Narmada Agrobase (NSE:NARMADA) Receivables Turnover: 0.96 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NARMADA Narmada Agrobase Ltd NSE:NARMADA
62 GF Score
Price ₹35.75
GF Value ₹11.94
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Narmada Agrobase Receivables Turnover?

Narmada Agrobase NSE:NARMADA -1.87% 62 Receivables Turnover is 0.96 as of Mar. 2026. GuruFocus rates NSE:NARMADA with a GF Score™ of 62/100 and a GF Value™ of ₹11.94 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 245 Agriculture companies, Narmada Agrobase ranks worse than 75.92% 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. Narmada Agrobase's Revenue for the three months ended in Mar. 2026 was ₹340.0 Mil. Narmada Agrobase's average Accounts Receivable for the three months ended in Mar. 2026 was ₹353.7 Mil. Hence, Narmada Agrobase's Receivables Turnover for the three months ended in Mar. 2026 was 0.96.


Narmada Agrobase  (NSE:NARMADA) 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.


Narmada Agrobase Receivables Turnover Related Terms


Narmada Agrobase Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Narmada Agrobase'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.

Narmada Agrobase Receivables Turnover Chart

Narmada Agrobase Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 3.62 3.79 4.06 2.88

Narmada Agrobase Quarterly Data
Mar19 Mar20 Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.54 0.58 0.65 1.17 0.96

NSE:NARMADA vs CTVA, CF, MOS: Receivables Turnover Comparison

For the Agricultural Inputs subindustry, Narmada Agrobase'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.


Narmada Agrobase Receivables Turnover vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Narmada Agrobase's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Narmada Agrobase's Receivables Turnover falls into.


NSE:NARMADA
62GF Score
Narmada Agrobase Ltd NSE:NARMADA
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Narmada Agrobase Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Narmada Agrobase's Receivables Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Receivables Turnover (A: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2026 ) / ((Accounts Receivable (A: Mar. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count )
=783.936 / ((190.578 + 353.699) / 2 )
=783.936 / 272.1385
=2.88

Narmada Agrobase's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=340.047 / ((0 + 353.699) / 1 )
=340.047 / 353.699
=0.96

* 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.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.96 mean?
Narmada Agrobase (NSE:NARMADA) has a Receivables Turnover of 0.96 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 Narmada Agrobase and its competitors. According to the industry distribution chart, Narmada Agrobase ranks #186 out of 245 companies in the Agriculture industry, placing it in the top 75.9%.
Is Narmada Agrobase's Receivables Turnover too high?
Narmada Agrobase's current Receivables Turnover is 0.96. The Agriculture industry median Receivables Turnover is 5.43. Narmada Agrobase's value of 0.96 is 82.3% below this industry median. Based on the distribution chart, Narmada Agrobase ranks #186 out of 245 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Narmada Agrobase has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Agrobase's Receivables Turnover compare to CTVA and CF?
According to the Agriculture industry distribution chart, Narmada Agrobase ranks #186 out of 245 companies for Receivables Turnover. This places Narmada Agrobase in the lower half of its industry. The industry median Receivables Turnover is 5.43. Narmada Agrobase's value of 0.96 is 82.3% 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 Agriculture company?
The median Receivables Turnover among Agriculture companies is 5.43, based on 245 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. Narmada Agrobase's current Receivables Turnover of 0.96 is 82.3% 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 Narmada Agrobase and its competitors. For the Agriculture industry, the median Receivables Turnover is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Agrobase's current Receivables Turnover is 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Agrobase stock overvalued right now?
Based on GuruFocus' analysis, Narmada Agrobase (NSE:NARMADA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.94, compared to a current price of ₹35.75 — trading 199.4% above its estimated fair value. The current Receivables Turnover is 0.96 and 82.3% below the Agriculture industry median of 5.43. Narmada Agrobase's overall GF Score™ is 62/100 with 9 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 Narmada Agrobase (NSE:NARMADA), the current Receivables Turnover is 0.96 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 Narmada Agrobase (NSE:NARMADA) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Agrobase stock appears to be overvalued. The current stock price of ₹35.75 is trading 199.4% above its estimated GF Value™ of ₹11.94. GuruFocus considers Narmada Agrobase to be Significantly Overvalued.

Key valuation signals for NSE:NARMADA:

  • Receivables Turnover: 0.96
  • GF Value™: ₹11.94 vs. price of ₹35.75 (199.4% above fair value)
  • GF Score™: 62/100 with 9 warning signs
  • Industry Position: 82.3% below the Agriculture median (#186 of 245)

No single metric tells the full story. See the NSE:NARMADA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Agrobase Business Description

Other Exchanges 543643:India
Address 401, Silicon Tower, Above Freezeland Restaurant, Law Garden, Navrangpura, Ahmedabad, GJ, IND, 390009
Narmada Agrobase Ltd is engaged in the manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. Its product portfolio includes Cattle Feeds; Cotton Seeds Meal Cake; Cotton Seed Meal Grinder; Delinted Cotton Seeds; Guar Meal; Cotton Linter; and Neem Cake Fertilizer. The company's only operating segment being the manufacturing of delinted cotton seeds.
62GF Score

Get the complete analysis for NSE:NARMADA

Receivables Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹35.75
Price
₹11.94
GF Value