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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. Indo Borax & Chemicals's Revenue for the
three
months ended in Mar. 2026 was ₹630 Mil. Indo Borax & Chemicals's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹104 Mil.
Hence, Indo Borax & Chemicals's Receivables Turnover for the
three
months ended in Mar. 2026 was 6.07.
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.
Indo Borax & Chemicals Receivables Turnover Related Terms
Indo Borax & Chemicals Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Indo Borax & Chemicals'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:INDOBORAX vs DOW: Receivables Turnover Comparison
For the Chemicals subindustry, Indo Borax & Chemicals'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.
Indo Borax & Chemicals Receivables Turnover vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Indo Borax & Chemicals'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.
Indo Borax & Chemicals (NSE:INDOBORAX) has a Receivables Turnover of 6.07 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 Indo Borax & Chemicals and its competitors. According to the industry distribution chart, Indo Borax & Chemicals ranks #184 out of 1577 companies in the Chemicals industry, placing it in the top 11.7%.
Is Indo Borax & Chemicals' Receivables Turnover too high?
Indo Borax & Chemicals' current Receivables Turnover is 6.07. The Chemicals industry median Receivables Turnover is 5.59. Indo Borax & Chemicals' value of 6.07 is 8.6% above this industry median. Based on the distribution chart, Indo Borax & Chemicals ranks #184 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Borax & Chemicals has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' Receivables Turnover compare to DOW?
According to the Chemicals industry distribution chart, Indo Borax & Chemicals ranks #184 out of 1577 companies for Receivables Turnover. This places Indo Borax & Chemicals in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.59. Indo Borax & Chemicals' value of 6.07 is 8.6% above 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. Indo Borax & Chemicals's current Receivables Turnover of 6.07 is 8.6% above 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 Indo Borax & Chemicals 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. Indo Borax & Chemicals's current Receivables Turnover is 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹218.41, compared to a current price of ₹450.65 — trading 106.3% above its estimated fair value. The current Receivables Turnover is 6.07 and 8.6% above the Chemicals industry median of 5.59. Indo Borax & Chemicals' overall GF Score™ is 72/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current Receivables Turnover is 6.07 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued.
The current stock price of ₹450.65 is trading 106.3% above its estimated GF Value™ of ₹218.41.
GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:INDOBORAX:
Receivables Turnover: 6.07
GF Value™: ₹218.41 vs. price of ₹450.65 (106.3% above fair value)
Industry Position: 8.6% above the Chemicals median (#184 of 1577)
No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
72GF Score
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