Products industry median of 4.45. Elecon Engineering Co's overall GF Score™ is 96/100 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 Elecon Engineering Co (NSE:ELECON), the current Receivables Turnover is 0.72 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.
Is Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?
Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued.
The current stock price of ₹478.00 is trading 26.1% below its estimated GF Value™ of ₹646.68.
GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.
Key valuation signals for NSE:ELECON:
Receivables Turnover: 0.72
GF Value™: ₹646.68 vs. price of ₹478.00 (26.1% below fair value)
Industry Position: 83.8% below the Industrial Products median (#1790 of 3028)
No single metric tells the full story. See the NSE:ELECON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
96GF Score
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