Mangalam Organics (NSE:MANORG) Receivables Turnover: 3.05 (As of Jun. 2026)

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NSE:MANORG Mangalam Organics Ltd NSE:MANORG
79 GF Score
Price ₹443.80
GF Value ₹559.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Mangalam Organics Receivables Turnover?

Mangalam Organics NSE:MANORG -0.86% 79 Receivables Turnover is 3.05 as of Jun. 2026. GuruFocus rates NSE:MANORG with a GF Score™ of 79/100 and a GF Value™ of ₹559.88 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,580 Chemicals companies, Mangalam Organics ranks better than 79.94% 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. Mangalam Organics's Revenue for the three months ended in Jun. 2026 was ₹1,791 Mil. Mangalam Organics's average Accounts Receivable for the three months ended in Jun. 2026 was ₹587 Mil. Hence, Mangalam Organics's Receivables Turnover for the three months ended in Jun. 2026 was 3.05.


Mangalam Organics  (NSE:MANORG) 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.


Mangalam Organics Receivables Turnover Related Terms


Mangalam Organics Receivables Turnover Historical Data

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The historical data trend for Mangalam Organics'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.

Mangalam Organics Receivables Turnover Chart

Mangalam Organics 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 12.50 10.76 9.54 8.45 9.72

Mangalam Organics 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 2.11 2.02 2.10 2.62 3.05

NSE:MANORG vs LIN, SHW, ECL: Receivables Turnover Comparison

For the Specialty Chemicals subindustry, Mangalam Organics'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.


Mangalam Organics Receivables Turnover vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mangalam Organics's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Mangalam Organics's Receivables Turnover falls into.


NSE:MANORG
79GF Score
Mangalam Organics Ltd NSE:MANORG
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Organics Receivables Turnover Calculation

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

Mangalam Organics'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 )
=6225.716 / ((693.833 + 587.278) / 2 )
=6225.716 / 640.5555
=9.72

Mangalam Organics'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 )
=1790.924 / ((587.278 + 0) / 1 )
=1790.924 / 587.278
=3.05

* 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 3.05 mean?
Mangalam Organics (NSE:MANORG) has a Receivables Turnover of 3.05 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 Mangalam Organics and its competitors. According to the industry distribution chart, Mangalam Organics ranks #317 out of 1580 companies in the Chemicals industry, placing it in the top 20.1%.
Is Mangalam Organics' Receivables Turnover too high?
Mangalam Organics' current Receivables Turnover is 3.05. The Chemicals industry median Receivables Turnover is 5.64. Mangalam Organics' value of 3.05 is 45.9% below this industry median. Based on the distribution chart, Mangalam Organics ranks #317 out of 1580 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Mangalam Organics has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mangalam Organics' Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mangalam Organics ranks #317 out of 1580 companies for Receivables Turnover. This places Mangalam Organics in the top 20% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.64. Mangalam Organics' value of 3.05 is 45.9% 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 Chemicals company?
The median Receivables Turnover among Chemicals companies is 5.64, based on 1,580 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. Mangalam Organics's current Receivables Turnover of 3.05 is 45.9% 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 Mangalam Organics and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Organics's current Receivables Turnover is 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Organics stock overvalued right now?
Based on GuruFocus' analysis, Mangalam Organics (NSE:MANORG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹559.88, compared to a current price of ₹443.80 — trading 20.7% below its estimated fair value. The current Receivables Turnover is 3.05 and 45.9% below the Chemicals industry median of 5.64. Mangalam Organics' overall GF Score™ is 79/100 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 Mangalam Organics (NSE:MANORG), the current Receivables Turnover is 3.05 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 Mangalam Organics (NSE:MANORG) Overvalued in 2026?

Based on GuruFocus' analysis, Mangalam Organics stock appears to be undervalued. The current stock price of ₹443.80 is trading 20.7% below its estimated GF Value™ of ₹559.88. GuruFocus considers Mangalam Organics to be Modestly Undervalued.

Key valuation signals for NSE:MANORG:

  • Receivables Turnover: 3.05
  • GF Value™: ₹559.88 vs. price of ₹443.80 (20.7% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 45.9% below the Chemicals median (#317 of 1580)

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


Mangalam Organics Business Description

Other Exchanges 514418:India
Address Free Press Journal Marg, 812/813, Tulsiani Chamber, 212, Nariman Point, Mumbai, MH, IND, 400 021
Mangalam Organics Ltd is an India-based company involved in manufacturing chemicals. It is engaged in manufacturing Camphor, Resin, and Sodium Acetate. It has Terpenes and Synthetic Resins as a primary segment, which falls under a single segment of chemicals. Its production unit is located in Kumbhivali, Maharashtra state, India. The terpene products segment, which generates a vast majority of the revenue, includes Camphor technical, Camphene, Isobornyl acetate, Isoborneol, Dipentene, Camphor oil, Pine tar, Pine oil among others. Its resin products include Penta ester gum, Glycerol ester gum, and Gum rosin among others.
79GF Score

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

₹443.80
Price
₹559.88
GF Value