Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
ICRANSE:ICRA -1.60%86 Receivables Turnover is 2.03 as of Jun. 2026. GuruFocus rates NSE:ICRA with a GF Score™ of 86/100 and a GF Value™ of ₹8,207.21 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 575 Capital Markets companies, ICRA ranks better than 59.65% 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. ICRA's Revenue for the
three
months ended in Jun. 2026 was ₹1,634 Mil. ICRA's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹803 Mil.
Hence, ICRA's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.03.
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.
ICRA Receivables Turnover Related Terms
ICRA Receivables Turnover Historical Data
* Premium members only.
The historical data trend for ICRA'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:ICRA vs SPGI, CME, ICE: Receivables Turnover Comparison
For the Financial Data & Stock Exchanges subindustry, ICRA'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.
ICRA Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ICRA's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where ICRA'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.
ICRA (NSE:ICRA) has a Receivables Turnover of 2.03 as of Jun. 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 ICRA and its competitors. According to the industry distribution chart, ICRA ranks #232 out of 575 companies in the Capital Markets industry, placing it in the top 40.3%.
Is ICRA's Receivables Turnover too high?
ICRA's current Receivables Turnover is 2.03. The Capital Markets industry median Receivables Turnover is 6.78. ICRA's value of 2.03 is 70.1% below this industry median. Based on the distribution chart, ICRA ranks #232 out of 575 companies in the Capital Markets industry, which is above the industry midpoint. Overall, ICRA has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ICRA's Receivables Turnover compare to SPGI and CME?
According to the Capital Markets industry distribution chart, ICRA ranks #232 out of 575 companies for Receivables Turnover. This puts ICRA in the upper half of its industry. The industry median Receivables Turnover is 6.78. ICRA's value of 2.03 is 70.1% 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 Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.78, based on 575 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. ICRA's current Receivables Turnover of 2.03 is 70.1% 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 ICRA and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICRA's current Receivables Turnover is 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICRA stock overvalued right now?
Based on GuruFocus' analysis, ICRA (NSE:ICRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹8,207.21, compared to a current price of ₹5,092.40 — trading 38% below its estimated fair value. The current Receivables Turnover is 2.03 and 70.1% below the Capital Markets industry median of 6.78. ICRA's overall GF Score™ is 86/100 with 1 warning sign 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 ICRA (NSE:ICRA), the current Receivables Turnover is 2.03 as of Jun. 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 ICRA (NSE:ICRA) Overvalued in 2026?
Based on GuruFocus' analysis, ICRA stock appears to be undervalued.
The current stock price of ₹5,092.40 is trading 38% below its estimated GF Value™ of ₹8,207.21.
GuruFocus considers ICRA to be Possible Value Trap.
Key valuation signals for NSE:ICRA:
Receivables Turnover: 2.03
GF Value™: ₹8,207.21 vs. price of ₹5,092.40 (38% below fair value)
Industry Position: 70.1% below the Capital Markets median (#232 of 575)
No single metric tells the full story. See the NSE:ICRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ICRA Ltd is an independent and professional Investment Information and credit rating agency. The company operates through four segments: Rating, research, and other services; Consulting services; Knowledge and Market Services. The company generates over half of its revenue from the Rating, research and other services segment. Rating, research, and other services segment provides rating, grading, and industry research services. The consulting services segment provides management consulting which includes risk management, financial advisory, outsourcing, and policy advisory. The knowledge Services segment provides KPO services and the Market services segment provides financial information products and services. Geographically the majority of revenue is generated from within India.
86GF Score
Get the complete analysis for NSE:ICRA
Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ICRA has been successfully added to your 
