Indian Renewable Energy Development Agency (NSE:IREDA) Receivables Turnover: 682.81 (As of Mar. 2026)

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NSE:IREDA Indian Renewable Energy Development Agency Ltd NSE:IREDA
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What is Indian Renewable Energy Development Agency Receivables Turnover?

Indian Renewable Energy Development Agency NSE:IREDA -0.24% 35 Receivables Turnover is 682.81 as of Mar. 2026. GuruFocus rates NSE:IREDA with a GF Score™ of 35/100. The stock has 7 warning signs investors should review. Among 297 Credit Services companies, Indian Renewable Energy Development Agency ranks better than 97.98% 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. Indian Renewable Energy Development Agency's Revenue for the three months ended in Mar. 2026 was ₹21,509 Mil. Indian Renewable Energy Development Agency's average Accounts Receivable for the three months ended in Mar. 2026 was ₹32 Mil. Hence, Indian Renewable Energy Development Agency's Receivables Turnover for the three months ended in Mar. 2026 was 682.81.


Indian Renewable Energy Development Agency  (NSE:IREDA) 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 Renewable Energy Development Agency Receivables Turnover Related Terms


Indian Renewable Energy Development Agency Receivables Turnover Historical Data

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The historical data trend for Indian Renewable Energy Development Agency'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.

Indian Renewable Energy Development Agency Receivables Turnover Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 741.54 708.17 1,036.68 1,758.11 2,607.37

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 596.41 607.08 391.31 406.39 682.81

NSE:IREDA vs V, MA, AXP: Receivables Turnover Comparison

For the Credit Services subindustry, Indian Renewable Energy Development Agency'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 Renewable Energy Development Agency Receivables Turnover vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's Receivables Turnover falls into.


NSE:IREDA
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Indian Renewable Energy Development Agency Ltd NSE:IREDA
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Indian Renewable Energy Development Agency Receivables Turnover Calculation

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

Indian Renewable Energy Development Agency'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 )
=82392.9 / ((31.7 + 31.5) / 2 )
=82392.9 / 31.6
=2,607.37

Indian Renewable Energy Development Agency'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 )
=21508.5 / ((0 + 31.5) / 1 )
=21508.5 / 31.5
=682.81

* 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 682.81 mean?
Indian Renewable Energy Development Agency (NSE:IREDA) has a Receivables Turnover of 682.81 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 Renewable Energy Development Agency and its competitors. According to the industry distribution chart, Indian Renewable Energy Development Agency ranks #6 out of 297 companies in the Credit Services industry, placing it in the top 2%.
Is Indian Renewable Energy Development Agency's Receivables Turnover too high?
Indian Renewable Energy Development Agency's current Receivables Turnover is 682.81. The Credit Services industry median Receivables Turnover is 8.81. Indian Renewable Energy Development Agency's value of 682.81 is 7650.4% above this industry median. Based on the distribution chart, Indian Renewable Energy Development Agency ranks #6 out of 297 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Renewable Energy Development Agency has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Indian Renewable Energy Development Agency's Receivables Turnover compare to V and MA?
According to the Credit Services industry distribution chart, Indian Renewable Energy Development Agency ranks #6 out of 297 companies for Receivables Turnover. This places Indian Renewable Energy Development Agency in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 8.81. Indian Renewable Energy Development Agency's value of 682.81 is 7650.4% 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 a Credit Services company?
The median Receivables Turnover among Credit Services companies is 8.81, based on 297 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 Renewable Energy Development Agency's current Receivables Turnover of 682.81 is 7650.4% 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 Indian Renewable Energy Development Agency and its competitors. For the Credit Services industry, the median Receivables Turnover is 8.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Renewable Energy Development Agency's current Receivables Turnover is 682.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Renewable Energy Development Agency stock overvalued right now?
Indian Renewable Energy Development Agency (NSE:IREDA) has a current Receivables Turnover of 682.81. The current Receivables Turnover is 682.81 and 7650.4% above the Credit Services industry median of 8.81. Indian Renewable Energy Development Agency's overall GF Score™ is 35/100 with 7 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 Renewable Energy Development Agency (NSE:IREDA), the current Receivables Turnover is 682.81 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.

Indian Renewable Energy Development Agency Business Description

Other Exchanges 544026:India
Address August Kranti Bhawan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. The company operates in two segments: Financing activities in the Renewable Energy (RE) & Energy Efficiency (EE) sector and Generation of power through Solar Plant operations at Kasaragod, Kerala. Majority revenue for the company is genetrated from the segment of financing activities in the RE EE sector.
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