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Munish ForgeNSE:MUNISH -1.43%13 Receivables Turnover is 2.99 as of Mar. 2026. GuruFocus rates NSE:MUNISH with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 3,031 Industrial Products companies, Munish Forge ranks worse than 75.12% 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. Munish Forge's Revenue for the
six
months ended in Mar. 2026 was ₹1,001 Mil. Munish Forge's average Accounts Receivable for the
six
months ended in Mar. 2026 was ₹335 Mil.
Hence, Munish Forge's Receivables Turnover for the
six
months ended in Mar. 2026 was 2.99.
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.
Munish Forge Receivables Turnover Related Terms
Munish Forge Receivables Turnover Historical Data
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The historical data trend for Munish Forge'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.
Munish Forge Receivables Turnover Chart
Munish Forge Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Receivables Turnover
5.28
7.06
7.55
7.71
5.45
Munish Forge Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Receivables Turnover
0.00
0.00
0.00
3.98
2.99
NSE:MUNISH vs CRS, ATI, MLI: Receivables Turnover Comparison
For the Metal Fabrication subindustry, Munish Forge'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.
Munish Forge Receivables Turnover vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Munish Forge's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Munish Forge'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.
Munish Forge (NSE:MUNISH) has a Receivables Turnover of 2.99 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 Munish Forge and its competitors. According to the industry distribution chart, Munish Forge ranks #2277 out of 3031 companies in the Industrial Products industry, placing it in the top 75.1%.
Is Munish Forge's Receivables Turnover too high?
Munish Forge's current Receivables Turnover is 2.99. The Industrial Products industry median Receivables Turnover is 4.49. Munish Forge's value of 2.99 is 33.4% below this industry median. Based on the distribution chart, Munish Forge ranks #2277 out of 3031 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Munish Forge has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Munish Forge's Receivables Turnover compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Munish Forge ranks #2277 out of 3031 companies for Receivables Turnover. This places Munish Forge in the lower half of its industry. The industry median Receivables Turnover is 4.49. Munish Forge's value of 2.99 is 33.4% 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 4.49, 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. Munish Forge's current Receivables Turnover of 2.99 is 33.4% 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 Munish Forge and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Munish Forge's current Receivables Turnover is 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munish Forge stock overvalued right now?
Munish Forge (NSE:MUNISH) has a current Receivables Turnover of 2.99. The current Receivables Turnover is 2.99 and 33.4% below the Industrial Products industry median of 4.49. Munish Forge's overall GF Score™ is 13/100 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 Munish Forge (NSE:MUNISH), the current Receivables Turnover is 2.99 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.
Munish Forge Ltd is a manufacturer in the forging and casting industry, specializing in manufacturing premium forged and cast components. It manufactures components like Flange, Scaffolding, Auto parts, Tank tracks chains, Bomb shells, Fence post and steel accessories as per customer specifications and International Standard catering to the requirements of Indian Army and various industries such as Defence, Oil and Gas, Automobile, Construction and Infrastructure.
13GF Score
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