Indo MIM (NSE:INDOMIM) Receivables Turnover: 5.88 (As of Mar. 2026)

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NSE:INDOMIM Indo MIM Ltd NSE:INDOMIM
17 GF Score
Price ₹868.05
! 1 Warning Sign
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What is Indo MIM Receivables Turnover?

Indo MIM NSE:INDOMIM -1.08% 17 Receivables Turnover is 5.88 as of Mar. 2026. GuruFocus rates NSE:INDOMIM with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 3,045 Industrial Products companies, Indo MIM ranks better than 69.1% 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 MIM's Revenue for the six months ended in Mar. 2026 was ₹41,411 Mil. Indo MIM's average Accounts Receivable for the six months ended in Mar. 2026 was ₹7,038 Mil. Hence, Indo MIM's Receivables Turnover for the six months ended in Mar. 2026 was 5.88.


Indo MIM  (NSE:INDOMIM) 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 MIM Receivables Turnover Related Terms


Indo MIM Receivables Turnover Historical Data

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The historical data trend for Indo MIM'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 MIM Receivables Turnover Chart

Indo MIM Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Receivables Turnover
5.27 5.36 5.47 5.88

Indo MIM Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Receivables Turnover 5.27 5.36 5.47 5.88

NSE:INDOMIM vs ATI, CRS, MLI: Receivables Turnover Comparison

For the Metal Fabrication subindustry, Indo MIM'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 MIM Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Indo MIM's Receivables Turnover distribution charts can be found below:

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


NSE:INDOMIM
17GF Score
Indo MIM Ltd NSE:INDOMIM
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Indo MIM Receivables Turnover Calculation

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

Indo MIM'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 )
=41410.56 / ((6438.2 + 7637.87) / 2 )
=41410.56 / 7038.035
=5.88

Indo MIM'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: Mar. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=41410.56 / ((6438.2 + 7637.87) / 2 )
=41410.56 / 7038.035
=5.88

* 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 5.88 mean?
Indo MIM (NSE:INDOMIM) has a Receivables Turnover of 5.88 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 MIM and its competitors. According to the industry distribution chart, Indo MIM ranks #941 out of 3045 companies in the Industrial Products industry, placing it in the top 30.9%.
Is Indo MIM's Receivables Turnover too high?
Indo MIM's current Receivables Turnover is 5.88. The Industrial Products industry median Receivables Turnover is 4.51. Indo MIM's value of 5.88 is 30.4% above this industry median. Based on the distribution chart, Indo MIM ranks #941 out of 3045 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Indo MIM has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indo MIM's Receivables Turnover compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Indo MIM ranks #941 out of 3045 companies for Receivables Turnover. This puts Indo MIM in the upper half of its industry. The industry median Receivables Turnover is 4.51. Indo MIM's value of 5.88 is 30.4% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,045 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 MIM's current Receivables Turnover of 5.88 is 30.4% 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 MIM and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo MIM's current Receivables Turnover is 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo MIM stock overvalued right now?
Indo MIM (NSE:INDOMIM) has a current Receivables Turnover of 5.88. The current Receivables Turnover is 5.88 and 30.4% above the Industrial Products industry median of 4.51. Indo MIM's overall GF Score™ is 17/100 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 Indo MIM (NSE:INDOMIM), the current Receivables Turnover is 5.88 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 MIM Business Description

Other Exchanges 544837:India
Address 45(P), KIADB Industrial Area, Hoskote, Bangalore, KA, IND, 562 114
Indo MIM Ltd is engaged in the business of manufacturing and trading of precision engineered metal products using metal injection molding (MIM) technology. Its capabilities include mold designing and tooling, finishing, and assembly operations. It also uses investment casting, precision machining, ceramic injection molding, and metal 3D printing technologies. Its products serve the automotive, defense, medical, consumer, and aerospace sectors. The majority of the company's revenue is derived from the sale of its products outside India, by exporting to North America, Europe and South East Asia.
17GF Score

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