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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. HPL Electric & Power's Revenue for the
three
months ended in Mar. 2026 was ₹5,197 Mil. HPL Electric & Power's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹7,653 Mil.
Hence, HPL Electric & Power's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.68.
HPL Electric & Power (NSE:HPL) 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.
HPL Electric & Power Receivables Turnover Related Terms
HPL Electric & Power Receivables Turnover Historical Data
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The historical data trend for HPL Electric & Power'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:HPL vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, HPL Electric & Power'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.
HPL Electric & Power Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, HPL Electric & Power's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where HPL Electric & Power'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.
HPL Electric & Power (NSE:HPL) has a Receivables Turnover of 0.68 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 HPL Electric & Power and its competitors. According to the industry distribution chart, HPL Electric & Power ranks #2491 out of 3028 companies in the Industrial Products industry, placing it in the top 82.3%.
Is HPL Electric & Power's Receivables Turnover too high?
HPL Electric & Power's current Receivables Turnover is 0.68. The Industrial Products industry median Receivables Turnover is 4.45. HPL Electric & Power's value of 0.68 is 84.7% below this industry median. Based on the distribution chart, HPL Electric & Power ranks #2491 out of 3028 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, HPL Electric & Power has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HPL Electric & Power's Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, HPL Electric & Power ranks #2491 out of 3028 companies for Receivables Turnover. This places HPL Electric & Power in the lower half of its industry. The industry median Receivables Turnover is 4.45. HPL Electric & Power's value of 0.68 is 84.7% 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 4.45, based on 3,028 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. HPL Electric & Power's current Receivables Turnover of 0.68 is 84.7% 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 HPL Electric & Power and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HPL Electric & Power's current Receivables Turnover is 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HPL Electric & Power stock overvalued right now?
Based on GuruFocus' analysis, HPL Electric & Power (NSE:HPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹469.51, compared to a current price of ₹344.35 — trading 26.7% below its estimated fair value. The current Receivables Turnover is 0.68 and 84.7% below the Industrial Products industry median of 4.45. HPL Electric & Power's overall GF Score™ is 79/100 with 3 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 HPL Electric & Power (NSE:HPL), the current Receivables Turnover is 0.68 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 HPL Electric & Power (NSE:HPL) Overvalued in 2026?
Based on GuruFocus' analysis, HPL Electric & Power stock appears to be undervalued.
The current stock price of ₹344.35 is trading 26.7% below its estimated GF Value™ of ₹469.51.
GuruFocus considers HPL Electric & Power to be Modestly Undervalued.
Key valuation signals for NSE:HPL:
Receivables Turnover: 0.68
GF Value™: ₹469.51 vs. price of ₹344.35 (26.7% below fair value)
Industry Position: 84.7% below the Industrial Products median (#2491 of 3028)
No single metric tells the full story. See the NSE:HPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HPL Electric & Power Ltd is an Indian company engaged in manufacturing electric equipment across the key verticals: Metering, Switchgear, Lighting and Electronics, and Cables. The company operates in two segments: Metering, systems & services, and Consumer, Industrial & services. It derives key revenue from the Metering, Systems & Services segment. The product portfolio includes digital panel meters, smart Meters, Net Meters for Solar Rooftops, Prepaid Metering Solutions, Ebrit Digital Panel Meters, cordless chimes, and Trivector Meters. Geographically, the majority of its revenue is generated in India.
79GF Score
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