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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. Multi Commodity Exchange of India's Revenue for the
three
months ended in Mar. 2026 was ₹8,889 Mil. Multi Commodity Exchange of India's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹640 Mil.
Hence, Multi Commodity Exchange of India's Receivables Turnover for the
three
months ended in Mar. 2026 was 13.89.
Multi Commodity Exchange of India (NSE:MCX) 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.
Multi Commodity Exchange of India Receivables Turnover Related Terms
Multi Commodity Exchange of India Receivables Turnover Historical Data
* 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.
Multi Commodity Exchange of India Receivables Turnover Chart
NSE:MCX vs SPGI, CME, ICE: Receivables Turnover Comparison
For the Financial Data & Stock Exchanges subindustry, Multi Commodity Exchange of 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.
Multi Commodity Exchange of India Receivables Turnover vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Multi Commodity Exchange of India's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Multi Commodity Exchange of India'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.
Multi Commodity Exchange of India (NSE:MCX) has a Receivables Turnover of 13.89 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 Multi Commodity Exchange of India and its competitors. According to the industry distribution chart, Multi Commodity Exchange of India ranks #81 out of 577 companies in the Capital Markets industry, placing it in the top 14%.
Is Multi Commodity Exchange of India's Receivables Turnover too high?
Multi Commodity Exchange of India's current Receivables Turnover is 13.89. The Capital Markets industry median Receivables Turnover is 6.76. Multi Commodity Exchange of India's value of 13.89 is 105.5% above this industry median. Based on the distribution chart, Multi Commodity Exchange of India ranks #81 out of 577 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Multi Commodity Exchange of India has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multi Commodity Exchange of India's Receivables Turnover compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Multi Commodity Exchange of India ranks #81 out of 577 companies for Receivables Turnover. This places Multi Commodity Exchange of India in the top 14% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.76. Multi Commodity Exchange of India's value of 13.89 is 105.5% 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 a Capital Markets company?
The median Receivables Turnover among Capital Markets companies is 6.76, based on 577 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. Multi Commodity Exchange of India's current Receivables Turnover of 13.89 is 105.5% 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 Multi Commodity Exchange of India and its competitors. For the Capital Markets industry, the median Receivables Turnover is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multi Commodity Exchange of India's current Receivables Turnover is 13.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multi Commodity Exchange of India stock overvalued right now?
Based on GuruFocus' analysis, Multi Commodity Exchange of India (NSE:MCX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹3,393.16, compared to a current price of ₹2,692.20 — trading 20.7% below its estimated fair value. The current Receivables Turnover is 13.89 and 105.5% above the Capital Markets industry median of 6.76. Multi Commodity Exchange of India's overall GF Score™ is 96/100. 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 Multi Commodity Exchange of India (NSE:MCX), the current Receivables Turnover is 13.89 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 Multi Commodity Exchange of India (NSE:MCX) Overvalued in 2026?
Based on GuruFocus' analysis, Multi Commodity Exchange of India stock appears to be undervalued.
The current stock price of ₹2,692.20 is trading 20.7% below its estimated GF Value™ of ₹3,393.16.
GuruFocus considers Multi Commodity Exchange of India to be Modestly Undervalued.
Key valuation signals for NSE:MCX:
Receivables Turnover: 13.89
GF Value™: ₹3,393.16 vs. price of ₹2,692.20 (20.7% below fair value)
Industry Position: 105.5% above the Capital Markets median (#81 of 577)
No single metric tells the full story. See the NSE:MCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multi Commodity Exchange of India Ltd is an India-based deemed Stock Exchange recognized under the Securities Contracts (Regulation) Act, 1956. The company facilitates online trading, and clearing and settlement of commodity futures transactions, thereby providing a platform for risk management. The company is a demutualized Exchange and has permanent recognition from the Government of India to facilitate nationwide online trading, clearing, and settlement operations of commodity derivatives. The company derives its revenues from transaction fees, admission fees, annual subscription fees, terminal charges, connectivity income, interest income, dividends from and gains on the sale of investments and other miscellaneous income.
96GF Score
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