Onyx Biotec (NSE:ONYX) Receivables Turnover: 1.28 (As of Mar. 2026)

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NSE:ONYX Onyx Biotec Ltd NSE:ONYX
13 GF Score
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! 6 Warning Signs
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What is Onyx Biotec Receivables Turnover?

Onyx Biotec NSE:ONYX -4.34% 13 Receivables Turnover is 1.28 as of Mar. 2026. GuruFocus rates NSE:ONYX with a GF Score™ of 13/100. The stock has 6 warning signs investors should review. Among 812 Medical Devices & Instruments companies, Onyx Biotec ranks worse than 86.45% 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. Onyx Biotec's Revenue for the six months ended in Mar. 2026 was ₹348.8 Mil. Onyx Biotec's average Accounts Receivable for the six months ended in Mar. 2026 was ₹271.5 Mil. Hence, Onyx Biotec's Receivables Turnover for the six months ended in Mar. 2026 was 1.28.


Onyx Biotec  (NSE:ONYX) 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.


Onyx Biotec Receivables Turnover Related Terms


Onyx Biotec Receivables Turnover Historical Data

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The historical data trend for Onyx Biotec'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.

Onyx Biotec Receivables Turnover Chart

Onyx Biotec Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Receivables Turnover
5.33 5.85 5.26 3.48 2.91

Onyx Biotec Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 1.96 1.57 1.47 1.28

NSE:ONYX vs ISRG, BDX, MDLN: Receivables Turnover Comparison

For the Medical Instruments & Supplies subindustry, Onyx Biotec'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.


Onyx Biotec Receivables Turnover vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Onyx Biotec's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Onyx Biotec's Receivables Turnover falls into.


NSE:ONYX
13GF Score
Onyx Biotec Ltd NSE:ONYX
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Onyx Biotec Receivables Turnover Calculation

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

Onyx Biotec'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 )
=694.694 / ((202.324 + 274.981) / 2 )
=694.694 / 238.6525
=2.91

Onyx Biotec'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: Sep. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=348.844 / ((268.043 + 274.981) / 2 )
=348.844 / 271.512
=1.28

* 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 1.28 mean?
Onyx Biotec (NSE:ONYX) has a Receivables Turnover of 1.28 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 Onyx Biotec and its competitors. According to the industry distribution chart, Onyx Biotec ranks #702 out of 812 companies in the Medical Devices & Instruments industry, placing it in the top 86.5%.
Is Onyx Biotec's Receivables Turnover too high?
Onyx Biotec's current Receivables Turnover is 1.28. The Medical Devices & Instruments industry median Receivables Turnover is 5.51. Onyx Biotec's value of 1.28 is 76.8% below this industry median. Based on the distribution chart, Onyx Biotec ranks #702 out of 812 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Onyx Biotec has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Onyx Biotec's Receivables Turnover compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Onyx Biotec ranks #702 out of 812 companies for Receivables Turnover. This places Onyx Biotec in the lower half of its industry. The industry median Receivables Turnover is 5.51. Onyx Biotec's value of 1.28 is 76.8% 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 Medical Devices & Instruments company?
The median Receivables Turnover among Medical Devices & Instruments companies is 5.51, based on 812 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. Onyx Biotec's current Receivables Turnover of 1.28 is 76.8% 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 Onyx Biotec and its competitors. For the Medical Devices & Instruments industry, the median Receivables Turnover is 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onyx Biotec's current Receivables Turnover is 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onyx Biotec stock overvalued right now?
Onyx Biotec (NSE:ONYX) has a current Receivables Turnover of 1.28. The current Receivables Turnover is 1.28 and 76.8% below the Medical Devices & Instruments industry median of 5.51. Onyx Biotec's overall GF Score™ is 13/100 with 6 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 Onyx Biotec (NSE:ONYX), the current Receivables Turnover is 1.28 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.

Onyx Biotec Business Description

Address Nalagarh Road, Near Sainimajraropar, Village Bir Plassi, Solan, HP, IND, 174101
Onyx Biotec Ltd is engaged in healthcare segment and offering Sterile Pharmaceutical products ,and acts as a pharmaceutical contract manufacturer. It offering products such as Sterile Water for Injections, Dry Powder Injections and Dry Syrup for India and overseas. Key revenue is generated from Sterile Water for Injections .
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