Essar Shipping (NSE:ESSARSHPNG) Receivables Turnover: 0.03 (As of Mar. 2026)

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NSE:ESSARSHPNG Essar Shipping Ltd NSE:ESSARSHPNG
34 GF Score
Price ₹20.17
GF Value ₹1.06
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Essar Shipping Receivables Turnover?

Essar Shipping NSE:ESSARSHPNG +0.70% 34 Receivables Turnover is 0.03 as of Mar. 2026. GuruFocus rates NSE:ESSARSHPNG with a GF Score™ of 34/100 and a GF Value™ of ₹1.06 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 998 Transportation companies, Essar Shipping ranks worse than 100% 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. Essar Shipping's Revenue for the three months ended in Mar. 2026 was ₹0.40 Mil. Essar Shipping's average Accounts Receivable for the three months ended in Mar. 2026 was ₹12.80 Mil. Hence, Essar Shipping's Receivables Turnover for the three months ended in Mar. 2026 was 0.03.


Essar Shipping  (NSE:ESSARSHPNG) 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.


Essar Shipping Receivables Turnover Related Terms


Essar Shipping Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Essar Shipping'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.

Essar Shipping Receivables Turnover Chart

Essar Shipping 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 11.86 3.22 0.80 0.61 0.22

Essar Shipping 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 0.00 0.11 0.00 0.00 0.03

Essar Shipping Receivables Turnover Competitor Comparison

For the Marine Shipping subindustry, Essar Shipping'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.


Essar Shipping Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Essar Shipping's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Essar Shipping's Receivables Turnover falls into.


NSE:ESSARSHPNG
34GF Score
Essar Shipping Ltd NSE:ESSARSHPNG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Essar Shipping Receivables Turnover Calculation

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

Essar Shipping'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 )
=17.8 / ((151.3 + 12.8) / 2 )
=17.8 / 82.05
=0.22

Essar Shipping'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 )
=0.4 / ((0 + 12.8) / 1 )
=0.4 / 12.8
=0.03

* 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 0.03 mean?
Essar Shipping (NSE:ESSARSHPNG) has a Receivables Turnover of 0.03 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 Essar Shipping and its competitors. According to the industry distribution chart, Essar Shipping ranks #998 out of 998 companies in the Transportation industry.
Is Essar Shipping's Receivables Turnover too high?
Essar Shipping's current Receivables Turnover is 0.03. The Transportation industry median Receivables Turnover is 7.74. Essar Shipping's value of 0.03 is 99.6% below this industry median. Based on the distribution chart, Essar Shipping ranks #998 out of 998 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Essar Shipping has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Essar Shipping's Receivables Turnover compare to competitors?
According to the Transportation industry distribution chart, Essar Shipping ranks #998 out of 998 companies for Receivables Turnover. This places Essar Shipping in the lower half of its industry. The industry median Receivables Turnover is 7.74. Essar Shipping's value of 0.03 is 99.6% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.74, based on 998 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. Essar Shipping's current Receivables Turnover of 0.03 is 99.6% 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 Essar Shipping and its competitors. For the Transportation industry, the median Receivables Turnover is 7.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Essar Shipping's current Receivables Turnover is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Essar Shipping stock overvalued right now?
Based on GuruFocus' analysis, Essar Shipping (NSE:ESSARSHPNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1.06, compared to a current price of ₹20.17 — trading 1802.8% above its estimated fair value. The current Receivables Turnover is 0.03 and 99.6% below the Transportation industry median of 7.74. Essar Shipping's overall GF Score™ is 34/100 with 7 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 Essar Shipping (NSE:ESSARSHPNG), the current Receivables Turnover is 0.03 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 Essar Shipping (NSE:ESSARSHPNG) Overvalued in 2026?

Based on GuruFocus' analysis, Essar Shipping stock appears to be overvalued. The current stock price of ₹20.17 is trading 1802.8% above its estimated GF Value™ of ₹1.06. GuruFocus considers Essar Shipping to be Significantly Overvalued.

Key valuation signals for NSE:ESSARSHPNG:

  • Receivables Turnover: 0.03
  • GF Value™: ₹1.06 vs. price of ₹20.17 (1802.8% above fair value)
  • GF Score™: 34/100 with 7 warning signs
  • Industry Position: 99.6% below the Transportation median (#998 of 998)

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


Essar Shipping Business Description

Other Exchanges 533704:India
Address 11, K.K. Marg, Essar House, Mahalaxmi, Mumbai, MH, IND, 400 034
Essar Shipping Ltd is engaged in fleet operating and chartering and operates in international and coastal voyages. The company is diversified across various sectors of Energy, Infrastructure, steel, and Services. The company operates in Fleet operations and chartering, oilfield services, and logistics services. The company generates maximum revenue from a single operating segment, namely the Shipping segment.
34GF Score

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

₹20.17
Price
₹1.06
GF Value