Laxmi Dental (NSE:LAXMIDENTL) Receivables Turnover: 1.59 (As of Mar. 2026)

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NSE:LAXMIDENTL Laxmi Dental Ltd NSE:LAXMIDENTL
16 GF Score
Price ₹216.44
! 4 Warning Signs
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What is Laxmi Dental Receivables Turnover?

Laxmi Dental NSE:LAXMIDENTL +0.54% 16 Receivables Turnover is 1.59 as of Mar. 2026. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 811 Medical Devices & Instruments companies, Laxmi Dental ranks better than 62.89% 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. Laxmi Dental's Revenue for the three months ended in Mar. 2026 was ₹722 Mil. Laxmi Dental's average Accounts Receivable for the three months ended in Mar. 2026 was ₹455 Mil. Hence, Laxmi Dental's Receivables Turnover for the three months ended in Mar. 2026 was 1.59.


Laxmi Dental  (NSE:LAXMIDENTL) 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.


Laxmi Dental Receivables Turnover Related Terms


Laxmi Dental Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Laxmi Dental'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.

Laxmi Dental Receivables Turnover Chart

Laxmi Dental Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
6.36 7.79 8.45 7.68 6.60

Laxmi Dental Quarterly Data
Mar22 Mar23 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 1.65 1.75 1.68 1.52 1.59

NSE:LAXMIDENTL vs ISRG, BDX, MDLN: Receivables Turnover Comparison

For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.


Laxmi Dental Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Laxmi Dental's Receivables Turnover falls into.


NSE:LAXMIDENTL
16GF Score
Laxmi Dental Ltd NSE:LAXMIDENTL
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Laxmi Dental Receivables Turnover Calculation

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

Laxmi Dental'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 )
=2715.03 / ((366.76 + 455.38) / 2 )
=2715.03 / 411.07
=6.60

Laxmi Dental'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 )
=721.8 / ((0 + 455.38) / 1 )
=721.8 / 455.38
=1.59

* 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 1.59 mean?
Laxmi Dental (NSE:LAXMIDENTL) has a Receivables Turnover of 1.59 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 Laxmi Dental and its competitors. According to the industry distribution chart, Laxmi Dental ranks #301 out of 811 companies in the Medical Devices & Instruments industry, placing it in the top 37.1%.
Is Laxmi Dental's Receivables Turnover too high?
Laxmi Dental's current Receivables Turnover is 1.59. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. Laxmi Dental's value of 1.59 is 71.1% below this industry median. Based on the distribution chart, Laxmi Dental ranks #301 out of 811 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Laxmi Dental has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #301 out of 811 companies for Receivables Turnover. This puts Laxmi Dental in the upper half of its industry. The industry median Receivables Turnover is 5.51. Laxmi Dental's value of 1.59 is 71.1% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 811 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. Laxmi Dental's current Receivables Turnover of 1.59 is 71.1% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Receivables Turnover is 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Receivables Turnover of 1.59. The current Receivables Turnover is 1.59 and 71.1% below the Medical Devices & Instruments industry median of 5.51. Laxmi Dental's overall GF Score™ is 16/100 with 4 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 Laxmi Dental (NSE:LAXMIDENTL), the current Receivables Turnover is 1.59 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.

Laxmi Dental Business Description

Other Exchanges 544339:India
Address 301, A-wing, Interface-16, Mindspace, Malad (West, Mumbai, MH, IND, 400064
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
16GF Score

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