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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. Mangal Electrical Industries's Revenue for the
three
months ended in Mar. 2026 was ₹1,794 Mil. Mangal Electrical Industries's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹2,044 Mil.
Hence, Mangal Electrical Industries's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.88.
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.
Mangal Electrical Industries Receivables Turnover Related Terms
Mangal Electrical Industries 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.
NSE:MEIL vs VRT, BE: Receivables Turnover Comparison
For the Electrical Equipment & Parts subindustry, Mangal Electrical Industries'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.
Mangal Electrical Industries Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mangal Electrical Industries's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Mangal Electrical Industries'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.
Mangal Electrical Industries (NSE:MEIL) has a Receivables Turnover of 0.88 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 Mangal Electrical Industries and its competitors. According to the industry distribution chart, Mangal Electrical Industries ranks #2253 out of 3031 companies in the Industrial Products industry, placing it in the top 74.3%.
Is Mangal Electrical Industries' Receivables Turnover too high?
Mangal Electrical Industries' current Receivables Turnover is 0.88. The Industrial Products industry median Receivables Turnover is 4.45. Mangal Electrical Industries' value of 0.88 is 80.2% below this industry median. Based on the distribution chart, Mangal Electrical Industries ranks #2253 out of 3031 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mangal Electrical Industries has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Mangal Electrical Industries' Receivables Turnover compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mangal Electrical Industries ranks #2253 out of 3031 companies for Receivables Turnover. This places Mangal Electrical Industries in the lower half of its industry. The industry median Receivables Turnover is 4.45. Mangal Electrical Industries' value of 0.88 is 80.2% 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 an Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.45, based on 3,031 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. Mangal Electrical Industries's current Receivables Turnover of 0.88 is 80.2% 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 Mangal Electrical Industries and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangal Electrical Industries's current Receivables Turnover is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangal Electrical Industries stock overvalued right now?
Mangal Electrical Industries (NSE:MEIL) has a current Receivables Turnover of 0.88. The current Receivables Turnover is 0.88 and 80.2% below the Industrial Products industry median of 4.45. Mangal Electrical Industries' overall GF Score™ is 19/100 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 Mangal Electrical Industries (NSE:MEIL), the current Receivables Turnover is 0.88 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.
Mangal Electrical Industries Ltd is mainly involved in the manufacturing of electrical transformers, CRGO, electrical accessories, and related items, and also executes EPC contracts involving electrical items. The company specializes in processing transformer components such as transformer laminations, CRGO slit coils, amorphous cores, coil and core assemblies, wound and toroidal cores, and oil-immersed circuit breakers. It also trades in CRGO and CRNO coils and amorphous ribbons. Additionally, the company manufactures transformers and customized products for the power infrastructure industry, with a range spanning from single-phase 5 KVA to three-phase 10 MVA units, and provides EPC services for setting up electrical substations serving the power sector.
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