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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. IG Petrochemicals's Revenue for the
three
months ended in Mar. 2026 was ₹5,243 Mil. IG Petrochemicals's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹3,503 Mil.
Hence, IG Petrochemicals's Receivables Turnover for the
three
months ended in Mar. 2026 was 1.50.
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.
IG Petrochemicals Receivables Turnover Related Terms
IG Petrochemicals Receivables Turnover Historical Data
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The historical data trend for IG Petrochemicals'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.
For the Chemicals subindustry, IG Petrochemicals'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.
IG Petrochemicals Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, IG Petrochemicals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where IG Petrochemicals'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.
IG Petrochemicals (NSE:IGPL) has a Receivables Turnover of 1.50 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 IG Petrochemicals and its competitors. According to the industry distribution chart, IG Petrochemicals ranks #661 out of 1577 companies in the Chemicals industry, placing it in the top 41.9%.
Is IG Petrochemicals' Receivables Turnover too high?
IG Petrochemicals' current Receivables Turnover is 1.50. The Chemicals industry median Receivables Turnover is 5.59. IG Petrochemicals' value of 1.50 is 73.2% below this industry median. Based on the distribution chart, IG Petrochemicals ranks #661 out of 1577 companies in the Chemicals industry, which is above the industry midpoint. Overall, IG Petrochemicals has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IG Petrochemicals' Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, IG Petrochemicals ranks #661 out of 1577 companies for Receivables Turnover. This puts IG Petrochemicals in the upper half of its industry. The industry median Receivables Turnover is 5.59. IG Petrochemicals' value of 1.50 is 73.2% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.59, based on 1,577 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. IG Petrochemicals's current Receivables Turnover of 1.50 is 73.2% 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 IG Petrochemicals and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Petrochemicals's current Receivables Turnover is 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, IG Petrochemicals (NSE:IGPL) is currently considered Fairly Valued. The stock's GF Value™ is ₹398.58, compared to a current price of ₹427.85 — trading 7.3% above its estimated fair value. The current Receivables Turnover is 1.50 and 73.2% below the Chemicals industry median of 5.59. IG Petrochemicals' overall GF Score™ is 77/100 with 11 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 IG Petrochemicals (NSE:IGPL), the current Receivables Turnover is 1.50 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 IG Petrochemicals (NSE:IGPL) Overvalued in 2026?
Based on GuruFocus' analysis, IG Petrochemicals stock appears to be overvalued.
The current stock price of ₹427.85 is trading 7.3% above its estimated GF Value™ of ₹398.58.
GuruFocus considers IG Petrochemicals to be Fairly Valued.
Key valuation signals for NSE:IGPL:
Receivables Turnover: 1.50
GF Value™: ₹398.58 vs. price of ₹427.85 (7.3% above fair value)
Industry Position: 73.2% below the Chemicals median (#661 of 1577)
No single metric tells the full story. See the NSE:IGPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.
77GF Score
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