India Tourism Development (NSE:ITDC) Receivables Turnover: 1.29 (As of Mar. 2026)

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NSE:ITDC India Tourism Development Corp Ltd NSE:ITDC
77 GF Score
Price ₹737.40
GF Value ₹574.97
Valuation Modestly Overvalued
! 6 Warning Signs
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What is India Tourism Development Receivables Turnover?

India Tourism Development NSE:ITDC -1.36% 77 Receivables Turnover is 1.29 as of Mar. 2026. GuruFocus rates NSE:ITDC with a GF Score™ of 77/100 and a GF Value™ of ₹574.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 832 Travel & Leisure companies, India Tourism Development ranks worse than 85.7% 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. India Tourism Development's Revenue for the three months ended in Mar. 2026 was ₹1,420 Mil. India Tourism Development's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,104 Mil. Hence, India Tourism Development's Receivables Turnover for the three months ended in Mar. 2026 was 1.29.


India Tourism Development  (NSE:ITDC) 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.


India Tourism Development Receivables Turnover Related Terms


India Tourism Development Receivables Turnover Historical Data

* Premium members only.

The historical data trend for India Tourism Development'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.

India Tourism Development Receivables Turnover Chart

India Tourism Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.30 6.18 6.58 5.86 4.63

India Tourism Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.67 0.73 0.99 1.55 1.29

NSE:ITDC vs MAR, HLT, H: Receivables Turnover Comparison

For the Lodging subindustry, India Tourism Development'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.


India Tourism Development Receivables Turnover vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, India Tourism Development's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where India Tourism Development's Receivables Turnover falls into.


NSE:ITDC
77GF Score
India Tourism Development Corp Ltd NSE:ITDC
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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India Tourism Development Receivables Turnover Calculation

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

India Tourism Development'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 )
=5330.235 / ((1197.052 + 1104.337) / 2 )
=5330.235 / 1150.6945
=4.63

India Tourism Development'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 )
=1420.096 / ((0 + 1104.337) / 1 )
=1420.096 / 1104.337
=1.29

* 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 1.29 mean?
India Tourism Development (NSE:ITDC) has a Receivables Turnover of 1.29 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 India Tourism Development and its competitors. According to the industry distribution chart, India Tourism Development ranks #713 out of 832 companies in the Travel & Leisure industry, placing it in the top 85.7%.
Is India Tourism Development's Receivables Turnover too high?
India Tourism Development's current Receivables Turnover is 1.29. The Travel & Leisure industry median Receivables Turnover is 14.10. India Tourism Development's value of 1.29 is 90.9% below this industry median. Based on the distribution chart, India Tourism Development ranks #713 out of 832 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, India Tourism Development has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Tourism Development's Receivables Turnover compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, India Tourism Development ranks #713 out of 832 companies for Receivables Turnover. This places India Tourism Development in the lower half of its industry. The industry median Receivables Turnover is 14.10. India Tourism Development's value of 1.29 is 90.9% 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 Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.10, based on 832 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. India Tourism Development's current Receivables Turnover of 1.29 is 90.9% 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 India Tourism Development and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Tourism Development's current Receivables Turnover is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Tourism Development stock overvalued right now?
Based on GuruFocus' analysis, India Tourism Development (NSE:ITDC) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹574.97, compared to a current price of ₹737.40 — trading 28.3% above its estimated fair value. The current Receivables Turnover is 1.29 and 90.9% below the Travel & Leisure industry median of 14.10. India Tourism Development's overall GF Score™ is 77/100 with 6 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 India Tourism Development (NSE:ITDC), the current Receivables Turnover is 1.29 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 India Tourism Development (NSE:ITDC) Overvalued in 2026?

Based on GuruFocus' analysis, India Tourism Development stock appears to be overvalued. The current stock price of ₹737.40 is trading 28.3% above its estimated GF Value™ of ₹574.97. GuruFocus considers India Tourism Development to be Modestly Overvalued.

Key valuation signals for NSE:ITDC:

  • Receivables Turnover: 1.29
  • GF Value™: ₹574.97 vs. price of ₹737.40 (28.3% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 90.9% below the Travel & Leisure median (#713 of 832)

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


India Tourism Development Business Description

Other Exchanges 532189:India
Address 7 Lodi Road, Scope Complex, Core 8, 6th Floor, New Delhi, IND, 110003
India Tourism Development Corp Ltd operates in the hotel industry. The company's operating segment includes Hotel/Restaurant Operations; Duty Free Shops Operations; Travel and Tour Operations; Ashok Events and Misc. Operations; Construction, Consultancy and SEL Projects and Others. It generates maximum revenue from the Hotel/Restaurant Operations segment.
77GF Score

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

₹737.40
Price
₹574.97
GF Value