LEEL Electricals (NSE:LEEL) Receivables Turnover: 6.31 (As of Mar. 2026)

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What is LEEL Electricals Receivables Turnover?

LEEL Electricals NSE:LEEL Receivables Turnover is 6.31 as of Mar. 2026. The stock has 6 warning signs investors should review.

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. LEEL Electricals's Revenue for the three months ended in Mar. 2026 was ₹169.6 Mil. LEEL Electricals's average Accounts Receivable for the three months ended in Mar. 2026 was ₹26.9 Mil. Hence, LEEL Electricals's Receivables Turnover for the three months ended in Mar. 2026 was 6.31.


LEEL Electricals  (NSE:LEEL) 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.


LEEL Electricals Receivables Turnover Related Terms


LEEL Electricals Receivables Turnover Historical Data

* Premium members only.

The historical data trend for LEEL Electricals'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.

LEEL Electricals Receivables Turnover Chart

LEEL Electricals 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 0.00 0.00 0.01 0.00 10.77

LEEL Electricals Quarterly Data
Dec12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 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 0.00 0.00 1.98 2.38 6.31

NSE:LEEL vs NRBT, EVTN: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.


LEEL Electricals Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, LEEL Electricals's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where LEEL Electricals's Receivables Turnover falls into.



LEEL Electricals Receivables Turnover Calculation

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

LEEL Electricals'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 )
=289.193 / ((0 + 26.862) / 1 )
=289.193 / 26.862
=10.77

LEEL Electricals'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 )
=169.568 / ((0 + 26.862) / 1 )
=169.568 / 26.862
=6.31

* 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 6.31 mean?
LEEL Electricals (NSE:LEEL) has a Receivables Turnover of 6.31 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 LEEL Electricals and its competitors.
Is LEEL Electricals' Receivables Turnover too high?
LEEL Electricals' current Receivables Turnover is 6.31. The Industrial Products industry median Receivables Turnover is 4.45. LEEL Electricals' value of 6.31 is 41.8% above this industry median.
How does LEEL Electricals' Receivables Turnover compare to NRBT and EVTN?
LEEL Electricals' Receivables Turnover of 6.31 can be compared against companies in the Industrial Products industry. The industry median Receivables Turnover is 4.45. LEEL Electricals' value of 6.31 is 41.8% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,032 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. LEEL Electricals's current Receivables Turnover of 6.31 is 41.8% 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 LEEL Electricals and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEEL Electricals's current Receivables Turnover is 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEEL Electricals stock overvalued right now?
LEEL Electricals (NSE:LEEL) has a current Receivables Turnover of 6.31. The current Receivables Turnover is 6.31 and 41.8% above the Industrial Products industry median of 4.45. 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 LEEL Electricals (NSE:LEEL), the current Receivables Turnover is 6.31 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.

LEEL Electricals Business Description

Address Ecotech XII, Industrial area, Plot No.57, Greater Noida, Noida, UP, IND, 201306
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.