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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. Manglam Infra and Engineering's Revenue for the
six
months ended in Mar. 2026 was ₹218.6 Mil. Manglam Infra and Engineering's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹246.8 Mil.
Hence, Manglam Infra and Engineering's Receivables Turnover for the
six
months ended in Mar. 2026 was 0.89.
Manglam Infra and Engineering (NSE:MIEL) 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.
Manglam Infra and Engineering Receivables Turnover Related Terms
Manglam Infra and Engineering 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.
Manglam Infra and Engineering Receivables Turnover Chart
NSE:MIEL vs PWR, FIX, EME: Receivables Turnover Comparison
For the Engineering & Construction subindustry, Manglam Infra and Engineering'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.
Manglam Infra and Engineering Receivables Turnover vs Construction Industry
For the Construction industry and Industrials sector, Manglam Infra and Engineering's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Manglam Infra and Engineering'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.
Manglam Infra and Engineering (NSE:MIEL) has a Receivables Turnover of 0.89 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 Manglam Infra and Engineering and its competitors. According to the industry distribution chart, Manglam Infra and Engineering ranks #1616 out of 1768 companies in the Construction industry, placing it in the top 91.4%.
Is Manglam Infra and Engineering's Receivables Turnover too high?
Manglam Infra and Engineering's current Receivables Turnover is 0.89. The Construction industry median Receivables Turnover is 4.81. Manglam Infra and Engineering's value of 0.89 is 81.5% below this industry median. Based on the distribution chart, Manglam Infra and Engineering ranks #1616 out of 1768 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Manglam Infra and Engineering has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Manglam Infra and Engineering's Receivables Turnover compare to PWR and FIX?
According to the Construction industry distribution chart, Manglam Infra and Engineering ranks #1616 out of 1768 companies for Receivables Turnover. This places Manglam Infra and Engineering in the lower half of its industry. The industry median Receivables Turnover is 4.81. Manglam Infra and Engineering's value of 0.89 is 81.5% 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 Construction company?
The median Receivables Turnover among Construction companies is 4.81, based on 1,768 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. Manglam Infra and Engineering's current Receivables Turnover of 0.89 is 81.5% 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 Manglam Infra and Engineering and its competitors. For the Construction industry, the median Receivables Turnover is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manglam Infra and Engineering's current Receivables Turnover is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manglam Infra and Engineering stock overvalued right now?
Manglam Infra and Engineering (NSE:MIEL) has a current Receivables Turnover of 0.89. The current Receivables Turnover is 0.89 and 81.5% below the Construction industry median of 4.81. Manglam Infra and Engineering's overall GF Score™ is 21/100 with 7 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 Manglam Infra and Engineering (NSE:MIEL), the current Receivables Turnover is 0.89 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.
Manglam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services, which include detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It caters to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana, and the central government.
21GF Score
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