HEC Infra Projects (NSE:HECPROJECT) Receivables Turnover: 1.89 (As of Mar. 2026)

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NSE:HECPROJECT HEC Infra Projects Ltd NSE:HECPROJECT
89 GF Score
Price ₹139.46
GF Value ₹206.33
Valuation Significantly Undervalued
! 2 Warning Signs
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What is HEC Infra Projects Receivables Turnover?

HEC Infra Projects NSE:HECPROJECT -0.54% 89 Receivables Turnover is 1.89 as of Mar. 2026. GuruFocus rates NSE:HECPROJECT with a GF Score™ of 89/100 and a GF Value™ of ₹206.33 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,763 Construction companies, HEC Infra Projects ranks worse than 50.37% 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. HEC Infra Projects's Revenue for the three months ended in Mar. 2026 was ₹507 Mil. HEC Infra Projects's average Accounts Receivable for the three months ended in Mar. 2026 was ₹268 Mil. Hence, HEC Infra Projects's Receivables Turnover for the three months ended in Mar. 2026 was 1.89.


HEC Infra Projects  (NSE:HECPROJECT) 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.


HEC Infra Projects Receivables Turnover Related Terms


HEC Infra Projects Receivables Turnover Historical Data

* Premium members only.

The historical data trend for HEC Infra Projects'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.

HEC Infra Projects Receivables Turnover Chart

HEC Infra Projects 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 1.47 1.69 3.14 3.55 4.72

HEC Infra Projects Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 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 0.97 0.58 1.10 1.56 1.89

NSE:HECPROJECT vs PWR, FIX, EME: Receivables Turnover Comparison

For the Engineering & Construction subindustry, HEC Infra Projects'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.


HEC Infra Projects Receivables Turnover vs Construction Industry

For the Construction industry and Industrials sector, HEC Infra Projects's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where HEC Infra Projects's Receivables Turnover falls into.


NSE:HECPROJECT
89GF Score
HEC Infra Projects Ltd NSE:HECPROJECT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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HEC Infra Projects Receivables Turnover Calculation

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

HEC Infra Projects'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 )
=1764.911 / ((480.405 + 267.957) / 2 )
=1764.911 / 374.181
=4.72

HEC Infra Projects'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 )
=507.332 / ((0 + 267.957) / 1 )
=507.332 / 267.957
=1.89

* 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 1.89 mean?
HEC Infra Projects (NSE:HECPROJECT) has a Receivables Turnover of 1.89 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 HEC Infra Projects and its competitors. According to the industry distribution chart, HEC Infra Projects ranks #888 out of 1763 companies in the Construction industry, placing it in the top 50.4%.
Is HEC Infra Projects' Receivables Turnover too high?
HEC Infra Projects' current Receivables Turnover is 1.89. The Construction industry median Receivables Turnover is 4.78. HEC Infra Projects' value of 1.89 is 60.5% below this industry median. Based on the distribution chart, HEC Infra Projects ranks #888 out of 1763 companies in the Construction industry, which is below the industry midpoint. Overall, HEC Infra Projects has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HEC Infra Projects' Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, HEC Infra Projects ranks #888 out of 1763 companies for Receivables Turnover. This places HEC Infra Projects in the lower half of its industry. The industry median Receivables Turnover is 4.78. HEC Infra Projects' value of 1.89 is 60.5% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.78, based on 1,763 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. HEC Infra Projects's current Receivables Turnover of 1.89 is 60.5% 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 HEC Infra Projects and its competitors. For the Construction industry, the median Receivables Turnover is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HEC Infra Projects's current Receivables Turnover is 1.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HEC Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, HEC Infra Projects (NSE:HECPROJECT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹206.33, compared to a current price of ₹139.46 — trading 32.4% below its estimated fair value. The current Receivables Turnover is 1.89 and 60.5% below the Construction industry median of 4.78. HEC Infra Projects' overall GF Score™ is 89/100 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 HEC Infra Projects (NSE:HECPROJECT), the current Receivables Turnover is 1.89 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 HEC Infra Projects (NSE:HECPROJECT) Overvalued in 2026?

Based on GuruFocus' analysis, HEC Infra Projects stock appears to be undervalued. The current stock price of ₹139.46 is trading 32.4% below its estimated GF Value™ of ₹206.33. GuruFocus considers HEC Infra Projects to be Significantly Undervalued.

Key valuation signals for NSE:HECPROJECT:

  • Receivables Turnover: 1.89
  • GF Value™: ₹206.33 vs. price of ₹139.46 (32.4% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 60.5% below the Construction median (#888 of 1763)

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


HEC Infra Projects Business Description

Address Sindhu Bhavan Road, Sigma 1 Corporate, Corporate House No. 6, Near Mahan Party Plot Cross Road, Bodakdev, Ahmedabad, GJ, IND, 380054
HEC Infra Projects Ltd is an Engineering, Procurement and Construction Company Contractor in the Electro-Mechanical and Instrumentation Projects. The company services include switchyards; overhead transmission; substations, underground cable lying; Industrial and commercial electrification, battery energy storage system and mini / micro grid Solar projects water pumping stations; solar park; rooftop solar; indoor and outdoor lighting; security; fire alarm systems and others. It serves Steel, Chemical, Cement, Refineries, Petrochemicals, Gas and Oil Sector, Textile, Pharmaceuticals, Power-generation plants, Ports, Banks, Malls, Call Centers, Software Park; and other industries. It is engaged in the EPC Electro-Mechanical Project Business which is their only segment.
89GF Score

Get the complete analysis for NSE:HECPROJECT

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

₹139.46
Price
₹206.33
GF Value