MCON Rasayan India (NSE:MCON) Receivables Turnover: 1.35 (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:MCON MCON Rasayan India Ltd NSE:MCON
68 GF Score
Price ₹44.00
GF Value ₹182.98
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is MCON Rasayan India Receivables Turnover?

MCON Rasayan India NSE:MCON +0.23% 68 Receivables Turnover is 1.35 as of Mar. 2026. GuruFocus rates NSE:MCON with a GF Score™ of 68/100 and a GF Value™ of ₹182.98 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,579 Chemicals companies, MCON Rasayan India ranks worse than 92.72% 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. MCON Rasayan India's Revenue for the six months ended in Mar. 2026 was ₹368.6 Mil. MCON Rasayan India's average Accounts Receivable for the six months ended in Mar. 2026 was ₹273.3 Mil. Hence, MCON Rasayan India's Receivables Turnover for the six months ended in Mar. 2026 was 1.35.


MCON Rasayan India  (NSE:MCON) 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.


MCON Rasayan India Receivables Turnover Related Terms


MCON Rasayan India Receivables Turnover Historical Data

* Premium members only.

The historical data trend for MCON Rasayan 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.

MCON Rasayan India Receivables Turnover Chart

MCON Rasayan India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial 4.38 4.02 3.09 2.56 2.51

MCON Rasayan India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.71 1.27 1.29 1.19 1.35

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

For the Specialty Chemicals subindustry, MCON Rasayan 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.


MCON Rasayan India Receivables Turnover vs Chemicals Industry

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

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


NSE:MCON
68GF Score
MCON Rasayan India Ltd NSE:MCON
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MCON Rasayan India Receivables Turnover Calculation

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

MCON Rasayan 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 )
=652.416 / ((225.873 + 294.818) / 2 )
=652.416 / 260.3455
=2.51

MCON Rasayan 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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=368.614 / ((251.735 + 294.818) / 2 )
=368.614 / 273.2765
=1.35

* 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 1.35 mean?
MCON Rasayan India (NSE:MCON) has a Receivables Turnover of 1.35 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 MCON Rasayan India and its competitors. According to the industry distribution chart, MCON Rasayan India ranks #1464 out of 1579 companies in the Chemicals industry, placing it in the top 92.7%.
Is MCON Rasayan India's Receivables Turnover too high?
MCON Rasayan India's current Receivables Turnover is 1.35. The Chemicals industry median Receivables Turnover is 5.60. MCON Rasayan India's value of 1.35 is 75.9% below this industry median. Based on the distribution chart, MCON Rasayan India ranks #1464 out of 1579 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, MCON Rasayan India has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MCON Rasayan India's Receivables Turnover compare to LIN and SHW?
According to the Chemicals industry distribution chart, MCON Rasayan India ranks #1464 out of 1579 companies for Receivables Turnover. This places MCON Rasayan India in the lower half of its industry. The industry median Receivables Turnover is 5.60. MCON Rasayan India's value of 1.35 is 75.9% 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 5.60, based on 1,579 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. MCON Rasayan India's current Receivables Turnover of 1.35 is 75.9% 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 MCON Rasayan India and its competitors. For the Chemicals industry, the median Receivables Turnover is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MCON Rasayan India's current Receivables Turnover is 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MCON Rasayan India stock overvalued right now?
Based on GuruFocus' analysis, MCON Rasayan India (NSE:MCON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹182.98, compared to a current price of ₹44.00 — trading 76% below its estimated fair value. The current Receivables Turnover is 1.35 and 75.9% below the Chemicals industry median of 5.60. MCON Rasayan India's overall GF Score™ is 68/100 with 5 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 MCON Rasayan India (NSE:MCON), the current Receivables Turnover is 1.35 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 MCON Rasayan India (NSE:MCON) Overvalued in 2026?

Based on GuruFocus' analysis, MCON Rasayan India stock appears to be undervalued. The current stock price of ₹44.00 is trading 76% below its estimated GF Value™ of ₹182.98. GuruFocus considers MCON Rasayan India to be Significantly Undervalued.

Key valuation signals for NSE:MCON:

  • Receivables Turnover: 1.35
  • GF Value™: ₹182.98 vs. price of ₹44.00 (76% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 75.9% below the Chemicals median (#1464 of 1579)

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


MCON Rasayan India Business Description

Address Bandiwali Hill Road, Gala No. 6, Bardanwala Estate, Near Dutt Mandir, Jogeshwari West, Mumbai, MH, IND, 400102
MCON Rasayan India Ltd is engaged mainly in the business of manufacturing and selling modern building materials and construction chemicals. Its product offerings include waterproofing chemicals, wall finishes and paints (acrylic putty, distemper, emulsion, etc.), tile adhesives and grout, sealant, ready-mix mortar, protective coating chemicals, concrete repair and flooring chemicals, admixtures, etc.
68GF Score

Get the complete analysis for NSE:MCON

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

₹44.00
Price
₹182.98
GF Value