Jinkushal Industries (NSE:JKIPL) Receivables Turnover: 0.88 (As of Mar. 2026)

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NSE:JKIPL Jinkushal Industries Ltd NSE:JKIPL
17 GF Score
Price ₹100.62
! 6 Warning Signs
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What is Jinkushal Industries Receivables Turnover?

Jinkushal Industries NSE:JKIPL +2.93% 17 Receivables Turnover is 0.88 as of Mar. 2026. GuruFocus rates NSE:JKIPL with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 210 Farm & Heavy Construction Machinery companies, Jinkushal Industries ranks better than 50.48% 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. Jinkushal Industries's Revenue for the three months ended in Mar. 2026 was ₹1,920 Mil. Jinkushal Industries's average Accounts Receivable for the three months ended in Mar. 2026 was ₹2,173 Mil. Hence, Jinkushal Industries's Receivables Turnover for the three months ended in Mar. 2026 was 0.88.


Jinkushal Industries  (NSE:JKIPL) 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.


Jinkushal Industries Receivables Turnover Related Terms


Jinkushal Industries Receivables Turnover Historical Data

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The historical data trend for Jinkushal Industries'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.

Jinkushal Industries Receivables Turnover Chart

Jinkushal Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Receivables Turnover
412.44 7.84 4.68 2.22

Jinkushal Industries Quarterly Data
Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.48 0.57 3.42 0.88

NSE:JKIPL vs CAT, DE, PCAR: Receivables Turnover Comparison

For the Farm & Heavy Construction Machinery subindustry, Jinkushal Industries'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.


Jinkushal Industries Receivables Turnover vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Jinkushal Industries's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Jinkushal Industries's Receivables Turnover falls into.


NSE:JKIPL
17GF Score
Jinkushal Industries Ltd NSE:JKIPL
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Jinkushal Industries Receivables Turnover Calculation

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

Jinkushal Industries'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 )
=3551.828 / ((1023.585 + 2173.286) / 2 )
=3551.828 / 1598.4355
=2.22

Jinkushal Industries'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 )
=1919.954 / ((0 + 2173.286) / 1 )
=1919.954 / 2173.286
=0.88

* 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 0.88 mean?
Jinkushal Industries (NSE:JKIPL) has a Receivables Turnover of 0.88 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 Jinkushal Industries and its competitors. According to the industry distribution chart, Jinkushal Industries ranks #104 out of 210 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 49.5%.
Is Jinkushal Industries' Receivables Turnover too high?
Jinkushal Industries' current Receivables Turnover is 0.88. The Farm & Heavy Construction Machinery industry median Receivables Turnover is 4.97. Jinkushal Industries' value of 0.88 is 82.3% below this industry median. Based on the distribution chart, Jinkushal Industries ranks #104 out of 210 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Jinkushal Industries has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Jinkushal Industries' Receivables Turnover compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Jinkushal Industries ranks #104 out of 210 companies for Receivables Turnover. This puts Jinkushal Industries in the upper half of its industry. The industry median Receivables Turnover is 4.97. Jinkushal Industries' value of 0.88 is 82.3% 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 Farm & Heavy Construction Machinery company?
The median Receivables Turnover among Farm & Heavy Construction Machinery companies is 4.97, based on 210 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. Jinkushal Industries's current Receivables Turnover of 0.88 is 82.3% 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 Jinkushal Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Receivables Turnover is 4.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jinkushal Industries's current Receivables Turnover is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jinkushal Industries stock overvalued right now?
Jinkushal Industries (NSE:JKIPL) has a current Receivables Turnover of 0.88. The current Receivables Turnover is 0.88 and 82.3% below the Farm & Heavy Construction Machinery industry median of 4.97. Jinkushal Industries' overall GF Score™ is 17/100 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 Jinkushal Industries (NSE:JKIPL), the current Receivables Turnover is 0.88 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.

Jinkushal Industries Business Description

Other Exchanges 544547:India
Address Civil Lines, House No. 260, Ward No. 42, Opposite C. M. House, Near Chhattisgarh Club, Raipur, CT, IND, 492 001
Jinkushal Industries Ltd is engaged in export trading of new/customized and used/refurbished construction machines in international markets. It operates across three primary business verticals: export trading of customized, modified, and accessorized new construction machines; export trading of used/refurbished construction machines; and export trading of its own brand HexL construction machines to cater to a diverse international customer base. The company specializes in export trading of construction machines such as hydraulic excavators, motor graders, backhoe loaders, soil compactors, wheel loaders, bulldozers, cranes, and asphalt pavers. It generates the majority of its revenue from outside India.
17GF Score

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