Mahindra Logistics (NSE:MAHLOG) Receivables Turnover: 2.90 (As of Jun. 2026)

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NSE:MAHLOG Mahindra Logistics Ltd NSE:MAHLOG
88 GF Score
Price ₹402.70
GF Value ₹374.27
Valuation Fairly Valued
! 7 Warning Signs
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What is Mahindra Logistics Receivables Turnover?

Mahindra Logistics NSE:MAHLOG -2.71% 88 Receivables Turnover is 2.90 as of Jun. 2026. GuruFocus rates NSE:MAHLOG with a GF Score™ of 88/100 and a GF Value™ of ₹374.27 (Fairly Valued). The stock has 7 warning signs investors should review. Among 997 Transportation companies, Mahindra Logistics ranks better than 68.61% 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. Mahindra Logistics's Revenue for the three months ended in Jun. 2026 was ₹20,029 Mil. Mahindra Logistics's average Accounts Receivable for the three months ended in Jun. 2026 was ₹6,896 Mil. Hence, Mahindra Logistics's Receivables Turnover for the three months ended in Jun. 2026 was 2.90.


Mahindra Logistics  (NSE:MAHLOG) 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.


Mahindra Logistics Receivables Turnover Related Terms


Mahindra Logistics Receivables Turnover Historical Data

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The historical data trend for Mahindra Logistics'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.

Mahindra Logistics Receivables Turnover Chart

Mahindra Logistics 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 8.48 8.97 8.13 9.20 10.65

Mahindra Logistics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.60 2.37 2.67 2.60 2.90

NSE:MAHLOG vs UPS, FDX, JBHT: Receivables Turnover Comparison

For the Integrated Freight & Logistics subindustry, Mahindra Logistics'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.


Mahindra Logistics Receivables Turnover vs Transportation Industry

For the Transportation industry and Industrials sector, Mahindra Logistics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mahindra Logistics's Receivables Turnover falls into.


NSE:MAHLOG
88GF Score
Mahindra Logistics Ltd NSE:MAHLOG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahindra Logistics Receivables Turnover Calculation

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

Mahindra Logistics'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 )
=69993 / ((6251 + 6895.9) / 2 )
=69993 / 6573.45
=10.65

Mahindra Logistics's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=20028.8 / ((6895.9 + 0) / 1 )
=20028.8 / 6895.9
=2.90

* 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 2.90 mean?
Mahindra Logistics (NSE:MAHLOG) has a Receivables Turnover of 2.90 as of Jun. 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 Mahindra Logistics and its competitors. According to the industry distribution chart, Mahindra Logistics ranks #313 out of 997 companies in the Transportation industry, placing it in the top 31.4%.
Is Mahindra Logistics' Receivables Turnover too high?
Mahindra Logistics' current Receivables Turnover is 2.90. The Transportation industry median Receivables Turnover is 7.76. Mahindra Logistics' value of 2.90 is 62.6% below this industry median. Based on the distribution chart, Mahindra Logistics ranks #313 out of 997 companies in the Transportation industry, which is above the industry midpoint. Overall, Mahindra Logistics has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mahindra Logistics' Receivables Turnover compare to UPS and FDX?
According to the Transportation industry distribution chart, Mahindra Logistics ranks #313 out of 997 companies for Receivables Turnover. This puts Mahindra Logistics in the upper half of its industry. The industry median Receivables Turnover is 7.76. Mahindra Logistics' value of 2.90 is 62.6% 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 Transportation company?
The median Receivables Turnover among Transportation companies is 7.76, based on 997 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. Mahindra Logistics's current Receivables Turnover of 2.90 is 62.6% 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 Mahindra Logistics and its competitors. For the Transportation industry, the median Receivables Turnover is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahindra Logistics's current Receivables Turnover is 2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahindra Logistics stock overvalued right now?
Based on GuruFocus' analysis, Mahindra Logistics (NSE:MAHLOG) is currently considered Fairly Valued. The stock's GF Value™ is ₹374.27, compared to a current price of ₹402.70 — trading 7.6% above its estimated fair value. The current Receivables Turnover is 2.90 and 62.6% below the Transportation industry median of 7.76. Mahindra Logistics' overall GF Score™ is 88/100 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 Mahindra Logistics (NSE:MAHLOG), the current Receivables Turnover is 2.90 as of Jun. 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 Mahindra Logistics (NSE:MAHLOG) Overvalued in 2026?

Based on GuruFocus' analysis, Mahindra Logistics stock appears to be overvalued. The current stock price of ₹402.70 is trading 7.6% above its estimated GF Value™ of ₹374.27. GuruFocus considers Mahindra Logistics to be Fairly Valued.

Key valuation signals for NSE:MAHLOG:

  • Receivables Turnover: 2.90
  • GF Value™: ₹374.27 vs. price of ₹402.70 (7.6% above fair value)
  • GF Score™: 88/100 with 7 warning signs
  • Industry Position: 62.6% below the Transportation median (#313 of 997)

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


Mahindra Logistics Business Description

Other Exchanges 540768:India
Address Jogeshwari Vikhroli Link Road, 10th & 11th Floor, Arena Space, Near Majas Bus Depot, Jogeshwari (East), Mumbai, MH, IND, 400060
Mahindra Logistics Ltd is a domestic third-party logistics service provider. It operates in two business segments including Supply Chain Management Business, and Enterprise Mobility Service. The Supply chain management offers customized and end-to-end goods logistics solutions and services including transportation and distribution, warehousing, in-factory logistics, and value-added services. Enterprise Mobility Service provides technology-enabled and customized solutions for the daily pick-up and drop requirements of enterprises. The company derives the majority of its revenue from the Supply chain management segment.
88GF Score

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

₹402.70
Price
₹374.27
GF Value