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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. Paras Defence And Space Technologies's Revenue for the
three
months ended in Mar. 2026 was ₹1,713 Mil. Paras Defence And Space Technologies's average Accounts Receivable for the
three
months ended in Mar. 2026 was ₹3,630 Mil.
Hence, Paras Defence And Space Technologies's Receivables Turnover for the
three
months ended in Mar. 2026 was 0.47.
Paras Defence And Space Technologies (NSE:PARAS) 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.
Paras Defence And Space Technologies Receivables Turnover Related Terms
Paras Defence And Space Technologies 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.
Paras Defence And Space Technologies Receivables Turnover Chart
NSE:PARAS vs SPCX, GE, RTX: Receivables Turnover Comparison
For the Aerospace & Defense subindustry, Paras Defence And Space Technologies'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.
Paras Defence And Space Technologies Receivables Turnover vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Paras Defence And Space Technologies's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Paras Defence And Space Technologies'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.
Paras Defence And Space Technologies (NSE:PARAS) has a Receivables Turnover of 0.47 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 Paras Defence And Space Technologies and its competitors. According to the industry distribution chart, Paras Defence And Space Technologies ranks #304 out of 346 companies in the Aerospace & Defense industry, placing it in the top 87.9%.
Is Paras Defence And Space Technologies' Receivables Turnover too high?
Paras Defence And Space Technologies' current Receivables Turnover is 0.47. The Aerospace & Defense industry median Receivables Turnover is 5.64. Paras Defence And Space Technologies' value of 0.47 is 91.7% below this industry median. Based on the distribution chart, Paras Defence And Space Technologies ranks #304 out of 346 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Paras Defence And Space Technologies has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paras Defence And Space Technologies' Receivables Turnover compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Paras Defence And Space Technologies ranks #304 out of 346 companies for Receivables Turnover. This places Paras Defence And Space Technologies in the lower half of its industry. The industry median Receivables Turnover is 5.64. Paras Defence And Space Technologies' value of 0.47 is 91.7% 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 Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.64, based on 346 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. Paras Defence And Space Technologies's current Receivables Turnover of 0.47 is 91.7% 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 Paras Defence And Space Technologies and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paras Defence And Space Technologies's current Receivables Turnover is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paras Defence And Space Technologies stock overvalued right now?
Based on GuruFocus' analysis, Paras Defence And Space Technologies (NSE:PARAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹845.49, compared to a current price of ₹1,206.60 — trading 42.7% above its estimated fair value. The current Receivables Turnover is 0.47 and 91.7% below the Aerospace & Defense industry median of 5.64. Paras Defence And Space Technologies' overall GF Score™ is 83/100 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 Paras Defence And Space Technologies (NSE:PARAS), the current Receivables Turnover is 0.47 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 Paras Defence And Space Technologies (NSE:PARAS) Overvalued in 2026?
Based on GuruFocus' analysis, Paras Defence And Space Technologies stock appears to be overvalued.
The current stock price of ₹1,206.60 is trading 42.7% above its estimated GF Value™ of ₹845.49.
GuruFocus considers Paras Defence And Space Technologies to be Significantly Overvalued.
Key valuation signals for NSE:PARAS:
Receivables Turnover: 0.47
GF Value™: ₹845.49 vs. price of ₹1,206.60 (42.7% above fair value)
Industry Position: 91.7% below the Aerospace & Defense median (#304 of 346)
No single metric tells the full story. See the NSE:PARAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paras Defence And Space Technologies Business Description
Paras Defence And Space Technologies Ltd is engaged in the designing, developing, manufacturing, and testing of various defense and space engineering products and solutions. The company's product portfolio includes lens barrels, rugged networking and communication equipment, multifold lenses, metal mirrors, submarine winches, and mill grade control systems among others. Its operating segments are; Optics & Optronic Systems; and Defence Engineering. The maximum revenue for the company is derived from its Optics and Optronic Systems segment. Geographically, the firm generates a majority of its revenue from its customers within India and the rest from outside India through exports.
83GF Score
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