Permanent Magnets (NSE:PERMAGN) Receivables Turnover: 1.16 (As of Jun. 2026)

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NSE:PERMAGN Permanent Magnets Ltd NSE:PERMAGN
23 GF Score
Price ₹881.55
! 1 Warning Sign
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What is Permanent Magnets Receivables Turnover?

Permanent Magnets NSE:PERMAGN -0.07% 23 Receivables Turnover is 1.16 as of Jun. 2026. GuruFocus rates NSE:PERMAGN with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 3,038 Industrial Products companies, Permanent Magnets ranks better than 60.93% 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. Permanent Magnets's Revenue for the three months ended in Jun. 2026 was ₹632 Mil. Permanent Magnets's average Accounts Receivable for the three months ended in Jun. 2026 was ₹547 Mil. Hence, Permanent Magnets's Receivables Turnover for the three months ended in Jun. 2026 was 1.16.


Permanent Magnets  (NSE:PERMAGN) 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.


Permanent Magnets Receivables Turnover Related Terms


Permanent Magnets Receivables Turnover Historical Data

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The historical data trend for Permanent Magnets'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.

Permanent Magnets Receivables Turnover Chart

Permanent Magnets 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 3.58 0.00 4.29 5.00 4.62

Permanent Magnets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.36 1.19 1.38 1.22 1.16

NSE:PERMAGN vs : Receivables Turnover Comparison

For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.


Permanent Magnets Receivables Turnover vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Permanent Magnets's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Permanent Magnets's Receivables Turnover falls into.


NSE:PERMAGN
23GF Score
Permanent Magnets Ltd NSE:PERMAGN
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Permanent Magnets Receivables Turnover Calculation

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

Permanent Magnets'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 )
=2171.8 / ((392.5 + 546.8) / 2 )
=2171.8 / 469.65
=4.62

Permanent Magnets's Receivables Turnover for the quarter that ended in Jun. 2026 is calculated as

Receivables Turnover (Q: Jun. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Jun. 2026 ) / ((Accounts Receivable (Q: Mar. 2026 ) + Accounts Receivable (Q: Jun. 2026 )) / count )
=632.3 / ((546.8 + 0) / 1 )
=632.3 / 546.8
=1.16

* 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 1.16 mean?
Permanent Magnets (NSE:PERMAGN) has a Receivables Turnover of 1.16 as of Jun. 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 Permanent Magnets and its competitors. According to the industry distribution chart, Permanent Magnets ranks #1187 out of 3038 companies in the Industrial Products industry, placing it in the top 39.1%.
Is Permanent Magnets' Receivables Turnover too high?
Permanent Magnets' current Receivables Turnover is 1.16. The Industrial Products industry median Receivables Turnover is 4.51. Permanent Magnets' value of 1.16 is 74.3% below this industry median. Based on the distribution chart, Permanent Magnets ranks #1187 out of 3038 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Permanent Magnets has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Permanent Magnets' Receivables Turnover compare to ?
According to the Industrial Products industry distribution chart, Permanent Magnets ranks #1187 out of 3038 companies for Receivables Turnover. This puts Permanent Magnets in the upper half of its industry. The industry median Receivables Turnover is 4.51. Permanent Magnets' value of 1.16 is 74.3% 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 Industrial Products company?
The median Receivables Turnover among Industrial Products companies is 4.51, based on 3,038 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. Permanent Magnets's current Receivables Turnover of 1.16 is 74.3% 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 Permanent Magnets and its competitors. For the Industrial Products industry, the median Receivables Turnover is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permanent Magnets's current Receivables Turnover is 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permanent Magnets stock overvalued right now?
Permanent Magnets (NSE:PERMAGN) has a current Receivables Turnover of 1.16. The current Receivables Turnover is 1.16 and 74.3% below the Industrial Products industry median of 4.51. Permanent Magnets' overall GF Score™ is 23/100 with 1 warning sign 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 Permanent Magnets (NSE:PERMAGN), the current Receivables Turnover is 1.16 as of Jun. 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.

Permanent Magnets Business Description

Comparable Companies
Other Exchanges 504132:India
Address MIDC Industrial Area, Plot No. B-3, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast alloy magnets, parts, and accessories for electricity and electric vehicle parts in the world. PML also supplies Gas meter parts and accessories. The assembly includes die-cast parts, plastic parts, brass parts, bi-metal parts, stainless steel parts, and special copper alloy and nickel alloy parts. Its products are used in electronics, electricity meters, the automobile industry, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. It operates in a single segment, which is Engineering and Current Sensing applications.
23GF Score

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