Patel Retail (NSE:PATELRMART) Receivables Turnover: 2.06 (As of Mar. 2026)

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NSE:PATELRMART Patel Retail Ltd NSE:PATELRMART
17 GF Score
Price ₹220.35
! 3 Warning Signs
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What is Patel Retail Receivables Turnover?

Patel Retail NSE:PATELRMART -0.30% 17 Receivables Turnover is 2.06 as of Mar. 2026. GuruFocus rates NSE:PATELRMART with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,108 Retail - Cyclical companies, Patel Retail ranks worse than 81.23% 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. Patel Retail's Revenue for the three months ended in Mar. 2026 was ₹3,342 Mil. Patel Retail's average Accounts Receivable for the three months ended in Mar. 2026 was ₹1,619 Mil. Hence, Patel Retail's Receivables Turnover for the three months ended in Mar. 2026 was 2.06.


Patel Retail  (NSE:PATELRMART) 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.


Patel Retail Receivables Turnover Related Terms


Patel Retail Receivables Turnover Historical Data

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The historical data trend for Patel Retail'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.

Patel Retail Receivables Turnover Chart

Patel Retail Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Receivables Turnover
9.73 8.03 7.42 7.32

Patel Retail Quarterly Data
Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Receivables Turnover Get a 7-Day Free Trial 0.00 1.76 1.76 2.42 2.06

NSE:PATELRMART vs DDS, M: Receivables Turnover Comparison

For the Department Stores subindustry, Patel Retail'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.


Patel Retail Receivables Turnover vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Patel Retail's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Patel Retail's Receivables Turnover falls into.


NSE:PATELRMART
17GF Score
Patel Retail Ltd NSE:PATELRMART
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Patel Retail Receivables Turnover Calculation

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

Patel Retail'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 )
=10483.293 / ((1246.444 + 1619.49) / 2 )
=10483.293 / 1432.967
=7.32

Patel Retail'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 )
=3341.616 / ((0 + 1619.49) / 1 )
=3341.616 / 1619.49
=2.06

* 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 2.06 mean?
Patel Retail (NSE:PATELRMART) has a Receivables Turnover of 2.06 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 Patel Retail and its competitors. According to the industry distribution chart, Patel Retail ranks #900 out of 1108 companies in the Retail - Cyclical industry, placing it in the top 81.2%.
Is Patel Retail's Receivables Turnover too high?
Patel Retail's current Receivables Turnover is 2.06. The Retail - Cyclical industry median Receivables Turnover is 19.57. Patel Retail's value of 2.06 is 89.5% below this industry median. Based on the distribution chart, Patel Retail ranks #900 out of 1108 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Patel Retail has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Patel Retail's Receivables Turnover compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Patel Retail ranks #900 out of 1108 companies for Receivables Turnover. This places Patel Retail in the lower half of its industry. The industry median Receivables Turnover is 19.57. Patel Retail's value of 2.06 is 89.5% 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 Retail - Cyclical company?
The median Receivables Turnover among Retail - Cyclical companies is 19.57, based on 1,108 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. Patel Retail's current Receivables Turnover of 2.06 is 89.5% 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 Patel Retail and its competitors. For the Retail - Cyclical industry, the median Receivables Turnover is 19.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Retail's current Receivables Turnover is 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Retail stock overvalued right now?
Patel Retail (NSE:PATELRMART) has a current Receivables Turnover of 2.06. The current Receivables Turnover is 2.06 and 89.5% below the Retail - Cyclical industry median of 19.57. Patel Retail's overall GF Score™ is 17/100 with 3 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 Patel Retail (NSE:PATELRMART), the current Receivables Turnover is 2.06 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.

Patel Retail Business Description

Other Exchanges 544487:India
Address Plot No. M-2, Anand Nagar, Additional MIDC, Ambernath East, Ambernath, MH, IND, 421506
Patel Retail Ltd is engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on value retail, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family. Its operations are spread across the suburban area of Thane and Raigad district in Maharashtra. The company operates and manages approximately forty three (43) stores, with a Retail Business Area25 of approx. 1,78,946 square feet.
17GF Score

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