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.
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. Indraprastha Gas's Revenue for the
three
months ended in Mar. 2026 was ₹41,627 Mil. Indraprastha Gas's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹9,201 Mil.
Hence, Indraprastha Gas's Receivables Turnover for the
three
months ended in Mar. 2026 was 4.52.
Indraprastha Gas (NSE:IGL) 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.
Indraprastha Gas Receivables Turnover Related Terms
Indraprastha Gas Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Indraprastha Gas'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:IGL vs ATO, NI, UGI: Receivables Turnover Comparison
For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.
Indraprastha Gas Receivables Turnover vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas'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.
Indraprastha Gas (NSE:IGL) has a Receivables Turnover of 4.52 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 Indraprastha Gas and its competitors. According to the industry distribution chart, Indraprastha Gas ranks #32 out of 495 companies in the Utilities - Regulated industry, placing it in the top 6.5%.
Is Indraprastha Gas' Receivables Turnover too high?
Indraprastha Gas' current Receivables Turnover is 4.52. The Utilities - Regulated industry median Receivables Turnover is 6.80. Indraprastha Gas' value of 4.52 is 33.5% below this industry median. Based on the distribution chart, Indraprastha Gas ranks #32 out of 495 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Indraprastha Gas has a GF Score™ of 97/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' Receivables Turnover compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #32 out of 495 companies for Receivables Turnover. This places Indraprastha Gas in the top 7% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.80. Indraprastha Gas' value of 4.52 is 33.5% 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 an Utilities - Regulated company?
The median Receivables Turnover among Utilities - Regulated companies is 6.80, based on 495 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. Indraprastha Gas's current Receivables Turnover of 4.52 is 33.5% 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 Indraprastha Gas and its competitors. For the Utilities - Regulated industry, the median Receivables Turnover is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current Receivables Turnover is 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indraprastha Gas stock overvalued right now?
Based on GuruFocus' analysis, Indraprastha Gas (NSE:IGL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹242.46, compared to a current price of ₹151.98 — trading 37.3% below its estimated fair value. The current Receivables Turnover is 4.52 and 33.5% below the Utilities - Regulated industry median of 6.80. Indraprastha Gas' overall GF Score™ is 97/100 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 Indraprastha Gas (NSE:IGL), the current Receivables Turnover is 4.52 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 Indraprastha Gas (NSE:IGL) Overvalued in 2026?
Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued.
The current stock price of ₹151.98 is trading 37.3% below its estimated GF Value™ of ₹242.46.
GuruFocus considers Indraprastha Gas to be Significantly Undervalued.
Key valuation signals for NSE:IGL:
Receivables Turnover: 4.52
GF Value™: ₹242.46 vs. price of ₹151.98 (37.3% below fair value)
Industry Position: 33.5% below the Utilities - Regulated median (#32 of 495)
No single metric tells the full story. See the NSE:IGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indraprastha Gas Ltd is an Indian utility company engaged in the business of city gas distribution. It operates in a single segment of the natural gas business, and its products include the Compressed Natural Gas Business provides a fossil fuel substitute for other auto fuels such as petrol, diesel, LPG, etc, and the Piped Natural Gas Business is mainly methane-CH4 with a small percentage of other higher hydrocarbons. The group generates the majority of its revenue from the Compressed Natural Gas Business.
97GF Score
Get the complete analysis for NSE:IGL
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:IGL has been successfully added to your 
