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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. Harsha Engineers International's Revenue for the
three
months ended in Mar. 2026 was ₹4,739 Mil. Harsha Engineers International's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹3,780 Mil.
Hence, Harsha Engineers International's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.25.
Harsha Engineers International (NSE:HARSHA) 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.
Harsha Engineers International Receivables Turnover Related Terms
Harsha Engineers International 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.
Harsha Engineers International Receivables Turnover Chart
NSE:HARSHA vs SNA, RBC, SWK: Receivables Turnover Comparison
For the Tools & Accessories subindustry, Harsha Engineers International'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.
Harsha Engineers International Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harsha Engineers International's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Harsha Engineers International'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.
Harsha Engineers International (NSE:HARSHA) has a Receivables Turnover of 1.25 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 Harsha Engineers International and its competitors. According to the industry distribution chart, Harsha Engineers International ranks #1369 out of 3033 companies in the Industrial Products industry, placing it in the top 45.1%.
Is Harsha Engineers International's Receivables Turnover too high?
Harsha Engineers International's current Receivables Turnover is 1.25. The Industrial Products industry median Receivables Turnover is 4.46. Harsha Engineers International's value of 1.25 is 72% below this industry median. Based on the distribution chart, Harsha Engineers International ranks #1369 out of 3033 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's Receivables Turnover compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #1369 out of 3033 companies for Receivables Turnover. This puts Harsha Engineers International in the upper half of its industry. The industry median Receivables Turnover is 4.46. Harsha Engineers International's value of 1.25 is 72% 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 4.46, based on 3,033 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. Harsha Engineers International's current Receivables Turnover of 1.25 is 72% 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 Harsha Engineers International and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current Receivables Turnover is 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹503.54, compared to a current price of ₹404.45 — trading 19.7% below its estimated fair value. The current Receivables Turnover is 1.25 and 72% below the Industrial Products industry median of 4.46. Harsha Engineers International's overall GF Score™ is 86/100 with 4 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 Harsha Engineers International (NSE:HARSHA), the current Receivables Turnover is 1.25 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?
Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued.
The current stock price of ₹404.45 is trading 19.7% below its estimated GF Value™ of ₹503.54.
GuruFocus considers Harsha Engineers International to be Modestly Undervalued.
Key valuation signals for NSE:HARSHA:
Receivables Turnover: 1.25
GF Value™: ₹503.54 vs. price of ₹404.45 (19.7% below fair value)
Industry Position: 72% below the Industrial Products median (#1369 of 3033)
No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harsha Engineers International Business Description
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
86GF Score
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