Maitreya Medicare (NSE:MAITREYA) Receivables Turnover: 2.00 (As of Sep. 2023)

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NSE:MAITREYA Maitreya Medicare Ltd NSE:MAITREYA
18 GF Score
Price ₹119.00
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What is Maitreya Medicare Receivables Turnover?

Maitreya Medicare NSE:MAITREYA 18 Receivables Turnover is 2.00 as of Sep. 2023. GuruFocus rates NSE:MAITREYA with a GF Score™ of 18/100.

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. Maitreya Medicare's Revenue for the six months ended in Sep. 2023 was ₹247.9 Mil. Maitreya Medicare's average Accounts Receivable for the six months ended in Sep. 2023 was ₹123.9 Mil. Hence, Maitreya Medicare's Receivables Turnover for the six months ended in Sep. 2023 was 2.00.


Maitreya Medicare  (NSE:MAITREYA) 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.


Maitreya Medicare Receivables Turnover Related Terms


Maitreya Medicare Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Maitreya Medicare'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.

Maitreya Medicare Receivables Turnover Chart

Maitreya Medicare Annual Data
Trend Mar21 Mar22 Mar23
Receivables Turnover
11.58 9.18 5.05

Maitreya Medicare Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Receivables Turnover 0.00 0.00 0.00 2.00

NSE:MAITREYA vs HCA, DVA, THC: Receivables Turnover Comparison

For the Medical Care Facilities subindustry, Maitreya Medicare'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.


Maitreya Medicare Receivables Turnover vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Maitreya Medicare's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Maitreya Medicare's Receivables Turnover falls into.


NSE:MAITREYA
18GF Score
Maitreya Medicare Ltd NSE:MAITREYA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Maitreya Medicare Receivables Turnover Calculation

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

Maitreya Medicare's Receivables Turnover for the fiscal year that ended in Mar. 2023 is calculated as

Receivables Turnover (A: Mar. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2023 ) / ((Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count )
=393.8 / ((58.736 + 97.341) / 2 )
=393.8 / 78.0385
=5.05

Maitreya Medicare's Receivables Turnover for the quarter that ended in Sep. 2023 is calculated as

Receivables Turnover (Q: Sep. 2023 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Sep. 2023 ) / ((Accounts Receivable (Q: Mar. 2023 ) + Accounts Receivable (Q: Sep. 2023 )) / count )
=247.936 / ((97.341 + 150.39) / 2 )
=247.936 / 123.8655
=2.00

* 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 2.00 mean?
Maitreya Medicare (NSE:MAITREYA) has a Receivables Turnover of 2.00 as of Sep. 2023. 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 Maitreya Medicare and its competitors.
Is Maitreya Medicare's Receivables Turnover too high?
Maitreya Medicare's current Receivables Turnover is 2.00. The Healthcare Providers & Services industry median Receivables Turnover is 7.73. Maitreya Medicare's value of 2.00 is 74.1% below this industry median. Overall, Maitreya Medicare has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Maitreya Medicare's Receivables Turnover compare to HCA and DVA?
Maitreya Medicare's Receivables Turnover of 2.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Receivables Turnover is 7.73. Maitreya Medicare's value of 2.00 is 74.1% 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 Healthcare Providers & Services company?
The median Receivables Turnover among Healthcare Providers & Services companies is 7.73, based on 658 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. Maitreya Medicare's current Receivables Turnover of 2.00 is 74.1% 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 Maitreya Medicare and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maitreya Medicare's current Receivables Turnover is 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maitreya Medicare stock overvalued right now?
Maitreya Medicare (NSE:MAITREYA) has a current Receivables Turnover of 2.00. The current Receivables Turnover is 2.00 and 74.1% below the Healthcare Providers & Services industry median of 7.73. Maitreya Medicare's overall GF Score™ is 18/100. 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 Maitreya Medicare (NSE:MAITREYA), the current Receivables Turnover is 2.00 as of Sep. 2023. 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.

Maitreya Medicare Business Description

Address Nr. Someshwara Char Rasta, Udhana - Magdalla Road, Surat, GJ, IND, 395007
Maitreya Medicare Ltd is Multi Superspeciality hospital. It is a 125 bedded hospital that provides multi-disciplinary integrated healthcare services, with a focus on primary secondary & tertiary care, and also offers a comprehensive range of healthcare services across over 18 specialties and super specialties, including Cardiology, Urology, Oncology, Laparoscopic Surgery, Neurology, Neurosurgery, Spine Surgery, Nephrology including Dialysis, Gastroenterology, Gastrointestinal surgery, Cardiothoracic Surgery, Oncosurgery, Orthopedic Surgery including joint replacements and Arthroscopic surgeries, Gynecology & High-Risk Obstetrics, Hepatocellular Billary Surgery, Critical Care Medicine etc.
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Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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