Perfect Infraengineers (NSE:PERFECT) Receivables Turnover: 0.26 (As of Mar. 2024)


NSE:PERFECT Perfect Infraengineers Ltd NSE:PERFECT
4 GF Score
Price ₹8.10
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What is Perfect Infraengineers Receivables Turnover?

Perfect Infraengineers NSE:PERFECT 4 Receivables Turnover is 0.26 as of Mar. 2024. GuruFocus rates NSE:PERFECT with a GF Score™ of 4/100.

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. Perfect Infraengineers's Revenue for the six months ended in Mar. 2024 was ₹24.97 Mil. Perfect Infraengineers's average Accounts Receivable for the six months ended in Mar. 2024 was ₹94.75 Mil. Hence, Perfect Infraengineers's Receivables Turnover for the six months ended in Mar. 2024 was 0.26.


Perfect Infraengineers  (NSE:PERFECT) 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.


Perfect Infraengineers Receivables Turnover Related Terms


Perfect Infraengineers Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Perfect Infraengineers'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.

Perfect Infraengineers Receivables Turnover Chart

Perfect Infraengineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.14 0.56 1.02 0.60

Perfect Infraengineers Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.36 0.54 0.75 0.40 0.26

NSE:PERFECT vs FSLR, NXT, ENPH: Receivables Turnover Comparison

For the Solar subindustry, Perfect Infraengineers'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.


Perfect Infraengineers Receivables Turnover vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Perfect Infraengineers's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Perfect Infraengineers's Receivables Turnover falls into.


NSE:PERFECT
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Perfect Infraengineers Ltd NSE:PERFECT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Perfect Infraengineers Receivables Turnover Calculation

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

Perfect Infraengineers's Receivables Turnover for the fiscal year that ended in Mar. 2024 is calculated as

Receivables Turnover (A: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (A: Mar. 2024 ) / ((Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count )
=57.244 / ((80.518 + 108.966) / 2 )
=57.244 / 94.742
=0.60

Perfect Infraengineers's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

Receivables Turnover (Q: Mar. 2024 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2024 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Mar. 2024 )) / count )
=24.968 / ((80.533 + 108.966) / 2 )
=24.968 / 94.7495
=0.26

* 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 0.26 mean?
Perfect Infraengineers (NSE:PERFECT) has a Receivables Turnover of 0.26 as of Mar. 2024. 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 Perfect Infraengineers and its competitors.
Is Perfect Infraengineers' Receivables Turnover too high?
Perfect Infraengineers' current Receivables Turnover is 0.26. The Semiconductors industry median Receivables Turnover is 5.82. Perfect Infraengineers' value of 0.26 is 95.5% below this industry median. Overall, Perfect Infraengineers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Perfect Infraengineers' Receivables Turnover compare to FSLR and NXT?
Perfect Infraengineers' Receivables Turnover of 0.26 can be compared against companies in the Semiconductors industry. The industry median Receivables Turnover is 5.82. Perfect Infraengineers' value of 0.26 is 95.5% 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 Semiconductors company?
The median Receivables Turnover among Semiconductors companies is 5.82, based on 1,017 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. Perfect Infraengineers's current Receivables Turnover of 0.26 is 95.5% 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 Perfect Infraengineers and its competitors. For the Semiconductors industry, the median Receivables Turnover is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perfect Infraengineers's current Receivables Turnover is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perfect Infraengineers stock overvalued right now?
Perfect Infraengineers (NSE:PERFECT) has a current Receivables Turnover of 0.26. The current Receivables Turnover is 0.26 and 95.5% below the Semiconductors industry median of 5.82. Perfect Infraengineers' overall GF Score™ is 4/100. 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 Perfect Infraengineers (NSE:PERFECT), the current Receivables Turnover is 0.26 as of Mar. 2024. 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.

Perfect Infraengineers Business Description

Address Thane Belapur Road, R-637, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, MH, IND, 400701
Perfect Infraengineers Ltd is into manufacturing and trading of Hybrid Thermal Solar Panel and MEP contracting. It is engaged in two categories including Solar Thermal Panels and Hybrid Thermal System. The company has a business of execution of HVAC and manufacturing and trading of Hybrid Solar Thermal Panels and allied activities in India. The company generates key revenue from the sale of goods.
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