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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. Modis Navnirman's Revenue for the
three
months ended in Jun. 2026 was ₹583 Mil. Modis Navnirman's average Accounts Receivable for the
three
months ended in Jun. 2026 was ₹88 Mil.
Hence, Modis Navnirman's Receivables Turnover for the
three
months ended in Jun. 2026 was 6.62.
Modis Navnirman (NSE:MODIS) 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.
Modis Navnirman Receivables Turnover Related Terms
Modis Navnirman Receivables Turnover Historical Data
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The historical data trend for Modis Navnirman'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.
Modis Navnirman Receivables Turnover Competitor Comparison
For the Real Estate - Development subindustry, Modis Navnirman'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.
Modis Navnirman Receivables Turnover vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Modis Navnirman's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Modis Navnirman'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.
Modis Navnirman (NSE:MODIS) has a Receivables Turnover of 6.62 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 Modis Navnirman and its competitors. According to the industry distribution chart, Modis Navnirman ranks #625 out of 1670 companies in the Real Estate industry, placing it in the top 37.4%.
Is Modis Navnirman's Receivables Turnover too high?
Modis Navnirman's current Receivables Turnover is 6.62. The Real Estate industry median Receivables Turnover is 10.61. Modis Navnirman's value of 6.62 is 37.6% below this industry median. Based on the distribution chart, Modis Navnirman ranks #625 out of 1670 companies in the Real Estate industry, which is above the industry midpoint. Overall, Modis Navnirman has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modis Navnirman's Receivables Turnover compare to competitors?
According to the Real Estate industry distribution chart, Modis Navnirman ranks #625 out of 1670 companies for Receivables Turnover. This puts Modis Navnirman in the upper half of its industry. The industry median Receivables Turnover is 10.61. Modis Navnirman's value of 6.62 is 37.6% 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 Real Estate company?
The median Receivables Turnover among Real Estate companies is 10.61, based on 1,670 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. Modis Navnirman's current Receivables Turnover of 6.62 is 37.6% 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 Modis Navnirman and its competitors. For the Real Estate industry, the median Receivables Turnover is 10.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modis Navnirman's current Receivables Turnover is 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modis Navnirman stock overvalued right now?
Based on GuruFocus' analysis, Modis Navnirman (NSE:MODIS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹797.36, compared to a current price of ₹408.80 — trading 48.7% below its estimated fair value. The current Receivables Turnover is 6.62 and 37.6% below the Real Estate industry median of 10.61. Modis Navnirman's overall GF Score™ is 67/100 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 Modis Navnirman (NSE:MODIS), the current Receivables Turnover is 6.62 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 Modis Navnirman (NSE:MODIS) Overvalued in 2026?
Based on GuruFocus' analysis, Modis Navnirman stock appears to be undervalued.
The current stock price of ₹408.80 is trading 48.7% below its estimated GF Value™ of ₹797.36.
GuruFocus considers Modis Navnirman to be Possible Value Trap.
Key valuation signals for NSE:MODIS:
Receivables Turnover: 6.62
GF Value™: ₹797.36 vs. price of ₹408.80 (48.7% below fair value)
Industry Position: 37.6% below the Real Estate median (#625 of 1670)
No single metric tells the full story. See the NSE:MODIS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Modis Navnirman Ltd is engaged in the real estate sector. It focuses on the mid-market and affordable housing categories as its target segment within the residential housing market. The company's projects are located in the western suburbs of Mumbai specifically in and around the areas of Borivali, Kandivali, Malad and Goregaon. The company projects are Rashmi Enclave, Rashmi Jewel, Rashmi Terrace and others.
67GF Score
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