Integrated Personnel Services (NSE:IPSL) Receivables Turnover: 2.33 (As of Mar. 2026)

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NSE:IPSL Integrated Personnel Services Ltd NSE:IPSL
77 GF Score
Price ₹235.00
GF Value ₹312.65
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Integrated Personnel Services Receivables Turnover?

Integrated Personnel Services NSE:IPSL +2.17% 77 Receivables Turnover is 2.33 as of Mar. 2026. GuruFocus rates NSE:IPSL with a GF Score™ of 77/100 and a GF Value™ of ₹312.65 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,062 Business Services companies, Integrated Personnel Services ranks worse than 71.56% 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. Integrated Personnel Services's Revenue for the six months ended in Mar. 2026 was ₹2,204 Mil. Integrated Personnel Services's average Accounts Receivable for the six months ended in Mar. 2026 was ₹948 Mil. Hence, Integrated Personnel Services's Receivables Turnover for the six months ended in Mar. 2026 was 2.33.


Integrated Personnel Services  (NSE:IPSL) 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.


Integrated Personnel Services Receivables Turnover Related Terms


Integrated Personnel Services Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Integrated Personnel Services'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.

Integrated Personnel Services Receivables Turnover Chart

Integrated Personnel Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 5.42 5.10 4.75 4.70 4.52

Integrated Personnel Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.47 2.24 2.45 2.22 2.33

NSE:IPSL vs KFY, RHI, TNET: Receivables Turnover Comparison

For the Staffing & Employment Services subindustry, Integrated Personnel Services'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.


Integrated Personnel Services Receivables Turnover vs Business Services Industry

For the Business Services industry and Industrials sector, Integrated Personnel Services's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Integrated Personnel Services's Receivables Turnover falls into.


NSE:IPSL
77GF Score
Integrated Personnel Services Ltd NSE:IPSL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Integrated Personnel Services Receivables Turnover Calculation

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

Integrated Personnel Services'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 )
=4007.956 / ((752.467 + 1022.511) / 2 )
=4007.956 / 887.489
=4.52

Integrated Personnel Services'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=2203.668 / ((872.711 + 1022.511) / 2 )
=2203.668 / 947.611
=2.33

* 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 2.33 mean?
Integrated Personnel Services (NSE:IPSL) has a Receivables Turnover of 2.33 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 Integrated Personnel Services and its competitors. According to the industry distribution chart, Integrated Personnel Services ranks #760 out of 1062 companies in the Business Services industry, placing it in the top 71.6%.
Is Integrated Personnel Services' Receivables Turnover too high?
Integrated Personnel Services' current Receivables Turnover is 2.33. The Business Services industry median Receivables Turnover is 6.22. Integrated Personnel Services' value of 2.33 is 62.5% below this industry median. Based on the distribution chart, Integrated Personnel Services ranks #760 out of 1062 companies in the Business Services industry, which is below the industry midpoint. Overall, Integrated Personnel Services has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Integrated Personnel Services' Receivables Turnover compare to KFY and RHI?
According to the Business Services industry distribution chart, Integrated Personnel Services ranks #760 out of 1062 companies for Receivables Turnover. This places Integrated Personnel Services in the lower half of its industry. The industry median Receivables Turnover is 6.22. Integrated Personnel Services' value of 2.33 is 62.5% 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 Business Services company?
The median Receivables Turnover among Business Services companies is 6.22, based on 1,062 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. Integrated Personnel Services's current Receivables Turnover of 2.33 is 62.5% 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 Integrated Personnel Services and its competitors. For the Business Services industry, the median Receivables Turnover is 6.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integrated Personnel Services's current Receivables Turnover is 2.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integrated Personnel Services stock overvalued right now?
Based on GuruFocus' analysis, Integrated Personnel Services (NSE:IPSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹312.65, compared to a current price of ₹235.00 — trading 24.8% below its estimated fair value. The current Receivables Turnover is 2.33 and 62.5% below the Business Services industry median of 6.22. Integrated Personnel Services' overall GF Score™ is 77/100 with 3 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 Integrated Personnel Services (NSE:IPSL), the current Receivables Turnover is 2.33 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 Integrated Personnel Services (NSE:IPSL) Overvalued in 2026?

Based on GuruFocus' analysis, Integrated Personnel Services stock appears to be undervalued. The current stock price of ₹235.00 is trading 24.8% below its estimated GF Value™ of ₹312.65. GuruFocus considers Integrated Personnel Services to be Modestly Undervalued.

Key valuation signals for NSE:IPSL:

  • Receivables Turnover: 2.33
  • GF Value™: ₹312.65 vs. price of ₹235.00 (24.8% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 62.5% below the Business Services median (#760 of 1062)

No single metric tells the full story. See the NSE:IPSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Integrated Personnel Services Business Description

Address 14, Whispering Palm, Shopping Center, Lokhandwala Complex, Kandivali (East), Mumbai, MH, IND, 400101
Integrated Personnel Services Ltd is an end to end human resource management company providing customized solutions to various corporates in India. The companies services includes temporary staffing solutions (flexi-staffing), permanent recruitment (executive search) services, specialized staff recruitment, outsourced recruitment processes and payroll management.
77GF Score

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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹235.00
Price
₹312.65
GF Value