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. Gujarat Mineral Development's Revenue for the
three
months ended in Mar. 2026 was ₹8,141 Mil. Gujarat Mineral Development's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹717 Mil.
Hence, Gujarat Mineral Development's Receivables Turnover for the
three
months ended in Mar. 2026 was 11.36.
Gujarat Mineral Development (NSE:GMDCLTD) 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.
Gujarat Mineral Development Receivables Turnover Related Terms
Gujarat Mineral Development Receivables Turnover Historical Data
* 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.
Gujarat Mineral Development Receivables Turnover Chart
Gujarat Mineral Development Receivables Turnover Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development'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.
Gujarat Mineral Development Receivables Turnover vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development'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.
Gujarat Mineral Development (NSE:GMDCLTD) has a Receivables Turnover of 11.36 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 Gujarat Mineral Development and its competitors. According to the industry distribution chart, Gujarat Mineral Development ranks #11 out of 125 companies in the Other Energy Sources industry, placing it in the top 8.8%.
Is Gujarat Mineral Development's Receivables Turnover too high?
Gujarat Mineral Development's current Receivables Turnover is 11.36. The Other Energy Sources industry median Receivables Turnover is 10.47. Gujarat Mineral Development's value of 11.36 is 8.5% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #11 out of 125 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Gujarat Mineral Development has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Receivables Turnover compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #11 out of 125 companies for Receivables Turnover. This places Gujarat Mineral Development in the top 9% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 10.47. Gujarat Mineral Development's value of 11.36 is 8.5% above 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 Other Energy Sources company?
The median Receivables Turnover among Other Energy Sources companies is 10.47, based on 125 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. Gujarat Mineral Development's current Receivables Turnover of 11.36 is 8.5% above 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 Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Receivables Turnover is 10.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Receivables Turnover is 11.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹372.38, compared to a current price of ₹586.30 — trading 57.4% above its estimated fair value. The current Receivables Turnover is 11.36 and 8.5% above the Other Energy Sources industry median of 10.47. Gujarat Mineral Development's overall GF Score™ is 63/100 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 Gujarat Mineral Development (NSE:GMDCLTD), the current Receivables Turnover is 11.36 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 Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued.
The current stock price of ₹586.30 is trading 57.4% above its estimated GF Value™ of ₹372.38.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
Receivables Turnover: 11.36
GF Value™: ₹372.38 vs. price of ₹586.30 (57.4% above fair value)
Industry Position: 8.5% above the Other Energy Sources median (#11 of 125)
No single metric tells the full story. See the NSE:GMDCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
63GF Score
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