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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. Max Healthcare Institute's Revenue for the
three
months ended in Jun. 2026 was ₹23,662 Mil. Max Healthcare Institute's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹9,698 Mil.
Hence, Max Healthcare Institute's Receivables Turnover for the
three
months ended in Jun. 2026 was 2.44.
Max Healthcare Institute (NSE:MAXHEALTH) 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.
Max Healthcare Institute Receivables Turnover Related Terms
Max Healthcare Institute Receivables Turnover Historical Data
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The historical data trend for Max Healthcare Institute'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.
Max Healthcare Institute Receivables Turnover Chart
NSE:MAXHEALTH vs HCA, THC, EHC: Receivables Turnover Comparison
For the Medical Care Facilities subindustry, Max Healthcare Institute'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.
Max Healthcare Institute Receivables Turnover vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Max Healthcare Institute's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Max Healthcare Institute's Receivables Turnover falls into.
* 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.
Max Healthcare Institute (NSE:MAXHEALTH) has a Receivables Turnover of 2.44 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 Max Healthcare Institute and its competitors. According to the industry distribution chart, Max Healthcare Institute ranks #261 out of 659 companies in the Healthcare Providers & Services industry, placing it in the top 39.6%.
Is Max Healthcare Institute's Receivables Turnover too high?
Max Healthcare Institute's current Receivables Turnover is 2.44. The Healthcare Providers & Services industry median Receivables Turnover is 7.96. Max Healthcare Institute's value of 2.44 is 69.3% below this industry median. Based on the distribution chart, Max Healthcare Institute ranks #261 out of 659 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Max Healthcare Institute has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Max Healthcare Institute's Receivables Turnover compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Max Healthcare Institute ranks #261 out of 659 companies for Receivables Turnover. This puts Max Healthcare Institute in the upper half of its industry. The industry median Receivables Turnover is 7.96. Max Healthcare Institute's value of 2.44 is 69.3% 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 7.96, based on 659 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. Max Healthcare Institute's current Receivables Turnover of 2.44 is 69.3% 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 Max Healthcare Institute and its competitors. For the Healthcare Providers & Services industry, the median Receivables Turnover is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Max Healthcare Institute's current Receivables Turnover is 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Healthcare Institute stock overvalued right now?
Based on GuruFocus' analysis, Max Healthcare Institute (NSE:MAXHEALTH) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,461.60, compared to a current price of ₹993.00 — trading 32.1% below its estimated fair value. The current Receivables Turnover is 2.44 and 69.3% below the Healthcare Providers & Services industry median of 7.96. Max Healthcare Institute's overall GF Score™ is 92/100 with 1 warning sign 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 Max Healthcare Institute (NSE:MAXHEALTH), the current Receivables Turnover is 2.44 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 Max Healthcare Institute (NSE:MAXHEALTH) Overvalued in 2026?
Based on GuruFocus' analysis, Max Healthcare Institute stock appears to be undervalued.
The current stock price of ₹993.00 is trading 32.1% below its estimated GF Value™ of ₹1,461.60.
GuruFocus considers Max Healthcare Institute to be Significantly Undervalued.
Key valuation signals for NSE:MAXHEALTH:
Receivables Turnover: 2.44
GF Value™: ₹1,461.60 vs. price of ₹993.00 (32.1% below fair value)
Industry Position: 69.3% below the Healthcare Providers & Services median (#261 of 659)
No single metric tells the full story. See the NSE:MAXHEALTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Max Healthcare Institute Ltd is a health care service provider. The company's facilities include third-party healthcare providers with whom the company has entered long-term service contracts for providing clinical, radiology, and pathology services. Its hospitals provide the full range of services through its Outpatient, Day Care, Emergency Room, and In-Patient departments to accommodate medical specialties such as orthopedics, internal medicine, general surgery, cardiac sciences, oncology, neurosciences, and obstetrics, as well as diagnostics. The group derives revenue from India.
92GF Score
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