Manugraph India (NSE:MANUGRAPH) Receivables Turnover: 20.21 (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:MANUGRAPH Manugraph India Ltd NSE:MANUGRAPH
60 GF Score
Price ₹15.59
GF Value ₹26.46
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Manugraph India Receivables Turnover?

Manugraph India NSE:MANUGRAPH -3.71% 60 Receivables Turnover is 20.21 as of Mar. 2026. GuruFocus rates NSE:MANUGRAPH with a GF Score™ of 60/100 and a GF Value™ of ₹26.46 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 3,034 Industrial Products companies, Manugraph India ranks better than 98.91% 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. Manugraph India's Revenue for the three months ended in Mar. 2026 was ₹250.9 Mil. Manugraph India's average Accounts Receivable for the three months ended in Mar. 2026 was ₹12.4 Mil. Hence, Manugraph India's Receivables Turnover for the three months ended in Mar. 2026 was 20.21.


Manugraph India  (NSE:MANUGRAPH) 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.


Manugraph India Receivables Turnover Related Terms


Manugraph India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Manugraph India'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.

Manugraph India Receivables Turnover Chart

Manugraph India 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 19.52 43.43 33.80 15.50 23.45

Manugraph India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 4.66 5.28 12.26 15.27 20.21

NSE:MANUGRAPH vs GEV, ETN, PH: Receivables Turnover Comparison

For the Specialty Industrial Machinery subindustry, Manugraph India'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.


Manugraph India Receivables Turnover vs Industrial Products Industry

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

* The bar in red indicates where Manugraph India's Receivables Turnover falls into.


NSE:MANUGRAPH
60GF Score
Manugraph India Ltd NSE:MANUGRAPH
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manugraph India Receivables Turnover Calculation

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

Manugraph India'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 )
=848.815 / ((59.978 + 12.41) / 2 )
=848.815 / 36.194
=23.45

Manugraph India'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 )
=250.863 / ((0 + 12.41) / 1 )
=250.863 / 12.41
=20.21

* 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 20.21 mean?
Manugraph India (NSE:MANUGRAPH) has a Receivables Turnover of 20.21 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 Manugraph India and its competitors. According to the industry distribution chart, Manugraph India ranks #33 out of 3034 companies in the Industrial Products industry, placing it in the top 1.1%.
Is Manugraph India's Receivables Turnover too high?
Manugraph India's current Receivables Turnover is 20.21. The Industrial Products industry median Receivables Turnover is 4.50. Manugraph India's value of 20.21 is 349.6% above this industry median. Based on the distribution chart, Manugraph India ranks #33 out of 3034 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Manugraph India has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Manugraph India's Receivables Turnover compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Manugraph India ranks #33 out of 3034 companies for Receivables Turnover. This places Manugraph India in the top 1% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 4.50. Manugraph India's value of 20.21 is 349.6% 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 4.50, based on 3,034 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. Manugraph India's current Receivables Turnover of 20.21 is 349.6% 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 Manugraph India and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manugraph India's current Receivables Turnover is 20.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manugraph India stock overvalued right now?
Based on GuruFocus' analysis, Manugraph India (NSE:MANUGRAPH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹26.46, compared to a current price of ₹15.59 — trading 41.1% below its estimated fair value. The current Receivables Turnover is 20.21 and 349.6% above the Industrial Products industry median of 4.50. Manugraph India's overall GF Score™ is 60/100 with 2 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 Manugraph India (NSE:MANUGRAPH), the current Receivables Turnover is 20.21 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.

Is Manugraph India (NSE:MANUGRAPH) Overvalued in 2026?

Based on GuruFocus' analysis, Manugraph India stock appears to be undervalued. The current stock price of ₹15.59 is trading 41.1% below its estimated GF Value™ of ₹26.46. GuruFocus considers Manugraph India to be Possible Value Trap.

Key valuation signals for NSE:MANUGRAPH:

  • Receivables Turnover: 20.21
  • GF Value™: ₹26.46 vs. price of ₹15.59 (41.1% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 349.6% above the Industrial Products median (#33 of 3034)

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


Manugraph India Business Description

Other Exchanges 505324:India
Address N.A. Sawant Marg, 2nd Floor, Sidhwa House, Colaba, Mumbai, MH, IND, 400 005
Manugraph India Ltd is engaged in the manufacturing and distribution of web offset presses and printing machinery. The company's product portfolio includes products like SMARTLINE, DREAMLINE, FRONTLINE, HILINE, HILINE EXPRESS, 430 MAX, M360, M360-BK, CITYLINE EXPRESS F-1270, F-233, F-1240, F-222, and F-122. The company has one operating segment, which is the Engineering segment. The majority of its revenue comes from the Indian market, while it has a presence outside India as well.
60GF Score

Get the complete analysis for NSE:MANUGRAPH

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

₹15.59
Price
₹26.46
GF Value