Indo Farm Equipment (NSE:INDOFARM) Receivables Turnover: 1.12 (As of Mar. 2026)

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NSE:INDOFARM Indo Farm Equipment Ltd NSE:INDOFARM
37 GF Score
Price ₹162.74
! 4 Warning Signs
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What is Indo Farm Equipment Receivables Turnover?

Indo Farm Equipment NSE:INDOFARM +3.23% 37 Receivables Turnover is 1.12 as of Mar. 2026. GuruFocus rates NSE:INDOFARM with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Indo Farm Equipment ranks better than 91.9% 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. Indo Farm Equipment's Revenue for the three months ended in Mar. 2026 was ₹1,340 Mil. Indo Farm Equipment's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,198 Mil. Hence, Indo Farm Equipment's Receivables Turnover for the three months ended in Mar. 2026 was 1.12.


Indo Farm Equipment  (NSE:INDOFARM) 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.


Indo Farm Equipment Receivables Turnover Related Terms


Indo Farm Equipment Receivables Turnover Historical Data

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The historical data trend for Indo Farm Equipment'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.

Indo Farm Equipment Receivables Turnover Chart

Indo Farm Equipment Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 4.82 5.06 4.19 3.65 3.87

Indo Farm Equipment Quarterly Data
Mar21 Mar22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.21 0.89 0.83 8.47 1.12

NSE:INDOFARM vs CAT, DE, PCAR: Receivables Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Indo Farm Equipment'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 Farm Equipment Receivables Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Indo Farm Equipment's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Indo Farm Equipment's Receivables Turnover falls into.


NSE:INDOFARM
37GF Score
Indo Farm Equipment Ltd NSE:INDOFARM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo Farm Equipment Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Indo Farm Equipment's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=4400.205 / ((1077.715 + 1197.671) / 2 )
=4400.205 / 1137.693
=3.87

Indo Farm Equipment's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1339.928 / ((0 + 1197.671) / 1 )
=1339.928 / 1197.671
=1.12

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 1.12 mean?
Indo Farm Equipment (NSE:INDOFARM) has a Receivables Turnover of 1.12 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 Farm Equipment and its competitors. According to the industry distribution chart, Indo Farm Equipment ranks #17 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 8.1%.
Is Indo Farm Equipment's Receivables Turnover too high?
Indo Farm Equipment's current Receivables Turnover is 1.12. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 5.02. Indo Farm Equipment's value of 1.12 is 77.7% below this industry median. Based on the distribution chart, Indo Farm Equipment ranks #17 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Farm Equipment has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Indo Farm Equipment's Receivables Turnover compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Indo Farm Equipment ranks #17 out of 210 companies for Receivables Turnover. This places Indo Farm Equipment in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.02. Indo Farm Equipment's value of 1.12 is 77.7% 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 a Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 5.02, based on 210 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 Farm Equipment's current Receivables Turnover of 1.12 is 77.7% 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 Indo Farm Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 5.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Farm Equipment's current Receivables Turnover is 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Farm Equipment stock overvalued right now?
Indo Farm Equipment (NSE:INDOFARM) has a current Receivables Turnover of 1.12. The current Receivables Turnover is 1.12 and 77.7% below the Farm & Heavy Construction Machinery industry median of 5.02. Indo Farm Equipment's overall GF Score™ is 37/100 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 Indo Farm Equipment (NSE:INDOFARM), the current Receivables Turnover is 1.12 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.

Indo Farm Equipment Business Description

Other Exchanges 544328:India
Address Export Promotion Industrial Park, Phase-II, District Solan, Baddi, HP, IND, 173 205
Indo Farm Equipment Ltd is a fully integrated established manufacturer of Tractors and Pick & Carry Cranes. It also deals in other farm equipment such as Harvester Combines, Rotavators, and other related spares & components. Its facilities are equipped with induction furnaces, pneumatic molding machines, automatic molding line, a sand plant, a fully equipped Metallurgy and Sand Testing Laboratory, a Machining Center, a Gear Shop, a Press Shop, Fabrication Shop, Paint Shop, Assembly unit, Quality Room & Utility room.
37GF Score

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