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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. Firstsource Solutions's Revenue for the
three
months ended in Mar. 2026 was ₹26,130 Mil. Firstsource Solutions's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹13,094 Mil.
Hence, Firstsource Solutions's Receivables Turnover for the
three
months ended in Mar. 2026 was 2.00.
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.
Firstsource Solutions Receivables Turnover Related Terms
Firstsource Solutions Receivables Turnover Historical Data
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The historical data trend for Firstsource Solutions'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:FSL vs IBM, ACN, FISV: Receivables Turnover Comparison
For the Information Technology Services subindustry, Firstsource Solutions'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.
Firstsource Solutions Receivables Turnover vs Software Industry
For the Software industry and Technology sector, Firstsource Solutions's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Firstsource Solutions'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.
Firstsource Solutions (NSE:FSL) has a Receivables Turnover of 2.00 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 Firstsource Solutions and its competitors. According to the industry distribution chart, Firstsource Solutions ranks #854 out of 2777 companies in the Software industry, placing it in the top 30.8%.
Is Firstsource Solutions' Receivables Turnover too high?
Firstsource Solutions' current Receivables Turnover is 2.00. The Software industry median Receivables Turnover is 5.72. Firstsource Solutions' value of 2.00 is 65% below this industry median. Based on the distribution chart, Firstsource Solutions ranks #854 out of 2777 companies in the Software industry, which is above the industry midpoint. Overall, Firstsource Solutions has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Firstsource Solutions' Receivables Turnover compare to IBM and ACN?
According to the Software industry distribution chart, Firstsource Solutions ranks #854 out of 2777 companies for Receivables Turnover. This puts Firstsource Solutions in the upper half of its industry. The industry median Receivables Turnover is 5.72. Firstsource Solutions' value of 2.00 is 65% 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 5.72, based on 2,777 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. Firstsource Solutions's current Receivables Turnover of 2.00 is 65% 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 Firstsource Solutions and its competitors. For the Software industry, the median Receivables Turnover is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firstsource Solutions's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstsource Solutions stock overvalued right now?
Based on GuruFocus' analysis, Firstsource Solutions (NSE:FSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹374.62, compared to a current price of ₹265.44 — trading 29.1% below its estimated fair value. The current Receivables Turnover is 2.00 and 65% below the Software industry median of 5.72. Firstsource Solutions' overall GF Score™ is 82/100 with 2 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 Firstsource Solutions (NSE:FSL), the current Receivables Turnover is 2.00 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 Firstsource Solutions (NSE:FSL) Overvalued in 2026?
Based on GuruFocus' analysis, Firstsource Solutions stock appears to be undervalued.
The current stock price of ₹265.44 is trading 29.1% below its estimated GF Value™ of ₹374.62.
GuruFocus considers Firstsource Solutions to be Modestly Undervalued.
Key valuation signals for NSE:FSL:
Receivables Turnover: 2.00
GF Value™: ₹374.62 vs. price of ₹265.44 (29.1% below fair value)
Industry Position: 65% below the Software median (#854 of 2777)
No single metric tells the full story. See the NSE:FSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firstsource Solutions Ltd is engaged in the business of providing customer management services like contact centers, transaction processing, and debt collection services. The company's business segment includes Banking and Financial Services, Healthcare, Communication, Media and Technology, and Diverse Industries. It generates maximum revenue from the Banking and Financial Services segment. Geographically, it derives a majority of its revenue from the United States of America.
82GF Score
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