Mandeep Auto Industries (NSE:MANDEEP) Receivables Turnover: 2.63 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MANDEEP Mandeep Auto Industries Ltd NSE:MANDEEP
37 GF Score
Price ₹20.15
! 7 Warning Signs
View Full Analysis

What is Mandeep Auto Industries Receivables Turnover?

Mandeep Auto Industries NSE:MANDEEP 37 Receivables Turnover is 2.63 as of Mar. 2026. GuruFocus rates NSE:MANDEEP with a GF Score™ of 37/100. The stock has 7 warning signs investors should review. Among 1,315 Vehicles & Parts companies, Mandeep Auto Industries ranks worse than 63.65% 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. Mandeep Auto Industries's Revenue for the six months ended in Mar. 2026 was ₹200.9 Mil. Mandeep Auto Industries's average Accounts Receivable for the six months ended in Mar. 2026 was ₹76.4 Mil. Hence, Mandeep Auto Industries's Receivables Turnover for the six months ended in Mar. 2026 was 2.63.


Mandeep Auto Industries  (NSE:MANDEEP) 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.


Mandeep Auto Industries Receivables Turnover Related Terms


Mandeep Auto Industries Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Mandeep Auto 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.

Mandeep Auto Industries Receivables Turnover Chart

Mandeep Auto Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 8.27 8.54 5.26 5.75 5.35

Mandeep Auto Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 3.66 2.37 2.25 2.63

NSE:MANDEEP vs ORLY, AZO: Receivables Turnover Comparison

For the Auto Parts subindustry, Mandeep Auto 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.


Mandeep Auto Industries Receivables Turnover vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mandeep Auto Industries's Receivables Turnover distribution charts can be found below:

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


NSE:MANDEEP
37GF Score
Mandeep Auto Industries Ltd NSE:MANDEEP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mandeep Auto Industries Receivables Turnover Calculation

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

Mandeep Auto 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 )
=371.184 / ((68.662 + 70.145) / 2 )
=371.184 / 69.4035
=5.35

Mandeep Auto 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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=200.913 / ((82.623 + 70.145) / 2 )
=200.913 / 76.384
=2.63

* 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 2.63 mean?
Mandeep Auto Industries (NSE:MANDEEP) has a Receivables Turnover of 2.63 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 Mandeep Auto Industries and its competitors. According to the industry distribution chart, Mandeep Auto Industries ranks #837 out of 1315 companies in the Vehicles & Parts industry, placing it in the top 63.7%.
Is Mandeep Auto Industries' Receivables Turnover too high?
Mandeep Auto Industries' current Receivables Turnover is 2.63. The Vehicles & Parts industry median Receivables Turnover is 5.99. Mandeep Auto Industries' value of 2.63 is 56.1% below this industry median. Based on the distribution chart, Mandeep Auto Industries ranks #837 out of 1315 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mandeep Auto Industries has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Mandeep Auto Industries' Receivables Turnover compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mandeep Auto Industries ranks #837 out of 1315 companies for Receivables Turnover. This places Mandeep Auto Industries in the lower half of its industry. The industry median Receivables Turnover is 5.99. Mandeep Auto Industries' value of 2.63 is 56.1% 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 Vehicles & Parts company?
The median Receivables Turnover among Vehicles & Parts companies is 5.99, based on 1,315 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. Mandeep Auto Industries's current Receivables Turnover of 2.63 is 56.1% 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 Mandeep Auto Industries and its competitors. For the Vehicles & Parts industry, the median Receivables Turnover is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mandeep Auto Industries's current Receivables Turnover is 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandeep Auto Industries stock overvalued right now?
Mandeep Auto Industries (NSE:MANDEEP) has a current Receivables Turnover of 2.63. The current Receivables Turnover is 2.63 and 56.1% below the Vehicles & Parts industry median of 5.99. Mandeep Auto Industries' overall GF Score™ is 37/100 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 Mandeep Auto Industries (NSE:MANDEEP), the current Receivables Turnover is 2.63 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.

Mandeep Auto Industries Business Description

Address 30 Feet Road, Sector 53, Plot No. 26, Nangla Gujran, Sarurpur Industrial Area, Faridabad, HR, IND, 121001
Mandeep Auto Industries Ltd is engaged in the manufacturing, assembly, trading, import, export, distribution, franchising, and marketing of a wide range of automobile components and accessories. Its product portfolio comprises gears, transmissions, universal joints, springs, leaves, head lamps, sealed beams, induction hardened pins, axles, alloy springs, accessories, and fittings of all kinds. Additionally, the company also operates as a garage operator and showroom owner for motor vehicles, and acts as a supplier and dealer of petrol, electricity, and other forms of motive power. It also provides support and consulting services within the automotive sector. The company operates in a single business segment, the business of trading in automobile parts.
37GF Score

Get the complete analysis for NSE:MANDEEP

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

₹20.15
Price