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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. Indian Oil's Revenue for the
three
months ended in Mar. 2026 was ₹2,082,893 Mil. Indian Oil's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹146,348 Mil.
Hence, Indian Oil's Receivables Turnover for the
three
months ended in Mar. 2026 was 14.23.
Indian Oil (NSE:IOC) 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.
Indian Oil Receivables Turnover Related Terms
Indian Oil Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Indian Oil'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:IOC vs VLO, MPC, PSX: Receivables Turnover Comparison
For the Oil & Gas Refining & Marketing subindustry, Indian Oil'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.
Indian Oil Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indian Oil's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Indian Oil'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.
Indian Oil (NSE:IOC) has a Receivables Turnover of 14.23 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 Indian Oil and its competitors. According to the industry distribution chart, Indian Oil ranks #49 out of 893 companies in the Oil & Gas industry, placing it in the top 5.5%.
Is Indian Oil's Receivables Turnover too high?
Indian Oil's current Receivables Turnover is 14.23. The Oil & Gas industry median Receivables Turnover is 8.00. Indian Oil's value of 14.23 is 77.9% above this industry median. Based on the distribution chart, Indian Oil ranks #49 out of 893 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Oil has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Oil's Receivables Turnover compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Indian Oil ranks #49 out of 893 companies for Receivables Turnover. This places Indian Oil in the top 6% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 8.00. Indian Oil's value of 14.23 is 77.9% 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 Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.00, based on 893 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. Indian Oil's current Receivables Turnover of 14.23 is 77.9% 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 Indian Oil and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Oil's current Receivables Turnover is 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Oil stock overvalued right now?
Based on GuruFocus' analysis, Indian Oil (NSE:IOC) is currently considered Fairly Valued. The stock's GF Value™ is ₹156.44, compared to a current price of ₹142.03 — trading 9.2% below its estimated fair value. The current Receivables Turnover is 14.23 and 77.9% above the Oil & Gas industry median of 8.00. Indian Oil's overall GF Score™ is 77/100 with 5 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 Indian Oil (NSE:IOC), the current Receivables Turnover is 14.23 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 Indian Oil (NSE:IOC) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Oil stock appears to be undervalued.
The current stock price of ₹142.03 is trading 9.2% below its estimated GF Value™ of ₹156.44.
GuruFocus considers Indian Oil to be Fairly Valued.
Key valuation signals for NSE:IOC:
Receivables Turnover: 14.23
GF Value™: ₹156.44 vs. price of ₹142.03 (9.2% below fair value)
Industry Position: 77.9% above the Oil & Gas median (#49 of 893)
No single metric tells the full story. See the NSE:IOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Oil Corp Ltd conducts business across the entire hydrocarbon value chain, from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources, and globalisation of downstream operations. The group is engaged in the following business segments: Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and the Other operating segment, which includes oil and gas exploration activities, explosives and cryogenic business, and windmill and solar power generation. The majority of its revenue is generated from the sale of petroleum products such as motor spirit, high speed diesel, liquified petroleum gas, aviation turbine fuel, and others. Geographically, it derives key revenue from India.
77GF Score
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